Whats up Europe

Markets have been a brighter in the past week after the European Central Bank announced a plan to keep Spain, Italy and other troubled economies afloat. But the possibility of even more austerity on top of sky-high unemployment has the Spanish worried.

Two ex-pats living in the U.K. discuss the jobs picture abroad.

Tomorrow is Bastille Day in France, the French will be celebrating despite the rainy weather and eurozone turmoil. This week French carmaker, Peugot, announced major layoffs, signaling the tough economic climate facing the country.

In Spain today, the government announced new austerity measures to meet the terms of the bank bailout early this month: $80 billion worth of tax increases and pay and benefit cuts.

For Americans abroad, this 4th of July is spent talking about Barclays and David Beckham -- all while knocking back a few at the pub.

As the Irish keep an eye on Greece and Spain, what news is keeping the Irish upbeat?

Germany will battle Greece in the quarterfinals of the European Football Championship. What kind of tensions might play out during the game?

What are Italians talking about these days? Soccer. But the eurozone crisis is still keeping people on edge.

Now that the Greek election has passed, people are looking at Spain -- which may be headed towards a full bailout.