Mar 20, 2013
Britain's budget, released today, contains more deep spending cuts. Nobel-winning economist Paul Krugman argues that austerity policies in the UK and Europe are killing growth.
Mar 5, 2013
A guide to living under austerity (and that's another word for sequester).
Feb 26, 2013
Global stock markets are falling this morning after preliminary election results in Italy indicate no political party won a clear majority in parliament.
Feb 22, 2013
Today, the European Commission said the euro zone will shrink another 0.3 percent in 2013, which is deeper and longer lasting than originally expected.
Feb 20, 2013
After clashes between police and protesters became violent, Bulgarian Prime Minister Boyko Borisov submitted his resignation today in what has become the latest example of voters rising up against budget cuts and winning.
Feb 5, 2013
Francois Hollande gives his first speech to the European Parliament as head of state.
Feb 1, 2013
A bribery scandal in Spain is threatening the government of Prime Minister Mariano Rajoy at a time of austerity and high unemployment.
Jan 8, 2013
The U.K.'s coalition government has just passed the halfway point in its first term. Critics say its continuing tough talk on austerity is constraining growth.
Dec 24, 2012
The outgoing Prime Minister of Italy, Mario Monti, has said he would would be prepared to head up any new government committed to his economic reforms.
Dec 19, 2012
Greece's credit rating just got an upgrade by Standard & Poor's. The ratings agency bumped Greece up to a solid B-. And it says that rating is stable -- meaning it won't change in the next several months.