Europe debt crisis


Is anti-austerity fever cooling off in Greece?

May 1, 2013
Protestors in Greece are rallying against austerity. The gathering comes just days after the country's government voted to allow 15,000 public employee layoffs.
Posted In: Greece, Europe debt crisis, austerity

Greece keeps cutting while France looks for growth

Apr 29, 2013
Two European countries have come out with very different ways to tackle their economic problems.
Posted In: Greece, France, austerity, Europe debt crisis

As Germany stumbles, will the rest of Europe fall down with it?

Apr 23, 2013
Linked by a common currency, the countries in the euro zone are roped together like climbers scaling a cliff face. If one or more loses their footing, the rest could come crashing down.
Posted In: Germany, France, Europe debt crisis

France's Finance Minister on the euro, debt and austerity

Apr 19, 2013
French Finance Minister Pierre Moscovici discusses the state of the French economy and where it is headed in the future.
Posted In: France, Europe debt crisis

Germany approves $13 billion Cyprus bailout to stem contagion

Apr 18, 2013
The overwhelming yes vote came after a warning from Germany's finance minister Wolfgang Schaeuble that if Cyprus was allowed to go bankrupt, other euro zone countries would be at risk.
Posted In: Germany, cyprus, bailout, Europe debt crisis

Japan stimulus has investors eyeing Europe

Apr 9, 2013
The value of the Japanese yen fell to its lowest level in four years after a huge monetary stimulus package was unveiled last week, and the effects of the stimulus are starting to be felt far away from Japan.
Posted In: Japan, bonds, yen, Europe debt crisis

Portugal court throws austerity cuts for a loop

Apr 8, 2013
Portugal's economic future is in doubt this morning after the country's high court ruled that many of the government's bailout cuts are unconstitutional.
Posted In: Portugal, austerity, Europe debt crisis

Euro unemployment rises to record high 12 percent

Apr 2, 2013
The jobless rate across the 17 counties that use the euro currency rose to 12 percent in January and February of 2013, adding to signs that the region's economic slump may not be over.
Posted In: euro, Europe debt crisis, Unemployment

Cyprus calm but crisis effects ripple

Mar 29, 2013
Banks are open for the second day in Cyprus after two weeks of closure. From the outside, things appear to be calm. The President of Cyprus said this morning that the country will not leave the euro.
Posted In: cyprus, bailout, Europe debt crisis

Cyprus banks re-open to crowds of eager customers

Mar 28, 2013
Banks in Cyprus have just re-opened for the first time in two weeks. Although there are tough restrictions on just how much cash customers can withdraw and what they can do with that money once they have it.
Posted In: cyprus, bailout, Europe debt crisis