Topic: Euro Zone
Standard & Poor's called the proposal to roll over Greek debt tantamount to default. In Germany, some economists are challenging German part in eurozone bailouts.
07/05/2011 12:07 pm
If Washington doesn't get its act together with deficit reduction, the markets could tank! So, why don't the markets even seem to notice the deficit debate?
07/01/2011 04:18 pm
Rolling over Greek debt is a graceful default, but it's still a default
06/29/2011 05:17 pm
Greece's parliament approved an austerity package today. But if there's no agreement on restructuring debt payments, tensions are likely to rise anew in the fall.
06/29/2011 04:41 pm
The Greek Parliament passed an austerity package today, but the possibility of default still looms.
06/29/2011 01:51 pm
In replacing Dominique Strauss-Kahn as IMF chief, French Finance Minister Christine Lagarde becomes the first woman to lead the fund.
06/28/2011 06:44 pm
Greece is reluctant to pass wildly unpopular austerity measures that have brought thousands of angry protesters to the streets, but it has little choice.
06/28/2011 05:00 pm
Portugal and Ireland may follow Greece in asking for more financial help, which could drive up the cost of borrowing money across Europe and elsewhere.
06/28/2011 02:05 pm
The protests have become the largest social movement in Greece since martial law in 1974. More than a pushback against austerity, they hint at broad skepticism toward Europe's leaders.
06/28/2011 10:19 am
If Prime Minister George Papandreou survives tonight's confidence vote, he will push for the austerity measures needed to secure further financial aid from EU and IMF to avoid a default.
06/21/2011 03:06 pm