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Europe's Economic Crisis

Cartoon View: The borrowing empire

Opinion Brief: After the bailout: Is Greece still doomed?

Burning Question: Can Europe survive a Greek debt default?

Analysis: Why China should bail out the eurozone: 3 theories

In-depth briefing: The German economic colossus

Instant Guide: The 'historic' economic deal to unite Europe — without Britain

The Bullpen: Democratize the EU

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Europe's Economic Crisis : Opinion Brief

Greek Finance Minister Evangelos Venizelos addresses reporters after securing a $170 billion bailout from Europe: Greece still faces extreme austerity measures and a crippling recession.

After the bailout: Is Greece still doomed?

Posted on February 22, 2012, at 1:48 PM

The debt-laden nation secures a whopping $170 billion lifeline — but few Greeks are breaking out the champagne

Europe's Economic Crisis : Burning Question

Protesters in front of the Greek Parliament in Athens during clashes with riot police: A Greek default could be as painful for the global economy as Lehman Brothers' 2008 collapse.

Can Europe survive a Greek debt default?

Posted on February 16, 2012, at 2:42 PM

Skeptics worry that a new $171 billion bailout won't solve Greece's financial woes — and that Athens will inevitably fail to pay its bills

Europe's Economic Crisis : Analysis

Chinese Premier Wen Jiabao talks with European Union leaders in Beijing on Tuesday: Europe hopes China will use some of its $3.2 trillion in foreign exchange reserves to bail out the struggling eurozone.

Why China should bail out the eurozone: 3 theories

Posted on February 15, 2012, at 3:13 PM

The EU is practically begging for a financial lifeline from the world's most populous nation. China isn't eager to get involved — but maybe it should be

Europe's Economic Crisis : Opinion Brief

Anti-austerity protesters confront riot police Friday: Greek leaders have agreed to a new round of unpopular job and spending cuts.

Greece's austerity deal: Too little, too late?

Posted on February 10, 2012, at 1:02 PM

Trying to secure a massive European bailout, Greek leaders finally agree to major job and spending cuts. But European leaders insist that Greece do more

5 Comments

Europe's Economic Crisis : Opinion Brief

French President Nicolas Sarkozy says S&P's credit downgrade of his country "changes nothing," though critics say it foreshadows disaster for the eurozone.

Will debt downgrades doom the eurozone recovery?

Posted on January 17, 2012, at 1:45 PM

Standard & Poor's docks the credit ratings of France, Spain, Italy — and even the rescue fund charged with bailing out struggling European nations

Europe's Economic Crisis : In-depth briefing

An employee of German steel company Salzgitter AG: Germany's unemployment rate in December stood at 6.8 percent; Spain's, by contrast, had risen above 20 percent.

The German economic colossus

Posted on January 13, 2012, at 10:37 AM

Europe's largest country is thriving while much of the continent faces economic ruin. Why?

18 Comments

Europe's Economic Crisis : Instant Guide

British Prime Minister David Cameron effectively vetoed an economic deal that would have imposed strict new financial regulations on all EU nations, isolating his island nation from the rest of the EU.

The 'historic' economic deal to unite Europe — without Britain

Posted on December 9, 2011, at 5:22 PM

After Prime Minister David Cameron vetoes a treaty to save the euro, the eurozone casts the United Kingdom aside and forges ahead

16 Comments

Europe's Economic Crisis : Opinion Brief

German Chancellor Angela Merkel and French President Nicolas Sarkozy presented a plan Monday that would penalize eurozone countries with out-of-control deficits.

Will the Merkel-Sarkozy plan fix Europe?

Posted on December 6, 2011, at 11:48 AM

Europe's leaders move to impose fiscal discipline — just the sort of discipline that might have averted a debt crisis in the first place

Europe's Economic Crisis : Instant Guide

Traders at the Chicago Board Options Exchange on Wednesday: Stocks surged after the Federal Reserve and other central banks announced a joint effort to ease Europe's debt crisis.

The West's attempt to rescue Europe: A mere band-aid?

Posted on November 30, 2011, at 6:31 PM

Markets surge after wealthy nations unite to ease the European debt crisis — even though the eurozone's fundamental problems remain unsolved

6 Comments

Europe's Economic Crisis : The Bullpen

David Frum: Democratize the EU

Posted on November 30, 2011, at 2:55 PM

If the EU is going to assume more control over debt-plagued nations' finances, it must first let Europeans elect the leaders in Brussels

5 Comments

Europe's Economic Crisis : The List

European Central Bank President Mario Draghihi: Some analysts say the Central Bank should flood the market with money to ease the continent's financial crisis.

5 ways to save Europe

Posted on November 29, 2011, at 10:47 AM

Europe is in crisis, and the fallout from its fast-approaching financial meltdown would hurt the U.S., too. Is a Fed bailout the answer?

6 Comments

Europe's Economic Crisis : In-depth briefing

"It's better to like beautiful girls than to be gay," Silvio Berlusconi once declared. The scandal-plagued Italian recently resigned as prime minister in the wake of his country's massive debt crisis.

The rise and fall of Silvio Berlusconi

Posted on November 18, 2011, at 11:01 AM

The era of Berlusconi, Italy's longest-serving postwar prime minister, is finally over. Will Italy ever recover?

Europe's Economic Crisis : Opinion Brief

A woman walks past television screens showing Silvio Berlusconi's farewell speech: The controversial Italian politician may have resigned as prime minister, but he still controls much of the media.

Is Silvio Berlusconi really gone for good?

Posted on November 14, 2011, at 12:12 PM

Italy's leader resigns over a crushing debt crisis, but some believe the survivor of myriad sex and corruption scandals will bounce back from this, too

Europe's Economic Crisis : Fact Sheet