European Debt Crisis

Now that Spain has received a favorable bailout deal, will other countries in Europe expect the same?

Just in time for the Greek elections next weekend, the EU bailout of Spanish banks aims to send the signal that the eurozone will stand behind its biggest countries.

What's the mood like in Germany right now? It's a case of soccer fever as the European Championships kick off. But are Germans in denial about the eurozone crisis?

Greece continues to struggle through a debt and banking crisis and rumors of a 'Grexit' abound. If the country does leave the euro, how will it roll out the drachma, and what are the costs?

The credit rating agency Moody's downgraded seven German banks today, noting their exposure to Europe's debt problems and slower economic growth.

There was no cut in interest rates from the European Central Bank today, but some would like the ECB to take action soon.

Italians are holding out hope that a meeting of European leaders on June 28 will prove to be a turning point in the euro crisis.

The spotlight of the eurozone crisis moves to Spain, but no one has forgotten Greece. While the official unemployment rate there is above 21 percent, many more are working without pay.

Today three big banks in Portugal were forced to draw on $8.25 billion worth of European Union bailout money to weather the current financial storm. Portugal has been slogging through very tight budgets in order to be eligible for money like this.

Portugal was approved for its latest installment of bailout cash. What's life like for the Portuguese living under the gloom of austerity, and likely losses at the European Championship.