European Debt Crisis

After months of protest, it appears Italians may finally be ready to work with the government to fix the nation's crumbling economy.

Merkel and Sarkozy propose amending the European Union treaty to impose budget discipline on spendthrift countries. Will markets be satisfied?

News from Europe today shows positive steps towards solving the debt crisis, on the micro and macro level.

Over the past decade, Asia has grown more powerful economically, but the woes of a major export destination and finance source worry the Asians.

Despite signs the recovery is gaining steam, trouble in the eurozone could sap demand for U.S. exports.

German Chancellor Angela Merkel today called for a new legally binding set of rules to control spending in all eurozone countries, with harsh fines for any rule-breakers.

German Chancellor Angela Merkel spoke today, echoing recent sentiments by the head of the European Central Bank and French President Nicolas Sarkozy.

Germany is the only eurozone country rich enough to bail out the euro, but many German voters and politicians feel they have already done enough.

Is the U.S. borrowing trouble with the Federal Reserve's offer to swap dollars for shaky euros?

To increase liquidity, the European Central Bank and the Federal Reserve are teaming up.