European Debt Crisis

Labor strikes are occurring across Europe over government budget cuts in several different countries. Labor unions are worried about job and pay cuts as a result of deficit reduction measures by their governments. Europe correspondent Stephen Beard talks the details with Steve Chiotakis.

German exports have surged this year compared to 2009, business confidence is up, and several think-tanks have raised the country's growth forecasts. So German policymakers and economists are cautiously optimistic. But the little guy isn't feeling as good. Why? Kyle James reports.

Greek unions are staging their fifth general strike of the year. The 24-hour stoppage has hit the country's largest port, raising fears about Greece's most important industry. Stephen Beard reports.

European correspondent Stephen Beard talks with Bob Moon about why the financial plight of a few European countries is calling the whole euro system into doubt, and how likely it is that some countries might pull out from the eurozone.

Back when the euro was just getting going, nobody was very worried about Spain or Greece. Italy was the weak link in the common currency. Now, ten years later, Italy could still turn out to be the eurozone's biggest liability. Christopher Werth reports.

In Spain, the countries largest unions are protesting over plans to reform the country's labor laws. But the government has been forced to take these measures by fellow members of the eurozone. Stephen Beard reports.

Chinese officials in Athens are expected to announce the first of several investments in Greece's shipping and transportation sectors, which could be worth several billion dollars.

Greece wants to crack down on its notorious tax dodgers to help its bottom line in dire times.

Spanish lawmakers have decided to make substantial cuts in public spending. Italy has also signed off on its own series of spending cuts.

U.S. Treasury Secretary Timothy Geithner starts two days of meetings in London, Berlin and Frankfurt today as credit woes begin to mount throughout Europe.