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Eu Debt Crisis

European Debt Crisis: EU Plans Closer Spending Scutiny

AP | AOIFE WHITE | Posted 05.25.2011 | Business

BRUSSELS — European Union officials urged a crackdown on widespread government overspending, calling Wednesday for much closer economic coordina...

Global Economy: Continuing Recovery But Clouds on the Horizon

Olivier Blanchard | Posted 05.25.2011 | Business
Olivier Blanchard

How Europe deals with fiscal and financial problems, how advanced countries proceed with fiscal consolidation, and how emerging countries rebalance their economies going forward will determine if we see recovery or stagnation.

Debt Crisis and Threat of Bankruptcy Encourages Europe To Create Greater Economic Reform

AP | DANIEL WOOLLS and COLLEEN BARRY | Posted 05.25.2011 | Business

MADRID — In the ashes of Europe's debt crisis, some see the seeds of long-term hope. That's because the threat of bankruptcy is forcing governm...

European Debt Crisis Looms As Markets React To Greek Debt Woes

Posted 05.25.2011 | Business

BERLIN (BY JUERGEN BAETZ, Associated Press) - Europe's debt crisis flared again Wednesday as Spain saw its credit rating lowered, just as Germany soug...