Let's step back for a minute and think about Europe when we strip away the clutter. An economic theorist might view Europe as an illustration of what economists call "risk-sharing": activities that spread or share risk across individuals so that everyone bears only a small amount.

FRANKFURT, Germany — The European Central Bank cut its benchmark interest rate to a record low Thursday to spark economic growth but gave little...

What's the problem with Europe? Don't blame it on the so-called "debt crisis." There was no debt crisis in Britain, for example, which is now experiencing its first double-dip recession since the 1970s. Blame it on austerity economics.

BRUSSELS — Rating agency Standard & Poor's said Monday it has downgraded the creditworthiness of the eurozone's rescue fund by one notch to AA+,...

All of the accounts of the current situation in Europe have some merit, yet all miss the deeper point. This crisis occurred because bankers and shadow bankers (such as the hedge funds that are betting against Europe's bonds) have too much power.

America's future can be seen clearly in today's European crisis over sovereign debt. What is not clear is the path our country will take to resolve our own economic crisis.

With its high unemployment and stretched balance sheets, today’s US economy can ill-afford a negative shock from abroad. Yet, this is what it is exp...

The European sovereign debt crisis may be off the front pages while all eyes are on Egypt, but that doesn't mean its problems are any closer to being ...

There will be many twists and turns as the Ireland debt crisis unfolds and there's a chance a resolution might just lead to Asia. Here's how I see it...

BRUSSELS — A bold $1 trillion rescue by the European Union halted the slide of the euro on Monday and sent markets soaring worldwide in a gambit...

WASHINGTON — The Federal Reserve late Sunday opened a program to ship U.S. dollars to Europe in a move to head off a broader financial crisis on...

Many commentators suggest Spain is now the euro zone's Maginot Line. The argument is clear: Spain, with gross domestic product of more than $1.3 trill...