Sovereign Debt Crisis

A definitive Greek default is thought by some analysts to be quite likely, and to be coming soon.

There are only three greater sources of confusion in the world than what's going on in Greece, and they are all found in quantum physics, David Lynch ...

The concept that a common currency can be used by 16 nations with vastly different economic and fiscal policies was sheer folly. The current Eurozone debt crisis is not only an acute economic and debt crisis. It is also political farce, with a heavy dose of irony.

All signs point to 2012 witnessing an acceleration of the negative economic and fiscal metrics that plagued advanced and major emerging economies in 2011.

PARIS -- Just three years ago, the euro was being praised as the can-do currency that had delivered unprecedented prosperity in Europe. Now, it's wid...

BERLIN (Alexandra Hudson) - German business sentiment rose sharply in December, defying expectations for a decline and underscoring the resilience...

The situation in Europe is hitting global credit markets, making it harder for companies and banks to secure loans. Investors are buying fewer corpora...

PARIS/FRANKFURT (Paul Taylor and Paul Carrel) - Pressure mounted on Wednesday for the European Central Bank to intervene more decisively after fin...

TEL AVIV (Tova Cohen and Ari Rabinovitch) - An agreement reached by European countries for deeper economic integration was a step in the right di...

FRANKFURT - The European Banking Authority (EBA) has warned lenders against being so risk-averse as to prompt a credit crunch. It also said reg...

The fundamental problem is that for all their summiting, for all their meticulous planning, and for all their considerable progress together for more than half a century, there is still no one country called "Europe."

The bank bailouts of 2008 created a firestorm of public anger in the United States. Now European leaders are trying to avoid the same fate. It's not l...

We have forgotten our roots, when the American colonists thrived on a system of money created by the people themselves, debt-free and interest-free. The continued dominance of the Wall Street money machine depends on that collective amnesia.

Billionaire investor George Soros says that the global financial system is on the brink of collapse. Developed countries are falling into a "defla...

PARIS (Paul Taylor) - The euro faces a decisive week as European Union leaders, urged on anxiously by the United States, seek agreement on a convi...

Some economists have warned that the economic consequences for Europe could be dire if Greece leaves the euro. But Arianna Huffington, president and e...

As Europe teeters on the edge and the eurozone faces the possibility of a breakup, Americans readying themselves for retirement may need to shield the...

As the eurozone crisis continues to develop, pressure for the European Central Bank to act is mounting. Many want the ECB to bail out troubled Europea...

To some people, the European Central Bank seems like a fire department that is letting the house burn down to teach the children not to play with matc...

LONDON/BOSTON (Ben Hirschler and Scott Malone) - When Novo Nordisk's chief financial officer met marketing colleagues last Friday the conversation...

As a breakup of the eurozone -- a once seemingly impossible scenario -- becomes increasingly likely, economists are starting to sketch out what a post...

As the sovereign debt crisis in Europe threatens to spill over into the United States, the federal government wants to make sure that banks are prepar...

If the European Central Bank follows in the footsteps of Bernanke, I don't see how the results will be any different for the Europeans. Printing money may sound attractive to the desperate, but it is at best a short-term panacea.

WASHINGTON (Lesley Wroughton) - The International Monetary Fund is inserting itself more forcefully into Europe's efforts to resolve its debt cris...