euro zone debt crisis

The euro zone crisis is back — on multiple fronts

Holly Ellyatt, CNBCApril 12, 2013 16:09

European finance ministers will be meeting in Dublin today to examine the results of the euro zone's current fiscal policies.

EU confronts "Brixit" risk

Paul AmesNovember 23, 2012 13:40

BRUSSELS — Crucial talks on the future of the European Union ended in stalemate Friday prolonging a dispute over a $1.25 trillion spending plan that's poisoning Britain's relations with its continental neighbors. However Europe's leaders eventually resolve the deadlock, the dispute over the EU's long-term budget risks pushing Britain further toward an exit from the union it joined 39 years ago.

7 unexpected events that could blow apart investor portfolios in 2013

Matthew Boesler, Business InsiderNovember 9, 2012 13:19

Here are some less than likely events that could make economic recovery even more difficult for the world.

France should welcome euro zone subordination

Catherine Boyle, CNBCOctober 26, 2012 14:04

French President Francois Hollande is facing a worsening economy and falling approval ratings as his country’s role within the euro zone changes.Yet the perceived slippage in France’s power since the days of the Merkozy axis between his predecessor Nicolas Sarkozy and German Chancellor Angela Merkel is not necessarily negative.

Germany: Top court approves euro zone bailout fund

Amanda MorrowSeptember 12, 2012 07:00

The fund is worth 500 billion euros, and today's decision means that any increase in its size, or Germany's contribution of 190 billion euros, will require the agreement of the Bundestag.

Former ECB member calls for a solution that would 'fix' the sovereign debt crisis

Simone Foxman, Business Insider August 8, 2012 17:37

It looks like a new proposal is finally reaching European leadership, and it could be something leaders are already discussing behind the scenes.

Euro zone leaders agree to directly recapitalize banks

Amanda MorrowJune 29, 2012 07:07

European Council chairman Herman Van Rompuy said the move aimed to break the "vicious circle" between banks and governments, as it will enable lenders to receive a financial boost without adding to government debt.

Another bailout in Europe, this time for Cyprus

Wolf Richter, Business InsiderJune 28, 2012 14:59

Finland doesn’t get the white-hot attention Germany does, but it should because it could be the driving force behind a breakup of the Eurozone. And it fired another shot: It demanded collateral for its share of the billions of euros that Cyprus would receive from the bailout Troika.

Greece elections: Politicians make final pledges as campaigning ends

Amanda MorrowJune 16, 2012 08:39

The conservative New Democracy leader, Antonis Samaras, told supporters last night the election offered the choice between staying with the euro or going back to the old drachma currency.

Would you trust a Greek bank with your savings?

Ken MaguireMay 19, 2012 06:00

ATHENS – In the tumultuous days after the May 6 election that left Greece unable to form a government, Greeks withdrew nearly a billion dollars from bank accounts, leading to speculation that a bank run may ensue. Still, many continue to trust the system with their life savings. Despite the risks, Nikos Charakaidis and his wife Magda Verouli keep their $13,000 in a Greek bank as a matter of principle. “If everybody takes their money, the economy stops.”