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Europe's Economic Crisis

Europe's Economic Crisis : Opinion Brief
Greeks protest against austerity measures: The Economist suggests that the best way for European countries to resolve the debt crisis is to become, in effect, the United States of Europe.

Europe's choice: Break up or become a super state?

As the impasse over the continent's debt crisis drags on, the euro currency bloc might have to choose between all or nothing

 
Europe's Economic Crisis : Burning Question
The EU and Greek flags fly in front of the Parthenon: EU leaders are at a stalemate over financial integration.

Would Greece's exit strengthen the euro?

Markets are jittery over the possibility that Greece will leave the euro. But the much-feared move could actually benefit the currency bloc

 
Europe's Economic Crisis : Analysis
German Chancellor Angela Merkel arrives at an informal EU leaders summit in Brussels Wednesday: Saving Greece and keeping it in the EU may all come down to Germany.

Will Europe pool its debt to save Greece?

France is pushing the idea of a common bond — known as a "eurobond" — to stabilize the continent's debt crisis. Germany isn't quite as enthusiastic

 
Europe's Economic Crisis : Opinion Brief
While German Chancellor Angela Merkel seemed to warm up to pro-growth policies in Chicago this weekend, she may have been paying lip service to the ideas.

The G8 consensus on Europe's debt crisis: Turning point or empty rhetoric?

Under pressure from world leaders, Germany appears to soften its tough austerity stance — though some analysts believe the shift isn't nearly enough to save Europe

 
Europe's Economic Crisis : Opinion Brief
President Obama and German Chancellor Angela Merkel in Washington last year: During the weekend's G-8 meeting, Obama will likely encourage Germany to rethink its harsh austerity demands.

The European debt crisis: Can Obama do anything to stop it?

The president is hosting European leaders at Camp David, where he is expected to lobby for action on a far-off crisis that threatens to spill onto America's shores

 
Europe's Economic Crisis : Forecast
A busy ATM in Athens: Fear over Greece's precarious position in the eurozone prompted Greeks to withdraw 800 million euros in a single day this week.

Bank panic in Greece: What happens if Greeks quit the euro?

As Greece veers toward a eurozone exit, depositors are draining their bank accounts, and European leaders are beginning to plan for a post-Greece future

 
Europe's Economic Crisis : Opinion Brief
Syriza leader Alexis Tsipras seems to want no part in a Greek unity government, all but ensuring new parliamentary elections that his leftist party is poised to clean up in.

Can a new election save Greece?

Efforts to form a unity government seem to fail, setting up yet another showdown between Alexis Tsipras' anti-austerity forces and the old Greek guard

 
Europe's Economic Crisis : Opinion Brief
German Chancellor Angela Merkel is urging Greece to comply with the terms of its austerity program, or risk losing its place in the European Union.

Will Germany cave in to the demands of Greece's anti-austerity parties?

The two countries are butting heads over Greece's refusal to comply with the terms of its financial bailout, and it's unclear which side will blink first

 
Europe's Economic Crisis : Controversy
French President-elect Francois Hollande campaigned on a promise of rolling back Europe's harsh austerity measures, though German Chancellor Angela Merkel is unlikely to let him do so.

Francois Hollande vs. Angela Merkel: A looming war over austerity?

France's president-elect rides into power on a wave of opposition to Europe's harsh austerity agenda. He's about to crash into Germany's no-nonsense chancellor

 
Europe's Economic Crisis : The List
Greeks attend a campaign rally in Athens on Friday. The country's political parties, fiercely divided on whether to accept austerity measures, seem unable to agree on a governing coalition.

Greece's landmark elections: 5 takeaways

The eurozone debt crisis has produced a seismic shift in Greece, where anti-austerity voters stripped power from the parties that have run the country for decades

 
Europe's Economic Crisis : Opinion Brief
French President-elect Francois Hollande greets his supporters on May 6: Investors are worried that Hollande's win, along with other recent electoral changes in Europe, will end EU austerity measures and doom the world economy.

Francois Hollande: Is a Socialist French president a threat to the global economy?

Hollande is the first Socialist candidate in 25 years to be elected France's president, a fact that roiled the markets on Monday. Is it time to sell, sell, sell?

 
Europe's Economic Crisis : Opinion Brief
French Socialist presidential frontrunner Francois Hollande wants Europe to quit focusing so heavily on the austerity measures championed by Nicolas Sarkozy and Angela Merkel.

Will anti-austerity voters kill the euro?

The French presidential election and the collapse of the Dutch government indicate that the ballot box is pushing Europe to a decisive turning point

 
Europe's Economic Crisis : Opinion Brief
Protesters demonstrate against spending cuts in Madrid: Spain's economy, the EU's fourth largest, is in increasingly dire straits.

Spain's escalating financial crisis: Is Europe committing 'economic suicide'?

The continent's fourth-largest economy could be heading toward a full-blown crisis, and Europe's political class only seems to be exacerbating the problem

 
Europe's Economic Crisis : The List
People file into a government job center in Chipiona: Spain has the largest unemployment rate in the eurozone, which is only hurting the country's crippling debt problem.

6 reasons Spain could be Europe's next debt-crisis victim

Europe's fiscal crisis just won't die. And now malevolent market forces are hounding one of the continent's biggest economies

 
Europe's Economic Crisis : Opinion Brief
Greek Finance Minister Evangelos Venizelos addresses reporters after securing a $170 billion bailout from Europe: Greece still faces extreme austerity measures and a crippling recession.

After the bailout: Is Greece still doomed?

The debt-laden nation secures a whopping $170 billion lifeline — but few Greeks are breaking out the champagne

 
Europe's Economic Crisis : Fact Sheet
Protesters in front of the Greek Parliament in Athens during clashes with riot police: A Greek default could be as painful for the global economy as Lehman Brothers' 2008 collapse.

Can Europe survive a Greek debt default?

Skeptics worry that a new $171 billion bailout won't solve Greece's financial woes — and that Athens will inevitably fail to pay its bills

 

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