Eurozone

Budget Battles

  • Greeks Strike Against Austerity

    By RENEE MALTEZOU, Reuters

    Thousands of angry Greek workers marched to parliament on Tuesday to protest against austerity, waving banners reading "EU, IMF out!" as Athens' lenders arrived for talks in a race against the clock...

  • Time Running Out on Greek Debt

    By LEFTERIS PAPADIMAS, Reuters

    Greek Prime Minister Lucas Papademos promised a debt swap would be clinched in time and dispatched senior officials to Washington on Monday to break a deadlock in talks that has prompted new fears of...

  • Merkel Vows Fast Action on Fiscal Compact

    By Robin Emmott and BRIAN ROHAN, Reuters

    European leaders promised on Saturday to speed up plans to strengthen spending rules and get a permanent bailout fund up and running as soon as possible, a day after U.S. agency S&P cut the...

  • S&P Downgrades 9 Euro Countries

    By Reuters

    Standard & Poor's carried out a mass downgrade of euro zone countries on Friday, stripping France and Austria of their top-grade AAA ratings in a move that may complicate efforts to solve a two-...

  • S&P to Downgrade EU Countries

    By MATTHIAS SOBOLEWSKI and ANNIKA BREIDTHARDT, Reuters

    Standard & Poor's is set to downgrade the credit ratings of several euro zone countries later on Friday, but not those of Germany and the Netherlands, a senior euro zone government source said.