Eurozone

Budget Battles

  • Cameron's Rejection of EU Summit Isolates Britain

    By GREGORY KATZ, Associated Press

    By rejecting an invitation to join 26 European partners in a tighter financial alliance to save the euro, British Prime Minister David Cameron has raised doubts about whether Britain can...

  • Euro Deal Reached—Will it Hold?

    By ANGELA CHARLTON and GABRIELE STEINHAUSER

    The 17 countries that use the euro, plus six of their European Union partners, agreed Friday to an ambitious treaty tying their finances together in the hopes of solving Europe's debt crisis. At the...

  • Euro Crisis: Stocks Drop on ECB Comments

    By Matthew Craft

    The Dow Jones industrial average dropped nearly 200 points Thursday after the head of the European Central Bank said there was no plan for large-scale purchases of European government bonds, as many...

  • Sarkozy, Merkel Press Debt Plan with EU Allies

    By JAMEY KEATEN

    The leaders of France and Germany tried to rally fellow European conservatives Thursday around their latest bid to save the euro currency from collapsing under the weight of huge government debts...

  • Italy's Spending Cuts Gets Praise from Geithner

    By Martin Crutsinger and PAN PYLAS

    U.S. Treasury chief Timothy Geithner and a U.S. ratings agency both praised Italian Premier Mario Monti's new austerity measures, saying Thursday he was leading the debt-strapped nation in the right...