Eurozone

Budget Battles

  • German Parliament Approves Bailout Fund

    By MICHAEL BIRNBAUM, The Washington Post

    ATHENS — German lawmakers voted Thursday to approve expanded powers for a European bailout fund that Chancellor Angela Merkel has said is critical to ensuring economic stability on the continent. The...

  • Greece Okays Unpopular Property Tax

    By MICHAEL BIRNBAUM and Neil Irwin, The Washington Post

    ATHENS — The Greek government took a crucial step Tuesday to avoid default, winning parliamentary approval for a highly controversial property tax increase that could help the country meet...

  • Greece to Receive Bailout; Avert Default

    By ELENA BECATOROS and GEIR MOULSON

    Greece will receive its next batch of bailout loans in time to avoid a disastrous default, the finance minister said Tuesday, as stock markets rallied on hopes that the prime minister will discuss...

  • Greece Vows “Firm” Commitment to Euro

    By Howard Schneider, The Washington Post

    Greece’s commitment to the euro is “firm and irrevocable,” the country’s finance minister said Sunday as euro-zone officials tried to press their case that the currency union will stick together...

  • Euro Crisis: How to Stop the Contagion

    By Patrick Smith

    Even a couple of months ago, the idea that Greece would be forced to default on its debt and exit the eurozone seemed some kind of distant horror. Now both seem all too near as possibilities. What...