Eurozone

Budget Battles

  • U.S. Stocks Up on German Deal to Bailout EU Banks

    By DAVID K. RANDALL

    U.S. stocks rallied for the first time in three days Wednesday after a German court backed the country's role in bailing out other European countries. The ruling renewed hopes that Europe will find a...

  • European Crisis Pits North against South

    By David Francis

    After months of bailouts and negotiations, Europe is no closer to solving a financial crisis that can mushroom into a global calamity.

  • Germans Resist Bolstering Euro Rescue Fund

    By MELISSA EDDY

    Opposition to giving Europe's rescue fund new powers appears to be growing within Chancellor Angela Merkel's coalition, weeks ahead of a key parliamentary vote.

  • Euro Stocks Fall on Merkel Defeat

    By SARAH JONES

    European stocks tumbled, with the Stoxx Europe 600 Index posting its biggest two-day drop since March 2009, as investors speculated that support for bailing out Europe’s indebted nations may fade.

  • Swiss Bankers Oppose Tax Treaty

    By JOHN HEILPRIN, Associated Press

    Swiss banking officials lashed out Monday at the possibility of yet another tax treaty with the United States aimed at handing over the details of more Americans suspected of using Swiss banks to...