Eurozone
  • Merkel, Sarkozy Meet as Euro Economy Fears Swell

    By DAVID McHUGH

    A marked slowdown in European economic growth is overshadowing a meeting Tuesday between the leaders of Germany and France aimed at getting the eurozone's 17 countries to work closer together to dig...

  • Eurozone Growth Sags in Q2

    By DAVID McHUGH

    Economic growth in the 17 countries that use the euro sagged to 0.2 percent in the second quarter as a previously robust expansion in Germany almost ground to a halt.

  • Germany Baulks at Euro Rescue

    By MELISSA EDDY

    Left, right and center, a vast majority of Germans and their leaders believe that the combination of free markets and strict competition controls was the key to their country's economic success.

  • Europe Debt Crisis Needs Fix

    By DAVID McHUGH

    As a week of market turmoil ended Friday, an increasing number of economists and policymakers were calling for an unprecedented solution to combat Europe's debt crisis: a new joint bond backed by all...

  • Italian Local Governments Resist Emergency Cuts

    By ASSOCIATED PRESS

    ROME (AP) — Premier Silvio Berlusconi's government is facing fierce resistance to emergency spending cuts from local government officials, who are urging the government to start from scratch. The...