Eurozone

Budget Battles

  • Greek FM Says European Debt Deal is Attainable

    By DEREK GATOPOULOUS

    A European debt deal is "attainable" at an emergency EU summit Thursday, Greece's finance minister claimed, saying he believed European governments and private bond holders would be able to draw up a...

  • In Italy, ‘Bunga Bunga’ and Now Debt Panic

    By David Francis

    Italian politics have been farcical for years under Prime Minister Silvio Berlusconi, a notorious womanizer. But the country’s debt crisis last week was no joke, and officials are scrambling to...

  • European Debt Fears Hit Markets after Stress Tests

    By DAVID McHUGH

    Worries that Europe's debt crisis will spread to Italy and Spain spooked investors Monday after stress tests into the continent's banks failed to ease tensions ahead of an emergency meeting of EU...

  • UK PM: Parliament Should Delay Break over Hacking

    By ASSOCIATED PRESS

    LONDON (AP) — British Prime Minister David Cameron, under huge political pressure over the intensifying phone hacking scandal at Rupert Murdoch's embattled U.K. newspaper empire, said Monday that...

  • Italy to Give Final OK to Austerity Package

    By ALESSANDRA RIZZO

    Italy's parliament began discussing an austerity package ahead of a final vote Friday on the measures seen as crucial to keeping the eurozone's third largest economy from succumbing to the debt...