Eurozone

Budget Battles

  • IMF: Debt Crisis Could Crush Europe

    By Howard Schneider, The Washington Post

    The mounting debt crisis in Europe “threatens to overwhelm” the region’s economic recovery and could have a global impact if it damages larger European countries, the International Monetary Fund...

  • Debt Crisis Threatens to Topple Greek Government

    By David Francis

    The Greek prime minister, George Papandreou, is running out of options for dealing with a debt crisis that threatens to topple his government, spook the international markets and set back the...

  • Code Red: 7 Serious Threats to U.S. Recovery

    By Kathy Deveney, The Fiscal Times

    If the Great Recession didn’t kill us, this recovery just might. Renewed worries about a Greek default, rising inflation, chronic unemployment, anemic GDP growth, and slumping home sales: For all...

  • Europeans Try to Calm Fears over Greek Crisis

    By Anthony Faiola

    LONDON — European officials on Thursday sought to calm fears over a possible financial collapse in Greece, saying that short-term aid to Athens was imminent, even as the euro slumped and concern...

  • Greek Default Fears Hit Global Markets

    By Anthony Faiola and Howard Schneider

    Greece intensified concerns Wednesday that the Mediterranean nation may be spiraling toward a calamitous default with investors.