European Financial Crisis

IMF economists apologize for austerity forecasts

Economists admit that they failed to see how huge cuts would undermine growth in countries like Greece

Natasha Lennard Friday, Jan 4, 2013 9:13 PM UTC 16
News IMF, Austerity, Fiscal cliff

Europe’s debt crisis is greater threat than the “fiscal cliff”

The newest OECD report warns both Europe and the U.S. against swift austerity measures

Natasha Lennard Tuesday, Nov 27, 2012 4:43 PM UTC
Business Eurozone, Fiscal cliff, Austerity

Eurozone slides back into recession

Increasingly depressed conditions across the 17-member group at a time of austerity and high unemployment VIDEO

Associated Press Thursday, Nov 15, 2012 9:56 PM UTC
News Recession, Eurozone

Mass anti-austerity protests hit Europe

Workers across the European Union coordinate strikes and demonstrations

Raf Casert, AP Wednesday, Nov 14, 2012 1:58 PM UTC
News Anti-austerity, Eurozone, Protest

Eurozone unemployment rises to new record

More than one in four people out of work in Greece

Pan Pylas, AP Wednesday, Oct 31, 2012 6:10 PM UTC
News Neuroscience, Greece

Responses to EU’s Nobel Peace Prize

Some say the choice is "nonsense," others see it as an important morale boost for the beleaguered union

Natasha Lennard Friday, Oct 12, 2012 3:50 PM UTC 14
News Nobel Prize, Austerity, Europe

European Union awarded Nobel Peace Prize

Honor comes as 27-nation bloc was struggling with its biggest crisis since it was created in the 1950s

Julia Gronnevet and Karl Ritter, AP Friday, Oct 12, 2012 11:42 AM UTC
News Nobel Peace Prize

Spanish bailout dilemma sharpens

S&P downgrades Spain's debt to just above junk status

Ciaran Giles, AP Thursday, Oct 11, 2012 7:44 PM UTC
News European Financial Crisis, Debt

Merkel meets mass protest in Greece

The German leader is in the country for the first time since the Eurozone crisis began

Associated Press Tuesday, Oct 9, 2012 12:22 PM UTC
News Germany, Greece

Today’s news in pictures

A look at the top stories of the day

Prachi Gupta Monday, Oct 8, 2012 9:08 PM UTC
News rhea perlman, Danny DeVito, Putin

Embattled Greeks lash out at migrants

With a right-wing party in parliament and jobs disappearing, violence against foreigners is soaring

James Angelos, GlobalPost Thursday, Oct 4, 2012 10:55 PM UTC 10
Life Athens, Europe, GlobalPost

Video: Madrid on the brink

A new short film documents and explains the context of recent anti-austerity protests in Spain VIDEO

Natasha Lennard Tuesday, Oct 2, 2012 5:10 PM UTC
News Anti-austerity, Eurozone, Protest

Eurozone unemployment stuck at record high

In August, 34,000 more people lost their jobs in the eurozone

Associated Press Monday, Oct 1, 2012 12:13 PM UTC
News Greece, Unemployment

France unveils tax-heavy budget

Associated Press Friday, Sep 28, 2012 2:55 PM UTC
News Taxes, France

Eurozone considers boosting bailout fund

Private investor involvement mulled to increase fund's power

Associated Press Monday, Sep 24, 2012 2:03 PM UTC
News Germany

Big story you missed: Saving the euro

A German court has approved the country's involvement in a euro bailout fund

Jillian Rayfield Wednesday, Sep 12, 2012 9:25 PM UTC
News Germany, Big story you missed

Will Greece destroy the euro?

Greece's prime minister has asked Germany for more time to enact reforms as Europe slides toward financial ruin

Siobhan Dowling, GlobalPost Friday, Aug 24, 2012 4:31 PM UTC
News GlobalPost, Greece, Germany, Europe

European castles for sale

Crippled by the financial crisis, Europeans are selling their chateaus and palazzos for pennies on the dollar

Paul Ames, GlobalPost Tuesday, Aug 21, 2012 2:55 PM UTC
News GlobalPost

Biggest story you missed

Since the start of the economic crisis, suicides and mental disorders have skyrocketed in Europe

Santiago Wills Tuesday, Aug 14, 2012 10:12 PM UTC
News European Financial Crisis

Spain pressures eurozone

No solution in sight amid calls for new bailout for Spain

Paul Ames, GlobalPost Wednesday, Jul 25, 2012 3:31 PM UTC
News GlobalPost, Spain

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