Greek Debt Picture Aggravated With Austerity StepsChancellor Merkel's house call to Greece does not help Greeks take their medicine.
Merkel: No Taxation Without Euro AdministrationAngela Merkel has parried Barack Obama and David Cameron's complaints with calls for increased federalism.
Spain's EU Savior Now Cracking The Economic WhipDespite massive demonstrations and some violence, the Spanish government says there is no choice but severe belt tightening.
Osborne Seeks To Reconcile Austerity With GrowthGeorge Osborne tried to negotiate the contradictions between austerity and growth and please both parties in the coalition.
Hungary Compares EU To Colonialists Soviet BlocStung by punitive economic measures, Hungary's Prime Minister Viktor Orban lashed out at the EU.
EU Says That It Cannot Make Exceptions On TreatySigning a fiscal responsibility treaty designed to reassure investors proved the easy part. The hard part is upholding it.
Athens Burns, Lawmakers Vote on Austerity MeasuresAs demonstrators set fire to buildings and clash with security forces, Greek parliament passes disputed austerity measures.
S & P Strips France, Austria of AAA RatingStandard & Poor's ratings agency stripped France and Austria of their AAA ratings and downgraded seven other euro zone nations on Friday.
Animosity to Orban a Factor in EU Hard LineThe EU and IMF refuse a credit line to Hungary unless it restores independence to its central bank.
Strauss-Kahn Roils EUStrauss-Kahn used his reappearance in the spotlight to blast the EU leaders who must also contend with failure to raise aid money.
The Latest EU Plan Declared Dead on ArrivalDespite the full speed ahead approach with the latest European debt crisis plan, Fitch says it will never reach port.
Investors Unswayed by Fiscal Responsibility PactIs the story about to repeat itself? Another newly signed EU deal is failing to reestablish investor confidence.
Questions Remain over Euro, Cameron and SarkozyWe will soon know if the markets are satisfied with EU's good intentions or if we face a rerun of previous summits.
Sarkozy Fights for the Nation State in Debt CrisisNicolas Sarkozy is facing comparisons from the right and left oמ subservience to Germany - De Gaulle was able to put Germany in its place.
'Game Over' – Italian Prime Minister ResignsItalian Prime Minister Silvio Berlusconi officially resigned Saturday, ending the longest-running terms of office in his country.
Papandreou Takes the Only Available ChoiceGeorge Papandreou is being accused of opportunism but the only way austerity can achieve legitimacy is via the referendum.
Europe's Recovery Short Lived; Panic DeepensAgain a definitive European solution to the debt crisis has collapsed like a house of cards exposing leadership to ridicule.
EU Moment of Decision Arrives WednesdayNow that the EU has admitted that Greece will default, the race is on to secure the banks and prevent further contagion.
EU Calm Only Lasted a WeekLast week's emergency EU meeting was to have provided a sedative to investors. It wore off in a week.