In Depth

Europe in Financial Crisis

Follow the latest reporting from CBS MoneyWatch on the European debt crisis

Latest

German central bank: Economy to improve "markedly"

Stronger growth could help the eurozone climb out of its recession

OnMay 21, 7:54 AM
EU Commission sees Greek recovery but few jobs

Forecasts that Greece's deep, six-year recession is likely to end in 2014

OnMay 17, 9:56 AM
European car sales up for first time since 2011

Industry has been victim of the region's deepening recession, and Europe's carmakers are looking to see when the bottom will hit

OnMay 17, 7:10 AM
Germany: Central banks can't solve all problems

Finance minister warns that there is too much money flooding global financial markets

OnMay 16, 8:17 AM
Eurozone recession extends into 6th quarter

EU statistics office: Nine of the 17 eurozone countries are in recession, with France a notable addition to the list

OnMay 15, 8:12 AM
Fitch upgrades Greece's credit rating

Upgraded from from CCC to B-; ratings agency says the debt-hobbled country's economy is rebalancing

OnMay 14, 12:48 PM
EU to shift bill for bank failures to creditors

Finance ministers met to hammer out the new rules on how to fund bank rescues as part of their wider project to set up a banking union

OnMay 14, 10:46 AM
Eurozone growth hopes emerge after industrial data

Official figures showed eurozone industrial output rose a monthly 1 percent in March, double the rate expected

OnMay 14, 8:05 AM
Greece: We're steadily beating austerity targets

For the first time this year, tax collection was on target in April, while quarterly net revenues were 5.1 percent above target

OnMay 10, 8:03 AM
Greece: Economic recovery in sight

Finance minister: Economy should start recovering next year and unemployment rate should edge lower from the end of 2014

OnMay 09, 8:20 AM
Cyprus keeps withdrawal limits in place

Central Bank chief: Capital controls necessary until trust in the bailed-out country's ailing banking system is restored

OnMay 09, 7:44 AM
EU: Recession in the eurozone to drag on

European Union predicts that unemployment in the trading bloc will continue to rise this year

OnMay 03, 7:18 AM
Europe turns to stimulus with interest-rate cut

European Central Bank pushes key lending rate down to record low in move to revive sagging regional economy

OnMay 02, 8:16 AM
Cyprus lawmakers approve $30B rescue package

Cypriot parliament gives green light to bailout aimed at keeping island country from going bust

OnApril 30, 1:54 PM
Cyprus parliament set to vote on bailout

Lawmakers expected to narrowly approve a $30 billion rescue package for the cash-strapped island nation

OnApril 30, 8:47 AM

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Europe in Financial Crisis

Latest

German central bank: Economy to improve "markedly"

EU Commission sees Greek recovery but few jobs

European car sales up for first time since 2011

Germany: Central banks can't solve all problems

Eurozone recession extends into 6th quarter

Fitch upgrades Greece's credit rating

EU to shift bill for bank failures to creditors

Eurozone growth hopes emerge after industrial data

Greece: We're steadily beating austerity targets

Greece: Economic recovery in sight

Cyprus keeps withdrawal limits in place

EU: Recession in the eurozone to drag on

Europe turns to stimulus with interest-rate cut

Cyprus lawmakers approve $30B rescue package

Cyprus parliament set to vote on bailout

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