Spain approves "bad bank" for toxic assets
Reform will allow the government to handle the country's toxic property investments and give the central bank more powers to shut down troubled lenders
Europe in Crisis
Greek coalition leaders back outline of new cuts
Government has been deliberating for weeks on how to save some $14.4 billion in 2013 and 2014
Spain's Catalonia requests billions in rescue aid
Spain's regions have a combined debt of 145 billion euro and some 36 billion euro must be refinanced this year
German business confidence down more than expected
It's seen as another sign that Europe's largest economy faces trouble from the eurozone debt crisis
Greece pleads with Germany for leeway on reforms
Greek Prime Minister Antonis Samaras meets German Chancellor Angela Merkel to discuss easing his country's bailout terms
European authorities ask Spain to delay "bad bank"
Spain must create the "bad bank" as a condition for accessing a loan of up to $125.5 billion to fix its troubled banks
German economy susceptible to Euro crisis
In Germany, there is plenty of concern that if Greece defaults on their debt, it's can take even Europe's biggest economy down with it, reports Mark Phillips.
Spain's bailout to come with fewer strings attached
Spain has become the fourth European country to ask euro zone finance ministers to bail out the country's troubled banks, and as Charlie D'Agata reports, the decision was a difficult but necessary one.
British Chancellor: " moment of reckoning" coming for Spain, Greece
Britian's Chancellor of the Exchequer George Osborne tells Scott Pelley that Spain and Greece will experience a "moment of reckoning" in dealing with their financial crises over the summer.
Euro fears cloud Greek parliamentary elections
There are widespread fears that if Alexis Tsipras of the leftist Syriza Party is elected to be the next prime minister of Greece, it will be economic suicide. Experts predict a run on the banks and a possible exit from the Euro zone. Clarissa Ward reports.
Geithner "encouraged" by Europe talks at G-20
Treasury Secretary Timothy Geithner said he was "encouraged" by talks at the G-20 summit in Mexico on Tuesday with European leaders on how to solve their debt crisis.
Understanding Europe's debt crisis
Clarissa Ward helps explain just what's going on in the eurzone - and what it means for the U.S.
Credit rater: Spain bailout won't hurt rating
Fitch says that a rescue deal for financially struggling nations would not prompt negative credit action
Spain to tighten control on shaky banks
Country's banks are sitting on an estimated 176B euro in bad real estate loans and other investments following the collapse of the real estate market in 2008
German minister skeptical on more time for Greece
Greek Prime Minister Antonis Samaras is seeking to earn his nation more time to complete reforms and hold on to bailout loans
S&P: Possible Spain bailout wouldn't hurt rating
Spain is reeling from the collapse of a property boom that forced it to request up to 100 billion euro in financial aid for its banks
Concerns over growth and Europe push markets lower
Adding to signs of a global slowdown in growth, Japan posted a $6.5B trade deficit in July, compared with a surplus the year before
Greece begs more time to ease into austerity
PM again rejects view that Greece should leave euro, but Germany's patience thin; Analyst says it's time to drop charade
Hopes for European rescue plan underpin markets
Investors are increasingly convinced that the ECB will buy some eurozone countries' government bonds to help reduce their borrowing costs
Greece seeks to finalize $15B spending cuts
Greek officials try to hammer out austerity measures required to guarantee European financial aid
Merkel: Canada should serve as model to Europe
German chancellor is reiterating her call for fiscal discipline in Europe by praising Canada for not "living on borrowed money"
Europe on the edge of recession
The EU's statistics agency revealed the economies of both the eurozone and the wider 27-country European Union shrank by a quarterly rate of 0.2 percent
Greek economy shrinks by 6.2 percent
Debt-crippled Greece has been in recession for five years, and the cumulative shrinkage is expected to reach 20 percent at the end of this year
How long can Spain take the financial heat?
Investors are fretting over whether Spain will be able to repay its loans, and the country could end up being shut out of vital international debt markets
Greek unemployment soars to 23.1 percent
Unemployment rate is up from 16.8 percent a year earlier; 54.9 percent of people under 25 are out of work
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In 1913, a leased barn in Los Angeles became Cecil B. DeMille's production center for the very first feature film shot in Hollywood. What started as a weather-friendly place for filmmakers grew into a phenomenon heralded around the world as a "dream factory."
These United States: Hollywood, the Dream Factory
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