August 27, 2012

France's Hollande Backs Greece But Urges Credible Reform

(CNN) -- French President Francois Hollande restated his country's support for debt-stricken Greece Saturday, but stressed that it must live up to its reform commitments.

August 26, 2012

In Euro Crisis, Fingers Can Point in All Directions

FRANKFURT — The debate about how to distribute the cost of preserving the euro often centers on a fundamental question that is unspoken but implicit: Who caused this crisis anyway?

August 25, 2012

German finance ministry studying "Grexit" costs: paper

BERLIN (Reuters) - A working group led by Germany's deputy finance minister is studying the possible economic impact of a Greek exit from the euro zone, a newspaper reported on Friday, as Chancellor Angela Merkel prepared for talks with Greece's prime minister.

August 24, 2012

Debt crisis: eurozone headed for recession as economic rot spreads

The eurozone looks destined for its second recession in three years, as business surveys showed the economic rot is even spreading to Germany, the region's largest and strongest economy.

August 23, 2012

Eurozone crisis: Greek PM Antonis Samaras seeks 'breathing space', starting EU talks

ATHENS: Greek Prime Minister Antonis Samaras started a European charm offensive on Wednesday with an appeal to Germans for more time to meet Athens' borrowing obligations, but he may struggle to make his case in a series of meetings this week with EU leaders.