Germany is feasting on the rest of Europe

The situation in Athens seems to have calmed down, but former Federal Reserve Chairman Ben Bernanke thinks Europe has an even bigger issue to worry about: Germany.

Greece needs 32.6 billion euros if bailout extended: Troika

BRUSSELS: Greece's international creditors will have to find 32.6 billion euros if they agree to extend its debt bailout by two years to 2016, as it wants, according to a draft report.

Andrew Tyrie urges IMF to lead the fight against the eurozone 'fire', sees Greek exit from euro

The International Monetary Fund must take decisive control of the eurozone crisis or risk a “global economic fire”, Andrew Tyrie, the chairman of the Commons Treasury Select Committee, has warned.

European stock markets rocked by panic selling as debt crisis reignites

Europe's sovereign debt crisis exploded back into life on Tuesday, with markets across the continent rocked by a wave of panic selling amid renewed fears about the impact of savage austerity measures in Spain and Italy.

Spain heading for highest debt level in 22 years

MADRID: Spain's public debt will jump to its highest level since at least 1990 this year as the economy sinks into recession, the government said in its budget on Tuesday, worrying investors who sold Spanish bonds.