Leaders of European nations, at the European Union summit in Brussels, have agreed on "the objective of completing the legal framework by the end of the year" for
European leaders reached an agreement among 23 of its 27 members on how to resolve the continent's debt crisis. Britain and three other countries refused to back the
European Union leaders are meeting in Brussels, Belgium to agree on a course of action for how to save the euro, the currency of 17 nations. French President
As the European debt crisis continues to worsen, Standard & Poor placed 15 members of the euro currency union on review for a possible downgrade. The U.S.-based credit
Mario Monti has been named Italy's new prime minister, after Silvio Berlusconi was forced to resign in the face of mounting debt crisis. Monti, who will also serve
Italian Prime Minister Silvio Berlusconi resigned Saturday amid Italy's own growing debt crisis. Italian lawmakers rushed to pass a budget bill that would pull Italy back from the
Greek Prime Minister George Papandreou called for a national referendum on the bail-out deal, a surprise move that shocked European leaders and caused stock markets to drop dramatically.
European Union leaders announced Thursday an agreement over debt crisis measures, including convincing private sector investors to take a 50% loss on Greek bonds. World markets surged in
European Union leaders continue to debate on a comprehensive plan to solve the eurzone's debt and banking crisis. The crisis poses the largest threat to the euro since
