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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

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

Greece is headed towards default, and experts now are concerned about the timing. The other countries in the European Union are creating conditions under which it could default

Investors remain nervous about Greek debt and the effect it will have on the global economy. A weak open is expected for U.S. stocks. To combat the growing

German parliament has approved an expanded bailout plan aimed at ensuring economic stability for Europe. Countries under the euro are affected by debt crisis, and the bailout’s intention