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Merkel: hope new Greek govt will keep promises
German Chancellor Angela Merkel said Saturday she hopes Greeks will elect a new government that stands by the country's promises to international ...
How shock waves will hit US if Greece drops euro
The unthinkable suddenly looks possible. Bankers, governments and investors are preparing for Greece to stop using the euro as its currency, a move ...
Stocks at 1-month high; now investors watch Greece
Stocks recorded their third big gain of the week and closed at a one-month high Friday because of expectations that the central banks of countries ...
Central banks stand ready on eve of Greek vote
On the eve of Greek elections, Europe's central bankers are hoping to avert a financial panic by signaling their readiness to support banks. At the ...
Draghi: up to politicians to fight eurozone crisis
European Central Bank head Mario Draghi warned EU leaders that they should not wait for more emergency help from the central bank to solve the debt ...
Cyprus weighs bailout options: Europe or Russia?
Cyprus faces the choice of asking for a bailout from its European partners in the euro or from Russia, and will decide where to turn after this ...
European leaders discuss continent's debt crisis
British Prime Minister David Cameron's office says European leaders have held a video conference on the continent's worsening debt crisis.
World stocks rise amid hopes for central bank help
World stock markets rebounded Friday on anticipation that central banks will act to keep any political instability in Greece following weekend ...
Key dates in Greece's debt crisis
A look at key dates in Greece's financial and political crisis. Oct. 18, 2009 — George Papandreou's new Socialist government reveals that the budget ...
Turkey: president can serve 7-year term
Turkey's top court ruled Friday that President Abdullah Gul can finish his seven-year term in office, then stand for re-election. In 2007, Parliament ...
4 Bosnian Serbs sentenced for Srebrenica killings
Bosnia's war crimes court convicted four former Bosnian Serb soldiers on Friday of participating in the execution of hundreds of Srebrenica Muslims ...
EU to Syrian regime: No more caviar, fancy cars
The European Union sent a message Friday to the Syrian regime, which stands accused of killing thousands of its own citizens: No more caviar, fancy ...
In Kiev, a protest camp outside Euro 2012 fan zone
If soccer fans aren't seeing enough action on the field in the European Championships, they can get a dose of rough-and-tumble Ukrainian politics near ...
Greece elections pose a crucial dilemma _ Q&A
Greeks will have to wrestle with a crucial dilemma when they go to the polls for the second time in as many months on June 17 to elect a new ...
Greek crisis takes its toll on industry
In its heyday just over a decade ago, the Komotini industrial zone in northern Greece was a hive of activity, with dozens of factories producing ...
Asia stocks rise amid hopes for central bank help
Asian stock markets were mostly higher Friday as investors waded back into riskier assets amid hopes that central banks in the U.S. and elsewhere were ...
Even with short-term fixes, European future bleak
Europe's on-again, off-again progress in tackling its debt problems has kept U.S. investors on edge for the better part of two-and-a-half years.
Italy, France find common ground on crisis
The Italian and French leaders on Thursday found common ground on how to confront Europe's worsening debt crisis, emphasizing that budget discipline ...
Spain crisis deepens as borrowing rates soar
Spain's borrowing costs broke through another record Thursday after a credit ratings agency downgraded the country's ability to pay down its debt amid ...
Moody's downgrades Cyprus on Greek euro exit fears
Moody's credit ratings agency on Wednesday drove Cyprus deeper into junk status with a two-notch downgrade to Ba3 over an increased likelihood that ...
Spain calls for European integration to save euro
Spain faced mounting pressure Wednesday to bolster confidence in its financial system just days after accepting a €100 billion ($125 billion) plan to ...
Swiss wary of plan for more referendums
Switzerland is holding a referendum this weekend — on whether to hold more referendums. A nationalist group wants voters in the Alpine republic to ...
EU Commission: Bloc needs long-term plan now
The head of the European Union's executive body urged the region's leaders on Wednesday to show the world that they were ready to move closer together ...