Britain Isolated on Fiscal Union
Britain was left standing alone as most of the 27-nation European Union agreed to consider a separate treaty with stricter budget rules for the euro zone.
Budgets, Not Bonds: Germany’s Merkel Talks Tough on Eurozone
German leader insists key to euro debt crisis is austerity, not eurozone bonds or ECB intervention.
Greece, Italy Face Shifting Governments
The financial crisis that brought down the leaders of both Greece and Italy is not finished with the nations yet. The two Mediterranean states must now focus on who will lead their new governments through the turmoil of their debt crises.
Britain Sues Europe’s Bank
Britain is taking the European Central Bank to court on Thursday at the European Court of Justice in Luxembourg, the first time a government has taken such an action.