Eurozone Slumps Further as Fidelity Predicts Bailouts for Spain, Italy
Despite the formation of a new government in Greece and a rescue for the banking sector in Spain, it looks as if a long, hot summer is in store for the eurozone.
Merkel Backs Rights Activist for President of Germany
German Chancellor Angela Merkel has agreed to support former East German rights activist Joachim Gauck to replace Christian Wulff as president of Germany.
German President Resigns Amid Scandal
Christian Wulff, president of Germany, abruptly quit his post in the midst of an escalating financial scandal, complicating the job of Chancellor Angela Merkel in negotiations over the eurozone debt crisis. Wulff may face charges of corruption as investigators seek to eliminate the immunity conferred by his office to probe...