France Boosts Taxes on Wealthy and Large Companies
President Francois Hollande’s 2013 budget for France relies on tax increases on the wealthy and on large companies to help cut the country’s deficit, rather than spending cuts.
Draghi, With Credibility at Stake, Ups Ante in Debt Fight
ECB President Mario Draghi is upping the ante after saying last week he would do "whatever it takes" to preserve the euro.
Spain Accepts Bailout
Spain accepted a bailout Saturday for its financial sector, and Italy stepped up into the spotlight over concerns that it may be the next country to request aid.
Greek Mandate Still Unfulfilled
Four days after Greek elections that left five anti-bailout parties seated in Parliament, a ruling coalition still has not emerged.
Greek-German Relations Strained in Debt Negotiations
Germany's get-tough attitude toward Greece, echoed by Austria, Finland and the Netherlands, has angered Greek officials who say they have done everything they were asked to do in order to be granted a second bailout by the troika of the European Union, International Monetary Fund and European Central Bank.