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.
Merkel Thwarted on Debt Buyback by Parliament
Angela Merkel, chancellor of Germany, finds herself in a tight spot. She was put there by her own government as members of parliament in the ruling coalition on Wednesday passed a nonbinding resolution opposing the repurchase of debt by the European Stabilization Mechanism when that vehicle replaces the existing euro...