Ahead of Election, Greeks Brace for Eurozone Exit
Greek savers are pulling their money out of the banks, putting pressure on the Germans to make up the difference.
Southern Europe
Cyprus on the Brink from Greek Eurozone Exit
The Greek Cypriot economy is dangerously intertwined with the mainland.
Greece on the Brink, Risks “Vortex of Self-Destruction”
Greece’s former prime minister predicts further economic contraction if the country exits the euro.
Spain Downgraded, Bank Bailout Expected Soon
Spain is expected to ask its European allies for help to prop up its ailing banks.
Spain Asks European Help to Recapitalize Banks
Finance minister admits that Spain can’t afford to prop up its banking sector on its own.
Spain’s Economic Climate Not Reflecting the Season
Summer is normally the most financially productive time of the year in Spain.
The New G-Pariah States: Welcome to Greece!
A Greek eurozone exit would make it the poster child of what Ian Bremmer has dubbed the “G-zero world.”
Respite for Spain, Fiscal Challenges Remain
Spain is offered an extra year to reduce its budget deficit, a target its autonomous regions are unlikely to meet.
Serbia’s Nikolić Sees “Uncertain” Path to Joining Europe
The nationalist leader made his first foreign trip as president to Moscow.
Africa, Eurasia or the Levant Calling? Greece’s Dilemma
As Greece turns it back on Europe, could it find a place for itself in the Middle East?
Monti Says “Bridge” Divide Between Austerity, Growth
The Italian premier said there could be efforts to stimulate demand but not runaway government spending.
Greek Euro Exit Would Prompt Geopolitical Realignment
Abandoned by Europe, Greece may be tempted to deepen its ties with Israel and Russia.
Greece Edging Closer to Default, Eurozone Exit
Leaving the currency union wouldn’t make things easier for them, but Greeks are increasingly likely to try.
Far Left Risks Greece’s Expulsion from Eurozone
Leftists’ refusal to meet the conditions of Greece’s bailouts puts its future in the euro at risk.
Greece Fails to Put Together New Government
Talks to form a new coalition collapse less than a week after elections.