Eurozone

Spain defends bank rescue as borrowing costs rise

Spanish Prime Minister Mariano Rajoy defended his government's attempts to shore up the country's hurting financial sector, saying the nation's banks wouldn't be in... Read more »

June 13, 2012

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Don't think Germany can save the rest of Europe

There's a yawning gap between the rhetoric and the reality of what Germany might do to save Europe. Merkel is understandably reluctant to make large commitments to pay... Read more »

June 12, 2012

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Rescue loans for Spain's banks buys Europe time

A $125 billion plan to rescue Spain's banks won't solve Europe's debt crisis or ease the pain of double-digit unemployment across the continent. Read more »

June 10, 2012

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