The southern European countries hit hardest by the sovereign debt crisis now drive economic growth on the continent.

The IMF is right to warn that some countries will need to rethink aspects of their welfare systems to stabilise their debt. The challenge is to convince voters before bond markets force their hand ...

As I write, Europe's leaders are still meeting in Brussels, wrestling for the nth time with a debt-restructuring scheme for Greece and, much more important, a plan to address the wider European ...

Brother can you spare a Euro (Photo: Cathal McNaughton/REUTERS) Let’s just be blunt: The Eurozone’s bailout program has failed. It’s not solving the underlying causes of the European debt crisis; it ...

The European debt crisis of the early 2010s created an image of a continent cleaved in two: The fiscally responsible core countries led by Germany versus the spendthrift southern periphery of Portugal ...

A common currency is a wise and important component of European integration and economic vitality. The euro was set up presciently, but its evolution in a sequence of crises now leaves it in a ...

After three days of bad news about Europe's debt crisis sent Asian and European markets down Monday, it was Wall Street's turn. The Dow Jones industrial average fell as many as 180 points before ...

Yields on Italian 10-year bonds jumped on the news. They are still well below the more dangerous levels reached over the summer, but the negative reaction from investors to Monti’s decision tells us ...

BERLIN -- Hours after the German parliament signed off on a deal to expand the powers of a bailout fund for Greece and other struggling euro-zone nations, European leaders arriving in Brussels said ...

Stocks soared on Monday after the leaders of France and Germany agreed to finalize a deal by the end of October to solve the debt crisis plaguing Europe. A little reassurance from Nicolas Sarkozy and ...

The European Union has already bailed out Greece and Ireland. Now, after Portuguese Prime Minister Jose Socrates offered his resignation on Wednesday following parliament's rejection of his deficit- ...