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Euro Crisis


A giant euro banner hangs on the side of the EU headquarters.

Photographer: Jock Fistick/Bloomberg

A giant euro banner hangs on the side of the EU headquarters.

Europe Back From the Precipice?

As EU leaders gather for a summit this afternoon in Brussels, people are asking if Europe is stepping back from the precipice and moving into a more chronic phase of the debt crisis. My response is not yet, but we...

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New Italian Prime Minister Mario Monti with his German counterpart, Angela Merkel.

Markus Schreiber/AP

New Italian Prime Minister Mario Monti with his German counterpart, Angela Merkel.

Italy’s Mood Is Pro-Europe, For Now

Italian Prime Minister Mario Monti told Germany’s Die Welt newspaper there will be protests against Germany and the European Central Bank in Italy unless its citizens can see concrete advantages to the spending cuts and reforms his government is implementing....

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