Thursday, April 11, 2013
Wednesday, June 27, 2012
Monday, October 10, 2011
Thursday, July 21, 2011
On Thursday, the European Council held an emergency meeting to discuss the debt problems that several Eurozone countries—including Italy, Greece, and Portugal—are facing. On today’s Backstory, Iain Begg, Professorial Research Fellow at the European Institute at the London School of Economics, discusses what happened at the meeting and how the continuing economic problems are affecting the entire Eurozone.
Tuesday, November 16, 2010
After Greece's financial bailout by the European Union earlier this year, Ireland and Portugal could be next. Why? In part, because the European Union's economically stronger countries are sometimes obliged to take care of the economically weak, so a feared economic downturn doesn't spread. But when countries like Ireland and Portugal ask for help, there's an immediate problem: Their own interests don't necessarily align with the interests of the countries bailing them out.
Louise Story, Wall Street and finance reporter for The New York Times, has the latest in this potential economic rescue.