Eurozone

Hong Kong Chief Executive Carrie Lam is shown walking into a room and holding a blue folder.

Hong Kong election postponed for one year; Eurozone economy down more than 12%; Isaias now a hurricane heading toward Bahamas

Top of The World

Beijing-backed Hong Kong leader Carrie Lam has announced the upcoming parliamentary elections for September will be delayed a year. And, the coronavirus pandemic has had a blistering impact on the 19-country eurozone economy, which shrank more than 12% in the last quarter. Also, the US National Hurricane Center says Storm Isaias has strengthened into a hurricane near the Bahamas, prompting widespread concerns amid the coronavirus crisis.

Several  people are shown walking past a white electronic display and wearing jackets and face masks.

Coronavirus shock and oil price fall pummel world stocks

COVID-19
An agricultural worker holds a handful of Greek grapes

How a German wine seller ended up in Greece — and why he’s optimistic about unity in Europe

Business
Alexis Tsipras, leader of Greece's far-left Syriza party smiles during a meeting with Greek President Karolos Papoulias (not pictured) at the Presidential palace in Athens November 3, 2014.

Why Europe is suddenly rediscovering Greece’s financial instability

Economics
The door on the side of All Saints' Church in Wittenberg, Germany. In 1517, Martin Luther nailed his 95 Theses here sparking the Reformation. The original door was destroyed in a fire, but this black bronze door marks the historical spot.

Did Martin Luther’s reformation 500 years ago leave its mark on today’s eurozone budget crisis?

European leaders converge on Brussels in an effort to resolve crisis

France and Germany are trying to spur their fellow European leaders to make bold changes to European treaties in order to get economic stability in the eurozone.

As the euro twists in the wind, so does a sense of European identity

Global Politics

As critics pound the euro as the source of their economic problems, and others worry about how its loss could be devastating, many say that the loss of the euro would have another profound effect: a major erosion of the still developing sense of European identity.

Italy moves closer to bringing in new government

Global Politics

Silvio Berlusconi is a step closer to leaving office after the Senate approved a package of austerity measures. It’s now headed to the lower house. That progress has sent stock markets higher.

Europe gets behind unified plan to try to solve Euro crisis

With the European Union agreeing to a plan to bolster the EuroZone and hopefully avoid massive economic meltdown, question turns to what does this deal really mean?

Keeping the Greek economy from sinking the eurozone

Many in financial markets are already assuming that Greece is going to default on its loans, but there is growing opposition to any more bailouts.