Europe's Continuing Debt Crisis

The European debt crisis has engulfed the 17 countries that use the euro and is already having an impact on this side of the Atlantic.

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This story is based on a radio interview. Listen to the full interview.

So, far the steps the European government have taken to resolve the situation have come up a little short.

Anchor Lisa Mullins talks to Rana Foroohar of Time magazine about the prospects for the upcoming year.