NPR 2011-12-06

President Obama is delivering a stern warning to Congress to extend the payroll tax cut before it expires at year's end, saying failure to do so would mean average families will see their taxes increased by $1,000. At the White House today Mr. Obama

NPR 2011-09-15

The major US stock indexes were all up more than 2% at one point on news of positive development from today's debt crisis emergency talks. Among the heads of France, Germany and Greece, the subject of the teleconference. As Eleanor Beardsley reports,

Eurozone Gives Final OK for Greek Bailout

After months of negotiations with its European neighbors, Greece has secured final approval of a new $170 billion bailout, the country's second rescue package in two years. Luxembourg Prime Minister Jean-Claude Juncker said Wednesday the first instal

Doubts Grow Over Austerity for Greece

With the European Union demanding more spending cuts from Greece in return for billions of dollars in bailout funds, doubts are growing over whether more austerity is the right solution for Athens. Some analysts and politicians suggest that a once wo

财政部长警告 希腊经济可能在2周内崩溃

Greece's finance minister says his country's financial situation is terribly urgent and the crisis could come to a head in a couple of weeks. 希腊财政部长表示，国家财政状况万分紧急，危机可能在2周后发生。 Yanis Varoufakis

Euro Losing Strength Against the Dollar

The euro has lost 5.1 percent versus the dollar over the past month. And a spate of poor eurozone economic data Friday further eroded its value, signaling a grim economic outlook for the European economy in 2012. At 13 years old, the euro is barely a

No Agreement on Greece by Eurozone Ministers

Eurozone finance ministers are again telling Greece that the next vital loan installment is only payable when the Greek parliament passes economic reforms. The ministers ended their meeting early Monday in Luxembourg with no final agreement on the ne

EU Leaders Agree on Second Bailout for Greece

Stock markets rallied Friday after European Union leaders agreed on a new bailout for Greece, provided that Athens commits to more austerity measures. But the Greek deal fails to address fundamental problems threatening the future of the 17-member eu

EU leaders hold broad talks on growth

BRUSSELS, March 14 (Xinhua) -- Top leaders of the European Union (EU) Thursday held broad talks on growth without making concrete decisions on the first day of the two-day spring summit in Brussels, against the backdrop of easing market pressure but

Europe Scrambles to Contain Debt Problems

French, German and Greek leaders are scheduled to hold a conference call Wednesday on how to contain Europe's deepening financial crisis that also is triggering alarm in other continents. The call by leaders of Europe's two largest economies - France

S&P Downgrades French Credit Rating

Standard Poor's Friday downgraded the credit ratings of nine European countries caught up in the eurozone crisis. This includes France, which has Europe's second-largest economy. SP's downgrade of France's credit rating has been expected for weeks. F

Leading Economists Offer Their Forecasts for 2012

After a tough year in which the global economy faced one headwind after another, U.S. economists are weighing in on what is in store for 2012. When it comes to the U.S. budget, unemployment and the crisis in Europe - many believe 2012 will bring more

New Eurozone Focus: Spain's Debt, Economy

The debt-ridden Spanish government and the country's troubled economy are the newest face of the European debt crisis. Stock markets across Asia, Europe and the United States plunged on Monday on fears that Madrid will need an international bailout a

Russia Pledges $10 Billion in Eurozone Aid

Russia says it is ready to commit more than $10 billion to the International Monetary Fund to help support the struggling eurozone economy. President Dmitry Medvedev made the pledge Thursday in Brussels during the biannual EU-Russia summit. We will a

欧元区8月经济稳步增长 德国经济增速相对放缓

The 19-country eurozone lost some economic momentum in August, largely because of a slowdown in Germany, a closely watched survey showed, days ahead of another possible stimulus package from the European Central Bank. 一份密切关注欧元区的调查

Italy Faces Credit Rating Cut

A major financial services company says that Italy faces a significant chance of having its credit rating cut soon, but that it has no plans to downgrade France's top credit standing. Fitch Ratings said Tuesday it is confident that the 17-nation Euro

EU Leaders Focus on Jobs, Economic Growth

European Union leaders granted Serbia candidate status at a two-day summit that ends Friday focusing on jobs and the economy in the region. The Brussels summit has been a relatively low-key event compared to last year's crisis meetings aimed at stemm

EU Leaders Pledge New Economic Integration

Key European leaders pledged at a meeting with U.S. President Barack Obama Monday that they will push for closer economic integration of the 17-nation eurozone to help resolve the continent's burgeoning debt crisis. European Council President Herman

G8 Summit Ends with Consensus on Eurozone Reforms

WHITE HOUSE - U.S. President Barack Obama says the leaders of the worlds biggest economies are beginning to agree that more jobs and more growth will help reverse Europes economic crisis. The president spoke Saturday at the end of the Group of Eight

欧盟官员：塞浦路斯，贷款人达成救助协议

European Union officials say Cyprus has reached a bailout deal with international lenders that will see the country's second biggest bank shut down. Agreement was reached early Monday at last-minute talks in Brussels with the European Union, European