The European debt crisis of the early 2010s created an image of a continent cleaved in two: The fiscally responsible core countries led by Germany versus the spendthrift southern periphery of Portugal ...

The European Union has already bailed out Greece and Ireland. Now, after Portuguese Prime Minister Jose Socrates offered his resignation on Wednesday following parliament's rejection of his deficit- ...

Brother can you spare a Euro (Photo: Cathal McNaughton/REUTERS) Let’s just be blunt: The Eurozone’s bailout program has failed. It’s not solving the underlying causes of the European debt crisis; it ...

Europe’s facing a financial reckoning that could make the 2010 debt crisis look like a warm-up act. The International Monetary Fund (IMF) just dropped a bombshell warning that several EU countries are ...