SPECIAL TOPICEurozone Crisis
What are Special Topics
info

Greece is on the brink of meltdown due to spiraling debt, and the deficit crisis is continentally contagious. Last year, the International Monetary Fund bailed out Greece to the tune of 110 billion euros, contingent on the implementation of strict austerity measures. On the heels of this dramatic action came bailout packages for Ireland and Portugal. And the Greek tragedy is far from over as the debate over whether to accept debt-forgiveness conditions upended the government in Athens. Furthermore, other debt-laden European nations risk going under.

DOWNWARD SPIRAL
Is it time for Europe's core countries to devise a plan B?
WORTH THE PRICE?
Preserving the euro as a single currency comes at a high price
HARD LESSONS
Lessons from Europe's painful budget experience