Greece is continuing its struggle against debt that is threatening the entire eurozone economy. U.S. and European stocks fell amid concern that Greece will not be able to meet its budget deficit targets. We offer a wrap-up of online commentary.
All Posts Tagged With: "Eurozone"
Lawmakers in Portugal today defeated a plan to cut government spending, adding to fears that financial crisis will spread across the region. Daljit Dhaliwal spoke with Marcus Mabry, international business editor of The New York Times, about a potential European financial meltdown.
In the 16 countries that use the euro as their currency, the jobless rate has hit 10 percent for the first time since the single currency was introduced ten years ago. Roben Farzad, a senior writer for Bloomberg's BusinessWeek, joins Daljit Dhaliwal to discuss the gloomy economic news.