September 20, 2012 Cecilia Giménez turned her Spanish church's 19-century work of art into something that looks more like a werewolf than Jesus Christ. But tourists have come to see it and the church as been collecting more money. Should she get a piece of the action?
June 29, 2012 At a summit in Brussels, leaders agreed to steps that were more bold than expected. A key part of the plan: Loans from a bailout fund will go directly to troubled banks in Spain. So the Spanish government won't pile up more debt.
June 19, 2012 Investors are demanding sharply higher rates. That's adding to the pressure on world leaders to do more to get Europe's financial crisis under control.
June 18, 2012 Every time, there's the possibility of disaster if things don't go well. If things do go well, it means only that the disaster is postponed.
June 13, 2012 It's not just money. Germany fears a lack of control. German leaders think if they intertwine themselves more closely with the rest of Europe — without having some control over the actions of other countries — they will once again be on the hook for bailing out their neighbors.
June 11, 2012 The money Spain is borrowing will likely be the first money it has to pay back. That may make other international lenders even more wary of lending money to Spain.
June 10, 2012 Spain's boring, safe, small banks went wild. Now the bill has come due.
June 9, 2012 Spanish and euro zone officials announced their intentions after a three-hour emergency conference call on Saturday. If they make good on it, Spain will be the fourth – and largest — member of the 17-nation euro zone to receive outside help as Europe's debt crisis marches on.
June 8, 2012 One day after seeing its sovereign debt downgraded to just above junk status, Spain is dealing with reports that it's about to ask the other eurozone nations to help rescue its beleaguered banks.
May 30, 2012 As Spain's borrowing costs continue to go through the roof, the European Commission proposes a "banking union" for the 17-country eurozone. The plan would include a fund to protect individual governments from being overwhelmed by the cost of bank rescues.
May 14, 2012 Txokos are bustling, food-centered social clubs, somewhere between dinner party and fraternal lodge. And Basques often point to txokos to explain their renowned cuisine and wealth of Michelin-starred restaurants like Arzak and Mugaritz.