March 17, 2013 President Nicos Anastassiades went on television to say he was working to amend parts of the bailout deal struck with negotiators from eurozone countries and the IMF. The deal would levy taxes on all bank deposits, the first time the eurozone has dipped into people's savings to pay for a bailout.
October 10, 2012 For the first time, the Red Cross in Spain is looking to raise money so that it can get food to those who are suffering most because of the country's financial crisis. For decades, the organization has focused on helping starving people elsewhere.
September 3, 2012 European leaders have vowed to keep the eurozone intact, but U.S. companies are making contingency plans in case Greece is forced to leave the currency union. Bank of America Merrill Lynch, for instance, has looked into moving cash into Greece so clients can continue to pay local employees.
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.
December 16, 2011 The news comes after Ireland posted disappointing GDP numbers and further pressures the European Union to take definitive action on its sovereign debt crisis.