Eurozone's Debt | featured news

(Image from article: "A Small Country — Finland — Casts Doubt on Aid for Greece")

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Obama and Merkel vow action on global economic woes

U.S. President Barack Obama and German Chancellor Angela Merkel discussed the eurozone crisis and financial-market turbulence on Saturday and vowed action to bolster the global economy, the White House said in a statement.

U.S. Stocks Sink on Economic Fears

Alcoa and General Electric slid amid concerns about global growth following sluggish fourth-quarter economic growth in the euro zone and a move by China to tighten lending.

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G7 talk on Greece fails to soothe investors, euro dips

The euro and growth-linked currencies fell Monday as investors unwound risky trades amid growing worries about eurozone's debt problems, dismissing assurances from European finance ministers at the weekend.

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