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Prime Minister George Papandreou has vowed to stay on and fight to pull his country out of a crippling debt crisis, facing down a revolt in his Socialist party over new but widely unpopular austerity measures....
Portugal launched talks on Tuesday with European authorities and the IMF on a bailout the caretaker government said it needs to pay the country's dues from June, as politicians jostled ahead of a general election.
Ireland's parliament approved a multi-billion euro EU/IMF bailout package on Wednesday in the face of opposition threats to renegotiate the deal to force losses on some senior bondholders in Irish banks.
Wall Street tumbled Tuesday, with the Dow down over 200 points, following new worries about rising inflation in Asia and the possibility Ireland might need a bailout.
Senh: In the U.S., we bailout banks. In Europe, they bailout countries.