Eurozone

Leaders usually like to start the year with optimism, but Angela Merkel and others are finding it hard to see the bright side to the current situation in Europe.

In the New Year, financial experts will keep a close watch on both the eurozone and China, and their impact on the global economy.

With apologies to Walt Whitman, the Wall Street Poet considers the euro in verse, circa 2002 and the present day.

Britain was the only EU member not to agree to the new treaty signed last week. How will that affect relations going forward?

Twenty-six of 27 European Union leaders will pursue strict budget rules. But austerity may not be the best prescription for Europe's debt crisis.

European leaders met for yet another time, this time striking a deal that would allow the European Commission to oversee budgets and fine countries for getting into too much debt. But it won't solve the major eurozone issues.

European leaders gather in Brussels to discuss closer fiscal union and try to save the euro, but EU lawmakers are divided on the way forward.

German Chancellor Angela Merkel and French President Nicolas Sarkozy lay out their plan for stricter budget controls for eurozone nations in an open letter to European Council President Herman Van Rompuy.

France and Germany are finally on the same page, both saying they want to modify the treaty that originally created the eurozone. A key element automatically penalizes countries if budget deficits run too high. Hence, the world of the day: Automaticity.