Central banks from around the world have reached a deal that they hope will increase liquidity and avoid global recession.

The planned liquidity injection might not solve all the problems in Europe, but it shows that central banks are getting serious.

The Federal Reserve and other central banks announced today they were teaming up to increase liquidity in the global economy. What does this mean, and will it actually help the European debt crisis?

The debt crisis in Europe is having a profound effect on banks there, and their ability to lend.

What will happen to the global economy if the eurozone breaks up? A new book considers the options.

Last week marked more bad news for economies across Europe, including Germany. If more countries follow suit this week, the crisis could reach its threshold

If the 17-member eurozone did break up — either because of bond market pressure or irreconcilable differences — what would the divorce look like?

One idea that's emerging this morning is to create a fiscal union between countries to enforce tighter budgets across Europe.

Eurozone countries are under pressure to consolidate their fiscal policies as a way to resolve their current debt crisis.