Yesterday, the Greek parliament pushed through an extensive package of cuts and tax increases — its most aggressive austerity budget so far — in order to receive their next bailout payment.

Greece approves its 2013 austerity budget, making it eligible for a third round of bailout loans.

European finance ministers are meeting today in Brussels to decide whether Greece will receive its next scheduled bailout payment of $40 billion.

The European Central Bank says it's going to issue new currency notes next year. The new notes, redesigned to improve security, will feature images from Greek mythology.

The storm clouds are gathering over the European economy. The European Commission says the economy in the European Union will shrink this year and that next year it will only barely grow.

A lack of jobs has not convinced many immigrants who came to Spain during better times to leave.

Workers are back on strike this morning in Greece, where the government is scheduled to vote on a new round of austerity cuts this week.

For months now, Spain has been bracing itself for a bailout. While the country waits, the government has already made many of the deep budget cuts that typically come with bailouts.

European leaders meet in Brussels today for a summit on whether to enact a banking union across the EU and check in on beleaguered Greece.

What are Greeks thinking about after a visit from Germany's Chancellor Merkel? Anger, frustration — and some merriment.