With a $172 billion bailout in place, Greeks' futures are looking austere.

Just ahead of another meeting of European finance ministers in Brussels, Greece announces that they have agreed to the austerity cuts that would allow them to receive a much-needed $173 billion bailout.

Packed, town hall-style meetings have sprung up all across Ireland over the past several weeks.

Greece was on deadline to deliver a cost-cutting plan to the IMF and EU last week, this past weekend and today. Now, the deadline has been extended. When might the country default?

Negotiations with private sector creditors are going well, but Greek officials are struggling over terms for a second bailout from the IMF and the EU

Greek financial woes were front and center at EU headquarters in Brussels today.

A graph of the stock market in 2011 looks like a contour map of Death Valley glued to the Himalayas. Despite huge swings, the S&P 500 index ended the year remarkably close to where it began.

A vote today in Italy passes a round of austerity measures suggested by newly appointed Prime Minister Mario Monti. But is it enough to make a dent in the problem?

Most of the leaders of Europe agreed to a deal on Friday to help solve the crisis there. But will austerity measures also stunt growth?