Europe has officially slipped back into recession. Growth in Germany — widely considered to have a relatively healthy economy — has slowed as well.

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.

Marketplace's Stephen Beard says September is going to hold some big questions. Will the European Central Bank put together its rescue plan? Will Greece get its next chunk of money to allow it to stay in the euro?

In his remarks yesterday, the European Central Bank's Mario Draghi compared the evolution of the euro to that of a bumblebee. Entomologists say that's a confusing metaphor.

The euro crisis has weakened the currency — and strengthened Europe's appeal to American tourists.

As the first batch of bailout funds arrives at Spain's banks, Prime Minister Mariano Rajoy has announced an austerity plan to slash the public deficit. This includes tax hikes and cuts to unemployment benefits.

In Europe, high courts have upheld workers' right to reclaim vacation days marred by illness or injury.

While most experts are still calling a return to the drachma for Greece unlikely, private companies are scenario planning just in case.

Greece continues to struggle through a debt and banking crisis and rumors of a 'Grexit' abound. If the country does leave the euro, how will it roll out the drachma, and what are the costs?