Debt Problems

European debt crisis explained

How debt problems in the European Union affect you as the Greek government continues crisis talks on backing another EU rescue plan.

European stocks lower as Greece debt talks drag on

European stock markets closed lower Monday, slipping back after sharp gains made on strong US jobs data last week as investors once again tracked a lack of progress on Greece's debt problems.

Stocks hold up despite debt crises

Global stock markets are showing resilience in the face of the European and United States debt problems and the risks associated with a slowing in China's economy, Craigs Investment Partners director of private wealth research, Cameron Watson says. read more

Emerging Markets Report: Major investors buying emerging-market debt

Behind a blizzard of negative headlines about the developed world’s debt problems, emerging-market bonds in Asia and elsewhere are catching the eye of global investment managers looking not just for yield, but also for stability and sustainable growth.

Stock markets down as Greece talks drag on

The Toronto Stock Exchange lost more ground early Tuesday as concern continued over Greece and its debt problems, and the speed at which China's economy is growing.

Financial problems burden Wintergreen resort

Wintergreen Resort in Nelson County is facing financial troubl due to a mild winter and a default on Wintergreen's line of credit with Bank of America.

EUROPE'S DEBT CRISIS

After wreaking havoc in global financial markets last year, the debt crisis in Europe has entered a complicated new phase in 2012.