euro crisis

Cyprus Bailout, Bank Run Spook Markets

Markets around the world are lower today after a run on bank deposits in Cyprus over the weekend. That followed a decision by euro-zone officials to tax depositors to help pay for a national bailout. There's concern that the new bank crisis could spread to Italy, Spain and beyond.

Dutch Boy Comes Up With Pizza-Based Euro Solution

An 11-year-old Dutch boy has gone where many of the best economic minds in Europe have feared to tread and proposed a radical solution to the European single currency's problems -- using a pizza as his inspiration.