Crisis Deepens; Chaos Grips Greece

The Wall Street Journal May 6, 2010 ATHENS—Greece’s fiscal crisis took a new turn to violence Wednesday when three people died in a firebomb attack amid a paralyzing national strike, while governments from Spain to the U.S. took steps to prevent the widening financial damage from hitting their own economies. more

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Merkel plea to save Europe as contagion hits Iberia

The Telegraph May 5, 2010 Europe’s debt markets are flashing danger signals after spreads on Iberian debt reached the highest level since the launch of the euro and investors rushed for safety into German notes, prompting warnings from German Chancellor Angela Merkel that the European Project itself is at risk. more

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