All Europe: Greece Moves Toward Bankruptcy. 9 European Nations Downgraded by S&P. Sinking off Italian Coast

Growing Worries in Athens: A Greek Default Would Hit the ECB Hard – SPIEGEL ONLINE – News – International.

Creditors, banks, and the Greek government failed to reach an agreement on a 50% controlled loss.

IMF Director Christine Lagarde gives a historic, and optimistic, perspective on the euro crisis – Video

The disaster off the Italian coast: Article and photo gallery,1518,809101,00.html