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

http://money.cnn.com/video/news/2012/01/09/n_imf_lagarde_eurozone.cnnmoney/

The disaster off the Italian coast: Article and photo gallery

http://www.spiegel.de/international/europe/0,1518,809101,00.html

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