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Will Greece be able to meet the criteria of the Stability and Growth Pact and reduce its annual budget deficit below 3% of GDP by 2012?
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Europe
Anti-austerity protests in Greece turn violent
Younger demonstrators clashed with police in Athens on Thursday, as they protested against government austerity measures designed to lower the budget deficit. At least a million Greeks took part in a general strike.
Video
Europe
Turkey outraged as Sweden labels Armenian massacre 'genocide'
The Swedish parliament has adopted a resolution calling the slaughter of more than a million Armenians by the Ottomans an act of genocide. Turkey has recalled its ambassador and cancelled an upcoming bilateral summit.
Business
Europe confronts US on derivative trading
European leaders are pushing for a ban on speculative trading, which they believe has pushed up the borrowing costs of financially-troubled Greece. But without US support, experts say, the proposed ban could lack teeth.