World Mar 19

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Ireland: Is the Worst Over?

Unfinished homes sit empty on an abandoned housing development in Keshcarrigan, Ireland. Photo by Aidan Crawley/Bloomberg. Ireland was once one of the poorest countries in Western Europe. Then it went on a tear, became "The Celtic Tiger," and was…

World Nov 14

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Austerity Protests Grip Europe

Transportation in parts of Europe was at a standstill Wednesday as strikers forced the cancellation of hundreds of flights and many train routes in Spain and Portugal. Demonstrators railed against government cuts in major cities across the…

World Sep 11

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Upcoming Votes Test European Debt Crisis Response

A worker in Utrecht, the Netherlands, hangs a poster of one of the parties taking part in Wednesday's Dutch parliamentary elections. Photo by Jasper Juinen/Getty Images. Updated on Sept. 12: Germany's Federal Constitutional Court on Wednesday gave the green…

Economy Jan 26

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Could Greece Fire Off a Global Credit Freeze?

Pedestrians pass an entrance to the Greek finance ministry in Athens. European stocks declined from a five-month high as the region's finance ministers failed to agree on a debt-swap deal for Greece and called for a greater contribution from…

The European Central Bank's new headquarters, still under construction, right, are seen alongside other buildings within the city, across from the River Main in Frankfurt, Germany. Photo by Hannelore Foerster/Bloomberg via Getty Images. Some might be expecting comment on…

German Chancellor Angela Merkel welcomes French President Nicolas Sarkozy Monday at the Chancellery in Berlin. The two leaders discussed the ongoing Eurozone debt crisis. Photo by Sean Gallup/Getty Images. Paul Solman answers questions from NewsHour viewers and web users…

Trader at the Frankfurt Stock Exchange in Germany. Photo by Ralph Orlowski/Getty Images. The U.S. markets lie as still today as the birds on America's platters, but the same cannot be said for fluttering Europe, or anywhere else…

With the eurozone in such obvious economic turmoil, we turn to former chief IMF economist and longtime friend and favorite of Making Sen$e, Simon Johnson (Peterson Institute, MIT). We asked him a series of pressing questions: Paul Solman:…

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