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Europe’s debt crisis continues Euro zone leaders aim to stem the continent’s debt woes as protesters take to the streets in some countries to show their dissatisfaction with austerity measures.
Nov. 30, 2011
British police officers search a man they apprehended during an anti-austerity march in London. Up to 2 million public employee — including teachers, immigration officials, hospital staff and other civil servants — were staging a 24-hour strike to protest pension reforms and other austerity measures, union organizers said.
Lefteris Pitarakis
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ASSOCIATED PRESS
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Nov. 30, 2011
Students chant slogans during an anti-austerity march in London.
Lefteris Pitarakis
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ASSOCIATED PRESS
Nov. 30, 2011
A metallic barrier-wall was erected by British police to prevent any demonstrators from getting too close to the Houses of Parliament.
Lefteris Pitarakis
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ASSOCIATED PRESS
Nov. 30, 2011
Police guard the entrance to Britain's House of Parliament as public sector workers picket in London. The strikes come against a backdrop of gloomy economic fortunes for Britain, with Finance Minister George Osborne outlining measures Tuesday that for public-sector workers would spell even more pain.
Kirsty Wigglesworth
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ASSOCIATED PRESS
Nov. 30, 2011
Striking public sector workers take part in a march in London. The one-day walkout has been called to oppose government demands that public sector staff work longer before receiving a pension.
Matt Dunham
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ASSOCIATED PRESS
Nov. 30, 2011
Demonstrators pass British police officers during a protest march against pension cuts in London.
Kirsty Wigglesworth
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ASSOCIATED PRESS
A demonstrator in Manchester, England dons a mask.
Jon Super
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ASSOCIATED PRESS
Nov. 29, 2011
Mario Monti, Italy's prime minister, left, speaks with Wolfgang Schaeuble, Germany's finance minister, during a Eurogroup finance ministers meeting at the European Council headquarters in Brussels. Europe's effort to expand its bailout fund is falling short, forcing euro-area finance ministers to consider greater roles for the International Monetary Fund and the European Central Bank to insulate Spain and Italy from the debt crisis.
Jock Fistick
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BLOOMBERG
Nov. 29, 2011
Evangelos Venizelos, Greece's finance minister, left, speaks with Elena Salgado, Spain's finance minister, during a Eurogroup finance ministers meeting at the European Council headquarters in Brussels.
Jock Fistick
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BLOOMBERG
Nov. 28, 2011
President Obama listens as European Commission President Jose Manuel Barroso speaks with the media in the Roosevelt Room of the White House. During a meeting, President Obama pressed European leaders to take bolder steps to resolve the region’s financial crisis. With the euro region veering toward a new recession or, worse, a potential crackup, Obama said the U.S. economy is likely to continue to struggle until that major world trading bloc is healthy and growing.
Haraz N. Ghanbari
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AP
Nov. 23, 2011
A woman walks through an estate built for refugees from the Greek-Turkish war of 1919-22 in Nikaia, southern Athens. Germany insisted that near-bankrupt Greece can receive its next vital batch of bailout loans only if the three parties in the country's interim coalition government commit in writing to a separate international aid package.
Petros Giannakouris
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AP
Nov. 21, 2011
A worker observes as a power shovel pulls down a family house in Aranguren, next to Pamplona, northern Spain. Spain has suffered a long economic crisis with more than five million unemployed, accentuated by excessive construction of buildings.
Alvaro Barrientos
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AP
Nov. 18, 2011
A financial trader works at his computer screens at the Frankfurt Stock Exchange in Germany. European stocks fell for a second day as Germany and France differed over the role of the region's central bank in ending the debt crisis.
Ralph Orlowski
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Bloomberg
Nov. 18, 2011
A classic view of washing hanging between homes in densely populated central Naples. Italy's new prime minister, Mario Monti, and his new cabinet are facing their second vote of confidence to bring in new austerity measures to reduce Italy's dept. Monti has also announced that he is due to meet German Chancellor Angela Merkel and French President Nicholas Sarkozy in the forthcoming week to discuss the euro crisis.
Christopher Furlong
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Getty Images
Nov. 17, 2011
Students march during a demonstration against education cuts at the Sant Jaume square in Barcelona. Spain's economy has 21.5 percent unemployment, posted zero growth in the third quarter and is not expected to improve much next year.
Manu Fernandez
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AP
Nov. 17, 2011
Protesters shout anti-government slogans during a demonstration in Madrid. Some analysts say Spain may be the next euro zone country to require a bailout, following Greece, Ireland and Portugal.
Arturo Rodriguez
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AP
Nov. 17, 2011
Protesters gather in Madrid.
Paul White
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AP
Nov. 17, 2011
Students and police officers clash during a demonstration in Milan. University students in Italy are voicing opposition against budget cuts and a lack of jobs.
Luca Bruno
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AP
Nov. 17, 2011
Students assemble for a demonstration in Milan hours before new Italian Premier Mario Monti was set to reveal his anti-crisis strategy in Parliament.
Luca Bruno
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AP
Nov. 17, 2011
Italian Premier Mario Monti, center, unveils his strategy to stems Italy's debt crisis. Monti formed his government Nov. 16, shunning politicians and turning to fellow professors, bankers and other business figures to fill key cabinet posts.
Andrew Medichini
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AP
Nov. 17, 2011
A student wearing a Guy Fawkes mask stands in front of the Unicredit bank during a demonstration in Milan.
Luca Bruno
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AP
Nov. 17, 2011
A demonstrator speaks on her cellphone as she sits in front of riot police during a protest in Athens.
Petros Giannakouris
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AP
Nov. 17, 2011
A police cordon separates demonstrators from the U.S. Embassy, right, in Athens. Masked youths clashed with riot police outside the embassy and Greece's parliament as about 28,000 austerity-weary Greeks marched in an annual commemoration of a bloody student uprising in the 1970s.
Petros Giannakouris
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AP
Nov. 17, 2011
Protesters in Athens are seen through smoke from a tear gas canister thrown by riot police.
Petros Giannakouris
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AP
Nov. 17, 2011
Communist party-affiliated protesters chant slogans as they march through Athens.
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AP
Nov. 17, 2011
Riot police walk near a burning barricade during clashes with protesters.
Nikolas Giakoumidis
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AP
Nov. 16, 2011
Pensioners and patients protest during the second day of a health workers strike in Bellvitge, Spain.
Manu Fernandez
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AP
Nov. 15, 2011
Greek public sector employees protest against the austerity measures outside the Greek parliament in Athens.
Petros Giannakouris
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AP
Nov. 15, 2011
Italy's Prime Minister-designate Mario Monti meets journalists at the Senate in Rome. Monti says he is ready to present his new government to the president on Wednesday after winning wide backing from political, business and union leaders.
Gregorio Borgia
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AP
Nov. 15, 2011
Monti, left, sits during a meeting with industrialists and union representatives.
Pier Paolo Cito
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AP
Nov. 14, 2011
Greek Prime Minister Lucas Papademos is seen prior to his speech to Greek Parliament. Greece's junior coalition leader Conservative party leader Antonis Samaras defied European demands to provide written support for a massive new debt relief deal, leaving the country's loan lifeline in doubt hours before its new government was to outline its policy platform.
Thanassis Stavrakis
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AP
Nov. 11, 2011
Italian students shout slogans and hold posters during a demonstration in front of the Finance Ministry building in Rome.
Angelo Carconi
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AP
Nov. 11, 2011
Demonstrators gather in Rome. The sign reads, "Italy is a Republic founded on the Spread."
Angelo Carconi
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AP
Nov. 11, 2011
New Greek Prime Minister Lucas Papademos takes the oath of office during a swearing-in ceremony at the presidential palace in Athens.
Thanassis Stavrakis
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AP
Nov. 11, 2011
A display shows the results of a voting session on economic reform measures demanded by the European Union, that should pave the way for Premier Silvio Berlusconi to leave office in a matter of days.
Pier Paolo Cito
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AP
Nov. 10, 2011
Italian Premier Silvio Berlusconi, center, leaves a meeting with his allies in Rome. Berlusconi has pledged to resign after Italy's legislature passes an economic reform bill.
Riccardo De Luca
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AP
Nov. 9, 2011
Journalists take notes as Greek Prime Minister George Papandreou makes a televised announcement to the Greek people. Papandreou said a new interim government will seek to defend Greece's debt deal and the country's place in the euro.
Thanassis Stavrakis
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AP
Nov. 9, 2011
European stocks closed sharply lower as early optimism that the resignation of Italian Prime Minister Silvio Berlusconi would calm the markets disappeared in a wave of panic over Italy's bond market.
Arne Dedert
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Getty Images
Nov. 8, 2011
Greek Prime Minister George Papandreou, sixth from the right, sits with cabinet members during an emergency meeting in Athens about restructuring Greece's government.
Vasilis Filis
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AP
Nov. 8, 2011
Members of the Left Coalition Party of Greece, SYRIZA, hold a banner reading ''End the Governments of Bankers, Austerity is the Problem not the Answer'' at the entrance of the Acropolis. Power-sharing talks between Greece's two main political parties continue as European leaders stepped up the pressure for a quick resolution.
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AP
Nov. 7, 2011
Pedestrians pass the Palazzo Montecitorio, Italy's parliament building, in Rome. With his country on the brink of a full blown debt crisis, Italian Prime Minister Silvio Berlusconi appeared to have lost his majority in the Italian parliament on Nov. 8, ratcheting up pressure on the embattled 75-year old media tycoon to quickly resign.
Alessia Pierdomenico
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Bloomberg
Nov. 7, 2011
German Finance Minister Wolfgang Schaeuble, left, speaks with Spain's Finance Minister Elena Salgado during a meeting of euro-zone finance ministers at the EU Council building in Brussels. The leaders gathered to discuss the possibility of unfreezing bailout loans that had been kept on hold while Greece sorted its political turmoil.
Virginia Mayo
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AP
Nov. 6, 2011
Three journalists reach out to secure a copy of the communiqué issued by Greece's government in Athens. Greece's embattled prime minister and the head of the main opposition party reached an initial agreement for Papandreou to step down and for an interim government to be formed.
Kostas Tsironis
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AP
Nov. 4, 2011
A view inside the Greek parliament during a confidence vote. Greece's ruling Socialist party was in open revolt against its own prime minister ahead of the vote, a political free-for-all set off by the bailout plan.
Petros Giannakouris
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AP
Nov. 4, 2011
Visitors watch the confidence vote inside Greek parliament.
Petros Giannakouris
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AP
Nov. 4, 2011
A protester shouts slogans during a rally outside the parliament in Athens.
Thanassis Stavrakis
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AP
Nov. 4, 2011
Demonstrators in Athens display a flag that is a replica of the 1821 Greek revolution against Ottoman rule.
Thanassis Stavrakis
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AP
Nov. 3, 2011
Protesters chant slogans in front of the Greek Parliament during an anti-austerity protest in Athens.
Kostas Tsironis
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AP
Nov. 3, 2011
Greek Prime Minister George Papandreou talks with the Greek journalists as he takes a break during an emergency meeting at the Greek Parliament. A spokesman for Greece's government says it is prepared to discuss an opposition demand for the creation of a transitional government to approve the latest European bailout deal and secure the next installment of rescue loans for the country.
Thanassis Stavrakis
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AP
Nov. 3, 2011
Mario Draghi, new president of the European Central Bank, is surrounded by photographers before a news conference in Frankfurt. The ECB cut interest rates by a quarter percentage point to boost weakening growth in the struggling euro zone.
Michael Probst
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AP
Nov. 3, 2011
Greek Justice Minister Militiadis Pappaioannou, left, is surrounded by plain-clothes police officers as he views a TV broadcast of a statement by the conservative opposition leader Antonis Samaras before an emergency cabinet meeting at the Greek parliament in Athens. Demands were mounting for Greek Prime Minister George Papandreou to resign.
Thanassis Stavrakis
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AP
Nov. 2, 2011
Men look at a stock exchange board monitor outside a bank in Milan. As market pressures are growing on Italy, the debt crisis's new front, a late-evening Italian cabinet meeting in Rome could bring approval of some of Premier Silvio Berlusconi's proposed anti-crisis measures in the form of a decree law, putting them into effect before the Group of 20 meeting begins Thursday in Cannes, officials in the premier's office said.
Antonio Calanni
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AP
Nov. 2, 2011
Passengers wait for the first buses after a six-hour work stoppage by buses and trolley workers in central Athens.
Thanassis Stavrakis
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AP
Nov. 1, 2011
Protesters dressed as prisoners gather during an event to protest against austerity measures outside the Greek Parliament in Athens. Writing on the clothing reads: "No to new tax card" and "No to global governance."
Thanassis Stavrakis
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AP
Nov. 1, 2011
An Athens pedestrian passes a kiosk displaying newspapers with headlines about the Greek prime minister's unexpected call for a referendum vote on a bailout package. His decision blindsided Greece's European partners and placed another hurdle in the way of efforts to stem the debt crisis.
Kostas Tsironis
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Bloomberg
Nov. 1, 2011
The Acropolis is illuminated in a night view of Athens the same day global markets plunged and Greece's beleaguered Socialist government faced collapse.
Petros Giannakouris
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AP
Nov. 1, 2011
Thousands of protesters converge in Nice, France, to urge the Group of 20 leading economies to focus on spreading global largesse more equitably instead of saving banks and pleasing financial markets.
Lionel Cironneau
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AP
Nov. 1, 2011
A woman passes a screen at the Athens Stock Exchange showing the markets' steep plunge. The drop followed Prime Minister George Papandreou's unexpected decision to put a newly-crafted bailout plan to a referendum vote.
Petros Giannakouris
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AP
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