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The article discusses delay on the part of European leaders in formulating a plan to decisively address a debt crisis in Europe. Some believe a restructuring of Greece's debt will require substantial writedowns, an option the European Central Bank has been resistant to. How to protect Italy and Spain from financial distress ins another issue that must be dealt with.

The article argues that leaders un Europe must do more to address a debt crisis there. It is noted that an August 2011 meeting between German chancellor Angela Merkel and French president Nicolas Sarkozy produced little of substance. In the author's view the European Financial Stability Facility needs to be expanded to one trillion euros or more. Further restructuring of Greek debt is also advised.

The article discusses the European sovereign-debt crisis. Particular focus is given to the European Financial Stability Facility (EFSF), a financial resource backed and organized by euro-area states which has provided emergency lending support to Ireland and Portugal. Details related to other possible uses of EFSF resources are presented. Topics discussed include private holders of Greece's public debt, the European Central Bank (ECB), and the Greek debt crisis.

The article presents a brief history of a European debt crisis. Although some European nations including Greece have lived beyond their means, the author maintains that the core cause of the crisis was a high levels of sovereign indebtedness when the global financial crisis of 2008-2009 struck. The key role of Germany in addressing the crisis is commented upon.

The article focuses on the political repercussions of Greek prime minister George Papandreou's call for a referendum on a debt deal that is intended to stop the ongoing European debt crisis in 2011. It states that French President Nicolas Sarkozy has said Greece will not receive any money from the European Union until uncertainty on the debt deal is cleared up. It suggests that only the European Central Bank can finance vulnerable but solvent large debtors such as Italy and Spain.

The article draws parallels between a debt crisis in Greece and the precarious state of investment bank Lehman Brothers in 2008. The author notes that the U.S. government's decision to let Lehman fail undermined confidence in the banking system, and cautions that European regulators need to avoid making a similar mistake regarding Greece.

The author's opinion regarding the July 21, 2011, emergency meeting of euro-zone leaders on the topic of European economic crisis is presented. According to the author, the summit did not do enough to lighten the debt burden of Greece. The author also states that despite the efforts of European political leaders to improve the euro, European integration lacks a democratic mandate.

The article discusses financial crises related to the euro. According to the author, the difficulties of the situation have as much to do with politics as economics. Particular focus is given to an October 2010 summit of European leaders including European Central Bank (ECB) President Jean-Claude Trichet, German Chancellor Angela Merkel, and French President Nicolas Sarkozy. Topics discussed include public debt, the euro area, and the role of private creditors in resolving financial crises.

The article provides information on the economic crisis facing Greece in the summer of 2011. Topics include information about the possibility of a Greek debt default, the pressure placed on Europe to piece together a second financial bail-out package for Greece, and the involvement and investment the banking system has in the Greek recovery.

The article discusses a credit crisis in Greece. Its deteriorating credit rating make it unlikely Greece will be able to access credit markets in 2012. The author notes that with little willingness on the part of European policymakers for either debt forgiveness or an extension of debt maturities, one possible temporary solution would be for Greece's creditors to agree to roll over securities when they become due.