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2 Views of Angela Merkel’s Legacy: Stoic Leadership, and Economic Malpractice

Rodrigo Rato, Ex-Chief of Spain’s Bankia, Loses Bid to Avoid Prison

Italy’s Debt Rating Is Cut to One Level Above Junk

Greece’s Bailout Is Ending. The Pain Is Far From Over.

Europe Says Greece Is a Comeback Story. The I.M.F. Isn’t Convinced.

Portugal Dared to Cast Aside Austerity. It’s Having a Major Revival.

Wall Street’s Summer Calm May Depend on Selective Vision

Betting on Crisis, Hedge Funds Short Italian Bonds

Global Regulators Agree on Rules to Prevent Financial Crises

Eurogroup, Looking Past Period of Crisis, Picks New Leader From Portugal

Greece, Looking to Move Past Bailouts, Unveils Ambitious Budget

Greece Offers Bond Swap in a Charge Toward Financial Freedom

As European Central Bank Eases Emergency Measures, Risks May Lurk

Wolfgang Schäuble, Architect of Austerity, Is Out as Germany’s Finance Minister

In Sign of Progress for Greece, Investors Eagerly Snap Up New Bonds

Greece Looks to Turn a Corner After Years of Economic Pain

E.U. Commission Approves Billions in Aid for 2 Italian Banks

E.U. Reaches €8.5 Billion Debt Deal for Greece

Balancing Politics and Pragmatism in Irish Bank I.P.O.

Fewer Children in Greece May Add to Its Financial Crisis