Greek bailout wards off disaster _ for now

Greek bailout wards off disaster _ for now

BRUSSELS (AP) — A second, €130 billion ($172 billion) bailout and a deep debt write-off for financially stricken Greece will ward off a financial disaster in Europe.

Economists, however, only give the deal a slim chance of putting the country

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Eurozone has one foot in recession

Eurozone has one foot in recession

LONDON (AP) — The 17-nation eurozone has one foot in recession, according to official figures showing the economy contracted 0.3 percent in the final three months of 2011 from the previous quarter, a clear sign that Europe’s debt crisis has

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