EU backs extra Greek budget cuts

Portugal’s Debt Efforts May Be a Warning for Greece
By the broadest measure of a country’s ability to repay its debts, Portugal is going deeper into the hole, because its economy is shrinking.

Eurozone economy grows by modest 0.2 percent in Q1
Official figures show that the economy of the 16 countries that use the euro grew modestly during the first quarter of the year, despite a further big drop in output in debt-laden Greece.

Germany Now Says I.M.F. Should Rescue Greece
Berlin’s switch and doubts about promised budget cuts from Athens make it more likely that the I.M.F. will be tapped to prop up Greece’s economy.

The Trillion Dollar Meltdown: Easy Money, High...
We are living in the most reckless financial environment in recent history. Arcane credit derivative bets are now well into the tens of trillions. According to Charles R. Morris, the...

The End of Prosperity: How Higher Taxes Will Doom the...
Arthur Laffer -- the father of supply-side economics and a member of President Reagan's Economic Policy Advisory Board -- joins economist Stephen Moore of The Wall Street Journal editorial...