Riskier than Most Realized How the Crisis Is Hitting Europe

Its economy harbored far more risk than most people realized, and businesses are more in hock than their US counterparts. Now Europe's fate may depend on events outside its borders.
Von Jack Ewing
With Carol Matlack and Tiffany Stecker in Paris, Kerry Capell and Mark Scott in London, Jason Bush in Riga, and Bogdan Turek in Warsaw. Ewing is BusinessWeek's European regional editor.