Europe

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FORTUNE — There is so much turmoil in Europe right now, it's hard to know where to focus.

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Dominique Moisi, senior adviser at IFRI, the French Institute for International Relations.

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French President Nicolas Sarkozy during a UMP presidential support meeting in Marseille, France on Feb. 19, 2012.  (Patrick Aventurier/Getty Images)

 

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Ford's loss in Europe brings into relief concerns voiced at this month's Detroit motor show, where the debt crisis cast a shadow over an industry rebounding from recession.  (Photo: ANDREW ENGLISH)

 

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Unicredit is raising capital for the third time since the 2008 banking crisis.  (Photograph: Thierry Roge/Reuters)

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