U.S. and European stocks bounced back after political leaders in Athens agreed to form a caretaker government for the purpose of holding new elections next month.

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European Stocks Bounce Back

England manager Roy Hodgson names Steven Gerrard as his captain for the European Championship campaign.

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Gerrard is named England captain

PARIS — Newly installed French President Francois Hollande declared Tuesday that he would propose a “new pact” to his European partners emphasizing economic stimulus in addition to the fiscal discipline imposed by Germany. Read full article > >

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Hollande proposes ‘new pact’ for Europe in inaugural address

The latest turmoil could signify a new round of financial instability for Europe and beyond, but could also spark a new phase of bargaining between Greece and its European lenders.

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Greek Turmoil May Spur New Bargaining in Euro Zone

ALBURQUERQUE, Spain— When officials in Madrid slashed support for alternative-energy programs this year as part of the campaign of government austerity sweeping Europe, ripples quickly hit this rural town with the cancellation of plans for a solar energy plant. Read full article > >

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European austerity bites deep into Spain

Women’s European Gymnastics, live coverage of the apparatus finals from Brussels.

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VIDEO: Live – Women’s European Gymnastics

The European Commission’s spring forecasts predict that the eurozone economy will contract by 0.3% in 2012, but grow by 1% next year.

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Eurozone economy ‘to contract’

Ray Isle ( @islewine on Twitter ) is Food & Wine's executive wine editor. We trust his every cork pop and decant – and the man can sniff out a bargain to boot. Take it away, Ray. After an informal survey of the mothers of five or six friends of mine, I have determined that mothers, as a rule, are OK with Chardonnay. Some people might question the scientific legitimacy of this analysis on the grounds that the statistical sample was ridiculously small, and they’d be right. But nevertheless, if you’re going to buy your mother a bottle of wine for Mother’s Day, Chardonnay – the most popular grape in America, by the way – is likely to be a good choice. Moreover, since the variety has been cultivated for nearly 700 years, ever since the Cistercian monks in Burgundy figured out what to do with it, giving her a bottle will allow you to say something endearing like, “Mother, I am giving you this wonderful bottle of Chardonnay because it is from a grape variety even older than you.” She'll be thrilled. Trust me. 2010 Wente Morning Fog Chardonnay ($12) California’s Wente was one of the first, if not the first, US winery to plant a substantial amount of Chardonnay. That was 100 years ago, in 1912, and what’s referred to as the “Wente clone” of the variety now accounts for about 75 percent of the Chardonnay grown in the state. The winery’s Morning Fog bottling, its most affordable Chardonnay, has a crisp, green apple–y character. 2010 Cameron Hughes Lot 320 Arroyo Seco Chardonnay ($12) This Chardonnay is more in the traditional California style than the Wente, above – rich and fairly luscious, with tropical notes like pineapple. But it isn’t an overblown butter bomb, and has plenty of fresh acidity to keep its flavors lively. 2010 Novellum Chardonnay ($13) Surprisingly affordable given how good it is, this creamy, spicy Chardonnay from the south of France is aged mostly in stainless steel rather than oak barrels, which keeps it impressively refreshing despite its substantial richness. 2010 William Fevre Chablis Champs Royaux ($22) Chablis is the region—the northernmost part of Burgundy, in France – and Chardonnay is the only grape allowed in Chablis. (Many European wines are labeled by region, rather than grape variety.) This is classically Chablisienne, to get sort of Gallic about it: floral and citrusy, with a distinctive stony-chalky note. More from Food & Wine America's Best Bars Best Brunch Cities in the U.S. Best Breakfast Sandwiches in the U.S. America's Best Donuts Mother's Day Recipes

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Chardonnay for Mother’s Day

The European Commission said on Friday that Spain was on course to miss its deficit targets for this year and next by wide margins.

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European Union Issues Warning Over Spanish Deficit

There is a quiet realization that American factories need subsidies to survive globally — especially to compete with Asian and European companies that routinely receive government assistance.

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Subsidies Aid Rebirth in U.S. Manufacturing

Greece may have given us the word democracy and many of the principles of civil society. But now it is “the sick man of Europe,” and the people of other European democracies are asking whether it's worth saving with billions more dollars of their money. Put crudely, their argument is this: So what if Greece slides ignominiously out of the eurozone?

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Analysis: Why Greece is worth saving

Older obese men with testosterone deficiency could shift excess weight by taking supplements, suggests a study announced at the European Congress on Obesity.

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Testosterone may help weight loss

Senior judges at the European Court of Human Rights are due to meet to decide whether cleric Abu Qatada can appeal against deportation from the UK.

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Abu Qatada appeal request debated

European and US shares fall on Tuesday as investors worry about Greece’s ability to form a new government.

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Shares fall on Greece uncertainty

Two European elections, in France and Greece, have thrust the radical fringe into the spotlight.

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Far right on the rise in Europe