Europe's debt fix falters, rattling financial markets

Monday, April 23, 2012 | 6:36 p.m. CDT; updated 7:06 p.m. CDT, Monday, April 23, 2012

FRANKFURT, Germany — Europe's plan to fix its debt crisis by imposing budget cuts frayed Monday. Heavy selling rocked financial markets, uncertainty gripped two governments, and the economic outlook darkened across the continent.