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DAVID GREENE, HOST:

And let's turn to the issue that is front and center this election year - the economy. Austerity measures aimed at curing Europe's debt crisis have thrown a number of eurozone countries into recession. The threat of defaults in Greece and even larger countries like Spain have rattled U.S. financial markets, and President Obama recently said that Europe's troubles are casting a shadow over the U.S. economy.

To better understand what the president is talking about, we brought in NPR economics correspondent John Ydstie.

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RENEE MONTAGNE, HOST:

And our last word in business this morning is: litigious days.

(SOUNDBITE OF "HAPPY DAYS" THEME SONG)

MONTAGNE: That, of course, is the theme from "Happy Days," the hit sitcom from the 1970s and '80s. These days, not everyone is so happy. Several cast members from the show are battling with CBS and Paramount, for unpaid royalties.

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DAVID GREENE, HOST:

This is MORNING EDITION, from NPR News. Good morning. I'm David Greene.

RENEE MONTAGNE, HOST:

And I'm Renee Montagne.

Here a couple of the more alarming warnings coming out of the eurozone this week. Greece says it could go broke by July. Spain says it probably can't raise money from investors because they're demanding interest rates that are too high.

Despite all these troubles, one country is still eager to join the eurozone: Latvia. In fact, all three Baltic States remain supportive of the euro.

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DAVID GREENE, HOST:

This is MORNING EDITION from NPR News. I'm David Greene.

RENEE MONTAGNE, HOST:

And I'm Renee Montagne.

Wisconsin's combative Governor Scott Walker has survived an attempt to remove him from office. Labor unions, angry over the Republican governor's successful push to strip them of most collective bargaining rights, had battled Scott Walker and hoped Wisconsin voters would oust him.