Spain minister reassures on bank recapitalization
Says money needed to prop up Spain's troubled banking sector is not as excessively high as some have speculated; repeats call for a European banking union
Europe in Crisis
World stock markets fall as Europe worries rise
U.S. officials have said Washington expects more action to strengthen the European banking system in the next two weeks before the G20 meeting
Portugal passes latest bailout test
Country has stuck with its agreed program of austerity measures, featuring pay cuts and tax hikes, and broad economic reforms
Cyprus preparing for possible Greek euro exit
Cyprus' president says he has tasked officials to draw up plans on how the country would deal with Greece's possible exit from the eurozone
Eurozone mired in record unemployment
The April jobless rate across the 17 countries in the currency union was 11 percent, its highest level ever
Irish voters back EU deficit treaty
Referendum on the European Union's deficit-fighting treaty passes with a resounding 60.3 percent "yes" vote
Spain bond yields rise as minister warns on euro
Bond yields - a measure of investor confidence in a country's debt - were also very high in Italy, which has big debts and is in recession
Greek radical left seeks vote to cancel bailout
Alexis Tsipras vows Friday to cancel Greece's international bailout agreement if he wins an upcoming repeat ballot
Eurozone inflation falls more than expected in May
Annual consumer price increases slow to a 15-month low of 2.4 percent; lower energy prices, weak economic activity are thought to be behind the fall
Markets closing out tough month
U.S. stocks are set to suffer first negative month since last summer, oil prices have slid and the euro has fallen to a near two-year low
Stocks tumble as outlook in Europe dims
Borrowing rates for Italy and Spain rose sharply Wednesday on mounting fears of financial contagion in the eurozone
Greek chaos provides opening for far-right party
Anti-immigrant, pro-gun Golden Dawn party capitalize on voters' frustration amid euro crisis
Markets tank as Spain woes deepen
The euro has also taken a battering and is now trading around two-year lows against the dollar
EU calls for "banking union" to ease crisis
Such a union would centrally oversee and - if needed - bail out the sector, which has become a weak link in the continent's financial system
Oil falls below $90 as Europe's economy falters
Crude has plunged 15 pct from four weeks ago on investor fears that political turmoil in Greece could trigger a chaotic exit from the euro
Spain's borrowing cost soars
Costs have risen close to levels where other debt-stricken countries such as Greece and Ireland have asked for an international bailout
Greece agrees to cuts for bailout from Europe
Leaders of Greece's political parties signed a pledge to implement the drastic budget cuts Europe is demanding in exchange for a bailout. Elizabeth Palmer reports on the desperation of those affected by the cuts.
Economy: Europe vs. GOP version of Europe
The state of the European economy has become something of an issue in our presidential campaign, but how bad things are over there? Correspondent Allen Pizzey finds out.
Reich: Europe is not going down the tubes
Stocks fell across Europe and Asia after the French election, and after voters in Greece put that nation's bailout deal in doubt. Former Labor Secretary Robert Reich talks to Charlie Rose and Erica Hill about these issues might affect the U.S. Reich's new e-book is called "Beyond Outrage: What Has Gone Wrong with our Economy and Our Democracy, and How to Fix Them."
Greek banks to get $23B from bailout fund
Political uncertainty has impacted bank deposits as people have been withdrawing their money to hedge against the country's possible return to the drachma
EU summit ends with lots of uncertainty, few plans
Uncertainty remains over what Europe should do to spark economic growth, and how to deal with the Greek crisis
EU running out of time as Greece nears the exit
European leaders aim to have more concrete proposals for strengthening the region at their next summit on June 28-29
ECB official calls for urgent financial overhaul
Official says the eurozone crisis has been undermining much of the crossborder financial markets' integration brought about by the euro
Record drop in retail sales adds to Spain's woes
Retail sales dropped 9.8 percent in the year to April as the country battled against its second recession in three years and a 24.4 percent jobless rate
Euro falls to 22-month low against dollar
Euro fell to $1.246 in afternoon trading Tuesday, its lowest point against the dollar since July 2010
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U.S. Defense Department bans Tencent and other Chinese companies
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Flames spread in California community
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Officials give update on L.A. area wildfires
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