U.S. Steps Up Pressure on Europe to Resolve Euro Crisis

PARIS — President Barack Obama is putting increasing pressure on European officials to resolve the euro crisis, talking with the leaders of Germany, France and Italy to help lay the groundwork for action before a Group of 20 summit meeting to be held in June in Mexico.

French jobless claims hit highest this century

PARIS (Reuters) - France had more jobseekers in April than any time this century as numbers rose for the twelfth month running, and the labor ministry said it was braced for more layoffs in the months ahead.

Greek euro exit would halve incomes, report warns

ATHENS, Greece - Greece's biggest bank says that if the country exits the euro currency bloc the effect on the nation's populace would be dramatic.

Giant Lender in Spain Asks for Billions to Fend Off Collapse

MADRID — Spain’s banking crisis worsened Friday as the board of Bankia, the country’s biggest mortgage lender, warned that it would need an additional 19 billion euros ($23.88 billion), far beyond what the government estimated when it seized the bank and its portfolio of delinquent real estate loans earlier this month.

Euro Zone Crisis To Hit Colombia, Chile; Won't Derail Growth

PARIS -(Dow Jones)- Chilean finance minister Felipe Larrain said Thursday his country will be hit by the euro-zone crisis in the coming months, though not strongly enough to derail economic growth.