Euro zone yields hit lows: Is ECB trumping reality?

It's hard to believe it's just a few years since countries like Ireland and Spain had to go cap-in-hand to international lenders - at least if you look at their bond yields.

Debt crisis: eurozone headed for recession as economic rot spreads

The eurozone looks destined for its second recession in three years, as business surveys showed the economic rot is even spreading to Germany, the region's largest and strongest economy.

Euro zone heading into another recession

(Reuters) - The euro zone will slip into recession and won't grow until 2013, according to the latest Reuters poll of economists who also don't expect any new aggressive policy response from the European Central Bank.

No let-up for Spain, Italy pain from Greek vote

MILAN/MADRID: Any hopes Italy and Spain may have had that the Greek election result would ease pressure on their own debt crises were dashed early on Monday when financial markets reacted as if nothing had changed.