ECB's Patrick Honohan says Greek euro exit would not be 'fatal'

A Greek exit from the eurozone would damage confidence in the single currency bloc but not necessarily be fatal, Irish central bank chief and European Central Bank policymaker Patrick Honohan said on Saturday.

Spain forces banks to set aside €30bn

Madrid, Spain (TOE) - The Spanish government has announced a new set of financial reforms, particularly aimed at cleaning up country's banking system infested with bad loans.

Spain, Portugal want more European investment help

LISBON, Portugal (AP) — The leaders of Spain and Portugal said Wednesday they want the European Investment Bank to play a bigger role in generating economic growth on the continent by financing more business projects.

Stocks: Investors unnerved by Greece

NEW YORK (CNNMoney) -- U.S. stocks were set to open lower Tuesday as Greece's uncertain political situation keeps investors on edge.

Challenge to Austerity, And Germany, Is Sharpened

BERLIN—Europe's voters delivered another rebuke to their leaders Sunday for failing to overcome a debt crisis that has thrust much of the region into an economic tailspin.