June 13, 2012

Euro crisis: It's still not over

NEW YORK (CNNMoney) -- Spain officially requested a bailout for the nation's banks Saturday but euphoria about the weekend's announcement was short-lived.

June 12, 2012

Market Rally Fades Over Spanish Bank Rescue

A key consideration in the Spanish bank rescue is how investors will judge the Spanish government’s solvency if it is required to add 100 billion euros of debt guarantees to its already strapped finances.

June 11, 2012

Could Italy be next? Fears after Spain bank rescue

Even as the global economic community hailed an agreement to rescue Spain's stricken banks, there was concern in Rome on Sunday that investors could now begin treating Italy as the next weak link in the eurozone.

June 10, 2012

June 09, 2012

Europe crisis: Spain passes market test, Merkel douses summit hopes

MADRID/LONDON: Spain showed on Thursday that it can still access the credit markets at an affordable but rising cost against a backdrop of feverish behind-the-scenes planning for a likely European rescue of its debt-stricken banks.