Euro zone economy weakens further in May: PMIs

LONDON: All of the euro zone's major economies are now in various states of decline, according to business surveys that suggested even Germany is no longer immune to the tremors emanating from the likes of Greece and Spain.

Ifo cheer fades as euro zone debt fears resurface

LONDON (Reuters) - Spain's and Italy's stock markets fell on Monday as fears they will struggle to enact reforms needed for growth returned, but a report that Germany may agree to combine the euro zone's two bailout funds temporarily lifted the two countries' bonds.