Europe crisis: Spanish companies scramble to issue debt

MADRID: Spanish firms are dashing into the bond market, taking advantage of a fall in interest rates after the European Central Bank pledged action to reduce the country's financing costs, and eager to move quickly in case the situation deteriorates again.

Euro 'breakthrough' is tenuous

NEW YORK (CNNMoney) -- Euro area leaders agreed early Friday on a number of steps designed to stabilize eurozone credit markets and strengthen the region's banking system.