OECD cites risk of vicious cycle that spills over to countries outside of euro region.

German finance minister says financial markets will calm in 1 to 2 years.

German finance minister says financial markets will calm in 1 to 2 years.

German, French leaders say they will consider measures to spur Greek growth.

German, French leaders say they will consider measures to spur Greek growth.

Yields rise but both countries raise what theyd targeted.

Yields rise but both countries raise what theyd targeted.

S&P downgrades France, Spain, Italy, Austria.