A round-up of the key stories across the specialist financial media, including news that earnings at some of Europe's largest banks have been heavily impacted by the eurozone crisis
Eurozone woes keep banks wary after Q1 bounce
Earnings from some of Europe''s top banks showed the scars of the eurozone crisis on Thursday, with big losses on Spanish property and fragile economic recovery likely to dampen an early investment banking rebound.
Geithner says economy faces risk from Europe crisis, Iran
US Treasury Secretary Timothy Geithner said the US faces risks from the crisis in Europe while the confrontation with Iran has helped drive up oil prices.
The yen strengthened against other main currencies on Thursday ahead of a meeting of the Bank of Japan due during the next session as market participants grew cautious over how much extra monetary easing the central bank would announce.
Dutch Finance Minister Jan Kees de Jager continued talks on Thursday with three left-leaning opposition parties in an effort to reach agreement on the 2013 budget ahead of a key debate in parliament later in the day and a European Commission deadline next week.
Europe seen adding growth to budget rules as focus shifts
Europe might add an annex to its budget treaty spelling out how countries can boost growth as the bloc shifts its emphasis on tackling the debt crisis, a German government official says.