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A top bank lobbyist insisted Saturday that banks and the eurozone are far from reaching a deal to cut Greece's debt, despite claims by eurozone finance ministers that they will ask banks to take steeper losses on their Greek bonds.

The European Commission seized documents from several major banks on Tuesday, marking the intensification of a world-wide law-enforcement probe into how key interest rates are set, the Wall Street Journal said, citing people familiar with the situation.

Moody’s Investors Service downgraded Spain’s credit rating Tuesday and warned that France’s rating could also be at risk, citing both nations’ vulnerability as Europe struggles to manage its persistent debt crisis.

The global "Day of Rage" against the world's financial system won some limited sympathy from political and economic leaders on Sunday, after protests that were peaceful everywhere but Italy.

The world's leading economies pressed Europe on Saturday to act decisively within eight days to resolve the euro zone's sovereign debt crisis which is endangering the world economy.

Finance Ministers and Central Bankers from members states within the Group of 20 said Saturday they saw no imminent threat of a recession as the European debt crisis unfolds.

European officials have rejected key recommendations from the United States and the International Monetary Fund, casting doubt on whether an emerging plan to address the region’s financial crisis will be as broad or fast acting as hoped.

Protesters in Rome smashed shop windows and torched cars as violence broke out during a demonstration in the Italian capital, part of worldwide protests against corporate greed and austerity measures. The "Occupy Wall Street" protests that began in Canada and spread to cities across the U.S. moved Saturday to Asia and Europe, linking up with anti-austerity demonstrations that have raged across the debt-ridden continent for months.

Slovakian lawmakers on Thursday approved expanding the size and powers of the EU bailout fund, overcoming an earlier rejection and removing the last hurdle to the fund's use as the continent's main weapon against the debt crisis.

After investigating a complaint filed against former International Monetary Fund head Dominique Strauss-Kahn, in which a journalist accused him of attempting to rape her in 2003, French prosecutors said there was a lack of sufficient evidence to file charges.