While Greece prepares for national elections which will determine its future in the eurozone, Spain’s borrowing rates soar. Back home the debate over employer-funded contraception rages on on two fronts as Jamie Dimon takes his lumps with contrition on Capitol Hill. This and more in this week’s Week in Pictures.
A counter-demonstrator argues with a man outside the U.S. Customs House in Charleston, S.C., during a rally on Friday, June, 8, 2012 protesting a federal mandate requiring employers to provide health insurance that covers birth control for workers. Groups opposing guidelines that require health insurers to cover contraception costs rallied in Charleston and around the country Friday. The guidelines from the Obama administration will go into effect in August. Opponents say that’s a violation of religious freedom, despite promised exemptions and accommodations for religious institutions. (AP Photo/Bruce Smith)
German Chancellor Angela Merkel is seen on a screen as a broker arrives at the stock exchange in Madrid, Thursday June 14, 2012. Spain’s borrowing rates have hit a high not seen since the country joined the euro in 1999 after a credit ratings agency downgraded the country’s ability to pay down its debt. The interest rate, or yield, on the country’s benchmark 10 years bonds rose to a record 6.96 percent in early trading Thursday, close to the level which many analysts believe is unsustainable in the long term and at which countries such as Greece, Ireland and Portugal have sought an international bailout. (AP Photo/Paul White)
In this June 13, 2012 photo, job seekers wait in line at a job fair expo in Anaheim, Calif. More Americans sought unemployment aid last week, suggesting hiring remains sluggish. The Labor Department said Thursday June 14, 2012 that weekly unemployment benefit applications rose 6,000 to a seasonally adjusted 386,000, an increase from an upwardly revised 380,000 the previous week. (AP Photo/Jae C. Hong)
Electoral posters of Greek socialist party leader Evangelos Venizelos that read “We Greeks are fighting and we will succeed,” are seen in central Athens, Tuesday, June, 12, 2012. Greece holds crucial national elections on Sunday, June 17, that could ultimately determine whether the deeply-indebted, recession bound country remains within the eurozone. The elections on May 6 resulted in a hung parliament. (AP Photo/Petros Giannakouris)
In this June 13, 2012, photo, Republican presidential candidate, former Massachusetts Gov. Mitt Romney speaks during the Business Roundtable quarterly meeting at the Newseum in Washington. Romney’s frequent remarks about the nation’s unemployment problem have long included a curiosity, if not an outright contradiction: It’s bad for private-sector workers to lose their jobs, he says, but it’s often good for government workers to do so. (AP Photo/Evan Vucci)
Cardinal Timothy Dolan, second from right, Archbishop of New York and President of the United States Conference of Catholic Bishops, speaks with Octavio Cisneros, from left, auxiliary bishop of the Diocese of Brooklyn, Archbishop Joseph Kurtz of Louisville, and Msgr. Ronny Jenkins, General Secretary of USCCB, at their biannual meeting Wednesday, June 13, 2012, in Atlanta. The national gathering is the bishops’ first since dioceses filed a dozen lawsuits against an Obama administration mandate that most employers provide health insurance covering birth control. The rule generally exempts houses of worship, but faith-affiliated hospitals, charities and schools would have to comply. (AP Photo/David Goldman)
Capitol Police remove protesters as JPMorgan Chase CEO Jamie Dimon, left, takes his seat on Capitol Hill in Washington, Wednesday, June 13, 2012, to testify before the Senate Banking Committee. (AP Photo/J. Scott Applewhite)