German Chancellor Angela Merkel said the ceasefire agreement in eastern Ukraine has not been respected or fully implemented.» Read More
The idea of imposing a small tax on financial transactions is gaining popularity around the world. It’s even got a catchy nickname: the Robin Hood tax.
What may have seemed like timid or even bumbling leadership is looking more like a consistent strategy of brinkmanship aimed at remaking the euro zone in Germany’s likeness. The New York Times reports.
The reforms Chancellor Merkel is pushing—hard caps on national government deficits--will ensure either the ultimate demise of the euro, years of economic stagnation or worse.
The European debt crisis has revealed that the euro zone is in a final phase and cannot be saved as a single entity, David Murrin, chief investment officer at Emergent Asset Management, told CNBC Tuesday.
A break-up of the single European currency would have severe consequences on the UK economy, with unemployment pushing above 4 million, the pound appreciating sharply and major banks failing, analysts at ING wrote in a market note.
Investors are pricing in sizable currency volatility in 2012 - and that has trading implications for you.
Will the master plan agreed to by the leaders of France and Germany on Monday work?
Commodity and currency markets are gearing up for what could be a historic week for the Euro Zone, with Stephen Schork, The Schork Report; Peter Sorrentino, Huntington Asset Advisors; and William Rudin, Rudin Management.
European leaders are running out of time to resolve the financial crisis afflicting the region, making those leaders' summit on Friday more important than any that has preceded it, according to Moritz Krämer, managing director of European Sovereign Ratings at Standard & Poor's.
Standard and Poor's should've waited at least a week to announce it had put 15 European Union nations on its CreditWatch for potential downgrade, said the chairman of tire maker Pirelli.
"Merkel und Sarkozy wollen automatische Strafen für Schuldensünder." That's the headline for the news about Angela Merkel's and Nicolas Sarkozy's plan to rescue Europe in Germany's Der Tagesspiegel newspaper.
Standard and Poor’s has warned Germany and five other triple-A rated members of the euro zone that they risk having their top-notch ratings downgraded as a result of deepening economic and political turmoil in the single-currency bloc.
CNBC's Michelle Caruso-Cabrera highlights Angela Merkel and Nicolas Sarkozy's latest proposals.
Chancellor Angela Merkel and President Nicolas Sarkozy announced in Paris today that they will push for changes to the EU Treaty to prevent governments from spending too much. There are still analysts advising clients on how to prepare for a potential breakup, with CNBC's Michelle Caruso-Cabrera. Jens Nordving, G10 FX Strategy at Nomura, also weighs in on the euro.
The market has been driven higher by hopes for a solution to European woes. I think this is probably just a set up for a dramatic crash once it is revealed that the signals of solidarity coming from Germany's Angela Merkel and France's Nicolas Sarkozy have been false signs.
French President Nicolas Sarkozy and German Chancellor Angela Merkel are calling for a new treaty to address debt troubles, with CNBC's Steve Liesman. Thomas Lee, JP Morgan, also discusses the market rally.
French President Nicolas Sarkozy and German Chancellor Angela Merkel are outlining what's being called a euro zone master plan, with CNBC's Steve Liesman.
The euro is holding firm against the dollar, boosted by optimism on Italian austerity measures and the Merkel-Sarkozy meeting, with Marc Chandler, Brown Brothers Harriman.
Now that the euro has bankrupted Greece and pushed Italy and other Mediterranean states to the brink, Angela Merkel proposes tough, EU-administered disciplines on national deficits.
Markets appear to have high hopes for this week’s summit meeting in Europe to begin putting an end to the financial crisis. Yet there’s ample reason to believe the market’s hopes will be dashed again. Here's why.