By Sophie Sassard and Jason Neely LONDON, Oct 10- EADS and BAE Systems. The European companies have until 1600 GMT on Wednesday to declare their intentions and either scrap their merger or ask UK regulators for more time to finalise their plans to create the world's largest aerospace and arms group.
PARIS, Oct 10- EADS and BAE Systems. The European companies have until 1600 GMT later on Wednesday to declare their intentions and either scrap their merger or ask UK regulators for more time or finalize their plans to create the world's largest aerospace and arms group.
*Britain, France had proposed state shareholding cap. *Germany demands parity with France, key headquarters. PARIS/ BERLIN, Oct 9- Plans for a $45- billion merger between EADS and BAE Systems veered towards collapse late on Tuesday as Germany appeared ready to block the deal in a row over national stakeholdings.
Europe’s troubled single currency is dividing the continent into warring factions, which could end in a “democratic…or violent revolution” between indebted countries and creditor nations, a prominent European lawmaker told CNBC Tuesday.
*11 countries back financial transaction tax* Britain, Sweden, free-marketeers strongly oppose* Greek police battle protesters as Merkel visits Athens* French lawmakers endorse fiscal discipline treaty By John O'Donnell and Harry Papachristou.
AMSTERDAM-- World stock markets fell Tuesday on a gloomy forecast from the IMF and worries over Europe's debt crisis ahead of the start of earnings season.
German Chancellor Angela Merkel arrived in Athens on Tuesday wearing apparently the same lime green jacket in which she celebrated Germany's defeat of Greece in the 2012 European Football Championship.
CNBC's Michelle Caruso-Cabrera reports Germany Chancellor Angela Merkel is making her first visit to Greece since the debt crisis began, and just how the country may get their hands on much needed additional money.
ATHENS, Greece-- German Chancellor Angela Merkel got a hostile reception from many ordinary Greeks Tuesday when she flew into Athens on her first visit to the country since its debt crisis erupted three years ago.
*Growth, Greece worries stoke safety bids for bonds. NEW YORK, Oct 9- U.S. Treasuries prices rose on Tuesday in advance of a three-year debt sale as safe-haven bids for bonds emerged on anxiety about weak global growth and Greece's ability to meet the terms of a bailout.
As the markets close across Europe, CNBC's Simon Hobbs offers insight. Michelle Caruso-Cabrera weighs in on the protests in Greece amid German Chancellor Merkel's visit, and explains Greece's need for even more money. Nariman Behravesh, IHS chief economist, offers insight.
Meanwhile, comments by the International Monetary Fund on the global economy "provide a gloomy backdrop" for the day, said Monument Securities analyst Marc Ostwald. After a weak session Monday, Wall Street opened slightly lower again, with the Dow Jones Industrial index down 0.1 percent to 13,565.45, and the S&P 500 down 0.1 percent at 1,454.61.
*UK, Sweden, free-marketeers strongly opposed. The initiative, pushed hard by Germany and France but strongly opposed by Britain, Sweden and other free-marketeers, gained critical mass at a European Union finance ministers' meeting in Luxembourg, when more than the required nine states agreed to use a treaty provision to launch the tax.
CNBC's Carolin Roth reports Greeks took to the streets in protest over the visit of Germany's Chancellor Merkel; and discussing the outlook on the euro zone and euro, with Kevin Caron, Stifel Nicolaus, and Dan Greenhaus, BTIG.
ATHENS, Greece-- German chancellor Angela Merkel said Greece has covered "much of the ground" required for recovery, during her landmark visit to the financially stricken country.
ATHENS, Oct 9- The pace of reform in Greece has accelerated, German Chancellor Angela Merkel said on Tuesday during a visit to Athens marred by clashes between police and protesters.
ATHENS, Oct 9- The tough path Greece is on will pay off, German Chancellor Angela Merkel said on Tuesday during a visit to Athens marred by clashes between police and protesters.
The "Squawk on the Street" news crew weighs in on the top market moving stories of the morning; including German Chancellor Angela Merkel's visit to Greece today.
*The euro zone economy faces a long, uphill road to recovery and the bloc is still suffering from a crisis of confidence, European Central Bank President Mario Draghi said. *Euro zone finance ministers believe that Spain's budget cuts should take into account its weak economy, Spain's economy minister said, adding Madrid would work to limit economic recession.
*Alcoa to start earnings season after the close. The IMF warnings come on the heels of a lowered forecast for growth in the East Asia-Pacific region by the World Bank on concerns China's slowdown could last longer than expected.