Germany is trying to play both ends against the middle, says Robert Hormats, Kissinger Associates, sharing his thoughts on Greece and Germany's relationship with the rest of Europe.» Read More
France, Germany, and other euro zone countries want Greece to remain in the monetary union, "but there will be a price," Christine Lagarde, managing director of the International Monetary Fund (IMF), told CNBC Thursday.
Europe's debt crisis has worsened and the world economy has entered into a dangerous new zone, says Christine LaGarde, IMF managing director. CNBC's Maria Bartiromo asks LaGarde why she is focusing on short-term measures.
Has recent decline in the stock market due to news in Europe run its course? Sharing perspectives, with John Morris, Crestwood Advisors managing partner and Gene Peroni, Advisors Asset Management senior vice president.
European leaders talk and talk, and hot money cools toward Asia — it's time for your FX Fix.
Greece needs a collective effort by itself, the International Monetary Fund (IMF) and the rest of the euro zone members to resolve the crisis, according to Zhu Min, Deputy Managing Director, who spoke to CNBC from the summer meeting of the World Economic Forum in Dalian, China.
News that Germany and France are ready to stand by Greece and avoid it leaving the euro helped stocks to rally following a conference call between Angela Merkel, Nicolas Sarkozy and Greek Prime Minister George Papandreou on Wednesday.
As investors continue to reach for yield, are we heading for a credit bubble, with CNBC's David Faber; Peter L. Briger, Jr., Fortress Investment Group LLC principal and co-chairman; Marc Lasry, Avenue Capital, co-founder and chief executive; Bruce Richards, Marathon Asset Management president and CEO; Boaz Weinstein, Saba Capital Management LP founder.
CNBC's Simon Hobbs shares details on the rally that started when the leaders of France and Germany signaled their support for Greece.
The BRICS turn the tables and the Belarussian ruble takes a dive - it's time for your FX Fix.
The financial crisis of 2008 to 2009 was very different than what we are seeing today, says Laurence Fink, BlackRock chairman/CEO, who says there is currently a lot of de-risking, but European governments are moving in very small steps right now.
Investors will have to deal with an avalanche of news flow from Europe on Wednesday ahead of a crucial meeting of euro zone finance ministers and US Treasury Secretary Tim Geithner on Friday.
Predications of global economic collapse are overstated, and ignore the market, says blogger Vince Farrell.
Everybody's worried about the euro zone, but Turkey gets some good news — it's time for your FX Fix.
The idea of a European Union sounded so good, but the question always was when push came to shove, what would prevail: country or union?
As the euro zone enters the most dangerous phase of its debt crisis, bailout patience is eroding in the fiscally responsible tier of the zone. While Brussels wonders whether the Finns have become Euro-skeptic, the reality is the reverse. Europeans are turning into Finns.
The cost of insuring Italian debt against default rose to a record high on Monday one day before a key bond sale, while Greek credit default swaps also hit historic highs on growing worries that the country may go bankrupt.
It has been another dramatic weekend in the euro zone. On Friday, Germany’s representative on the European Central Bank's governing council, Juergen Stark, resigned in protest at the bank's decision to buy Italian and Spanish bonds. He will be replaced by German deputy finance minister Joerg Asmussen.
Greece is unable to repay its debts, according to Richard Bove, banking analyst at Rochdale Securities, and given that the euro zone banking system has yet to mark sovereign debt holdings to market, many banks will be forced to raise new capital.
The European Union should appoint a new budget tsar with powers to dictate taxes and spending in euro zone countries and who could ultimately adjudicate whether countries should be kicked out of the euro, the Dutch prime minister has argued in the Financial Times.
George Soros is warning the euro zone debt crisis could be worse than the Lehman crisis but stocks across Europe are sharply higher this morning following news from Athens and Rome on how they plan to tackle their budget deficits.