Spain and France came under intense pressure from the European Commission on Friday to take bolder steps to cut their budget deficits as Greece's political impasse deepened, highlighting the range of problems facing the troubled euro zone.
Walking through his high-ceilinged factory here, explaining the production of sheets of copper, M. Brian O’Shaughnessy comes across as a staunch advocate of manufacturing in America.
European shares ended in positive territory on Friday, after a late rally on the back of positive U.S. economic data erased earlier losses, although many investors remained concerned over the health of Spain's banks and Greece's political impasse.
Friday, 11 May 2012 | Posted By:
| Source: CNBC.com
European shares are expected to open the final day of the trading week lower as the Greek political wrangling continues to weigh on investor sentiment.
Thursday, 10 May 2012 | Posted By:
| Source: CNBC.com
European shares are called to open the trading day broadly mixed as negative sentiment via the continued Greek political uncertainty continues to weigh on investors.
German lawmakers likely will delay a vote on the euro zone's fiscal compact on budget discipline because the country's main opposition party wants to insert growth-focused measures into the pact, a coalition source told CNBC.
Wednesday, 9 May 2012 | Source: The New York Times
Just weeks ago, the idea that Greece would leave the euro zone was almost unthinkable. Now, with Greece’s newly empowered political parties refusing to abide by the terms of the country’s international loan agreement and Europe’s leaders talking tough, that outcome is looking increasingly likely. The NYT reports.
Wednesday, 9 May 2012 | Posted By:
| Source: CNBC.com
European stocks are called to open higher Wednesday, consolidating some of their losses from yesterday’s session, which saw the Greek market fall to a 20-year low.
Tuesday, 8 May 2012 | Posted By:
| Source: CNBC.com
European shares are called to open the trading day mixed as markets survey the post-election landscape in Greece and the future of that country in the euro zone.
Monday, 7 May 2012 | Posted By:
| Source: CNBC.com
European shares were expected to open lower as voters in France and Greece both reacted to austerity measures in their countries by kicking out incumbent governments in elections over the weekend.
European shares fell sharply on Friday after worse-than-expected jobs data from the United States dealt a fresh blow to recovery expectations for the world's largest economy.
Friday, 4 May 2012 | Posted By:
| Source: CNBC.com
European shares are seen opening the day lower as concerns that the closely watched labor market data out of the U.S. will show only modest improvement.
Wednesday, 2 May 2012 | Source: The New York Times
Of all the people rocked by the debt and austerity tumult rattling Europe, the famously prudent but prosperous Dutch were seldom on anybody’s watch list. Until now, the New York Times reports.
Wednesday, 2 May 2012 | Posted By:
| Source: CNBC.com
European shares were expected to open mixed on Wednesday following the May Day holiday in a week that is expected to see light trade across global markets.