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Europe News Eastern Europe

  • Euro bills and coins

    After a brief respite following the announcement last week of a nearly $1 trillion bailout plan for Europe, fear in the financial markets is building again, this time over worries that the Continent’s biggest banks face strains that will hobble European economies, the New York Times reported.

  • Plus, get calls on the banks, REITs, tankers and more.

  • That’s what the action in today’s stocks seemed to say. Here’s why that action was wrong.

  • There’s one group in this industry that’s been held back, and Cramer thinks they’re worth a serious look.

  • Cramer thinks it might be. Here’s his top pick.

  • A man arrives at a polling station at St Johns Parish Church, London.

    Even with rioters on the streets of Athens and the 16 countries using the euro threatened with mounting turmoil, the economy remained the most frequently — and least candidly — discussed topic in the UK as the three main parties entered the last hours of a monthlong general election campaign.

  • He thinks they’re close. Read on for his two favorites in the group.

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    Three people have been killed in a petrol bomb attack on a bank in central Athens, as protests in the capital over the government's spending cuts turned violent.

  • Euro bills and coins in cash register tray

    Greece announced Sunday a long-delayed rescue package that will require years of painful fiscal belt-tightening, but the deal probably will not defuse the potential threats to other European countries, The New York Times reports.

  • Euro bills and coins in cash register tray

    Greece announced Sunday a long-delayed rescue package that will require years of painful fiscal belt-tightening, but the deal probably will not defuse the potential threats to other European countries, The New York Times reports.

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    Tax evasion has played a significant role in Greece’s debt crisis, and as the country struggles to get its financial house in order, it is going after tax cheats as never before, The New York Times reports.

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    Speculators have begun to zero in on another small member of Europe’s troubled monetary zone, the New York Times reported, highlighting the same economic flaw that brought Greece to the verge of insolvency.

  • The next 24 hours will be critical for Greece and its economy. After news over the weekend that the euro zone put together a rescue package, Athens will now test the markets reaction.

  • Hungary

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    Russian consumers are able to spend, the Russian government has significant room to maneuver, and there is no need to endure a long and painful process of systemic deleveraging - all of which make Russia a smart play for growth-oriented investors.

  • Airplane

    The EU banned all airlines from the Philippines and Sudan from flying into the region’s airports Tuesday, citing “serious safety deficiencies” found by the UN and U.S. aviation authorities, the New York Times reports.

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    The risk of default for Greek debt is priced much higher than that of Eastern European countries like Romania or Turkey. But Greece is rated investment grade while the two Black Sea countries are rated below investment grade.

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    Britain operates one of the largest welfare states in Europe. And that, it seems, is just fine with many of the British.

  • View over the caldera of Santorini in Greece.

    After weeks of backing a European rescue for the financially troubled Greece, Germany shifted course on Thursday, signaling that help should come from the International Monetary Fund rather than Greece’s neighbors, the New York Times reported.

  • Affordable vehicles from the likes of Toyota and Ford have been ruling the hybrid market. But at this year's Geneva International Auto Show, a number of luxury brands such as Ferrari and Porsche have unveiled concept and experimental hybrids. Take a look at what the future luxury hybrid might look like.

    This year's Geneva International Motor Show, a number of luxury brands debuted concept and experimental hybrids. Take a look at what the future luxury hybrid might look like.