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CNBC Franchise Archive Europe: Economy

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  • JACKSON HOLE, Wyo., Aug 29- Bank of England Governor Mark Carney said on Saturday that a slowdown in China's economy could push down further on inflation but it did not change, for now, the central bank's position on when and how it might increase interest rates. Their evolution needs to be monitored, not taken for granted, "he said, before adding the direct exposure of...

  • ATHENS, Aug 29- Former Greek premier Alexis Tsipras urged supporters on Saturday to give him a mandate to complete the country's political transformation, as a poll showed his leftist Syriza party's lead slipping ahead of elections next month. Tsipras abruptly resigned last week, days after clinching an 86 billion euro bailout package from Greece's euro zone...

  • How IMF's Greek misadventure is changing the fund Saturday, 29 Aug 2015 | 2:49 AM ET
    Christine Lagarde

    Many of the top brass of the International Monetary Fund always had concerns about the plans to bail out Greece.

  • Greek election could result in new, big coalition govt Saturday, 29 Aug 2015 | 2:24 AM ET

    ATHENS, Greece— Greece's outgoing prime minister, Alexis Tsipras, is banking on his popularity to win a national election next month and strengthen his grip on power after purging his radical left Syriza party of dissenters. Tsipras called the election last week to rid his party of rebels who had refused to back the bailout deal he agreed upon with Greece's...

  • DIARY- Top Economic Events to Sept 12 Friday, 28 Aug 2015 | 8:01 PM ET

    ZURICH- Swiss National Bank head Thomas Jordan addresses a business gathering- 1600 GMT. REYKJAVIK- Launch of Economic Survey of Iceland 2015. NEW YORK- Federal Reserve Bank of Boston President Eric Rosengren speaks on the economic outlook before the Forecasters Club of New York- 1710 GMT. TOKYO- Japan Economics Minister Akira Amari speaks at a seminar at...

  • RIO DE JANEIRO— The bottom seems to have fallen out of Brazil's economy, with the government reporting Friday that the gross domestic product plunged 1.9 percent in the second quarter alone, once again throwing the nation into a technical recession. Like most Latin American nations, Brazil has been hurt by the plunge in commodity prices and the slowdown in China,...

  • Business events scheduled for the coming month Friday, 28 Aug 2015 | 1:46 PM ET

    WASHINGTON— Institute for Supply Management releases its manufacturing index for August, 10 a.m.; Commerce Department releases construction spending for July, 10 a.m.. WASHINGTON— Labor Department releases second-quarter productivity data, 8:30 a.m.; Commerce Department releases factory orders for July, 10 a.m.; Federal Reserve releases Beige Book, 2 p.m..

  • Greece's first female prime minister Friday, 28 Aug 2015 | 10:00 AM ET
    Greece's first female prime minister

    Greece names its first-ever female prime minister to head caretaker government.

  • LONDON, Aug 28- German bond yields edged lower on Friday, defying a sudden surge in oil, as data showed consumer prices in Europe's biggest economy had been weighed down by falling energy costs. Instead, the recent oil slump, which has centred on concerns around China's economy, has weighed on market expectations for consumer price growth with some gauges...

  • Trichet's global view Friday, 28 Aug 2015 | 6:41 AM ET
    Trichet's global view

    Former ECB President Jean-Claude Trichet shares his thought on Fed policy, and provides insight into market risks he sees around the world.

  • Greek economic growth in second quarter revised up Friday, 28 Aug 2015 | 6:22 AM ET

    ATHENS, Greece— Greece's statistics agency says the country's economy grew slightly faster than earlier forecast in the second quarter of the year. The statistics agency said Friday the economy grew 0.9 percent compared to the first three months of the year, faster than 0.8 percent the previously estimated. The growth figures are good news for financially...

  • MOSCOW— Ukraine asked Russia on Friday for lower gas prices for the winter and said Moscow should accept to write off a part of its loans to Kiev, as other international bondholders did this week. Gas disputes between Russia and Ukraine have led to cut-offs of supply in the past, and one standoff in 2009 caused serious disruptions in gas flowing from Russia via...

  • Markets latest: Shanghai up 5% after historic week Friday, 28 Aug 2015 | 4:05 AM ET
    An investor looks at an electronic board showing stock information at a brokerage house in Nanjing, China.

    Squawk Box Live in Europe had updates and analysis on global markets as one of the most volatile trading weeks in history comes to an end.

  • U.S. stocks ended the day little changed Friday, letting investors breathe a little easier after a week where both the highs and lows were extreme. The market gave investors a hard jolt the first two days of trading this week on concerns about the health of China's economy. "People are taking a little bit of a pause," said Paul Springmeyer, senior portfolio manager at...

  • France must accelerate reform pace: Business leaders Friday, 28 Aug 2015 | 1:27 AM ET

    CEOs worldwide may be eyeing China right now, but European business leaders are also concerned about rumblings in an economy closer to home.

  • JACKSON HOLE, Wyo., Aug 28- Wild swings in world financial markets this week have shown how events in China can potentially disrupt the Federal Reserve's carefully scripted policy plans. "The years when China could keep on growing and pump things up- that's over. So you look around the world and ask who can take up the slack, and really the answer is nobody, "said Kevin...

  • DIARY- Top Economic Events to Sept 10 Thursday, 27 Aug 2015 | 8:01 PM ET

    EDINBURGH, Scotland- Bank of England's Executive Director of Prudential Policy David Rule at the Credit Scoring and Credit Control XIV Conference, University of Edinburgh. REYKJAVIK- Launch of Economic Survey of Iceland 2015. NEW YORK- Federal Reserve Bank of Boston President Eric Rosengren speaks on the economic outlook before the Forecasters Club of New...

  • NEW YORK— Oil soared more than 10 percent Thursday, its biggest one-day gain since March 2009, lifted by resurgent global stock markets and a report showing the U.S. economy grew faster than previously reported in the second quarter. U.S. oil rose $3.96, or 10.3 percent, to $42.56 in New York. "One up day in a sea of consistent summer selling does not make for an imminent...

  • Business events scheduled for the coming week Thursday, 27 Aug 2015 | 1:17 PM ET

    WASHINGTON— Institute for Supply Management releases its manufacturing index for August, 10 a.m.; Commerce Department releases construction spending for July, 10 a.m.. WASHINGTON— Labor Department releases second-quarter productivity data, 8:30 a.m.; Commerce Department releases factory orders for July, 10 a.m.; Federal Reserve releases Beige Book, 2 p.m..

  • Ukraine jumps big hurdle in fight for its economy Thursday, 27 Aug 2015 | 11:49 AM ET
    People queue up for a tram in a shopping area in Donetsk, Ukraine.

    Ukraine reached a deal with creditors to restructure its debt—a key requirement for the country to continue getting support from the IMF.

Contact Europe: Economy

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