Greece will miss its revenue target from asset sales this year due to delays in a 1.2 billion euro airport deal.» Read More
CNBC's Ross Westgate reports on all the market moving events from Europe, as stocks drift lower after Moody's stripped France of its AAA-rating.
The contest to fill Silvio Berlusconi’s shoes and lead Italy’s centre right into elections next year has opened with about a dozen candidates stepping forward, including Benito Mussolini’s grand-daughter. The FT reports.
It is a once in a generation moment. For the first time in more than 50 years UK pension funds are holding more bonds than equities. The FT reports.
Spain plans to offer residency permits to foreigners who buy houses priced at more than 160,000 euros ($203,845) as part of its efforts to revive a collapsed real estate market and divest itself of hundreds of thousands of unsold homes.
Ratings agency Moody's Investors Service stripped France of its prized triple-A credit rating on Tuesday, triggering worries the move could heighten the risk of a downgrade for other top-rated nations, including the United States and the single currency bloc’s largest economy Germany.
Paul Bloxham, Chief Economist for Australia and New Zealand, HSBC says France's rating downgrade is a sign that a peripheral euro zone country story is moving to the core countries, and that Europe's debt woes will be around for quite some time.
Jacob Kirkegaard, Research Fellow, Peterson Institute for International Economics (PIIE) says it is highly unlikely that Germany will be downgraded following a ratings cut on France. He says this downgrade doesn't change the fundamental outlook of the euro area.
This pro says the Norwegian krone is the way to go.
The European stock indexes closed sharply higher on Monday on signs of progress in U.S. negotiations to avert the looming $600 billion “fiscal cliff” of tax hikes and spending cuts.
CNBC's Rick Santelli talks with Mark Grant, Southwest Securities, about why they are not very optimistic about an economic recovery in Greece.
CNBC's Rick Santelli weighs in on making markets move through fiscal reform.
The recent wave of cyberattacks targeting major U.S. banks has cast doubt onto the effectiveness of security infrastructure within the online banking sector. Though worrisome, there is a potential beneficiary set to gain from this threat, explains one analyst: the cyber security industry.
During the past two years, the Eurozone focus has been on the ailing Southern European economies and their austerity fatigue. In the next two years, it will be on the last triple-A economies in Northern Europe and their bailout fatigue, including Finland.
This week is fixing to be an action packed one for the euro, and this strategist has a trading plan.
The S&P 500 is set to fall another 8 percent by the end of the year, on top of the 7 percent decline seen since the year’s high reached in September, according to a new strategy note by Goldman Sachs.
Risk appetite is on the rise and the Bank of India is ready to move — it's time for your FX Fix.
Steve Forbes, Forbes Media chairman & editor-In-chief, and Jeremy Siegel, Wharton School finance professor, discuss how to deal with Europe's growing debt problem." I think the ECB will end up lowering the euro," Siegel said.
Steve Forbes, Forbes Media chairman & editor-In-chief, and Jeremy Siegel, Wharton School finance professor, discuss how escalating tensions in Gaza are impacting oil prices, and the markets. "We're not energy independent yet," Siegel added.
Danish conglomerate AP Møller-Maersk has delivered a damning assessment of the state of the container shipping sector by signalling it will switch investment to its other businesses. The FT reports.
High tax levels in France have recently made the headlines, whether it be regarding the new 75 percent income tax, or over celebrities leaving the country on a quest for tax havens. But France’s main tax issue may lie elsewhere, Fanny Combourieu, lawyer at SJ Berwin, a law firm specializing in tax law, told CNBC.
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Francesco Papadia, chair of the board of Prime Collateralised Securities, talks about the ECB ahead of tomorrow's central bank meeting.
Valentin Marinov, managing director and head of G10 FX research at Credit Agricole, discusses foreign exchange and carry trade positions.
Sony has just unveiled the world's first ultra high-definition 4K smartphone. CNBC's Phil Han reports from IFA in Berlin to find out more.