Have financial markets priced a potential extension to the European Central Bank's quantitative easing program? Philip Shaw, chief economist at Investec, discusses.» Read More
The first thing Silvia Huelves was told when she started studying architecture was that she should take up Chinese or Japanese -- she was never going to build anything in Spain any time soon.
Fears over the continuing European sovereign debt crisis and weaker than expected economic data from the US helped to push the price of US Treasurys up and take yields to a six month low on Thursday as investors looked for safety.
Asian investor appetite is boosting the euro and sending kiwis skyward. Time for your FX Fix.
The Organisation for Economic Cooperation and Development (OECD) warned the British government on Thursday that it must ease the pace of deficit reduction or risk damaging the recovery of the UK economy.
Greece may be forced out of the euro if tough austerity measures are not successful, a high-profile Greek politician said in a statement on her website.
Think a Greek debt restructuring can be avoided? This pro says no - and he's not even sure the euro zone should hold together.
The UK has failed to make enough structural changes to its economic model to avoid another financial crisis, Vince Cable, the UK’s Secretary of State for Business, Innovation and Skills told the New Statesman magazine.
Ireland’s economy will take longer to recover from its current slump than from the recession of the 1980s, John Bruton, former Prime Minister of Ireland and European Union Ambassador to the US, told CNBC.com on Wednesday.
Greece should receive another tranche of aid from the European Union to enable it to have a second chance and restructure later, according to an analyst.
Greece will not have a snap election, the office of the Greek Prime Minister told CNBC Wednesday in response to market speculation that affected the euro late Tuesday.
The Greek government is unsurprisingly unable to find consensus on new, even stronger austerity measures aimed meeting the terms of its bailout by the European Union and the International Monetary Fund.
European leaders are pushing to impose measures that would ensure the Greek government lives up to its promise to deliver €50 billion ($70 billion) in privatization proceeds, amid skepticism that Athens can carry out the sell-offs reports the FT.
Stocks could have a rough ride into summer, as the Fed steps back from its quantitative easing program and the economy stumbles through a soft patch.
Another volcanic ash cloud threatening European airspace, a threat to downgrade Belgium's credit rating and Moody's warning that it could cut UK banks' credit ratings did not make for pretty reading for investors Tuesday.
The best type of restructuring for investors is austerity, a type of debt default that sees a government renege on its obligations to its own people rather than bond holders according to Christian Gattiker-Ericsson, the chief strategist and head of research at Julius Baer.
Fitch became the second ratings agency to threaten Belgium with a credit downgrade on Monday, saying a lack of government undermined budget efforts in one of the euro zone's most indebted states.
Stocks are likely to take their cues from the foreign exchange market again on Tuesday after risk assets fell on a series of negative sovereign-debt related headlines from the Euro zone.
The latest wave of market turbulence could sweep stocks lower into the summer, but it's not likely to be the start of a deep correction, analysts say.
John Lipsky, acting managing director of the International Monetary Fund, told CNBC Monday he will be retiring Aug. 31 when his term as first deputy ends.
Greece will create a sovereign wealth fund composed of real estate and state-owned assets as it looks to accelerate its deficit reduction program, according to the Greek finance minister George Papaconstantinou.