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  • Trader-watching-stock-go-up_200.jpg

    The Greek parliament’s approval of fresh austerity measures despite violent protests in Athens opened the door for a brighter disposition in markets and this could push stocks upwards, according to analysts.

  • Businessman with crystal ball

    The debate about whether stocks are ripe for a pullback will be as much a focus as anything else Tuesday, as investors watch some fresh U.S. economic data and await the next drama out of Europe.

  • European Central Bank

    The European Central Bank's rescue of the region's banks by showering them with cheap loans could be creating the conditions for another financial crisis several years from now. The New York Times reports.

  • Journalists accused of writing in support of Greece's austerity measures have recently become targeted by protesters.

    "We are facing destruction. Our country, our home, has become ripe for burning, the center of Athens is in flames. We cannot allow populism to burn our country down," one  lawmaker told parliament as protesters took their rage to the streets.

  • A Euro sign sculpture stands in front of the European Central Bank's (ECB) headquarters.

    Economists fear that the loans provided by the European Central Bank could create conditions for another banking crisis several years from now, The New York Times reports.

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    Greece has found itself in a category of its own among struggling debtors — a nation Europe no longer trusts, The New York Times reports.

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    "I think the EU was a little harsh with the Greeks. It looks like they were trying to push them out of the euro zone. It could get bumpy next week,” said trader Art Cashin.

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    This could be a make or break weekend for Greece, strategists say. Here's how to play the uncertainty.

  • Mario Monti

    "The distinction between Greece and Italy from the point of view of markets is massively different" than a few years ago, Italian Prime Minister Mario Monti told CNBC.

  • Mario Monti on Italy's Economic Future

    Mario Monti, Prime Minister of Italy, discusses his meeting with President Obama: "The goal was to explain to the President what Italy is doing in terms of budgetary discipline but also for preparing for conditions for growth."

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    If Greece doesn't have to pay what it owes, why should anyone?

  • The Parthenon in Greece

    The setback on the Greek austerity plan is sapping euro strength.

  • Global Markets Update: Greek Police Union Threatens to Arrest EU, IMF Officials

    Markets in Europe are mostly down as Greek opposition to the austerity plan heats up. Bank stocks are among the biggest losers. Spain approves sweeping labor market reforms. Four Greek ministers resign in protest over the new austerity package. Greece's police union threatens to issue arrest warrants for EU, IMF officials.

  • Greek protesters threw stones and firebombs at riot police who responded with tear gas in Athens on February 10 as clashes erupted on the sidelines of a protest against new austerity cuts.

    After appearing to be resolved, Greece's bailout is unraveling again. Renewed fears of a Greek default sparked a broad selloff in financial markets Friday.

  • Site of UPS cargo plane crash, Dubai, United Arab Emirates.

    The danger of disaster in the financial markets has receded since the start of the year, after additional liquidity injections, one strategist told CNBC Friday.

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    Greek drama staggers on, and risk appetite sags - it's time for your FX Fix.

  • Larry Summers: Greece Needs Access to Euro

    Laurence Summers, former Treasury Secretary, weighs in on Greece's stability, saying if Greece is not a part of the euro, they will not likely have access to the ECB, which would have consequences on the stability of the Greek banking system.

  • Global Markets Update: European Markets Follow Asia Lower

    S&P 500 futures point to New York stocks declining 0.5 per cent at the opening bell. European shares also fell today, dragged lower by banks on concerns about the outcome of the euro zone debt crisis after finance ministers imposed further conditions before approving a rescue package for Greece. Asian shares ended lower as investors remained concerned about Greece's commitment to debt restructuring.

  • Demonstrators shout slogans during a protest against plans for new austerity measures on October 19, 2011 in Athens, Greece.

    For all the struggles that Greece has gone through to satisfy its demanding lenders, Europe’s troubles are not going away, the New York Times reports.

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    Greek political leaders said they had clinched a deal on economic reforms and spending cuts needed to secure a second bailout, but euro zone finance ministers demanded more measures and a parliamentary seal of approval before providing the aid.