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  • The Swiss National Bank strikes back and European officials talk togetherness - it's time for your FX Fix.

  • Piazza Venezia, Rome, Italy

    Italy has been allowed to backtrack because the European Central Bank bought Italian bonds before an austerity package had been agreed, Nick Firoozye, head of European rates strategy at Nomura told CNBC Tuesday.

  • global_economy_down.jpg

    Europe is on the verge of recession and the US is already in a growth recession – an expression used by economists to show that growth is so slow that more jobs are lost than added, a strategist told CNBC Monday.

  • european_union_crack2_200.jpg

    The exit of any of the countries in the euro region from the single currency would cause "complete chaos" in that country and is "almost inconceivable", Erik Nielsen, global chief economist at UniCredit, told CNBC Tuesday as the euro zone debt crisis continued to loom over European markets.

  • German Chancellor Angela Merkel

    Former German Chancellor Gerhard Schroeder told CNBC that his successor, Angela Merkel, should never have tolerated the Greece-bashing as the euro zone debt crisis unravelled.

  • Recession-themed newsprint cuttings

    Sometimes a summer vacation can set you up for the autumn, allowing you some-hard earned rest to recharge the batteries before returning to the office, light of heart and confident about the prospects for the rest of the year.

  • World Bank President Robert Zoellick addresses the media during a press conference following his meeting with Chinese Premier Wen Jiabao on September 2, 2009 in Beijing, China.

    The current liquidity support measures being used by the European Union to stem the region's banking and sovereign debt crisis won't be enough, World Bank President Robert Zoellick told CNBC in an interview on Tuesday.

  • Europe's Effect on the U.S.

    Why what goes on in European economies has such an impact on the U.S. markets, with CNBC's Michelle Caruso-Cabrera. And a trader triple play, with Eric Wilkinson, independent trader; Boris Schlossberg, GFT Forex; and Bill O'Neill, Logic Advisors, on gold. And can the EuroZone be saved, with Tony Nash, Economist Intelligence Unit, and CNBC's Simon Hobbs.

  • NY Stock Exchange Traders

    To state the obvious, it is shaping up to be a difficult return for U.S. markets after the Labor Day break as European stock plunge and the European Central Bank (ECB) loses some of the control it has been exercising on the Euro-zone's sovereign bond market.

  • Nouriel Roubini

    If Italian Prime Minister Silvio Berlusconi left office, the market would lay off Italy, according to Nouriel Roubini, the founder of Roubini Global Economics.

  • Close-up of a pen on stock price chart

    European shares fell sharply on Monday amid renewed fears over the euro zone debt crisis and a warning from Deutsche Bank’s CEO on the outlook for banks.

  • Euros & Downward Graph

    Piling on more debt to help kick start growth will simply “stunt growth” and threaten economic welfare according to German Finance Minister Wolfgang Schäuble.

  • Credit Crunch

    A couple of indicators in the market are being interpreted by some as suggesting that we are heading for another liquidity crunch, of the kind observed in the last quarter of 2008 following the collapse of Lehman. That crunch pre-faced a worldwide recession. How serious is the risk of a repeat occurrence?

  • Big Ben

    1st paragraph of story should go here

  • EU building flags brussels

    The man who ran Germany when the euro began trading has an idea to save the euro zone: the creation of a "United States of Europe."

  • european_union_200.jpg

    Greater fiscal and political union is needed in Europe, and will be discussed by euro zone leaders within months, Joaquin Almunia, EU Competition Commissioner, told CNBC Saturday.

  • italy_200.jpg

    The Italian government is still wrangling over how best to balance its budget, losing credibility with key leaders and opinion formers.

  • Zurich, Switzerland

    The Swiss central bank has started to buy French and German government debt from the markets to try to bring the Swiss franc down, Dow Jones newswire wrote on Saturday, quoting a report by German newspaper Frankfurter Allgemeine Zeitung.

  • businessman_superman_200.jpg

    This week's European Central Bank meeting will show whether the ECB can save the global economy. Here's how to get ready.

  • The Buck Stops Here

    The final word from the currency pits, with CNBC's Melissa Lee and the Money In Motion traders.