Frans van Houten, CEO, Royal Philips Electronics, "half-hearted measures are not going to cut it and we have now seen this for several months in a row and it is having a real effect on the economy."
Will the master plan agreed to by the leaders of France and Germany on Monday work?
Eleventh-hour negotiations have begun in Europe to create a much bigger financial “bazooka” to present at this week’s EU summit that could include running two separate rescue funds.
As European leaders scramble to overcome the Continent’s debt crisis, many are pointing to Ireland as a model for how to get out of the troubles. The New York Times reports
Another nightmare: Standard & Poor's says the European Financial Stability Facility rating may be cut, placing long-term rating on negative watch.
The euro slips on credit warnings, and Metallica rocks currencies — it's time for your FX Fix.
Commodity and currency markets are gearing up for what could be a historic week for the Euro Zone, with Stephen Schork, The Schork Report; Peter Sorrentino, Huntington Asset Advisors; and William Rudin, Rudin Management.
An executive in charge of controlling risk within MF Global raised concerns a few times last year about the increasing number of bets on European bonds by Jon S. Corzine, the company's former CEO, the Wall Street Journal wrote on Tuesday.
Standard and Poor's should've waited at least a week to announce it had put 15 European Union nations on its CreditWatch for potential downgrade, said the chairman of tire maker Pirelli.
The European crisis is at a key point this week, and there are meetings galore on resolving it. Here's how to ride them out.
Standard and Poor’s has warned Germany and five other triple-A rated members of the euro zone that they risk having their top-notch ratings downgraded as a result of deepening economic and political turmoil in the single-currency bloc.
The euro is holding firm against the dollar, boosted by optimism on Italian austerity measures and the Merkel-Sarkozy meeting, with Marc Chandler, Brown Brothers Harriman.
Now that the euro has bankrupted Greece and pushed Italy and other Mediterranean states to the brink, Angela Merkel proposes tough, EU-administered disciplines on national deficits.
Markets appear to have high hopes for this week’s summit meeting in Europe to begin putting an end to the financial crisis. Yet there’s ample reason to believe the market’s hopes will be dashed again. Here's why.
European leaders huddle and the euro lifts - it's time for your FX Fix.
As the German chancellor, Angela Merkel, and the French president, Nicolas Sarkozy, are about to meet in Paris, CNBC's Annette Weisbach in Frankfurt and Stephane Pedrazzi in Paris discuss what will be on the meeting's agenda.
Tai Hui, Regional Head of Economic Research, SE Asia at Standard Chartered Bank, Singapore, talks about Europe's long-term problems, which remain despite the coordinated move by central banks.
Europe's sovereign-debt crisis, which has dragged on for more than two years, is entering a pivotal week, as leaders across the continent converge to prevent a collapse of the euro and a financial panic from spreading.
The International Monetary Fund may be asked to assist further as leaders of the 17 European Union nations that use the euro prepare for a summit next week, reports the New York Times.
Expectations are high for the upcoming European Union summit. Here's how to trade if reality falls short.