Enough of the pessimism over the euro zone, says one analyst, who points out that the disaster scenarios anticipated by financial markets for the region have not played out, leaving the euro poised for a strong rally that could take it to $1.50 next year – a 17 percent gain from where it is now.
Martin Hennecke, Associate Director at Tyche, says investors should get out of their positions in the euro as political wrangling in the latest European summit indicates the bloc's break-up may be looming.
Until recently, Jordi Parellada a singing teacher from Barcelona, would never have seen himself voting for Catalan independence. The FT reports.
Clifford Bennett, Chief Economist, Orb Global Investments explains why he sees upward pressure on the euro, and forecasts that it could hit 1.5 against the U.S. dollar in 2013.
Slim Feriani, Chief Executive Officer, Advance Emerging Capital says he is "fed up" with the impasse among euro zone policymakers on key issues.
Daniel Franklin, editor, The Economist's World in 2013 talks about whether the number 13 will prove to be unlucky for politics and business next year.
Despite bucking the economic gloom of the euro zone in recent years, Poland’s Finance Minister warned that the region’s debt crisis could derail Poland's progress.
Debates over nature or nurture and their impact on shaping a person’s life continue to dominate evolutionary theory, but according to one author everyone has the potential to be “great” — without being a natural born genius or having an ivy-league education.
Amid wrangling over how much money the European Union spends at a time of grinding austerity across the Continent, Martin Ehrenhauser, an Austrian member of the European Parliament, lobbed a sobering question this summer at the union’s Brussels bureaucracy: How many bottles of booze does it have stocked in its wine cellars, the New York Times reports.
Hopes were rising in Brussels that an unlikely deal with the U.K. over the EU’s long-term budget was taking shape, although the chief negotiator was trying to resolve a deluge of last-minute complaints from other countries on the eve of what could be a gruelling summit. The FT reports.
Christopher Ferrarone, Global Equity Strategist, UBS says that ECB's "Outright Monetary Transactions" programme is meaningful and that Europe's recovery will continue unless something drastic happens in Greece or Spain.
Adolfo Laurenti, Deputy Chief Economist & MD at Mesirow Financial, says there are a lot of conflicts to be reconciled at the European Union meeting but it is unlikely to result in a breakdown in budget talks.
CNBC's Ross Wesgate reports on all the market moving events from Europe, as the IMF and finance ministers have yet to reach a deal on Greek debt.
James Nixon, European economist at Societe Generale, explains to CNBC the dispute between euro zone countries and the IMF over strategies to reduce Greek debt to a sustainable level.
Greece’s international lenders once again failed to reach an agreement on how to bring down its debt levels, delaying the release of vital aid to Athens and pushing the euro lower. Yet all is not lost for Greece and the single currency, analysts told CNBC.
Whatever the reasons behind Mitt Romney’s failure to convince the U.S. electorate that he was the man for the job, and there are myriad explanatory factors, it seems his team’s position on economics was one of them.
Market sentiment and economic factors are moving against key Eastern European currencies, this strategist says.
Expect a risk rally over the next few days, but next week could be another story. Here's how to trade the shifting winds.
Euro zone finance ministers are likely to approve the next tranche of loans to Greece on Tuesday although the money is unlikely to be disbursed before December and a deal on debt reduction may need further talks.