THE HAGUE, Netherlands— Ukraine's president has strongly defended a pact his country signed with the European Union, calling it "the last farewell to the Soviet Union, the last farewell to Communism." Petro Poroshenko's comments Thursday came during a visit to the Netherlands, which is holding a non-binding referendum next year on whether the Dutch government...» Read More
The matters of food production, lack of transparency in food stocks and speculation on commodities markets need to be tackled as they are affecting food prices, French agriculture minister Bruno Le Maire told CNBC.com Monday.
With the world’s markets focused on the no-confidence vote in Athens Tuesday evening, one of the big questions facing the investors is if Portugal and Ireland could fall into similar difficulties if dreaded contagion where to spread across Europe’s periphery.
Late last year, the Apple iPhone became the best-selling device at Finland’s leading mobile operator, a highly embarrassing situation for Nokia, the struggling mobile phone maker that has long been Finland’s corporate standard-bearer.
German banks want incentives to buy new Greek bonds once the old ones mature, to keep the country afloat, according to representatives of the Association of German bankers.
For more than two years, we have witnessed the economic demise of several European countries. This soon led to the financial community systematically assessing the health of several peripheral southern European countries, tumbling investment grade ratings and spikes in required rates of return on government debt of these sovereigns. As the European Central Bank continues to dole out rescue packages, many are now looking for the next country to suffer a financial attack and wondering if the euro will even survive, reports the FT.
A critical midnight vote in Athens will keep markets tuned to the latest act in Greece's financial drama Tuesday.
The volatility in the euro-dollar trade is spiking, and that could spell trouble for the euro, this analysis says.
CNBC's Michelle Caruso-Cabrera reports on Greek reaction to the debt crisis and forced spending cuts.
The International Monetary Fund has revised its growth forecast for the euro zone to 2 percent, up from 1.6 percent, despite persistent concerns about the peripheral countries.
Euro zone leaders give Greece some tough love, and the yen takes its lumps. Time for your Monday FX Fix.
Bring back the drachma! Let Greece drop out of the euro for a while and give the Greek economy the chance to recover. Back to the good old days of soft currency and depreciation ...
When Tim Geithner called into a conference call with his G7 peers Sunday night to discuss the Greek crisis, he could have been forgiven for thinking back to a Sunday night in September 2008 when he ran the New York Fed.
Dmitry Medvedev has made clear he would like a second term as Russian president but said he and prime minister Vladimir Putin would not run against each other next year, he told the FT.
The clock is ticking on Greece's efforts to pass austerity measures. Here's how to trade the drama.
Bank of America has been investing and building its corporate and banking business in the BRIC countries over the past few years. Investing in the emerging markets has been a priority and BofA will continue to do that.
The world's financial markets should take some of the blame for creating the precarious situation in Greece and the other troubled nations in the euro zone, Deutsche Bank CEO Josef Ackermann told CNBC Friday.
The talk of the second bailout of Greece is getting louder and louder. Greek Prime Minister Papandreou reshuffled his cabinet today appointed Evangelos Venizelos as finance minister, replacing George Papaconstantinou. Deutsche Bank’s CEO Josef Ackermann has been a leadership voice in the Eurozone on this issue. Maria Bartiromo spoke to Ackermann in a CNBC Exclusive about the implications of this bailout.
A deal for aid to Greece has to be stitched together in the next few days, strategists say. Here's how to trade now that it's decision time.
The agency says that financial risks have risen since April partly because of debt sustainability in Europe, with Jose Vinals, IMF monetary & capital markets director.