Economic Regions The European Union

More

  • greece_church_flag_200.jpg

    A critical midnight vote in Athens will keep markets tuned to the latest act in Greece's financial drama Tuesday.

  • Rough Ride for Euro Dollar Trade Monday, 20 Jun 2011 | 1:55 PM ET

    The volatility in the euro-dollar trade is spiking, and  that could spell trouble for the euro, this analysis says.

  • Greeks React to Rescue Delay Monday, 20 Jun 2011 | 1:03 PM ET
    Greeks React to Rescue Delay

    CNBC's Michelle Caruso-Cabrera reports on Greek reaction to the debt crisis and forced spending cuts.

  • IMF Upgrades Euro Zone Growth Forecast Monday, 20 Jun 2011 | 12:16 PM ET
    John Lipsky

    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.

  • Hardball in Europe, Hard Times in Japan Monday, 20 Jun 2011 | 7:44 AM ET
    fx_fix_1_200.jpg

    Euro zone leaders give Greece some tough love, and the yen takes its lumps. Time for your Monday FX Fix.

  • For Greece It's About Confidence Not the Euro Monday, 20 Jun 2011 | 5:04 AM ET
    Riot police and protester clash around recycle bin during demonstration at anti-austerity rally.

    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 ...

  • Markets Wait for EU to Make Decision on Greece Monday, 20 Jun 2011 | 3:32 AM ET
    European Central Bank

    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.

  • Medvedev Rules Out Poll Tussle with Putin Monday, 20 Jun 2011 | 12:40 AM ET
    Russian President Dmitry Medvedev

    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.

  • How to Trade Greek Drama Friday, 17 Jun 2011 | 6:44 PM ET
    Greek Labor Unions Strike

    The clock is ticking on Greece's efforts to pass austerity measures. Here's how to trade the drama.

  • BofA Invests in BRICs Friday, 17 Jun 2011 | 3:47 PM ET
    A Bank of America branch.

    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.

  • A man walks outside the Bank of Greece headquarters during a demonstation against government's austerity measures in central Athens.

    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.

  • Deutsche Bank's CEO: Greece Impact on Eurozone Friday, 17 Jun 2011 | 3:17 PM ET
    greece_protest_061511_9_240.jpg

    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.

  • How to Trade Decision Time for Greece Friday, 17 Jun 2011 | 11:54 AM ET
    greece_protest_061511_9_240.jpg

    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.

  • IMF on Financial Risks Friday, 17 Jun 2011 | 10:17 AM ET
    IMF on Financial Risks

    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.

  • fx_fix_1_200.jpg

    Greece's crisis is roiling global currency markets,  but bitcoins - yes - are unscathed. Time for your Friday FX Fix.

  • Greek Reshuffle Fails to Boost Confidence: Official Friday, 17 Jun 2011 | 6:57 AM ET
    A protester kicks a riot police officer during a general strike against government austerity plans, in Athens.

    Greece's hasty cabinet reshuffle has failed to boost confidence both domestically and internationally in the ability of the Greeks to help themselves out of the deepening debt crisis, Konstantinos Michalos, president, Athens Chamber of Commerce and Industry, told CNBC Friday.

  • Russia and China Best of BRICs: Jim O’Neill Friday, 17 Jun 2011 | 6:39 AM ET
    Jim O'Neill

    Russia and China are the most attractive BRIC countries at the moment, according to Jim O’Neill, Chairman of Goldman Sachs Asset Management.

  • Spanish Firewall 'Illusion' in Danger: Fund Manager Friday, 17 Jun 2011 | 2:08 AM ET
    Spain

    Following a disappointing bond auction in Madrid on Thursday, the firewall that markets thought existed between Greece, Portugal and Ireland and the much bigger and systemic economies of Spain and Italy is in danger of being shown to be an illusion, according to Mike Riddell, a fund manager at M&G in London.

  • Greece

    The sluggish state of the U.S. economy will once more be the grist for markets, if Greece's short term financing needs are met.

  • What Happens If Greece Defaults? Thursday, 16 Jun 2011 | 5:14 PM ET
    If Greece defaults on its sovereign debt, the effects will be global. Everyone from Japanese savers to US retirees is likely to feel the effects. Let's run through the dominoes that could fall after a Greek default.

    What happens if Greece defaults? Everyone from Japanese savers to US retirees is likely to feel the effects. Learn more.