Economic Regions The European Union

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  • 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.

  • Is a Euro Zone Liquidity Problem Brewing? Thursday, 16 Jun 2011 | 4:28 PM ET
    Betty Davis in 'All About Eve'

    More Greek drama: rapid price changes in a corner of the currency markets suggest banks are worried about an interbank lending freeze, absent a rescue plan for Greece.

  • Bouroudjian: Finding Opportunity in the Greek Crisis Thursday, 16 Jun 2011 | 2:13 PM ET
    Riot policemen push back demonstrators as they try to approach the finance ministry in Athens.

    When you have a country with a debt-to-GDP ratio that rises above 150%, historically that country defaults. I bring this up because the debt-to-GDP ratio in Greece is somewhere in the neighborhood of 160%.

  • Greece Strikingly Similar to Lehman, Says Its CEO Thursday, 16 Jun 2011 | 1:25 PM ET
    Greek riot policemen clash with protestors in the center of Athens on May 5, 2010.

    The executive in charge of restructuring Lehman Brothers sees some "striking" similarities between his company and Greece, he told CNBC Thursday.

  • A World Awash in Debt Thursday, 16 Jun 2011 | 11:47 AM ET

    Regardless of whether there is another Greek “save”, preventing the actual default that still seems inevitable, the fact remains that adding debt to try and solve a debt crisis is a moronic approach when your interest costs already exceed your tax revenues (as is currently the case in Greece).

  • Markets Jittery as Greek Debt Crisis Worsens Thursday, 16 Jun 2011 | 9:20 AM ET
    A protester kicks a riot police officer during a general strike against government austerity plans, in Athens.

    Markets took a tumble on Thursday on fresh worries about the Greek debt crisis and European policy makers were urged to come up with a credible plan to restructure the country's debt.

  • Greece Adds More Muck to Forex Thursday, 16 Jun 2011 | 8:10 AM ET
    fx_fix_1_200.jpg

    The euro is sliding, the safe-haven Swiss franc is rising, and everyone is watching Greece — it's time for your FX Fix.

  • Uncertainty Spooking Markets Thursday, 16 Jun 2011 | 7:00 AM ET
    Uncertainty Spooking Markets

    Investors are watching Greece and worrying about the markets. Sarat Sethi, Douglas C. Lane & Associates and Stuart Schweitzer, JPMorgan Private Bank weigh in on the global economic future.

  • Bear-Resistant Euro Won't Go Down: Gartman Thursday, 16 Jun 2011 | 1:34 AM ET
    One euro and U.S. dollar

    The dollar will stay at around the $1.40 mark against the euro for some time as both currencies face downward pressure and the euro is resistant to bearish news, Dennis Gartman, hedge fund manager and author of The Gartman Letter, told CNBC Wednesday.

  • Investors Bet on Prospect of 'Greek Accident' Thursday, 16 Jun 2011 | 12:13 AM ET
    greece_flag_cracked_200.jpg

    A new bet has been placed on the the Greek debt crisis. It backs a growing view among investors that Athens may be about to suffer a messy default that could spark a run on the country’s banks and a deeper eurozone crisis, the FT reported.

  • Thursday Look Ahead: Greece Could Keep Markets on Edge Wednesday, 15 Jun 2011 | 8:39 PM ET
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    The Greek debt crisis fanned a broad sell off Wednesday and it will no doubt keep markets on edge Thursday.

  • Sell Euros, Buy Gold, Strategist Says Wednesday, 15 Jun 2011 | 4:46 PM ET
    Gold

    Gold is almost like another currency these days, and this strategist thinks it has room to run against the euro.

  • Why Greece Is Not the Next Lehman Wednesday, 15 Jun 2011 | 11:59 AM ET
    Protestors are seen on the Syntagma square during a protest against plans for new austerity measures.

    As Europe struggles to find a fix for Greece—and Greek citizens take to the streets—traders worry that a Greek default might be like the failure of Lehman or worse. Are they right?

  • Busch: MIM Currency Trades Update Wednesday, 15 Jun 2011 | 10:21 AM ET
    currencies_200.jpg

    On Friday’s Money In Motion, I had two trades that I liked for this week. Here's what to do with them now.

  • Greece Fears Grate, Swiss Growth Deflates Wednesday, 15 Jun 2011 | 9:31 AM ET
    fx_fix_1_200.jpg

    Default fears persist, Swiss economic outlook lists, Chilean peso lifts. Time for your FX Fix.

  • All Talk, No Action In Europe Tuesday, 14 Jun 2011 | 12:05 PM ET
    Euro bills

    Euro zone finance ministers are meeting on the debt crisis - again. But this strategist isn't expecting much.

  • Ireland's 12.5 percent corporate tax rate is "not negotiable," Finance Minister Michael Noonan told CNBC Tuesday.  That's despite costing the nation in higher interest payments under the bailout agreement with the International Monetary Fund and the European Union.

  • Manufacturing Drives Europe Recovery, UK Lags Tuesday, 14 Jun 2011 | 4:52 AM ET
    factory_worker_200.jpg

    1st paragraph of story should go here

  • Spain Re-Coupling to Re-Form PIGS? Tuesday, 14 Jun 2011 | 4:09 AM ET
    Spain

    As European headlines focused their attention on Greece, Spanish debt yields rose steadily in the last few weeks, with the spread versus the German bund now standing at around 250 basis points.

  • Buy Euro, Sell Swiss Franc: Contrarian Analyst Tuesday, 14 Jun 2011 | 2:59 AM ET
    euro_bill_500_200.jpg

    With the Swiss Franc sitting at a record high against the euro one analyst told CNBC.com that it could be time to bet against the safe haven currency.