Insight to conversations at G7 regarding the European Union and the upcoming Brexit vote, with Karl-Theodor zu Guttenberg, Spitzberg Partners founder. » Read More
The situation facing European countries like Greece and Portugal is directly comparable to the economic crisis which hit Latin America in the late 1990s, Andy Brough, co-head of Schroders’ Pan European Small and Mid Cap team, told CNBC Wednesday.
The biggest question in any debt crisis is whether a credible path back to solvency can be found. For Greece, this now seems very unlikely, the Financial Times reports.
Why it will continue to be a bumpy ride for the euro, with Amelia Bourdeau, Westpac Institutional Bank.
Almost everyone expects the European Central Bank to raise rates this week, but you can still trade on it. Here's how.
Evangelos Venizelos, who was brought in as Finance Minister of Greece two weeks ago, said Greece's part in the euro zone was "not reversible" in a first on CNBC interview Tuesday.
China's banks are unexpectedly fragile and the Royal Bank of Australia is a dove - it's time for your VEX Fix.
The current situation in the euro zone is "untenable" and policymakers will have to either pursue greater European economic integration or see countries exit the euro, George Magnus, Senior Economic Advisor, UBS told CNBC Tuesday.
Growth in the euro zone's dominant service sector slowed for a third straight month in June, and by more than an initial estimate, with sluggish new orders dimming the outlook, a survey showed on Tuesday.
France's Casino warned archrival Carrefour on Monday that a merger of its Brazil unit and the country's biggest retailer, Grupo Pao de Acucar, could not go ahead without its consent.
The European Central Bank will continue to accept Greek debt as collateral for loans unless all the major credit rating agencies it uses declare it to be in default, said a senior finance official to the Financial Times.
"Risk on" and "risk off" continue to be debated and the weakness of the global economy is weighing on investors, but European high yield corporate bonds are enjoying something of a rally.
A Greek default is coming and the European authorities trying to avoid it will have to face up to it eventually, a leading economist told CNBC Monday.
The price of corn is the latest of a series of signals that remind investors about 2008, the year the financial crisis spread across the globe and Lehman Brothers collapsed, Simon Derrick, chief currency strategist at Bank of New York Mellon, wrote in a note Monday.
Volumes of business across the UK financial services sector slowed in the three months to June but jobs jumped, a survey published by the Confederation of British Industry (CBI) revealed on Monday.
The week's top business news and investment advice, including end of QE2 plays, European equities, financial favorites and more.
The euro had a big runup after the Greek crisis was temporarily resolved, but traders are flummoxed about next moves.
Warren Buffett famously said: "It takes 20 years to build a reputation and five minutes to ruin it."
Zero exposure to stocks is the best way to position a portfolio over the next few months as markets look set to remain volatile due to a "pretend and extend" strategy on Greece, Bruno Verstraete, CEO at Nautilus Invest told CNBC.
Japanese businesses are pessimistic and euro traders don't know what to think — it's time for your Friday FX Fix.
The second half of the year should see European stocks performing positively, Michael Browne, portfolio manager, Europe at Martin Currie, told CNBC Friday.