CNBC's Simon Hobbs reports on all the market moving events in Europe today, including the mayoral election in London. » Read More
Private debtholders, including euro zone banks, should accept a debt extension or other form of "soft default" to alleviate the debt burden for countries such as Greece if Europe wants a solution to the sovereign debt crisis, Bill Gross, Co-CIO of PIMCO told CNBC on Tuesday.
It has almost been two years since US President Barack Obama took the stage at Cairo University, reaching out to a mesmerized audience and seeking "a new beginning between the United States and Muslims around the world".
The best type of restructuring for investors is austerity, a type of debt default that sees a government renege on its obligations to its own people rather than bond holders according to Christian Gattiker-Ericsson, the chief strategist and head of research at Julius Baer.
Fitch became the second ratings agency to threaten Belgium with a credit downgrade on Monday, saying a lack of government undermined budget efforts in one of the euro zone's most indebted states.
German taxpayers are unhappy about a Greece bailout, says Dennis Gartman, The Gartman Letter.
John Lipsky, acting managing director of the International Monetary Fund, told CNBC Monday he will be retiring Aug. 31 when his term as first deputy ends.
CNBC's Jim Cramer says Greece's debt problem is holding the rest of Europe hostage and that it might be a good idea to let the Greek banks default and move on. Cramer also defends his favorable position on Salesforce.com.
Greece will create a sovereign wealth fund composed of real estate and state-owned assets as it looks to accelerate its deficit reduction program, according to the Greek finance minister George Papaconstantinou.
Increasing European fiscal fears sends the U.S. dollar soaring, with Andrew Busch, BMO Capital Markets, and the Fast Money traders.
On last Friday's Money In Motion, I recommended a trade on the euro. Here's an update.
Is now the best time to invest in this beaten down region? Michael Stack, Scout International Discovery Fund, and Dan Veru, Palisade Capital Management discuss investing in Europe.
Europe rattles investors across the planet on concerns the debt crisis is worsening. Fernando Teixeira Dos Santos, Portugal minister of state/finance discusses Portugal's recently approved bailout.
How unloved is the euro? Even Iceland is spewing the single currency. Time for your FX Fix.
The European Union has extended a blacklist of individuals and companies with links to Iran’s nuclear and ballistic missile programs as it looks to clamp down on investment and technology transfer into the country.
With divisions over how to respond to the Greek debt crisis worrying investors, one analyst believes there are considerable short-term risks for the euro.
The CEO of Europe's largest insurer by gross premiums and market capitalization has called for more aid for Greece and a plan to help the country's growth, according to German media reports.
As he prepares to stand down from the European Central Bank later this year, Jean-Claude Trichet could be forgiven for asking himself why he bothers. Having steered the euro zone through crisis after crisis, the criticism of his time running Europe’s central bank gets louder and louder.
S&P cut its outlook on Italian debt at the weekend, citing fear over its growth record, weak reform process and the likely impact of reducing its high government debt.
Upscale British shoemaker and retailer Jimmy Choo was bought by luxury goods group Labelux from TowerBrook Capital Partners LP, the companies said on Sunday.
The European Central Bank is facing a potential crisis of its own because of "skeleton" risks amounting to several hundreds of billions of euros on its balance sheet, Dow Jones reported quoting Der Spiegel magazine.