France’s economy will come through and “resist the crisis” despite worries about low growth and the need for labor market reform, its Finance Minister Pierre Moscovici told CNBC.
Peter Griffin, head of global risk assessment and sovereign fixed income at Global Interest Rates Limited, says a Greece debt deal is unlikely until September 2013.
France’s socialist government seized on better than expected economic growth figures to reject concern that France could become the next focus of the euro zone crisis, insisting it is acting to reform the flagging economy. The FT reports.
European bank debt, once an investment pariah, is suddenly popular. The NYT reports.
Spain's economy is sinking deeper into recession, experts agree that the country will miss its budget targets and a several ECB officials have said Spain urgently needs a bailout, yet the bond market is dancing to a completely different tune.
Oil prices have risen over the last 24 hours following Israel’s offensive against Palestinian militants in the Gaza Strip, while Israeli stocks and the shekel have weakened, but one analyst told CNBC that markets shouldn’t worry unless Iran becomes involved.
As Southern Europe looks to be getting its house in order in the wake of the currency bloc’s debt crisis, a new report suggests France’s weaknesses are now becoming even more apparent.
Japan could face aggressive new stimulus moves and the euro zone is back in recession — it's time for your FX Fix.
CNBC's Kelly Evans reports on all the market moving events from Europe, as Germany confirms its economy has slowed further in the third quarter.
The more of a bank’s balance sheet is equity, the less room there is for deposits. So what is the “right” level, Moorad Choudhry asks.
Juergen Michels, chief euro zone economist at Citigroup, tells CNBC why signs of weakness in the area suggest the recession will worsen further.
The clouds hanging over European consumers and dampening spending show no sign of lifting, as consumer confidence in the region continues to be the lowest in the world.
Samsung sold more smartphones than Apple in the third quarter of 2012, as consumers postponed purchases in anticipation of the iPhone 5, new research showed on Tuesday, while Nokia slipped down the rankings to be overtaken by Blackberry maker Research in Motion.
CNBC's Ross Westgate reports on all the market moving events from Europe, as stocks retreat from the previous day's gains.
Output from euro zone factories in September fell by the most since January 2009, dragged down by Germany's spluttering industry that is succumbing to the impact of three years of crisis.
Hans Redeker, global head of foreign exchange strategy at Morgan Stanley, explains to CNBC the disagreement between the EU and the IMF over the best way to provide the next tranche of bailout funds for Greece.
As unpalatable as it seems to euro zone policymakers, a sizeable reduction in Greece’s debt load is necessary to make the country’s debt sustainable in the long-term, according to a new report from Goldman Sachs.
CNBC's Kelly Evans reports on all the market moving events from Europe, as new economic data shows the euro zone debt crisis is taking its toll on Europe's largest economy.
Justin Knight, head of European rate strategy at UBS, explains to CNBC the differences between the EU and the IMF in their considerations regarding a two-year extension of bailout funds for Greece.
The euro, which hit a two-month low against the dollar on Tuesday as hopes that Greece would receive essential aid soon, faces further losses as concern about Greece’s future grow, currency analysts warn.