Economic Regions The European Union

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  • Euro bills and coins in cash register tray

    European leaders can't seem to agree on how - or whether - to help Greece. But they sure aren't helping the euro.

  • Risk is off, debt worries are on, and the dollar is in again - time for your FX Fix.

  • The debt crisis facing the developed world is big and will take a generation to resolve, Angel Gurria, Secretary General of the OECD, told CNBC Thursday.

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    Europe’s recovery is on track, but reform of the financial services sector and strong policy action to improve the fiscal health of EU member states is needed in order to prevent future crises, the International Monetary Fund has said.

  • Greece Negatives Priced In?

    Looking at an under the radar way to play the action in Greece, with Andrew Busch, BMO Capital Markets/Money in Motion currency trader.

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    Sovereign debt is weighing on the euro, but the loonie is lifting off again. Time for your FX Fix.

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    The boss of French banking giant BNP Paribas has told CNBC that he sees no risk of contagion from the problems facing Greece, Portugal and Ireland.

  • Young Indian Muslims pose with placards during a protest rally against the ongoing political turmoil in Bahrain, Libya, and Yemen.

    The Reuters correspondent in Bahrain, Frederik Richter, has been asked to leave the country amid what critics say are steps to stifle free reporting in the kingdom

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    Britain's economy is unlikely to grow as fast as before the financial crisis because its most productive sectors have been hardest hit, jeopardising government plans to cut the deficit, reports the FT.

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    Rumor in the market today is that another 60 billion Euros will be flowing to Greece from the EU or the IMF, or maybe both. It really should come from the IMF in my mind since they are the yahoo's that predicted long term interest costs for Greece would be 5.6% in 2012. While there is always a chance for a miracle, long term Greek bonds are at an almost 16% yield. So if Greece is to get money, it'll have to come from the EU or the IMF.

  • Euro bills and coins in cash register tray

    Germany and the rest of Europe will loan Athens more money to keep Greece servicing its debt and prevent writedowns by European governments and banks on loans they've already made to Greece.

  • Euro bills and U.S. dollars being exchanged

    The euro has dropped more than 5% against the dollar in a matter of days. But this strategist says it won't last.

  • Rumor time for the euro, good times for commodity currencies. Time for your daily FX Fix.

  • Who Does Greece Owe?

    CNBC's Simon Hobbs has the story on what the Greeks owe that makes the rest of Europe so scared.

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    The plan to deal with the euro zone debt crisis and avoid restructuring before 2013 is failing, Willem H. Buiter, Chief Economist at Citi Investment Research and Analysis said on Tuesday.

  • Chancellor of the Exchequer George Osborne holds Disraeli's original budget box as he leaves 11 Downing Street for Parliament.

    Europe should help countries that are in trouble but these countries need to show that they are tackling their deficit problems themselves, like Britain has done, UK Chancellor of the Exchequer George Osborne told CNBC in an interview Tuesday.

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    Greece on Tuesday denied a Dow Jones report that it expects a new aid package of nearly 60 billion euros ($85.71 billion) to deal with its debt crisis.

  • The Parthenon in Greece

    As far as Europe’s real economy is concerned, the problems on the periphery are just that, peripheral, according to Credit Suisse’s Robert Barrie.

  • Global Markets

    Last week spelt the end of the inflation story and this is a reason to be bullish. That is the view of UK-based Michael Browne, a fund manager at Martin Currie.

  • Bullish on Europe

    Discussing changes in Greece's bailout program, and European economic outlook and investment opportunities, with David Marcus, Evermore Global Advisors and CNBC's Steve Liesman.