Economic Regions The European Union

  • traders_NYSE_happy4_200.jpg

    Europe and the “fiscal cliff” are two of the big depressants weighing on the equity markets, Wharton school finance professor Jeremy Siegel tells CNBC. Once they're resolved, the Dow can head to 15,000, Siegel said.

  • fx_fix_1_200.jpg

    Moody's goes negative on Germany, Japan talks tough, and the British aren't buying houses — it's time for your FX Fix.

  • Oil Rig

    CNOOC's planned $15 billion takeover of Canadian oil producer Nexen shows the Chinese Communist government will not stand in the way of state enterprises' ambitions, paving the way for similar deals in future, experts told CNBC on Tuesday.

  • Euro coin in front of the giant symbol of the Euro outside the headquarters of the European Central Bank.

    The euro is hovering near multi-year lows against the U.S. dollar and the Japanese yen as a slew of negative news cements bearish sentiment towards the single currency, but analysts tell CNBC there are signs of resilience in the euro and a collapse is unlikely.

  • Businessman failure

    U.S. Treasury yields could continue to set record lows, as investors flee the latest wave of euro zone worries amid fears of global recession.

  • The start of the week will likely prove to be the worst part as Europe, China, and US concerns will all be front and center. With no central bank cavalry set to arrive this week, the markets will not be bailed out and must probe new levels to adjust for the added risk premium.

  • Fire in Florida

    Fighting fires isn't going to resolve the crisis, says this think tank guru.

  • Spain

    Spanish stocks fell sharply on Monday amid fears that a number of regional governments will ask Madrid for financial support. Meanwhile new data showed the Spanish economy contracted 0.4 percent in the three months from April to June.

  • Spain

    Record high prices of corn and soybean brought on by the worst U.S. drought in 56 years may be triggering a sense of de ja vu for Asia concerned about a repeat of the food scare in 2008, but most economists are downplaying those fears, for now.

  • The "Europe" sculpture by Belgian artist May Claerhout, showing a woman holding up the symbol of the Euro, stands outside the European Parliament building.

    Marc Lasry has never been afraid to go his own way. After betting on Obama in 2008, and on Ford in 2009, the hedge fund owner is now putting his money on a long-term European comeback, the New York Times reports.

  • A woman leaves a branch of Barclays Bank in central London, Monday, April 23, 2007. ABN Amro NV and Barclays PLC announced Monday they have agreed to merge, in the largest cross-border combination in European banking history. (AP Photo/Sang Tan)

    The flaws in the rate-setting process have been exposed by the latest banking scandal. Regulators around the world are investigating whether big banks gamed the rates for their own benefit before and after the financial crisis, the New York Times reports.

  • fx_fix_1_200.jpg

    Aid to Spain leaves the euro in pain and commodity prices lift the loonie - it's time for your Friday FX Fix.

  • Witch

    The euro may be winning the unpopularity contest in the markets at the moment, but the dollar is close behind, according to David Bloom, head of foreign exchange strategy at HSBC.

  • As economic and social tensions — not to mention borrowing costs — reach boiling point in Spain, the country has no choice but to introduce even more cost savings if it is to regain solvency, Barclays' Chief Southern European Economist told CNBC on Friday.

  • Spain

    Anyone holding Spanish stocks should sell before Madrid is forced to go cap in hand to the European Union and International Monetary Fund, according to analysts at S&P Capital IQ.

  • France

    French residents with assets valued above 4 million euros ($4.9 million) will pay more than double what they had expected in wealth taxes this year, after the country’s parliament voted through an emergency measure to raise €2.3bn for the cash-strapped government, the Financial Times reports.

  • E.U. Flags

    As European governments pass key measures, the crisis only worsens, the Global Post reports.

  •  Greece Is Great Value for Money: Tourism Minister

    Greece's tourism industry has suffered a serious decline in revenue over the past year as political instability and questions over whether the country would exit the euro saw holiday makers opt for other destinations instead, but with a new coalition government in place, the industry is fighting back.

  • Beijing, China

    There are plenty of investors and analysts who are optimistic. After three straight months of outflows, emerging market equity funds tracked by EPFR Global attracted more than $700m of investments in the first two weeks of July, reports the Financail Times.

  • Credit Crisis

    The very existence of the London Interbank Offered Rate (Libor) has been threatened by the escalating scandal involving banks allegedly manipulating the rate during the credit crisis.