Economic Regions The European Union

  • A Finnish Parallel Currency Is Imaginable

    In the past couple of years, as the eurozone woes have unfolded, international investors have been transfixed by one small country on the edge of the region: Greece. They would do well to keep watching another tiddler: Finland. For while Finland has not created much drama, precisely because it is one of the strongest eurozone members, some fascinating discussions are under way, the FT reports.

  • UK Tries Another Tack to Jumpstart Funding to Small Business

    It’s a timeless question: how do you fund a start-up when you have no capital? But for entrepreneurs in the U.K. funding has become especially harder to find since the credit crisis.

  • EU Woes Weigh on Earnings

    CNBC's Kelly Evans discusses European woes weighing on the markets, saying the European story is bad for multinationals and much worse for Europe.

  • Good News That South Korea's Still Growing

    Shane Oliver, Head of Investment Strategy and Chief Economist, AMP Capital says South Korea's small third-quarter gain is still good news since it means the country is avoiding a recession.

  • If you really want to preserve the euro, this think tank says, look south.

  • Confusion Reigns Over Greece Bailout Extension

    Confusion reigned on Thursday, a day after Greece’s finance minister told the parliament that Greece had received an extension on its bailout, with the European Central Bank and Germany denying a deal had been done.

  • WPP cut its revenue outlook for the second time this year on Thursday on Europe amid continuing pressure on customer budgets in Europe and North America, WPP CEO Sir Martin Sorrell tol CNBC, highlighting four "grey swans" that threaten the global economy.

  • Global Markets: European Shares Higher

    CNBC's Ross Westgate reports on all the market moving events from Europe, as stocks got a boost from earnings showing a mixed outlook for the economy.

  • Bad Time for Bears Despite Fiscal Cliff: Money Manager

    It’s a good time to be a an investor despite global economic uncertainty and the “fiscal cliff,” Michael Crofton, president and CEO of Philadelphia Trust Company, told CNBC.

  • European Shares Close Higher Despite Weak PMI

    CNBC's Simon Hobbs reports tech stocks lead euro zone markets higher, despite poor data on manufacturing output; CNBC's Rick Santelli takes a closer look at housing; and an update on U.S. markets, with CNBC's Bob Pisani.

  • How Goldman Sachs Manages Client Money

    Jim O'Neill, Goldman Sachs Asset Management chairman, discusses the euro zone crisis; opportunities in China; and the impact of U.S. elections on the economy, with CNBC's Gary Kaminsky.

  • Buffett: Euro Zone Banking Problem Clouds Recovery

    It is going to be very tough for Europe to have austerity and at the same time grow GDP, said Warren Buffett, Berkshire Hathaway CEO, referring to the euro zone's economic problems.

  • A Sign of Recovery: Back to the Old Normal?

    An interesting chart on page 72 of this week’s Economist shows European bank funding costs falling below that of investment-grade corporates for the first time since 2009. This may not have the headline-grabbing weight of an improvement in the inflation or unemployment statistics, but it is just as significant.

  • The biggest bank in the Nordic region has warned that demand remains weak and competition for deposits remains intense, even as some of the risks from the euro zone debt crisis have subsided.

  • The Immeasurable Risk European Banks May Be Hiding

    There is growing concern among policymakers and analysts that the true extent of European banks’ debt problems is being masked.

  • We’ll Watch Global Economy Closely: Volvo CEO

    Global macro-economic headwinds will be the factor to watch most closely over the coming months as uncertainty abounds, Olof Persson, CEO at Volvo Group told CNBC’s “Squawk Box.”

  • Global Markets: EU Shares Fall After PMI Data

    CNBC's Ross Westgate, reports on all the market moving events from Europe, as stocks fall after data showed poor manufacturing output in the euro zone.

  • Mario Draghi, President of the European Central Bank

    Mario Draghi, the President of the European Central Bank (ECB), is focusing on one of the most important aspects of his job Wednesday – keeping Germany onside.

  • Fixing the Fiscal Cliff

    Gary Dugan, CIO, Asia & Middle East, Coutts says that the U.S. economy could see a recession if the fiscal cliff is not fixed.

  • Spain’s ‘Vicious Circle’ Worsens as Moody’s Downgrades Regions

    With Spain looking increasingly likely to miss this year’s deficit target, credit rating downgrades for several of its regions, and its borrowing costs showing an uptick things aren’t getting any better for the country, with one analyst telling CNBC that the country is caught in a “vicious circle”.