Economic Regions The European Union

  • European Central Bank President Mario Draghi testifies before the European Parliament's economic affairs committee in his role as the head of the European Systemic Risk Board on May 31, 2012 in Brussels.

    Financial markets spiked Friday on a report that ECB President Draghi may propose new measures to ease Europe's debt crisis.

  • German Chancellor Angela Merkel

    Even as hundreds of thousands of German tourists head south for their holidays on the front line beaches of the euro zone crisis, the politicians and commentators left behind are indulging in an orgy of speculation about whether Greece can long last as a full participant in the common currency, the Financial Times reports.

  • Jim Cramer

    The "Mad Money" host sifts through all the negative and urges investors to find the silver lining in this stock market.

  • The Spanish region of Valencia inadvertently rose to fame last Friday when it was the first region to officially ask for aid from the newly created 18 billion euro Regional Liquidity Fund to help meet its debt repayments in the second half of the year.

  • European Central Bank President Mario Draghi testifies before the European Parliament's economic affairs committee in his role as the head of the European Systemic Risk Board on May 31, 2012 in Brussels.

    European Central Bank President Mario Draghi pledged on Thursday to do whatever was necessary to protect the euro zone from collapse, sending markets and the euro higher Thursday afternoon.

  • Bosideng.jpg

    With a seemingly never-ending debt crisis which has prompted a slowdown in consumer spending, investing in Europe might not appear particularly attractive right now. But Bosideng, a Chinese fashion brand specializing in down-filled clothing, thinks differently.

  • chart_down.jpg

    With growth slowing across most major markets, one well-known stock market bear is predicting big losses for stocks in the third quarter, despite the chance of further central bank action to help shore up confidence.

  • Although the athletes on the playing surface may be sporting them, that doesn’t mean spectators should feel free to bring bicycles, folding bikes, roller-skates or skateboards into venues. They’re too large to fit under a seat or on a lap, and would certainly be a nuisance to others. Biking is popular in London, so an announced ban on non-folding bicycles on trains during the Olympics was lifted

    So what are some of the prohibited and restricted items in 2012 Olympic venues? Click ahead for some of the most interesting examples.

  • plaza reial barcelona spain

    Residents of Catalonia will proudly claim that its region is the wealthiest of all regions in Spain and highlight the region's attractiveness for tourists, Barcelona's importance as shipping hub and the concentration of industrial activity around the Catalan capital. But while the beauty of Catalonia is worth boasting about, the region's finances are looking ugly.

  • Spain

    The rise in Spain’s bond yields to above 7 percent raises the issue of potential further ratings downgrades for the country.

  • Jim O'Neill

    The euro zone debt crisis has reached a critical level and has left the bloc with limited time to find a solution, Jim O’Neill, Chairman at Goldman Sachs Asset Management told CNBC on Wednesday.

  • Euro bills

    The euro is hovering close to the crucial 1.20 level against the dollar — and analysts warn it will fall even further without further intervention by euro zone authorities.

  • european_flags_200.jpg

    Germany’s borrowing costs may be below those of the US – that safest of havens – but that has not spared Berlin from being given a negative outlook by Moody’s, the credit rating agency, the Financial Times reports.

  • 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.