BRATISLAVA/ WARSAW, July 28- Britain wants a bespoke model for its future ties with the European Union, Prime Minister Theresa May said on Thursday, during a tour of Eastern European allies aimed at securing support in negotiations on leaving the bloc. In the five weeks since Britons voted to quit the EU, politicians have tried to solve the riddle of how to restrict... » Read More
The euro is on a downward path against the dollar, though the pair are likely to remain in the same general range they have been trading in for the past two years, because the greenback is not necessarily a better currency.
Known for their strong work ethic and no-nonsense attitude, the Dutch were close to losing their patience with troubled Greece earlier this year. But with the AAA-rated country now also firmly among the euro zone’s budget sinners, it needs to get its books in order fast.
'Tis the season for a major commodity currency to do well, this strategist says.
Some of the greatest and best-educated brains in the euro zone have pondered the question: how would you break up the euro zone?
Like a marriage that no longer works, the euro zone should accept its fate, split up and get divorced, according to Roubini Global Economics.
Experts say that without healthy economic growth, the euro zone's young will continue to be hit hard by unemployment – and the blow will likely leave them scarred.
If the ongoing gas leak at French oil company Total’s Elgin-Franklin well is not brought under control, the firm could see its share price drop by 50 percent, according to Stuart Joyner, head of oil and gas at Investec Securities.
Despite a better first quarter than expected in the stock markets, opinion is still divided on the fate of the euro zone.
Concerns over Spain, high oil prices and the speed of an economic slowdown in China will lead to a shift in investor sentiment in the second quarter, prompting a pause in the rally that saw markets climb to multi-year highs in the first quarter of 2012, analysts said on Monday.
Russian authorities closed Moscow's Red Square on Sunday and detained dozens of people trying to hold a silent anti-government protest there, prompting opposition charges that they were denying Russians their right to free assembly.
Prime Minister Mario Monti urged China on Saturday to step up investment in Italy and tried to reassure Beijing that the euro zone debt crisis was close to resolution and tough economic reforms passed by his government were working.
The euro zone gets a bigger firewall and the yen gets a year-end lift - it's time for your Friday FX Fix.
Global IPO activity for the first quarter of 2012 fell to its lowest level since the second quarter of 2009, according to a new report from Ernst & Young.
Spain was the first test of the euro zone's determination to impose tight discipline in its new fiscal regime, and it has failed, Juergen Stark, a former executive member of the European Central Bank's board, told CNBC on Friday.
The euro needs to sink to parity with the US dollar in order to restore Europe’s peripheral economies to growth, Nouriel Roubini, the economist known as “Dr. Doom” for his bearish predictions, told CNBC Friday.
Painful reforms are needed in the euro zone to contain the debt crisis and officials should not rely only on the European Central Bank's measures to boost liquidity to solve the issues, Juergen Stark, former member of the ECB's board, told CNBC.
"The euro zone needs a real depreciation in the periphery to achieve the restoration of growth, external balance and competitiveness," economist Nouriel Roubini told CNBC at the Ambrosetti workshop in Italy.
European markets flashed a very clear warning signal today, which has left some investors to question if the ECB-inspired honeymoon is over.
Recent economic data suggest the U.S. economy will power ahead of Europe in the first half of 2012, with consumers growing increasingly confident and boosting activity in the former while more reforms are needed in the latter to boost growth, the Organization for Economic Cooperation and Development (OECD) said in a report on Thursday.
The OECD warns the euro zone nations are falling behind the U.S. and Canada as a fragile recovery takes root in advanced economies. Insight with Angel Gurria, OECD secretary general.