A plan to create a single euro zone banking supervisor is illegal, according to a secret legal opinion for EU finance ministers that deals a further blow to a reform deemed vital to solving the bloc’s debt crisis, the Financial Times reports
David Owen, Chief European Economist, Jefferies International discusses whether the euro zone will further integrate into a fiscal union.
The challenge for corporates in the post-crash environment is to remain competitive. That calls for stronger engagement with customers, and sticking to one’s areas of genuine expertise, not necessarily becoming bigger, argues Moorad Choudhry.
CNBC's Kelly Evans reports on all the market moving events from Europe, including a look at the Spanish IBEX, the main gainer in Wednesday morning trading.
The fall has heralded a period of relative calm in the euro zone, which has been the focus of market worries for much of the past two years.
Norway, which chose to remain outside the EU and the euro currency, enjoys an enviably stable economy and a booming housing market — but it could be going down the perilous route taken by Spain and Ireland, according to economists and recent analysis.
Germany seems to be thawing toward Greece, but what this means for the euro is complicated. And then there's Spain.
CNBC's Simon Hobbs reports on all the market-moving events from Europe, as hopes rise on Spanish bailout possibility.
Earnings lift the dollar and Panama wants in on the euro — it's time for your FX Fix.
The books for the new euro zone bailout fund bond are expected to open Tuesday, and the demand and pricing for the bond could show plenty about how the market views the euro zone’s prospects for success in the tussle with its debt crisis.
Europe faces a winter of discontent as austerity cripples southern Europe and heightens public anger over measures taken to soothe policymakers in Brussels, Alastair Newton, Senior Political Analyst at Nomura told CNBC Tuesday.
CNBC's Ross Westgate has the update on overseas markets, with banks leading the gainers.
CNBC's Kelly Evans reports on all the market moving events from Europe, including a report Spain is ready to request a bailout.
Greece’s economy, in its fifth year of recession, is showing “tentative signs” of stabilization despite on-going political uncertainty, according to the latest research note from Credit Suisse. The bank pointed to increased industrial production and exports, as well as an improvement in competitiveness that is “well under way,” but also warned of the growing social cost.
Europe's new car market shrank at the fastest pace in the past 12 months in September, leaving nearly all major brands nursing double-digit declines as a deepening balance sheet recession in the euro zone took its toll on carmakers.
Jacques Cailloux, Chief European Economist, Nomura says that the EU is not ready to manage a Greece exit yet.
Gerry Grimstone, Chairman of Standard Life says the euro zone continues to be rife with uncertainty. He adds that the biggest danger for the bloc is if policymakers make a mistake at some point.
Spanish Prime Minister Mariano Rajoy has deferred seeking help from a financial assistance program that Europe has tailored to Spain’s needs. But many are increasingly worried about the costs of further delay.
Spain is taking its time asking for a bailout, and this strategist has a way to trade the stalling.
Euro awaits a move by Spain and China fools the forecasters - it's time for your FX Fix.