Russia’s typical out-of-step response to global events – the latest its refusal to condemn the Assad regime in Syria – show its increasing insignificance on the world stage, Nouriel Roubini, chairman of Roubini Global Economics and Ian Bremmer, president of Eurasia Group, argue in an op-ed in the Financial Times
Zoe Konstantopoulou, a member of parliament for the left-wing, anti-bailout Greek party Syriza told CNBC that Greece’s bailout deal was a “death sentence for Greek society.”
A Spanish plan to recapitalise Bankia, the troubled lender, by indirectly tapping the European Central Bank for cash, was bluntly rejected as unacceptable by the ECB, European officials said, the Financial Times reports.
As the euro zone economy teeters and the dollar gains on other currencies, the Federal Reserve won’t likely provide a third round of quantitative easing, former Federal Reserve Governor Randy Kroszner said Tuesday.
Europe should be “realistic,” devalue its currency and bear the pain of reforms so that it can emerge from the debt crisis stronger, like Asia did in 1997, said Bank of Thailand’s Governor Prasarn Trairatvorakul.
Europeans want more dollars. Will the Fed give it to them? Randy Korszner, University of Chicago Booth School of Business, discusses with CNBC's Larry Kudlow.
The “Mad Money” host explains how policymakers are at odds on how to solve Europe’s debt crisis.
An upcoming meeting could give the common currency a lift, this strategist says.
Stocks are well off their highs as a falling euro takes some of the wind out of an early rally, with Michael Pento, Pento Portfolio Strategies; Steven Neimeth, SunAmerica Asset Management; and CNBC's Courtney Reagan & Rick Santelli.
Matthew Cheslock, Virtu Financial and Joseph Tanious, JPMorgan Funds, discuss the impact of Europe's weakness on U.S. markets.
CNBC's Simon Hobbs reports on the market-moving action across Europe, with CNBC's Courtney Reagan. Also, a look at the hidden strategies behind acquiring the German bund, with Gary Kaminsky, Capital Markets editor. And a discussion about the beneficiaries of a euro flight, with Robert Sinche, RBS Securities.
Former Greek Finance Minister Giorgos Papakonstantinou said exiting the single currency would be disastrous for Greece. "Incomes would drop another 20 to 30 percent. Inflation would skyrocket up to 30 to 40 percent again," he told CNBC's "European Closing Bell".
CNBC's Julia Chatterly reports on recent events in Greece, the country's future and the recapitalization of Greek banks.
Irish voters head to the polls Thursday to vote on the new European treaty – but with substantial numbers of undecided voters, the result is far from a foregone conclusion and could isolate the country from the rest of the European Union.
Faced with so much market volatility and uncertainty, fund managers say they have sharply scaled back their exposure to countries in the euro-era “periphery”. They have, moreover, become highly selective about investing in banks, the Financial Times reports.
In the high-stakes game absorbing the euro zone, the stronger economies have got to show their hands to help restore stability, a former central bank official told CNBC Monday.
Greece will leave the euro zone on June 18 if the populist government wins the country’s elections on the 17 as the rest of the euro zone rounds on "cheaters," Nick Dewhirst, director at wealth management firm Integral Asset Management, told CNBC.com Monday.
The deepening euro zone crisis is threatening the integration of Eastern European nations into the single currency area, the Chief Economist at the European Bank for Reconstruction and Development (EBRD) told CNBC’s “Worldwide Exchange”.
Greece will try to attract investment by becoming more “business-friendly” and cutting taxes, a politician from right-wing New Democracy, which is leading opinion polls at the moment, told CNBC Monday.
The EU is poised to launch one of its biggest trade cases against China in a generation after telling member states it has compiled firm evidence that Beijing’s telecommunications equipment companies have benefited from illegal state subsidies. The FT reports.