LONDON, July 29- Banks from Italy, Ireland, Spain and Austria fared worst in the latest European Union stress test, which the region's banking watchdog said on Friday showed there was still work to do in order to boost credit to the bloc's economy. "While a number of individual banks have clearly fared badly, the overall finding of the European Banking Authority- that... » Read More
Stocks staged a massive rally Monday after investors became convinced that the European debt crisis, once and for all, just might be fixed. Not convinced? Don't worry, you're not alone.
Alessio De Longis, OppenheimerFunds, discusses volatility in the currency markets and also answers to whether the euro will exist a year from now.
Market chatter about a European recession is increasing but Christian Noyer, governor of the Bank of France, told CNBC on Monday that despite an expected weak fourth quarter, the French and Italian economies are not as bad as it seems.
After a week that saw stocks fall heavily and euro zone borrowing costs rise sharply, a report in the Italian press highlighted just how eager for some kind of action the market is.
There will be huge opportunities for investors over the next 16 to 20 months because markets will soon reach a "cathartic moment" as they head towards total dire straits, a chief economist told CNBC.
The funding hole for European banks is deepening following a sharp fall in bond issuance this year as market turmoil leads to a region-wide credit crunch, the Financial Times reports.
With talk of a possible euro zone breakup on the rise, here's way to value some possible outcomes.
The lamps of liquidity are going out all across Europe.
Researchers at Exclusive Analysis who expected a “sudden crisis” scenario to unfold by November 26 have put back the expected arrival date of such an event, saying a crisis is now not likely to unfold until the end of January as new technocratic governments in the euro zone offer the region temporary relief.
Italy's bond auction is a flop, and human currency traders haven't done much better - it's time for your FX Fix.
Mark Malloch-Brown, chairman of EMEA at FTI Consulting, "the absence of any credible short-term plan to stabilize the Euro is Merkel's big achilles heel."
The euro zone's formidable couple—Merkozy, as the media calls German Chancellor Angela Merkel and French President Nicolas Sarkozy—were on the brink of divorce more than once.
There is clearly a risk that the UK will head into recession in the final quarter of the year, the Bank of England's Monetary Policy Committee member Ben Broadbent told CNBC Thursday.
With stocks in Europe and the U.S. falling to 7-week lows and plenty of gloom around, investors may be hard-pressed to find cheer this Thanksgiving. But if you were forced, in between Turkey bites, to list some reasons to be thankful for, we’re offering you five.
Robert Zagunis, Jensen Quality Growth Fund, discusses how to invest as the markets digest economic malaise in Europe and uncertainty in China.
German bonds aren't selling, yields on Spanish and Italian bonds are squeezing, and the euro is showing the strain. Good thing someone's dispensing tough love.
'Fast Money' pro takes a mulligan on currency trade a day after going long.
For all the supercharged attention leading up to the non-report from the congressional supercommittee on deficit reduction, it's hard to come to any other conclusion that — for now, at least — no one really cares.
It’s easier to celebrate Thanksgiving in Washington, DC - not only are we surrounded by the symbols of liberty and democracy, but the politicians all leave for home. Peace and dignity settle on our stunning parks and monuments, and residents are reminded that this is a magnificent place.
The euro zone has weapons to tackle the current debt situation, but will need to activate the EFSF with more conviction and larger scale for it to be effective, Sir John Gieve, former deputy governor of the Bank of England, told CNBC.