"There will be significant issues in Europe for a very long time," says CNBC's Rick Santelli. Doug Dachille, First Principles Capital Management, and Gillian Tett, Financial Times, also weigh in.
The sooner Greece leaves the euro the better, according to venture capitalist Jon Moulton.
Noted market bear Nouriel Roubini has called the ongoing political turmoil in Europe a "slow motion train wreck." Speaking to CNBC in Las Vegas, Roubini said he expects Greece to leave the euro zone by next year.
House Speaker John Boehner (R-OH) says the House is working to stop a gigantic tax increase and it's time for the Senate to get to work, with CNBC's Maria Bartiromo.
House Speaker John Boehner (R-OH) shares his perspectives on how to cut spending and deal with the regulation he believes is hurting U.S. economic growth, with CNBC's Maria Bartiromo.
When handed the right to try and form a coalition government in Greece, Alexi Tsipras told the world the Greek bailout agreement is “null and void” and should be abandoned. .
David Spika, WHG Funds VP & investment strategist, offers insight on the market selloff.
The outcome of Sunday’s elections in Greece and France has raised fears that the euro zone debt crisis has entered a new phase, as leaders opposed to austerity threaten to wipe out crisis-fighting measures.
The euro is not a unifying force and the debt crisis has shown the differences between the euro zone nations rather than enhancing unity, Chris Tinker, founder at Libra Investment Services, told CNBC Tuesday.
Europe and its paymaster Germany have made too much of a focus on austerity at the expense of growth, which has exacerbated the crippling situation in countries like Greece, Charles Dallara, managing director of the Institute of International Finance, told CNBC.
According to one leading hedge fund manager, the recent rise in stocks is a temporary one that will be thwarted by the coming period known as “Taxmageddon.”
CNBC's Simon Hobbs and Michelle Caruso-Cabrera discuss whether austerity in Europe is dead since this weekend's elections in Greece and France.
The surprise winner in the Greek elections is a communist party called the Coalition of the Radical Left. Its leader spoke with CNBC in September about a Greek program to keep the country financially afloat.
In the next few months, the masquerade will end. Ultimately several Eurozone members must restructure their private and public debts, while a few may have to exit the monetary union. Greece is only the first in the line.
The euro gets beaten by election results, and Australians are going shopping - it's time for your FX Fix
Warren Buffett tells CNBC's Becky Quick the global market selloff isn't making any difference to Berkshire's investing strategy. "We were buying stocks on Friday and we'll buy the same stocks today," he says. "And we'll buy them cheaper."
The risk of Greece exiting the euro zone have risen to as much as 75 percent, according to economists at Citi. Describing such an outcome as a “Grexit,” the Citi team said, however, that the chances of a broad-based break-up of the euro zone remain very low.
Having battled his way to the Eylsee Palace and the French presidency Francois Hollande’s leadership will be tested by a far less conclusive election result from Greece.
Having seen its influence on global markets ebb in recent months Greece now finds itself at the eye of the storm again, following an inconclusive election result that saw voters reject austerity and the terms of its bailout from the European Union and International Monetary Fund.
Plans to give shareholders more power over boardroom pay will be given centre stage in the Queen’s Speech, as highly paid executives face another week of lambasting from shareholders, the Financial Times reports.