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Europe Top News and Analysis Greece

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    It would be comforting to believe that very high levels of debt don’t impose constraints on growth for the U.S. Unfortunately, there’s not much reason to believe that its different for us.

  • Inflation Could Become a Problem in 2013

    "Inflation fears at the start of the year were always something I was skeptical about and which I always thought were overdone," Bob Parker, senior advisor at Credit Suisse, told CNBC. However, he added he was concerned that inflation could become an issue in 2013.

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    The Celtic Tiger boom years, and the subsequent bust, have made Ireland seem like a basket case, with the recent history of its housing market consigned to economics textbooks forever as an example of a hugely overinflated bubble.

  • Ronald McDonald

    A few years ago, I pointed out in a column that the cost of insuring the US government against a default in the credit derivatives market, had risen above that of McDonalds, the US fast food company, for the first time, the FT's Gillian Tett writes.  

  • The Parthenon in Greece

    Some European financial institutions should have taken bigger losses on their Greek government bond holdings in recent results announcements, according to the body that sets their accounting rules in a letter seen by the FT.

  • Greece Cannot be Saved: Gartman

    Why Greece should be kicked out of the Euro Zone, with Dennis Gartman, the Gartman Letter.

  • The S&P is approaching an important level and, if it holds, stocks could be propelled higher, said Art Cashin, director of floor operations at UBS Financial Services.

  • Financials were on fire Monday, with the group leading the market higher. Should you add banks to your portfolio?

  • How to Trade Greek Banks Merger

    "There might be some traders out there who might go into these banks¿ or take this opportunity to trade Greek bonds," Michael Mewes, head of fixed income, JP Morgan Asset Management, told CNBC. But he added that JP Morgan Asset Management was on the sidelines.

  • Eurobank CEO on Merger

    Greek banks EFG Eurobank and Alpha Bank announced they merged to create southeast Europe's largest lender. Nicholas Nanopoulos, CEO of EFG Eurobank, talks to CNBC about the merger.

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    European financial authorities appear to be shifting away from bailing out troubled sovereign lenders and toward bailing out banks in healthier countries.

  • The Parthenon in Greece

    EU leaders yesterday rounded on the new Head of the IMF calling her comments on Europe 'misguided'. Christine Lagarde's assessment is certainly stark. The former French Finance Minister argues economies are now in a 'new dangerous' phase' that requires Europe's banks be forced to recapitalize in order to cut the 'chain of contagion'.

  •  Qatar Puts Up Cash for Greek Bank Merger

    CNBC's Guy Johnson reports from Greece on the proposed merger between the country's second and third largest banks, Alpha Bank and Eurobank.

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    German “bad bank” agencies holding billions of euros of Greek debt have still to decide whether to join a bond swap designed to cut Athens’ refinancing burden as part of an EU bail-out, the FT writes.

  • Jean-Claude Trichet

    In Jackson Hole Wyoming on Saturday Jean-Claude Trichet, the president of the European Central Bank was due to give a speech to a meeting of policy makers hosted by the Federal Reserve. As he prepared to speak the euro zone faced huge problems.

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    On July 21, EU leaders, the European Central Bank and the International Monetary Fund agreed on a second rescue package for Greece, one they hoped would put the country in a position to come to grips with its debts. That deal is now looking like it could fall apart.

  • Ben Bernanke at Jackson Hole, Wyoming.

    Fed Chairman Ben Bernanke has spoken, and now it's European Central Bank President Jean-Claude Trichet's turn. Here's how to trade the central banker-speak.

  • New Crop of Greek Problems

    Greece warns it may opt out of a debt swap if too few investors rally behind it, with Telis Demos, Financial Times market reporter.

  • Money Match Up

    Trading Trichet and Bernanke. Will Trichet soften his tone at Jackson Hole? And the currency trade behind the conference, with Michelle Meyer, BofA Merrill Lynch, and CNBC's Melissa Lee & the Money in Motion traders.

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    The way to solve the euro zone banking crisis for the long-term is for a third of the industry to disappear, according to Ralph Silva, the research director at financial management consultant SRN.