Judge Vassiliki Thanou was sworn in Friday as Greece's first female prime minister, heading a caretaker government until elections are held.» Read More
Jay Bryson, Global Economist at Wells Fargo, says a bigger firewall is needed to prevent Greece's debt crisis from spreading to the rest of the region.
With Europe seesawing, this Scandinavian is worth another look.
Europe is facing considerable event risk this week. Here's how to protect yourself using currencies.
Preparations for Londonâ€™s 2012 Olympic Games remain on time and under budget, the UKâ€™s Minister for Sport and the Olympics said in a quarterly report released on Tuesday, with more than 500 million pounds ($793 million) of contingency funds as yet untouched.
The yen's slide stops and all eyes are on the European Central Bank - it's time for your FX Fix.
The Greece rescue package is likely to fail, but that may not be an entirely bad thing so long as the nation's debt problems can be walled off from the rest of Europe, Pimco's Mohamed El-Erian said.
Germany's top court said on Tuesday a parliamentary committee set up to approve urgent action by the euro zone bailout fund was "in large part" unconstitutional, in a ruling that may hamper Berlin's ability to tackle Europe's debt crisis.
European shares are seen opening slightly higher Tuesday as investors remain cautiously optimistic despite the risk of rising oil prices.
Issuing statements which criticize Greek efforts to resolve its debt crisis could “destroy” the latest bailout deal for the embattled Mediterranean country, a key member of the Greek government told CNBC Monday.
German tax collection experts have volunteered to go to Greece to help combat widespread evasion, in a move that risks reigniting tensions between Berlin and Athens, the Financial Times reports.
Britain’s two part-nationalized banks plan to tap the European Central Bank’s special three-year funding scheme for a combined amount of about 15 billion euros ($20 billion), on a par with some of the euro zone’s largest banks, the Financial Times reports.
European stocks were expected to open lower on Monday, tracking overnight losses in Asia where shares fell on concerns over high oil prices which have raised concerns about global growth.
Investors looking for leaders to continue the market rally should stop looking at miners, despite their recent performance, Nick Nelson, European equity strategist at UBS, told CNBC.
Jimmy Koh, Executive Director, UOB, says the second round of low-interest financing for European banks, due this week, is helping to ease concerns surrounding the region's debt crisis.
Leading economies told Europe it must put up extra money to fight its debt crisis if it wants more help from the rest of the world, piling pressure on Germany to drop its opposition to a bigger European bailout.
The euro hits a two-month high, it's best level since December 9th. What's behind the rally, with CNBC's Melissa Lee and the Money in Motion traders. Also, Wednesday's LTRO auction will show the real health of the European banking system. Making money off the LTRO auctions.
One of the challenges investors face today is how to reconcile seemingly conflicting messages coming from different markets. Is Dow 13,000 consistent with a 10 year U.S. Treasury at 2% and gold at almost $1,800? Is $125 Brent oil consistent with cyclically low implied volatility in many market segments, as well as widening CDS spreads for Middle Eastern oil producers?
Risk appetite grows and European Central Bank President Mario Draghi talks tough - it's time for your FX Fix.
Asian consumers, and especially the Chinese, are driving the growth in the luxury sector, which has continued unabated despite the woes of the economy elsewhere.
Oil prices will likely consolidate around $100 a barrel this week though any move higher will be capped by market uncertainty on what happens next in Greece. On Sunday night, Greek leaders passed new austerity measures crucial to receiving a second bailout package, but violence in Athens marred the vote.