Judge Vassiliki Thanou was sworn in Friday as Greece's first female prime minister, heading a caretaker government until elections are held.» Read More
The governor of the Bank of England said he would be willing to implement further rounds of asset purchases – also known as quantitative easing - in an effort to rebalance the UK economy and issued a stark warning to the financial sector ahead of bonus season in the City of London.
Europe might be in a stew, but this strategist is looking at a risk-on trade.
The euro slides on fresh worries over efforts to restructure Greece's debt, with Todd Gordon, co-head of research and trading at Aspen Trading Group.
European leaders are beginning to accept the idea that Greece will be forced to default on its debt, causing a long-feared "credit event" that triggers billions of dollars of credit default swaps.
The lead negotiator for private-sector Greek debt holders says he's still hopeful a deal can be reached that satisfies creditors while enabling the financially strapped nation to grow.
Charles Dallara, Institute of International Finance, provides Insight on why he believes an accord with Greece can be reached, and says he remains committed to a voluntary agreement.
Negotiations and economic news roil the euro but Japan stays the course — it's time for your FX Fix.
Analysis on the debt crisis in Europe as finance ministers meet today to create a plan to stem the region's debt crisis, with Mohamed El-Erian Pimco CEO/co-CIO.
The International Monetary Fund needs $500 billion to help contain the spreading European debt crisis, the organization's managing director, Christine Lagarde, told CNBC.
The Greek drama plays on, and the Canadian dollar gets a lift - it's time for your FX Fix.
The euro currency does not work for Greece or Portugal and they will eventually leave the euro zone, an economist told CNBC.
The Greek drama continues to roil the euro, and this strategist has a way to play investors' shifting moods.
The US is at the top of the list of downgrade candidates because its debt and deficit troubles are unlikely to be resolved with the political infighting in Washington, a new study says.
The Greek government and bondholders go down to the wire. Will the Greeks make a deal or default on their debt? The currency trade behind the Greek debt drama, with CNBC's Melissa Lee and the Money in Motion traders. And is QE3 on the way? The trade behind the possibility. with Bank of America's Michelle Meyer.
Reports on the U.S. economy are improving a bit, and this strategist has a way to play the rosier outlook.
Even if Greece defaults in the next few months, the euro zone’s debt crisis will remain unresolved, particularly if any default is disorderly, a strategist told CNBC Thursday.
Bond auctions squeeze euro shorts and China signs a currency swap pact - it's time for your FX Fix.
Hedge funds have been known to use hardball tactics to make money. Now they have come up with a new one: suing Greece in a human rights court to make good on its bond payments.
Keeping its AAA credit rating had long been a badge of honor for the country and a political point of pride for President Nicolas Sarkozy. The New York Times reports.