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Europe has enough capital to solve its own deficit situation. However, the problem is the debt is not spread evenly, says Neel Kashkari, PIMCO head of global equities, who also offer his thoughts on how to avert a banking catastrophe in Europe.
CNBC's Michelle Caruso-Cabrera and Constantine Michalos, Athens Chamber of Commerce president, discuss Greece's vow to cut a significant number of its public sector jobs.
CNBC's Michelle Caruso-Cabrera reports on growing stress in Europe as the S&P downgrades Italy's credit, and Greece attempts to resolve its debt situation, with David Malpass, Encima Global president.
The storm of dire news from Europe is hurting risk-on currencies. Here's how to trade the cautious sentiment.
Italy gets a downgrade and riskier currencies get a haircut - it's time for your FX Fix.
Raghavan Seetharaman, CEO, Doha Bank, wears a tuxedo to work every day and is on Squawk to discuss concerns over the Greek crisis. He says the larger interests in the EU have to come together politically and deal with the problem. He adds there's real opportunity in the emerging markets.
As his former colleagues at the International Monetary Fund gather this week, the scandal surrounding Dominique Strauss-Kahn will be a specter in the background.
Siemens withdrew more than half-a-billion euros in cash deposits from a large French bank two weeks ago and transferred it to the European Central Bank, in a sign of how companies are seeking havens amid Europe’s sovereign debt crisis.
Greece will default in the next three to four months, says Amelia Bourdeau, Westpac Institutional Bank.
Despite being more than 5,000 miles from Washington D.C., a default in Athens could trip up the global banking system just enough to tip the U.S. into a recession, investors and economists said.
Stock sold off sharply Monday, amid renewed fears over a Greek default. With major indexes, oil and gold all stumbling, three market strategists shared their views on the trading week ahead and how investors can protect their portfolios.
Greece's finance minister concluded an emergency teleconference with creditors Monday, hours after pledging to speed up reforms and civil-service staff cuts. The talks will resume Tuesday evening, the European Commission said.
Most FOMC meetings have a rapid and real effect on the dollar - but as this week's meeting looms, investors have other concerns.
The endgame for Europe's debt crisis will not be the destruction of the euro.
The euro crisis is now at a dangerous turn. While it is difficult to forecast the future of the zone, it is possible to list the conditions that are required for the sustained solvency of Greece and the euro zone overall.
The euro slips, the dollar lifts, and Nouriel Roubini says time's up for Greece - it's time for your FX Fix.
CNBC's Michelle Caruso-Cabrera has the details on the conference call between Greek government leaders and finance officials.
Ministers are set to be told this autumn that a £12 billion ($18.8 billion) black hole has opened in the public finances, in a forecast that threatens to derail the coalition’s deficit reduction strategy and prolong austerity well into the next parliament, reported the FT.
Global markets again find themselves in the uncomfortable back seat of a car driven erratically by policymakers. The hope is that policy responses in both America and Europe will enable them to build on last week's solid gains and, thereby, improve the outlook for jobs and economic growth.
The Fed in the week ahead is widely expected to pull the trigger on a new easing program, as the European debt crisis continues to boil.