Lars Feld, member of the German Council of Economic Experts and professor for Economic Policy at the University of Freiburg, discusses Germany's stance on Greek politics and the euro zone.» Read More
The U.S. needs to be careful of what Greeks call "mati"—the evil eye. While the market cheered the Greek bailout deal with a 340 point climb, a deal is not a deal until the deal is done.
Wall Street might want to enjoy the rally over Europe's debt agreement while it lasts, because another debt crisis is still looming closer to home.
Protestors who have been camping outside St Paul's Cathedral in London for two weeks vowed on Friday to fight any attempt to evict them as representatives of the City of London approved a legal bid to remove them.
Even if China would like to support the Eurozone, it cannot bail out risky crisis economies. There is a win-win solution, but that requires concessions on both sides.
Fitch ratings agency says Greece's credit grade will remain low even after its debt load is cut as part of a European plan to fight the financial crisis.
Following Thursday's much-anticipated euro zone deal, investors are looking again at stocks although a rally in Europe petered out at mid-day.
Austrian bank Erste announced on Friday that it had drastically reduced its credit default swaps (CDS) portfolio and that it would close it by the end of the year, after valuing it based on what it would be worth in the market - known as marking to market - earlier in the month.
Another European plan to fix its sovereign debt problem has initiated another sharp market rally. But will the enthusiasm over the latest rescue effort last longer than the optimism that greeted past plans, only to slowly fade away? The New York Times reports
The market whip, with Jon Najarian, OptionMonster.com; Jim Iurio, TJM Institutional Services; and Ken Heebner, Capital Growth Management. And Charles Dallara, former asst. Treasury Secretary who negotiated the Greek debt agreement, discusses what happened behind closed doors leading up to the deal.
The euro is having a very big day in the wake of the European Union summit. Here's how to trade it now the outlines of a debt deal are out.
The deal that allowed Greece to renegotiate its debt will not lead to a credit event on the scale of the Lehman Brothers failure that triggered the US financial crisis, the lead negotiator in the talks told CNBC.
U.S. stock markets may be surging on news of a deal on Europe's financial situation, but Art Cashin thinks there's more to come. "Everything looks great" right now, said the UBS Financial Services director of floor operations, but "I don’t think the game’s quite over yet."
“Buy Low. Sell High. And don’t get them confused!” There are few more important rules for investors. I’m struck once again by the faithful Pavlovian response of those who were hating stocks as they dipped briefly into Bear Market territory and now, after a 14% gain (in the S&P 500), are waving their bidding paddles and fanning their short-term gains.
CNBC's David Faber, Jim Cramer and Carl Quintanilla break down today's market moving headlines, including Europe's 50 percent haircuts on Greek debt, a leveraged EFSF, and what today's GDP report reveals about the economy.
Speculative UK GDP statistics for the third quarter may give a falsely positive picture of the economy, economists told CNBC.
European leaders finally agreed on the outlines of a rescue, and risk is back on big time — it's time for your FX Fix.
The Canon Chancellor of St. Pauls Cathedral in London announced his resignation on Thursday morning in protest against legal action being taken against protestors camped outside the cathedral by the Corporation of London and church authorities.
A deal that imposes 50 percent losses on private sector bondholders means Greece's debt burden will be sustainable, Greek Prime Minister George Papandreou said on Thursday.
"I'm a great optimist in life," the man known as Dr. Doom told CNBC Wednesday. "Otherwise I would commit suicide in view of the kind of governments we have nowadays."
As markets have been rebounding on euro hopes, the eurozone leaders have been debating a plan that should satisfy the financial markets. The hope is futile. A comprehensive plan does not exist. The eurozone crisis will get worse before it will get better.