Anthimos Thomopoulos, CEO of Piraeus Bank, says recent political turmoil in Greece set the country’s banking crisis recovery back by six months.» Read More
Just when you thought it might be safe to tiptoe back into risk-on currencies, along comes Wolfgang Schauble to trash the European debt plan.
This has been a great year for baskets of stocks, or exchange-traded funds , because of the macros headlines, but investors will slowly come back to fundamentals if the euro zone crisis is resolved, according to the managing director of Guggenheim Investments, Mark Bronzo.
Looking for a euro-dollar trading strategy among the torrent of European news reports? Here's an idea.
Amid a debt crisis that threatens to engulf the global economy, the European Union this week will try again to address a serious flaw in the construction of the euro: the lack of fiscal rules tough enough to provide a foundation for the currency.
Encouraging comments from a top EU official lift the euro, but all eyes are on the "euro-skeptic" Finns — it's time for your FX Fix.
Stocks have rallied in recent days on hopes that European Union leaders and policy-makers are close to an agreement that would significantly increase the firepower of the European Financial Stability Fund (EFSF)-- essentially the euro zone's rescue fund for troubled member states -- so that it can help deal with the zone's long-simmering debt crisis.
I've been to three European countries in three days and have not seen one newspaper headline on Greece, or the debt crisis. In fact, the topic when raised elicits yawns.
Investors worldwide are taking fright at significant downside risks they perceive on both sides of the Atlantic, aided and abetted by what they deem to be ineffectual and directionless policy-making from Western governments.
The European bailout fund—known in official parlance as the European Financial Stability Facility, or EFSF—should be used to guarantee the first hit of losses on vulnerable European government bonds, a financial commentator told CNBC Tuesday.
The stock market's three-day rally is at risk of tripping up on new hurdles from Europe.
Discussing what investors should make out of reports of a split over terms of a Greek bailout, with James Bianco, Bianco Research and Larry Kantor, Barclays Capital.
A split has opened in the eurozone over the terms of Greece’s second 109 billion euro bail-out with as many as seven of the bloc’s 17 members arguing for private creditors to swallow a bigger writedown on their Greek bond holdings.
The good news is that European leaders are banding together to save the Euro by borrowing from the European Central Bank. The bad news is, its still the same as borrowing from the member states, says blogger Vince Farrell.
The UK needs a new economic plan for the 21st century that rewards the real wealth creators and not just "predators who are just interested in the fast buck", the Labour party leader - the UK’s main opposition party - Ed Miliband said on Tuesday.
CNBC's Silvia Wadhwa has the latest details on Tuesday's meeting between Greek Prime Minister Papandreou and German Chancellor Merkel, and a look at whether Europe will be able to overcome its debt crisis, with Rich Ross, Auerbach Grayson; Louise Cooper, BGC Partners; and CNBC's Steve Liesman.
If Europe's financial problems continue they could lead to a U.S. recession, Columbia University economics professor Frederic Mishkin warned Tuesday.
European markets coming back from big losses but will Greece meet all of its commitments under the international bailout plan? CNBC's Sylvia Wadhwa has the details.
Think the potential European debt plan will give the euro a significant lift? Think again, this strategist says.
The price movements that have emerged over the past two months in gold (and silver) prices have proved fascinating, writes Simon Derrick, head of currency research at Bank of New York Mellon.
It's all about the potential European debt plan today - time for your FX Fix.