Europe: Economy


  • Europe Markets Set to Fall After Another Greek Delay Thursday, 16 Feb 2012 | 1:28 AM ET

    The major European markets were called lower on Thursday after yet another delay in the Greek bailout deal.

  • Portugal Will Show That It Is Not Greece: Minister Thursday, 16 Feb 2012 | 12:32 AM ET

    Portugal’s economy minister sought to dispel impressions that the country could follow a similar path as Greece in an interview with CNBC, pointing out that the tough economic reforms it is carrying out enjoy the support of the population and stressing Portugal will not turn its back on the single currency.

  • Europe Crisis Will Take Years to Sort Out: Paulson Wednesday, 15 Feb 2012 | 9:48 AM ET
    Henry Paulson

    Although there are similarities with what the United States went through at the onset of the financial crisis, the issues in Europe are are more complex and will take years to resolve, Henry Paulson, former Treasury Secretary and founder of the Paulson Institute told CNBC on Wednesday.

  • Eurogroup Playing Hardball With Greece: Economists Wednesday, 15 Feb 2012 | 6:53 AM ET
    Eurogroup President Jean-Claude Juncker

    The cancellation of Wednesday’s special meeting of euro zone finance ministers, which was planned to rubber-stamp Greece’s latest bailout deal, shows that other euro zone members are increasingly bargaining harder with Greece, economists told CNBC.

  • FTSE, DAX, CAC Called Up as GDP Figures Awaited Wednesday, 15 Feb 2012 | 1:47 AM ET

    European markets were expected to open slightly higher on Wednesday ahead of a number of important economic growth figures.

  • Expect Huge ECB Liquidity Injection: Strategist Tuesday, 14 Feb 2012 | 2:45 AM ET

    Stock markets can expect to receive a boost from a second huge European Central Bank liquidity injection, according to Lakefield Partner’s Bruno Verstraete.

  • Will the Greek Sacrifice Push the Markets Higher? Tuesday, 14 Feb 2012 | 1:58 AM ET

    The Greek parliament’s approval of fresh austerity measures despite violent protests in Athens opened the door for a brighter disposition in markets and this could push stocks upwards, according to analysts.

  • FTSE, DAX, CAC Seen Lower After Moody’s Cut Outlook Tuesday, 14 Feb 2012 | 1:32 AM ET

    The European markets were expected to open higher Monday morning after a turbulent weekend in Greece.

  • Rating agency Moody's warned on Monday it may cut the triple-A ratings of France, the United Kingdom and Austria, while it downgraded the ratings of Italy, Portugal, Spain, Slovakia, Slovenia and Malta.

  • FTSE, DAX, CAC Seen Up on Greek Austerity Bill Monday, 13 Feb 2012 | 1:44 AM ET

    The European markets were expected to open higher Monday morning after a turbulent weekend in Greece.

  • Greek Parliament Approves New Austerity Bill Sunday, 12 Feb 2012 | 5:11 PM ET
    Journalists accused of writing in support of Greece's austerity measures have recently become targeted by protesters.

    "We are facing destruction. Our country, our home, has become ripe for burning, the center of Athens is in flames. We cannot allow populism to burn our country down," one  lawmaker told parliament as protesters took their rage to the streets.

  • Greece Austerity Deal Runs Into Trouble Once Again Friday, 10 Feb 2012 | 11:09 AM ET
    Greek protesters threw stones and firebombs at riot police who responded with tear gas in Athens on February 10 as clashes erupted on the sidelines of a protest against new austerity cuts.

    After appearing to be resolved, Greece's bailout is unraveling again. Renewed fears of a Greek default sparked a broad selloff in financial markets Friday.

  • A negotiated agreement to provide further aid for Greece is "much better" than a Greek exit from the euro, not just the country itself but for the wider euro zone as well, former Treasury Secretary Larry Summers told CNBC.

  • Greece Deal Fails to Convince, EU Demands More Thursday, 9 Feb 2012 | 7:13 PM ET

    Greek political leaders said they had clinched a deal on economic reforms and spending cuts needed to secure a second bailout, but euro zone finance ministers demanded more measures and a parliamentary seal of approval before providing the aid.

  • ECB to Leave Rates Unchanged Ahead of More Loans Thursday, 9 Feb 2012 | 6:41 AM ET
    European Central Bank

    The European Central Bank is widely expected to leave interest rates on hold on Thursday, reassured by signs that the economy started 2012 on a brighter note and hopeful that more cheap loans to banks at the end of this month will get them lending to each other again.

  • Greek Party Leaders Fail to Sign Off on Bailout Wednesday, 8 Feb 2012 | 10:45 PM ET
    The Parthenon in Greece

    Greek political leaders failed early on Thursday to sign off on a tough reform and austerity program, the price of a new international bailout for the nation, but Prime Minister Lucas Papademos said they would try to strike a deal within hours.

  • Greek Parliament

    The euro is rallying on fresh hopes that Greek politicians can agree to austerity measures that could secure them a much-needed second bailout from their euro zone peers.

  • 'Wave of Risk Aversion' Coming: Strategist Wednesday, 8 Feb 2012 | 1:46 AM ET

    Investors should start scaling back risk in their portfolio in anticipation of more favorable buying opportunities in the coming weeks, Chris Watling, CEO and chief market strategist at Longview Economics, told CNBC on Tuesday.

  • Greece Groundhog Day All Over Again: Strategist Tuesday, 7 Feb 2012 | 3:44 AM ET

    Greece’s leaders and representatives of the troika responsible for its bailout failed yet again to reach agreement on the terms of a second bailout by Tuesday morning leaving European markets facing another day’s uncertainty over the Mediterranean country.

  • Strategist: 3 Reasons Why Risk-On Is Back in Fashion Tuesday, 7 Feb 2012 | 1:58 AM ET

    Markets are shifting towards a more "risk-on" attitude and there are three reasons for this, according to Mike Lenhoff, chief strategist at Brewin Dolphin.

Contact Europe: Economy


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