GO
Loading...

Europe: Economy

More

  • Greece's Borrowing Costs Hit Record High of 20% Tuesday, 6 Sep 2011 | 2:38 PM ET

    Debt-crippled Greece's borrowing costs reached a new record high Tuesday on fears about the country's austerity program, a new blow as Prime Minister George Papandreou chaired a cabinet meeting aimed at finding ways to speed up delayed structural reforms.

  • Will German Court Decision Derail the Euro? Tuesday, 6 Sep 2011 | 8:52 AM ET
    Reichstag Parliment building, Berlin, Germany

    On Wednesday, investors will wait with bated breath for news from Germany again, where the Federal Constitutional Court has the power to make or break the fate of the euro zone.

  • The Swiss National Bank (SNB) came out fighting Tuesday, announcing its intention to set a minimum exchange rate for the Swiss franc against the euro, in a move which sent European shares and the price of gold up.

  • Leaving Euro Would Cost Each German €8,000: UBS Tuesday, 6 Sep 2011 | 5:16 AM ET

    The cost to Germany of leaving the euro could reach €8,000 for each adult and child in the country and spell disaster for the global economy, according to economists at UBS.

  • Europe 'Likely to Go Into Recession': Strategist Tuesday, 6 Sep 2011 | 4:28 AM ET

    Europe is on the verge of recession and the US is already in a growth recession – an expression used by economists to show that growth is so slow that more jobs are lost than added, a strategist told CNBC Monday.

  • Why Any Euro Exit Would Cause 'Complete Chaos' Tuesday, 6 Sep 2011 | 4:21 AM ET

    The exit of any of the countries in the euro region from the single currency would cause "complete chaos" in that country and is "almost inconceivable", Erik Nielsen, global chief economist at UniCredit, told CNBC Tuesday as the euro zone debt crisis continued to loom over European markets.

  • German Chancellor Angela Merkel

    Former German Chancellor Gerhard Schroeder told CNBC that his successor, Angela Merkel, should never have tolerated the Greece-bashing as the euro zone debt crisis unravelled.

  • FTSE, DAX and CAC Set for Further Losses at Open Tuesday, 6 Sep 2011 | 1:30 AM ET
    Traders sit in front of their screens at the stock exchange in Frankfurt/Munich, western Germany.

    European stocks are expected to add to Monday's losses at the market open with all three major indexes due to start trade in the red.

  • World Bank President Robert Zoellick addresses the media during a press conference following his meeting with Chinese Premier Wen Jiabao on September 2, 2009 in Beijing, China.

    The current liquidity support measures being used by the European Union to stem the region's banking and sovereign debt crisis won't be enough, World Bank President Robert Zoellick told CNBC in an interview on Tuesday.

  • Nouriel Roubini

    If Italian Prime Minister Silvio Berlusconi left office, the market would lay off Italy, according to Nouriel Roubini, the founder of Roubini Global Economics.

  • European Stocks Fall Sharply as Debt Fears Hit Banks Monday, 5 Sep 2011 | 12:23 PM ET
    Close-up of a pen on stock price chart

    European shares fell sharply on Monday amid renewed fears over the euro zone debt crisis and a warning from Deutsche Bank’s CEO on the outlook for banks.

  • Recession-themed newsprint cuttings

    Friday’s disappointing US non-farm payrolls data showed no jobs where created in the US in August sending stocks sharply lower as fears over a recession intensified.

  • Euros & Downward Graph

    Piling on more debt to help kick start growth will simply “stunt growth” and threaten economic welfare according to German Finance Minister Wolfgang Schäuble.

  • Gold May Top $6,000, Silver $600: Asset Manager Monday, 5 Sep 2011 | 7:24 AM ET

    Gold prices may reach $6,200 per ounce in a bull run which will “end all major bull markets,” Urs Gmuer, asset manager at Dolefin, a Swiss investment advice firm, told CNBC.

  • UK's Osborne Still the Darling of the Bond Market? Monday, 5 Sep 2011 | 3:53 AM ET
    Big Ben

    1st paragraph of story should go here

  • Europe Stocks Seen Lower; Euro Debt Crisis in Focus Monday, 5 Sep 2011 | 12:37 AM ET

    European stocks are expected to fall at the open with the DAX, FTSE and CAC all called lower by more than 1 percent by spread betters.

  • Company Annual Reports Need 'Major Surgery': Analyst Monday, 5 Sep 2011 | 12:13 AM ET

    Without "major surgery" on companies' annual reports, investors' trust will continue to diminish, impacting on growth, James Roberts, a partner at accountancy firm BDO, said as his firm released new research showing reports remain a crucial influence when it comes to investment decisions.

  • 'We Need Fiscal Union': EU Commissioner Almunia Sunday, 4 Sep 2011 | 9:48 AM ET

    Greater fiscal and political union is needed in Europe, and will be discussed by euro zone leaders within months, Joaquin Almunia, EU Competition Commissioner, told CNBC Saturday.

  • Swiss C. Bank Buys German, French Bonds: Report Saturday, 3 Sep 2011 | 6:17 AM ET
    Zurich, Switzerland

    The Swiss central bank has started to buy French and German government debt from the markets to try to bring the Swiss franc down, Dow Jones newswire wrote on Saturday, quoting a report by German newspaper Frankfurter Allgemeine Zeitung.

  • Post Tsunami, Toshiba Gears Up for Brave New World Friday, 2 Sep 2011 | 7:19 AM ET
    IFA 2008 Consumer Electronics Trade Fair

    Japan's earthquake and tsunami triggered a “change in people’s relation with energy,” Toshiba CEO Masaaki Osumi told delegates at the IFA technology fair on Friday.

Contact Europe: Economy

  • CNBC NEWSLETTERS

    Get the best of CNBC in your inbox

    Please choose a subscription

    Please enter a valid email address
    To learn more about how we use your information,
    please read our Privacy Policy.