Mark Todd, director of fixed income at National Australia Bank, says investors should not be taking comfort in the idea that Greece-related risks are ring-fenced.» Read More
July 2- The International Monetary Fund warned on Thursday that Greece would need an extension of its European Union loans and a large debt writeoff if it grows more slowly than expected and economic reforms are not implemented. The IMF warning in a preliminary draft of its latest debt sustainability report came as Greece readies for a Sunday referendum on an...
Greece should vote "no" on the European deal to extend its bailout—the best solution is for creditors to take a haircut, says Peter Morici.
CNBC's Phil Han reports on what both sides are fighting for in Sunday's referendum in Greece.
Evariste Lefeuvre, chief economist North America & Head of Multi Asset Strategies at Natixis, says the outcome of Sunday's referendum is highly unpredictable.
Michael Kurtz, global head of equity strategy at Nomura, expects the Greek crisis to subside after Sunday's referendum. Even if things turn out badly, a powerful ECB will be able to deal with Greece, he adds.
Mark Fleming-Williams, economy analyst at Stratfor, explains why Greece's left-wing Syriza government will have a hard time staying in power regardless of the referendum's outcome.
The European Union has been preparing its defenses over the last few years to guard against the risk of contagion from Greece, says Joshua Crabb, head of Asian equities at Old Mutual Global Investors.
A defiant Alexis Tsipras urged Greeks to reject an international bailout deal, wrecking any prospect of repairing relations with EU partners.
Both the Eurogroup and Greece "deserve credit for screwing up" the negotiations, says Ian Bremmer, president of Eurasia.
Bill Smith, CEO and senior portfolio manager at SAM Advisors, says a "Grexit" is unlikely and Greek Prime Minister Alexis Tsipras will have to resign after Sunday's referendum.
The euro has been like a brick: You can throw it, just not very far. But that's only temporary, Goldman says, tipping near-parity with the dollar.
CNBC's Simon Hobbs reports on all the market moving events in Europe today, including the latest action in Greece.
With or without a deal, Greece remains in a tough spot, says Austan Goolsbee, professor of Economics at University of Chicago's Booth School of Business.
Syriza didn't need to call a referendum on Greece's bailout because consensus already exists, former Greek Prime Minister George Papandreou said.
While the world puts pressure on Greece to face reality, it's actually creditors who need the wake-up call right now, says Dan Alpert.
CNBC's Simon Hobbs reports on all the market moving events in Europe today, including the latest developments happening in Greece.
BRUSSELS— The European Union has agreed to end mobile roaming charges within two years and allow travelers with European phone plans to pay the same price for calls, text messages and data anywhere in the 28 EU nations. The deal was welcomed as "fantastic news" by British Prime Minister David Cameron, who has promised a referendum on his country's future in the EU...
Viktor Shvets, head of Asian Strategy at Macquarie, explains why China may come to Greece's rescue if the Europeans fail to find a way to resolve Greece's financial woes.
Simon Grose-Hodge, head of Investment Advisory, South Asia at LGT Bank Singapore, says Beijing is expected to continue in this easing path which will likely give mainland stocks a boost.
Mark Luschini, chief investment strategist at Janney Montgomery Scott, says the Greek crisis isn't a new phenomenon and European governments had time to ring fence their economies from Greece.