The European Union


  • BRUSSELS— European Union leaders are threatening fresh sanctions against Russia because of what it sees as "growing support" of Moscow for separatists in eastern Ukraine during intensified fighting over the past days. The European Union has imposed a series of economic and political sanctions on Moscow and officials linked with last year's annexation of...

  • Why Denmark won’t ‘pull a Switzerland’ Monday, 26 Jan 2015 | 5:44 PM ET
    A Danish two krone coin

    After Switzerland's surprise move to unpeg its franc, speculators are eyeing Denmark's currency peg, but the Danes likely won't follow suit, analysts say.

  • Europe ‘ready to work’ with Syriza—with provisos Monday, 26 Jan 2015 | 10:31 AM ET
    Supporters of opposition leader and head of radical leftist Syriza party Alexis Tsipras cheers at exit poll results January in Athens, Greece.

    Euro zone officials are ready to discuss Greece’s debt burden with Syriza — but only if the anti-austerity party sticks to bailout conditions.

  • Joseph Stiglitz, Columbia University professor, shares his thoughts on French economist Thomas Piketty views on wealth and income inequality.

  • Joseph Stiglitz, Columbia University professor, explains why Greece should be offered a debt write-off as the euro slips and divides Europe.

  • EU blacklists Sri Lanka over illegal fishing Monday, 26 Jan 2015 | 6:40 AM ET

    BRUSSELS— The European Union blacklisted Sri Lanka Monday for failing to combat illegal fishing, officially banning imports of fisheries products from Sri Lanka- flagged vessels into the EU. Officials said the decision to put Sri Lanka on the list was taken by EU fisheries ministers at their regular talks in Brussels. Sri Lanka is the second biggest exporter of...

  • EU open to Greek debt extension, not forgiveness Monday, 26 Jan 2015 | 5:46 AM ET

    BRUSSELS, Jan 26- Europe showed a willingness on Monday to give Athens more time to pay back its debts, but little sign that it would yield to a new Greek government's demands of debt forgiveness. European Union leaders and policymakers responded to Greek anti-bailout party Syriza's election victory on Sunday with warnings that a debt restructuring for Greece...

  • Greek leftist leader claims victory over austerity Monday, 26 Jan 2015 | 1:56 AM ET
    Supporters of the opposition radical leftist Syriza party cheer at exit poll results which indicate that Syriza have a clear lead in Athens, Greece.

    Greek leftist leader Alexis Tsipras promised on Sunday that five years of austerity, "humiliation and suffering" were over.

  • Is the euro the Charlie Brown of currencies? Sunday, 25 Jan 2015 | 11:35 PM ET

    The euro may be the Charlie Brown of currencies. Like the comic character, it's under a cloud of negatives, with analysts tipping further downside.

  • What's the way out for Greece?  Sunday, 25 Jan 2015 | 10:38 PM ET

    Jeremy O'Friel, Managing Director at Belmont Investments, says the new government in Greece is unlikely to do anything radical, but warns of risks from staying within the euro zone.

  • Likelihood of a 'Grexit' at 20%: Deutsche Bank  Sunday, 25 Jan 2015 | 9:17 PM ET

    Taimur Baig, Chief Economist, Asia at Deutsche Bank, says authorities will do what it takes to prevent Greece from leaving the euro zone and explains what that means for Italy and Spain.

  • Challenges ahead for Syriza's Tspiras  Sunday, 25 Jan 2015 | 7:31 PM ET

    Stefan Auer, Associate Professor, University of Hong Kong, discusses whether Greek leftist leader Alexis Tsipras can realize his promise to renegotiate Greece's debt agreements.

  • Belgium sees some room to discuss Greek debt program Sunday, 25 Jan 2015 | 4:37 PM ET

    BRUSSELS— Britain's Conservative Prime Minister David Cameron predicted that the election victory of Greece's radical left-wing Syriza party would create "economic uncertainty" across Europe, while left-of-center parties welcomed the results as a message that the European Union should change its economic policy. Johan Van Overtveldt said on the eve of a...

  • ECB now faces another battle: Dealing with Greece Sunday, 25 Jan 2015 | 8:47 AM ET

    The ECB faces another task: Dealing with Greece. Syriza is seen in power after Sunday's election, and has plans for how to deal with Greece's debt.

  • Obama: US will consider more steps to stop Russia Sunday, 25 Jan 2015 | 7:18 AM ET
    Ukrainian army forces patrol in the Tonenkoe town near Donetsk International Airport

    Barack Obama said on Sunday that the U.S. would consider all additional options short of military action to rein-in Moscow's activities in Ukraine.

  • Police arrest 4 Islamist terror suspects in Spain Saturday, 24 Jan 2015 | 5:33 PM ET
    Police forces gather in street outside the offices of Charlie Hebdo in Paris

    Spain's authorities arrested four people in its North African enclave of Ceuta suspected of belonging to a militant Islamist network.

  • 'We must stay in a reformed Europe'  Friday, 23 Jan 2015 | 11:40 AM ET

    At Davos, Sir Mike Rake, President of Confederation of British Industry (CBI) and chairman of BT Group says that the benefits of staying in the European Union outweigh the costs.

  • European equities bask in ECB glory  Friday, 23 Jan 2015 | 11:30 AM ET

    CNBC's Simon Hobbs reports on all the market moving events in Europe today, including a big lift for European stocks following the ECB'S QE announcement.

  • Syriza win in Greece won't be a disaster for EU Friday, 23 Jan 2015 | 10:01 AM ET
    The national flag of Greece and the flag of the European Union fly above a government building on January 23, 2015 in Athens.

    Worries about a Syriza win in the Greek elections sparking a euro-zone contagion of sovereign default are overhyped. Here's why.

  • BRUSSELS, Jan 23- The European Union will discuss on Tuesday increasing the bloc's emergency aid to Ukraine to as much as 2.5 billion euros, more than the 1.8 billion euros already proposed by the European Commission, diplomats said. EU finance ministers will consider raising the amount at their meeting in Brussels. The medium-term loans would be for this year...