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The European Union

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  • Farrell: Time For A Correction? Friday, 29 Jan 2010 | 8:56 AM ET

    The market needs a correction after a 60% gain from last March and the news of the day Thursday was that Greece was looking for some help.

  • Lagarde on Euro Zone: No Way Out and No Bailout Friday, 29 Jan 2010 | 6:50 AM ET

    Euro zone member states must meet their commitments on budget stability and cannot be bailed out by the euro zone, French Finance Minister Christine Lagarde told CNBC in Davos on Friday.

  • Greek Economy Needs 'Structural Changes': PM Thursday, 28 Jan 2010 | 5:38 PM ET
    The former Greek Prime Minister, George Papandreou

    Greece's Prime Minister George Papandreou told CNBC Thursday that his country has to make substantial changes to recover from its devastating financial problems.

  • Iceland Plea for Aid Meets with Cold Response Friday, 15 Jan 2010 | 8:24 AM ET

    Icelandic pleas for further aid met with a cool response on Thursday as the IMF suggested its hands may be tied by an Anglo-Dutch debt impasse and Sweden signaled no immediate funds were on the way.

  • No Default Risk for Greece, Iceland Junk Monday, 11 Jan 2010 | 9:40 AM ET

    Despite lots of talk about sovereign debt default in 2010, IHS Global Insight said Monday there is very little chance of major problems over the coming year.

  • The 5 Keys for a Bullish 2010 Monday, 11 Jan 2010 | 6:50 AM ET

    After fighting tooth and nail to hit 2009 targets CEOs are reluctant to call the end of the bad times until enough revenue arrives in 2010.

  • England Should be Separated from Scotland: Economist Tuesday, 5 Jan 2010 | 6:13 AM ET

    The English economy would be better off if it was separated from Scotland, its UK neighbor, because the cost of backstopping Scotland's banks far outweighs any benefits, Roger Nightingale, strategist at Pointon York, told CNBC.com Monday.

  • The Worst May Not Be Over for Europe Thursday, 31 Dec 2009 | 4:13 AM ET
    Flags of member states of the European Union.

    Fears are growing that Greece or another weak country may default on its sovereign debt obligations, forcing the richer countries in Europe to ride to the rescue or face the risks, the New York Times reports.

  • Greece to Tackle Deficit, Corruption: Prime Minister Friday, 11 Dec 2009 | 6:08 AM ET
    Parthenon temple on Acropolis Hill, Athens, Greece

    The European Summit kicked off Friday with Greece's mounting debt and deficit problems at the head of the conference agenda.

  • UK, France Rivalry Grows — over Farms Wednesday, 9 Dec 2009 | 6:00 AM ET

    The renewed rivalry between France and the UK is still growing. And this time agriculture is the altercation.

  • Greece Faces 'Race Against Time': FinMin Wednesday, 2 Dec 2009 | 5:29 AM ET

    The world may be focused on the debt crisis that has submerged the emirate of Dubai, but in Europe investors are also watching the situation unfolding in Greece and whether it could be the next shoe to drop.

  • Farrell: Forget About Dubai—Worry About This Tuesday, 1 Dec 2009 | 8:58 AM ET
    Dubai Palm Island

    It is hard to tell how the situation will work out and/or whether it will still act as a trigger for a broader correction in the "risk" oriented trades. It could be shrugged off as unsurprising since, as the Wall Street Journal reported on Monday, "investors have known for months that Dubai World was dangerously indebted."

  • Who Is Dubai Contagion Likely to Affect Most? Tuesday, 1 Dec 2009 | 7:01 AM ET

    1st paragraph of story should go here

  • Ashton Goes from Unknown to Top Diplomat Friday, 20 Nov 2009 | 8:21 AM ET

    European heads of states appointed Baroness Catherine Ashton as the European Union's foreign-policy chief, the so-called first EU Foreign Minister, Thursday evening.

  • Please Give Generously – It's for the UK Government Thursday, 19 Nov 2009 | 8:55 AM ET

    A British charity is pioneering the idea of reducing the country's bulging debt by encouraging people to buy gift vouchers that will be sent to the Treasury.

  • Back Off, Regulators! Tuesday, 10 Nov 2009 | 10:24 AM ET
    Gavel

    A weird thing is happening right now, and it borders on the dangerous. Companies want to merge, and partner, and collaborate, and they have lots of cash on the balance sheet, ready to do deals that may help jumpstart their businesses, light a fire under sluggish markets, increase efficiencies, and generate nice returns for their investors. Yet federal agencies in this country and abroad aren't merely getting more active when it comes to scrutinizing the deals, they're getting activist.

  • Bank of England Faces Tough Decision on Stimulus Thursday, 5 Nov 2009 | 4:07 AM ET

    The Bank of England's injection of 175 billion pounds ($289 billion) into the economy hasn't yet pulled Britain out of recession, and the central bank now faces a difficult decision on whether to raise the stakes.

  • Intel in the Anti-Trust Crosshairs, but Why? Wednesday, 4 Nov 2009 | 11:59 AM ET
    Intel's headquarters in Santa Clara, California.

    New York Attorney General Andrew Cuomo filed some salacious charges this morning, accusing Intel of using "illegal threats and collusion" to control the microprocessor market.

  • In Tough Times, Diageo Still Going High End Wednesday, 4 Nov 2009 | 8:13 AM ET

    Joint ventures with a family business and a show-business icon are key in Diageo's vodka plans.

  • Crisis Sweeps Through Central and Eastern Europe Tuesday, 3 Nov 2009 | 3:34 AM ET
    The European Union's former communist members spooked the West earlier this year, when some investors and analysts believed their crumbling economies could send shockwaves through the system and even sink the EU.The International Monetary Fund and the EU have pumped billions of euros in Central and Eastern European countries to alleviate the pain of the crisis, but their economies are still suffering. Click ahead to see what they expect for this year.

    The International Monetary Fund and the EU have pumped billions of euros in Central and Eastern European countries, but their economies are still suffering.