GO
Loading...

Enter multiple symbols separated by commas

The European Union

More

  • Stocks Lose Ground Before Close; BofA Falls Tuesday, 30 Nov 2010 | 3:53 PM ET

    Stocks lost ground in the final minutes of trading after moving higher in the wake of news that the Obama administration will work with Republicans on the tax dispute. Rising worries over sovereign debt concerns in the euro zone kept a check on gains throughout the session. BofA and Procter & Gamble fell.

  • Gold Becoming a Hedge Against 'Monetary Uncertainty' Tuesday, 30 Nov 2010 | 1:27 PM ET
    Gold coins and bar

    Gold isn't serving as a hedge against inflation, as traditionally has been the case. Instead, as investment guru Dennis Gartman points out, investors see gold as "a hedge against monetary uncertainty."

  • Stocks Slump, Led by Tech; Wal-Mart Gains Tuesday, 30 Nov 2010 | 11:28 AM ET

    Stocks continued to decline Tuesday amid mixed U.S. economic data and concern the European debt crisis would spread to other nations. JPMorgan and Pfizer fell.

  • Splits in Euro Zone Emerge Amid Debt Crisis Tuesday, 30 Nov 2010 | 10:45 AM ET
    A trader sits in front of a board displaying Germany's share index DAX at the stock exchange in Frankfurt/Munich, western Germany.

    Even as Europe struggles to contain its latest debt crisis, fresh fissures are emerging that show the euro zone diverging into two — or even three — different economic parts that threaten to compound the problems even further. The NYT reports.

  • european_union_crack2_200.jpg

    The EU bailout for Irish banks failed to quell financial markets. Borrowing costs for Portugal, Spain and others continue to rise, because structural problems created by the euro and single European market remain unaddressed and more crises are inevitable.

  • German Papers Decry the Country's 'Hesitant Hegemony' Tuesday, 30 Nov 2010 | 9:22 AM ET
    Reichstag Parliment building, Berlin, Germany

    A look at recent German headlines shows the difficulty the government of the euro zone’ biggest country faces in satisfying both the demands of its euro zone partners and those of its citizens.

  • Futures Remain Lower After Home Price News Tuesday, 30 Nov 2010 | 9:15 AM ET

    U.S. stock index futures continued to fall sharply ahead of the open Tuesday after an index of home prices fell unexpectedly and as fear of contagion from the European debt crisis continued to rattle investors.

  • EU Has Funds for Growth – They're Under Red Tape Tuesday, 30 Nov 2010 | 7:26 AM ET
    Euro bills and coins in cash register tray

    Billions of euros of EU funds to promote growth in Europe’s rundown regions are lying idle because cash-strapped national governments cannot find the necessary matching funds to release the money. The FT reports.

  • European Stocks to Rebound From 7-Week Lows Tuesday, 30 Nov 2010 | 2:21 AM ET
    igindex_many_traders_200.jpg

    European shares were set to rise Tuesday, bouncing back from seven-week closing lows in the previous session on worries about the euro zone debt crisis, after Wall Street cut its losses.

  • Yoshikami: Europe; 2 Down, 3, 4, 5 to Go? Monday, 29 Nov 2010 | 1:37 PM ET
    european_union_crack2_200.jpg

    There are clearly two perspectives emerging on Europe's problems and this chasm in perspectives will become more clear as time goes by. The budget minded nations are reigning in the less disciplined sovereigns. Solvent Europe vs. broke member nations.

  • Europe: Fragmenting on Multiple Axes? Monday, 29 Nov 2010 | 1:13 PM ET
    Demonstrators block a police car on the parking lot of the Madrid transport bus company during the general strike held in whole Spain in Madrid as unions launched a 24-hour general strike all around Spain to protest tough government labor reforms and austerity measures.

    A few weeks ago, I wrote about the possibility of a political breakup of the European Union. Just before Thanksgiving, I wrote— not ironically — about whether a crypto-breakup of Europe might already be underway in the sovereign debt markets.

  • Belgian Debt Yields up Amid Euro Zone Fears Monday, 29 Nov 2010 | 7:37 AM ET
    Aerial view of a town square Bruges Belgium

    The premium investors demand to hold Belgian government bonds rather than benchmark German debt rose to its widest level since early 2009 on Monday as the country issued 2 billion euros of 2014, 2020 and 2035-dated bonds.

  • European Stocks to Open Higher After Irish Bailout Monday, 29 Nov 2010 | 2:06 AM ET
    igindex_many_traders_200.jpg

    European shares were indicated higher Monday, expected to reverse some of last week's losses after the European Union agreed an 85 billion euros ($113 billion) bailout for Ireland at the weekend.

  • EU Approves $113 Billion Bailout for Ireland Sunday, 28 Nov 2010 | 2:08 PM ET
    Ireland and European Union

    According to a statement released by the Irish government, the country will take €10 billion immediately to boost the capital reserves of its banks. Another €25 billion earmarked for the banks will remain in reserve.

  • Dublin, Ireland

    An Irish government minister said he expects an agreement on an EU-IMF bailout loan for Ireland worth approximately €85 billion ($115 billion), but he rejected reports that the aid would carry a punitively high interest rate.

  • European Debt Worries Force Investors to Play It Safe Friday, 26 Nov 2010 | 12:50 PM ET
    NY Stock Exchange Traders

    While the market pullback isn't even in the realm of a correction, worries that Europe's debt crisis could  hurt the global economy are weighing on what otherwise could be a robust rally.

  • European Stocks to Open Lower; Debt Fears Resurface Friday, 26 Nov 2010 | 2:10 AM ET
    igindex_fourscreens_200.jpg

    European shares are expected to retreat on Friday after gains in the previous two sessions, with persistent concerns about euro zone debt problems and Chinese inflation seen putting pressure on the market.

  • Irish Economy Better Off Than Greece: Strategist Thursday, 25 Nov 2010 | 10:10 AM ET

    Ireland is actually in a better economic position than other struggling euro zone states, Chris Watling, managing director at Longview Economics, told CNBC Thursday.

  • Abu Dhabi Bank Sues Credit Suisse, S&P Over Deal Thursday, 25 Nov 2010 | 4:28 AM ET

    Abu Dhabi Commercial Bank is suing Credit Suisse and credit rating agency Standard & Poor's, alleging it was misled over a 2007 investment that went sour.

  • Europe Stocks to Rise; Euro Struggles as Fear Persists Thursday, 25 Nov 2010 | 2:12 AM ET
    igindex_trader_headset_200.jpg

    European shares were set to open higher on Thursday, adding to gains in the previous session, and after Wall Street rose on upbeat economic data.