GO
Loading...

The European Union

More

  • Facing Pressure to Cut, ECB Will Likely Hold Wednesday, 6 Feb 2008 | 11:13 AM ET

    The European Central Bank is likely to keep its title as the last inflation hawk standing at its rate-setting meeting Thursday, but as fears of a global economic slowdown grow, calls for easing will only increase.

  • Euro Zone Services, Sales Data Stoke Recession Fears Tuesday, 5 Feb 2008 | 7:04 AM ET

    Euro zone service sector growth slowed sharply in January from an already weak estimate and retail sales fell in the key Christmas period, according to data on Tuesday that stoked fears of a recession.

  • Euro Zone Better off than the US: ECB's Liebscher Thursday, 24 Jan 2008 | 3:27 AM ET

    Euro zone growth could come in below 2 percent this year, European Central Bank Governing Council member Klaus Liebscher was quoted as saying on Thursday, but the region is better off than the United States.

  • Europe Slams the Door On Interest-Rate Cuts Wednesday, 23 Jan 2008 | 1:12 PM ET
    European Central Bank President Jean-Claude Trichet

    ECB President Trichet appears to shun an interest rate cut in favor of fighting inflation, contributing to another round of selling in global stock markets.

  • Why the European Bank Is Sitting Back Tuesday, 22 Jan 2008 | 2:28 PM ET

    The turmoil in the mortgage markets has incited a wave of legal tangles, as homeowners are suing lenders, lenders are suing banks, banks are suing loan specialists. And investors are suing everyone.

  • EU Finance Ministers Urge for Transparency Thursday, 17 Jan 2008 | 1:03 PM ET

    Finance ministers from Europe's top four economies called on Thursday for greater market transparency, full disclosure of losses and better coordination among supervisory bodies in response to the global credit crunch.

  • Europe's "Big 4" Confer on Credit Crunch Response Thursday, 17 Jan 2008 | 8:16 AM ET

    Five months on, finance ministers from Europe's four largest economies headed to Paris on Thursday to discuss an international response to the credit crunch that struck last August and continues to plague the global economy.

  • ECB's Mersch Expects Euro-Zone Slowdown: Report Wednesday, 16 Jan 2008 | 12:13 PM ET

    There are downside risks to euro zone growth and the European Central Bank will remain flexible on interest rates, Governing Council member Yves Mersch was quoted as saying on Wednesday.

  • EU Raids Drug Companies in Broad Inquiry Wednesday, 16 Jan 2008 | 10:20 AM ET

    The European Commission raided some of the world's largest drugmakers on Wednesday, launching a broad investigation into whether they made illegal deals or abused patents to limit competition and harm consumers.

  • Defensive Stocks: Agriculture is Popular Friday, 11 Jan 2008 | 8:58 AM ET
    Corn

    Investors should raise their exposure to agricultural commodities and buy into stocks in the sector, as demand from emerging markets increases and the size of arable land is shrinking, putting additional pressure on the already tight supply, analysts said Friday.

  • European Central Bank Rate Decision Timeline Wednesday, 9 Jan 2008 | 11:09 AM ET

    This is a timeline of the European Central Bank's rate decisions for 2007.

  • Euro-Zone Growth Jumps More than Expected Wednesday, 9 Jan 2008 | 5:58 AM ET

    Euro zone economic growth rebounded more strongly than previously estimated in the third quarter of 2007, revised data showed on Wednesday, thanks to higher growth in France and Belgium.

  • Diversifying Away from a U.S. Recession Monday, 7 Jan 2008 | 11:59 AM ET

    With more voices adding every day to the chorus predicting the world's biggest economy will go into a recession, diversifying away from U.S. stocks is a healthy strategy, analysts told CNBC on Monday.

  • Trichet: ECB Must Stop Inflation Spreading Monday, 24 Dec 2007 | 3:27 AM ET

    The European Central Bank is determined to stop increases in oil and food prices becoming entrenched in a broader inflation rise, President Jean-Claude Trichet said in a newspaper interview published on Monday.

  • Strong €uro, Bad €uro? Thursday, 20 Dec 2007 | 5:04 AM ET

    Hedge wise and sleep well. Or, as they say in German: Gut gehedged ist halb gewonnen! Silvia Wadhwa gives her take on the single currency.

  • EU Agrees Steep Fines to Cut Car Emissions Wednesday, 19 Dec 2007 | 7:07 AM ET

    The European Commission agreed on proposed legislation on Wednesday to force down emissions of carbon dioxide (CO2) from cars with steeply rising fines on manufacturers that fail to comply, an EU source said.

  • Europe's Central Banks Flood Markets With Funds Tuesday, 18 Dec 2007 | 4:15 PM ET

    The European Central Bank and Bank of England flooded money markets with funds on Tuesday as the UK central bank chief warned of a possible "self-reinforcing" downward spiral in credit.

  • Euro Zone Oct. Trade Surplus Rises as Exports Gain Tuesday, 18 Dec 2007 | 5:16 AM ET

    The euro zone had a higher-than-expected trade surplus in October despite a continued rise in the euro as exports grew faster than imports, the European Union's statistics office said on Tuesday.

  • EU Strikes Web Gambling Deal with US Monday, 17 Dec 2007 | 5:03 AM ET

    The European Commission, in a blow to European online gaming companies, on Monday struck a deal for compensation from the United States over a U.S. decision to close its gambling markets to foreign operators.

  • Euro Zone Inflation Surges 3.1% on Food, Oil Prices Friday, 14 Dec 2007 | 9:19 AM ET

    Euro zone inflation surged to 3.1 percent in November, the highest level since May 2001 according to Global Insight and above an earlier estimate of 3 percent, data from the EU statistics agency Eurostat showed on Friday.