GO
Loading...

The European Union

More

  • Evangelos Venizelos, who was brought in as Finance Minister of Greece two weeks ago, said Greece's part in the euro zone was "not reversible" in a first on CNBC interview Tuesday.

  • China's Banks Warned, British Pound Slapped Tuesday, 5 Jul 2011 | 7:46 AM ET

    China's banks are unexpectedly fragile and the Royal Bank of Australia is a dove - it's time for your VEX Fix.

  • Euro Zone Status Quo 'Untenable': Economist Tuesday, 5 Jul 2011 | 5:17 AM ET

    The current situation in the euro zone is "untenable" and policymakers will have to either pursue greater European economic integration or see countries exit the euro, George Magnus, Senior Economic Advisor, UBS told CNBC Tuesday.

  • Euros & Downward Graph

    Growth in the euro zone's dominant service sector slowed for a third straight month in June, and by more than an initial estimate, with sluggish new orders dimming the outlook, a survey showed on Tuesday.

  • Casino Warns Carrefour It Can Halt Brazil Deal Tuesday, 5 Jul 2011 | 1:10 AM ET

    France's Casino warned archrival Carrefour on Monday that a merger of its Brazil unit and the country's biggest retailer, Grupo Pao de Acucar, could not go ahead without its consent.

  • ECB Will Continue to Accept Greek Debt Tuesday, 5 Jul 2011 | 12:36 AM ET
    European Central Bank

    The European Central Bank will continue to accept Greek debt as collateral for loans unless all the major credit rating agencies it uses declare it to be in default, said a senior finance official to the Financial Times.

  • Europe's High-Yield Investment Opportunities Monday, 4 Jul 2011 | 11:49 PM ET
    Trader at London Stock Exchange, England.

    "Risk on" and "risk off" continue to be debated and the weakness of the global economy is weighing on investors, but European high yield corporate bonds are enjoying something of a rally.

  • Europe Must 'Acknowledge' Greek Default: Economist Monday, 4 Jul 2011 | 4:44 AM ET

    A Greek default is coming and the European authorities trying to avoid it will have to face up to it eventually, a leading economist told CNBC Monday.

  • The price of corn is the latest of a series of signals that remind investors about 2008, the year the financial crisis spread across the globe and Lehman Brothers collapsed, Simon Derrick, chief currency strategist at Bank of New York Mellon, wrote in a note Monday.

  • Financial Service Jobs Rise to Pre-Crisis Levels Monday, 4 Jul 2011 | 3:44 AM ET

    Volumes of business across the UK financial services sector slowed in the three months to June  but jobs jumped, a survey published by the Confederation of British Industry (CBI) revealed on Monday.

  • CNBC.com Market Outlook     Friday, 1 Jul 2011 | 5:00 PM ET

    The week's top business news and investment advice, including end of QE2 plays, European equities, financial favorites and more.

  • The euro had a big runup after the Greek crisis was temporarily resolved, but traders are flummoxed about next moves.

  • Can DSK Become a Comeback Kid? Friday, 1 Jul 2011 | 12:07 PM ET
    Former International Monetary Fund leader Dominique Strauss-Kahn enters New York State Supreme Court for a hearing on July 1, 2011 in New York City.

    Warren Buffett famously said: "It takes 20 years to build a reputation and five minutes to ruin it."

  • Wealth Manager Cuts Stocks Exposure to Zero From 60% Friday, 1 Jul 2011 | 10:06 AM ET
    NYSE Trader

    Zero exposure to stocks is the best way to position a portfolio over the next few months as markets look set to remain volatile due to a "pretend and extend" strategy on Greece, Bruno Verstraete, CEO at Nautilus Invest told CNBC.

  • Confusion in Europe, Gloom in Japan Friday, 1 Jul 2011 | 9:10 AM ET

    Japanese businesses are pessimistic and euro traders don't know what to think — it's time for your Friday FX Fix.

  • The second half of the year should see European stocks performing positively, Michael Browne, portfolio manager, Europe at Martin Currie, told CNBC Friday.

  • Riot policemen arrest a demonstrator as they clash with protesters during a 48-hour general strike in Athens.

    Sovereign default in developed economies could be "catastrophic" for investors, a report by BlackRock Investment Institute noted, as many traditionally have large holdings in government debt as a very low risk, relatively low return investment.

  • Why a Greek Austerity Budget Will Lift the Ringgit Thursday, 30 Jun 2011 | 12:06 PM ET

    Strong medicine for Greece will jumpstart aid plans and currency investors' fears will ease, one strategist says.

  • New Investment Strategy: Preparing for End Times Thursday, 30 Jun 2011 | 11:39 AM ET

    Investment professionals have a new pitch: The sky could soon be falling. So-called black swan funds — named for rare and unexpected events — offer a way to profit in the event of a market collapse, the New York Times reports.

  • Greeks Are Austere and Euro Investors Are Happy Thursday, 30 Jun 2011 | 9:15 AM ET

    Greece bites the bullet and currency investors get busy. Time for your Thursday FX Fix.