GO
Loading...

The European Union

More

  • Euro Lifts, Kiwis Fly Thursday, 26 May 2011 | 9:31 AM ET

    Asian investor appetite is boosting the euro and sending kiwis skyward. Time for your FX Fix.

  • Serbia Captures Mladic, Eases EU Entry Thursday, 26 May 2011 | 8:49 AM ET
    BELGRADE, SERBIA - FEBRUARY 24: A Serbian Radical party supporter holds a photo of war crimes suspect Ratko Mladic at a rally in Belgrade February 24, 2006. A Serbian ultranationalist party on Thursday urged fugitive Bosnian Serb general Ratko Mladic not to surrender to the UN warcrimes court, despite mounting pressure on Belgrade to hand over one of the most wanted suspects of the Balkan wars in 1990s. (Photo by Milos Bicanski/Getty Images)

    The arrest of war criminal Ratko Mladic, alleged architect of the Srebrenica massacre in 1995, tears down one of the remaining barriers preventing Serbia joining the European Union.

  • It's Austerity or Drachmas for Greece: EU Official Thursday, 26 May 2011 | 7:48 AM ET

    Greece may be forced out of the euro if tough austerity measures are not successful, a high-profile Greek politician said in a statement on her website.

  • UK's Cable Sees New Economic Bomb Going Off: Report Thursday, 26 May 2011 | 7:08 AM ET

    The UK has failed to make enough structural changes to its economic model to avoid another financial crisis, Vince Cable, the UK’s Secretary of State for Business, Innovation and Skills told the New Statesman magazine.

  • Doha Round at Risk of Collapse, Report Warns Thursday, 26 May 2011 | 6:23 AM ET
    Souk Waqif at dusk Doha, Qatar.

    The Doha round of negotiations on world trade faces collapse unless world leaders can reach a final agreement to lift trade tarrifs before the end of the year, a new report by the governments of the UK, Germany, Turkey and Indonesia warned on Wednesday.

  • Maple Group Goes Hostile With TMX Bid Thursday, 26 May 2011 | 1:32 AM ET
    Trader at London Stock Exchange, England.

    A group of Canadian banks and pension funds said on Wednesday it will take its C$3.6 billion ($3.7 billion) bid for TMX Group directly to shareholders after the exchange operator rejected the bid in favor of a friendly offer from the London Stock Exchange.

  • Global Crisis 'May Not Be Over Yet': OECD Wednesday, 25 May 2011 | 10:55 AM ET

    The US and Japan “have yet to produce credible medium-term plans” to stabilize their debt, while other countries need to provide more clarity on how their fiscal consolidation targets will be met, according to the Organisation for Economic Cooperation and Development’s 2011 Economic Outlook, which says that risks to the global recovery remain significant.

  • Debt Woes Drag, and So Do Durable Goods Wednesday, 25 May 2011 | 9:27 AM ET

    European debt worries go well beyond the Continent, and U.S. durable goods dent the dollar. Your FX Fix, right here.

  • Emigrating Irish Might Not Come Back: Ex-PM Wednesday, 25 May 2011 | 8:02 AM ET
    dublin commuters the earl

    Ireland’s economy will take longer to recover from its current slump than from the recession of the 1980s, John Bruton, former Prime Minister of Ireland and European Union Ambassador to the US, told CNBC.com on Wednesday.

  • Give Greece 2nd Chance, Then Restructure: Analyst Wednesday, 25 May 2011 | 6:16 AM ET

    Greece should receive another tranche of aid from the European Union to enable it to have a second chance and restructure later, according to an analyst.

  • Greece Will Not Hold Early Elections: Prime Minister Wednesday, 25 May 2011 | 3:40 AM ET
    Greece

    Greece will not have a snap election, the office of the Greek Prime Minister told CNBC Wednesday in response to market speculation that affected the euro late Tuesday.

  • Do Markets Still Trust Rating Agencies' Decisions? Wednesday, 25 May 2011 | 2:27 AM ET

    Belgium became the latest small European nation to come under the cloud of having its credit ratings outlook cut on Monday. As rating agencies themselves are increasingly criticized, is this the threat it once was?

  • How Long Before Greek People Demand Default? Wednesday, 25 May 2011 | 1:39 AM ET

    The Greek government is unsurprisingly unable to find consensus on new, even stronger austerity measures aimed meeting the terms of its bailout by the European Union and the International Monetary Fund.

  • Greek Assets Could Go to 'Fund of Experts' Tuesday, 24 May 2011 | 11:58 PM ET

    European leaders are pushing to impose measures that would ensure the Greek government lives up to its promise to deliver €50 billion ($70 billion) in privatization proceeds, amid skepticism that Athens can carry out the sell-offs reports the FT.

  • Market Exchange Update     Tuesday, 24 May 2011 | 3:02 PM ET

    CNBC's Bob Pisani, Bertha Coombs, and Sharon Epperson reports on the latest economic data & the European debt crisis; commodities, including coffee, and its impact on the markets.

  • Europe Investors Should Accept 'Soft' Default: Gross Tuesday, 24 May 2011 | 12:05 PM ET
    William H. Gross

    Private debtholders, including euro zone banks, should accept a debt extension or other form of "soft default" to alleviate the debt burden for countries such as Greece if Europe wants a solution to the sovereign debt crisis, Bill Gross, Co-CIO of PIMCO told CNBC on Tuesday.

  • Obama Signals Rocky Road for Middle East Peace Tuesday, 24 May 2011 | 6:53 AM ET
    President Barack Obama

    It has almost been two years since US President Barack Obama took the stage at Cairo University, reaching out to a mesmerized audience and seeking "a new beginning between the United States and Muslims around the world".

  • Best Restructuring for Investors? Austerity Tuesday, 24 May 2011 | 2:08 AM ET
    European Central Bank

    The best type of restructuring for investors is austerity, a type of debt default that sees a government renege on its obligations to its own people rather than bond holders according to Christian Gattiker-Ericsson, the chief strategist and head of research at Julius Baer.

  • Fitch Threatens Belgium With Credit Rating Cut Tuesday, 24 May 2011 | 12:29 AM ET
    Aerial view of a town square Bruges Belgium

    Fitch became the second ratings agency to threaten Belgium with a credit downgrade on Monday, saying a lack of government undermined budget efforts in one of the euro zone's most indebted states.

  • Political Support for Euro Waning?     Monday, 23 May 2011 | 5:15 PM ET

    German taxpayers are unhappy about a Greece bailout, says Dennis Gartman, The Gartman Letter.