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The European Union

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  • No UK Rate Rise Until Recovery Secured, Bank Told Monday, 30 May 2011 | 6:10 AM ET
    Governor of the Bank of England Mervyn King

    The Bank of England (BoE) was warned by the British Chambers of Commerce (BCC) on Monday that raising interest rates before November risked damaging the recovery of the UK economy.

  • Markets Fret About Euro 'Slow-Motion Car Crash' Monday, 30 May 2011 | 5:37 AM ET

    Reports that Greece has not met any of the fiscal targets set by the International Monetary Fund (IMF) and the European Union (EU) as part of its 110 billion euros ($157 billion) bailout knocked down the euro Monday, as other countries in the euro zone are threatened with being dragged into the Greek morass.

  • Greek Leaders Fail to Set Debt Plan Friday, 27 May 2011 | 10:38 AM ET
    The Parthenon in Greece

    Greek political leaders failed to reach consensus at an emergency meeting on Friday on how to exit the country's debt crisis, party sources said.

  • Swiss Franc Soars, Yen Sags Friday, 27 May 2011 | 9:48 AM ET

    The Swiss franc gets a lift from the IMF, and the yen gets bruised by Fiche — time for your Friday FX Fix.

  • G8 Latest on Global Economic Policy     Friday, 27 May 2011 | 9:07 AM ET

    A check on G8 leaders as they try to make some decisions on global aid, with CNBC's Ross Westgate.

  • IMF 'Not Contemplating' Greek Debt Restructuring Friday, 27 May 2011 | 8:53 AM ET
    WASHINGTON, DC - MAY 19: International Monetary Fund First Deputy Managing Director, John Lipsky prepares to speak at the Peterson Institute, on May 19, 2011 in Washington, DC. Lipsky who is acting as Dominique Strauss-Kahn's replacement delivered this years annual lecture on global recovery and global cooperation. (Photo by Mark Wilson/Getty Images)

    The IMF is sticking to a program that "does not contemplate" Greek debt restructuring, acting managing director John Lipsky told CNBC on the sidelines of the G8 conference in Deauville, France.

  • Forget Greece, China Key for Euro: Analyst Friday, 27 May 2011 | 8:36 AM ET

    Those fearing the effects of Greece’s parlous economic state on the euro shouldn’t worry as long as the currency has support from China, according to a currency analyst.

  • Young and Restless in Spain as Jobless Rate Soars Friday, 27 May 2011 | 6:53 AM 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.

    The first thing Silvia Huelves was told when she started studying architecture was that she should take up Chinese or Japanese -- she was never going to build anything in Spain any time soon.

  • Despite "a machine gun" being taken to equity markets this year, the asset class' longer term poor performance has masked its considerable resilience, Guy Monson, fund manager at Sarasin & Partners, said.

  • Should Bond Buyers Bet on Stalling US Economy? Friday, 27 May 2011 | 5:40 AM ET
    Bernanke Testifies to Congress on U.S. Monetary Policy

    Fears over the continuing European sovereign debt crisis and weaker than expected economic data from the US helped to push the price of US Treasurys up and take yields to a six month low on Thursday as investors looked for safety.

  • Obama Heads Towards Underpriced Property Market  Friday, 27 May 2011 | 2:02 AM ET
    Budapest, Hungary

    Investors should not focus just on the politics in Eastern Europe but rather turn their eyes towards its underpriced commercial property markets, Holger Schmidtmayr, Board Director at Austrian real estate investment company Sparkassen Immobilien, told CNBC.com.

  • 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.