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

    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

    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

    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. 

  • Crescenzi: “The Keynesian Endpoint” Wednesday, 24 Nov 2010 | 2:44 PM ET

    Nations are left with old playbooks and fewer choices by which to resolve their respective problems. This means that time, devaluations, and debt restructurings might be the only way out for many nations. It also means the citizenry will require politicians that can think outside of the box and act with greater unity and resolve than perhaps they are used to.

  • Spain is Not Ireland: H. Rodgin Cohen Wednesday, 24 Nov 2010 | 12:51 PM ET

    Things are getting better in the long term when it comes to the banks and Europe, H. Rodgin Cohen, senior chairman at the law firm Sullivan & Cromwell, told CNBC Wednesday.

  • Has the EU Already Broken Up? Wednesday, 24 Nov 2010 | 12:22 PM ET

    What if the European Union broke up—and nobody bothered to tell you about it? Well, some are speculating that it has already happened.

  • Stand by Ireland to Stop Contagion: El-Erian Wednesday, 24 Nov 2010 | 9:59 AM ET
    EU building flags brussels

    Ireland faces an uphill struggle to survive the turmoil currently plaguing it, and the rest of Europe will need to stand by the country if it wants to avoid the debt crisis spreading further across the region, Mohamed El-Erian, CEO and co-CIO of Pimco wrote in a commentary piece for the Financial Times on Wednesday.

  • JP Morgan Eyeing Lehman's Former UK Premises Wednesday, 24 Nov 2010 | 5:52 AM ET
    Lehman Brothers' employees arrive at work on September 19, 2008 in London, England. For many employees at the American investment bank, today is their final payday following Lehman Brothers going into administration earlier this week.

    JPMorgan Chase is close to axing plans to build a £1.5 billion ($2.4 billion) European headquarters in Canary Wharf, opting instead for the former UK premises of Lehman Brothers, reports the Financial Times.

  • German Consumers Become Surprisingly Upbeat Wednesday, 24 Nov 2010 | 4:18 AM ET

    The surprisingly upbeat mood of German shoppers could have big implications for Europe. The Financial Times reports.

  • European Stocks Expected to Bounce After Selloff Wednesday, 24 Nov 2010 | 1:55 AM ET
    Traders sit in front of their screens at the stock exchange in Frankfurt/Munich, western Germany.

    Financial bookmakers expect to see Europe's top indexes rising on Wednesday, with resource-related shares finding support in rising metal and commodity prices.

  • Dublin to Take Majority Stake in Bank of Ireland Tuesday, 23 Nov 2010 | 6:33 PM ET

    The Irish government is poised to take a majority stake in Bank of Ireland, which will leave the Republic without a single significant lender independent of state control.

  • The Bazooka Theory is Backfiring Tuesday, 23 Nov 2010 | 11:00 AM ET
    arnold commando

    Yesterday, we blasted the Bazooka Theory at work in the European Union's bailout of Ireland. Today the Wall Street Journal provides even more evidence of the stupidity of the theory:

  • Japan in the Same League as the PIIGS? Tuesday, 23 Nov 2010 | 10:19 AM ET

    Japan will be forced to take austerity measures similar to those embarked upon in many European countries, but Prime Minister Naoto Kan’s five-month-old government has so far failed to take decisive action to get Japan’s economy back on track, Tobias Harris, author of "Observing Japan" said.

  • Portugal Prepares to Be Market Focus After Ireland Tuesday, 23 Nov 2010 | 6:37 AM ET
    Portugal

    Portugal is bracing for an increase in speculative trades against it as some investors expect it to be the next European nation to need a bailout now that Ireland is taking a massive loan to prop up its banks.

  • European Shares to Open Lower on Korean Jitters Tuesday, 23 Nov 2010 | 2:21 AM ET

    European stock index futures pointed to a lower open on Tuesday, as investors were rattled by mounting tensions in the Korean peninsula.

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