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The European Union

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  • Futures Fall After Greece Asks for Aid Friday, 23 Apr 2010 | 6:23 AM ET

    U.S. stock index futures turned slightly lower before the open Friday as the Greek Prime Minister requested aid from the International Monetary Fund and European Union.

  • Overseas Marijuana Laws: Leaning Toward Lenient Tuesday, 20 Apr 2010 | 12:02 AM ET
    Amsterdam coffee shop

    Portugal and Spain  provide as good as an example as The Netherlands. In both countries, the drug is illegal, but you'd never know it based on some quirky technicalities.  The general trend is about prevention, not punishment.

  • British Airways screen

    The sell-off in oil has intensified as much of Europe is still paralyzed by air travel disruptions caused the the volcanic ash cloud hovering above parts of the continent.

  • Recovery in Danger Because of New Imbalances: ECB Thursday, 15 Apr 2010 | 6:54 AM ET
    Flags of member states of the European Union.

    Distortions in the global economy that provided the backdrop to the financial crisis threaten to widen again and upset the world-wide recovery, the European Central Bank has warned.

  • Farrell: China and Greece on My Mind Wednesday, 14 Apr 2010 | 11:25 AM ET
    Greece

    Greece easily sold a bunch of short term bills Tuesday morning with demand far exceeding the supply. An originally planned sale of 1.2 billion Euros in 6 and 12 month bills was expanded to 1.56 billion Euros. The yields were so high, however, as to be painful.

  • Farrell: An Olympic Effort to Save Greece Tuesday, 13 Apr 2010 | 9:53 AM ET
    The Parthenon in Greece

    Big brother and big sister came to the rescue—sort of—and said they would throw in 60 billion of Euros—maybe—if Greece needed it. If they need it?

  • The Parthenon in Greece

    Over the weekend, the EU and IMF announced a support package for Greece that appeared initially to mollify German constitutional concerns.

  • This Is Still a Short-Term Fix for Greece Monday, 12 Apr 2010 | 6:53 AM ET

    The next 24 hours will be critical for Greece and its economy. After news over the weekend that the euro zone put together a rescue package, Athens will now test the markets reaction.

  • Hungary Votes, but What of the Economy? Monday, 12 Apr 2010 | 5:07 AM ET
    Hungary

    1st paragraph of story should go here

  • Lunch-Only Beer Policy Prompts Carlsberg Strike Friday, 9 Apr 2010 | 9:45 AM ET
    Carlsberg Beer

    Scores of Carlsberg workers walked off their jobs in protest Thursday after the Danish brewer tightened laid-back rules on workplace drinking and removed beer coolers from work sites, a company spokesman said.

  • Would Rescuing Greece Make Matters Worse? Friday, 9 Apr 2010 | 4:07 AM ET

    Attempts to rescue Greece are simply making matters worse and the quicker the crisis comes, the better for the world.

  • Greece Rumor Mill Keeps on Turning Tuesday, 6 Apr 2010 | 2:57 PM ET

    Growing soverign debt speculation has renewed anxiousness about Greece's financial footing as borrowing costs sharply increase.

  • Busch: Greek Buyers Remorse Tuesday, 6 Apr 2010 | 10:23 AM ET
    Greece

    Today, the Euro came under pressure with after a series of stories have emerged over the last 24 hours on the details for a Greek bailout.

  • UK Needs Higher Corporate Taxes: Business Leaders Monday, 5 Apr 2010 | 7:34 PM ET

    A new UK government should make dealing with the budget deficit and cutting spending its main priority immediately after the election, a CNBC survey of 300 business leaders showed Tuesday.

  • CDSs Will Come Under Close Scrutiny: EU's Barnier Thursday, 1 Apr 2010 | 8:36 AM ET

    Credit default swaps (CDS) will be looked at closely to ensure transparency but they aren't necessarily going to be banned, EU Financial markets commissioner Michel Barnier told CNBC.

  • Greek Debt Chief: EU Deal Talk Hurt More than Helped Tuesday, 30 Mar 2010 | 9:03 AM ET

    The talk around the deal agreed by EU leaders to support Greece in case it needs more liquidity hurt the country more than it helped, Petros Christodoulou, director general of Greece's Public Debt Management Agency, told CNBC.

  • Europe In for More Nasty Surprises: Chief Investor Tuesday, 30 Mar 2010 | 7:35 AM ET
    Traders work in the ten-year U.S. Treasury Note options pit at the Chicago Board of Trade in Chicago, Illinois, U.S.

    Of all the regions in the world, Bhaskar Laxminarayan, chief investment officer at Pictet Asia, told CNBC he has the least confidence in Europe right now and warned that there could be more negative surprises coming out of the region.

  • German Victory in Brussels Blows Away EU Illusions Monday, 29 Mar 2010 | 2:25 AM ET
    Euro bills and coins

    If EU nations want to sustain a currency union with Germany, they have to implement economic and budgetary changes that bring their performance into alignment with Germany, according to Marc Ostwald, strategist at Monument Securities.

  • ECB's Weber Says Current Rate Levels Appropriate Sunday, 28 Mar 2010 | 11:07 AM ET
    Flags of member states of the European Union.

    European Central Bank Governing Council member Axel Weber said current interest rate  levels are appropriate, signaling that the central bank will stick to low rates for some time, the Nikkei newspaper reported on Sunday.

  • Murdoch's UK Papers to Charge for Web Access Friday, 26 Mar 2010 | 9:24 AM ET

    The Times and The Sunday Times newspapers will begin charging for Internet access to content in June, offering subscriptions at 1 pound ($1.48) a day or 2 pounds a week, News International announced Friday.

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