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The European Union

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  • German Finance Minister: Markets Out of Control Thursday, 20 May 2010 | 8:26 AM ET
    A trader sits in front of a board displaying Germany's share index DAX at the stock exchange in Frankfurt/Munich, western Germany.

    The man at the eye of the financial storm that has engulfed the euro has learnt to be patient after 20 years confined to a wheelchair. But Wolfgang Schaeuble, Germany’s finance minister, is also a man in a hurry, the Financial Times reported.

  • Speculative Attack on Euro 'a Lie': Strategist Thursday, 20 May 2010 | 7:46 AM ET
    Euro bills

    Speculators are not responsible for the current pressure on the euro, the currency is struggling because of political failures and diminished enthusiasm for the monetary union in Germany, Hans Redeker, global head of foreign exchange strategy, told CNBC Thursday.

  • Cramer: Europe to Collapse in 48 Hours – or Never Wednesday, 19 May 2010 | 4:42 PM ET

    Plus, get the Mad Money host’s latest take on the financial-regulation debate.

  • 'Chain of Dominoes' Giving Investors Cause For Worry Wednesday, 19 May 2010 | 2:07 PM ET

    As isolated events, the turbulence in the world markets probably wouldn't add up to much. But put everything together and you get a recipe for investor nausea.

  • With the global markets in turmoil, Glenn Dubin, founder of Highbridge Capital Management, told CNBC his hedge fund is acting defensively by dramatically cutting risk, reducing its balance sheet and crossing strategies in different regions of the world.

  • With the Euro Zone crumbling under pressure of a debt crisis, Michael Novogratz, president of Fortress Investment Group, told CNBC his hedge fund is de-risking its position and moving toward the US to play the anti-growth trade.

  • Yoshikami: Reposition for Market Correction Wednesday, 19 May 2010 | 11:41 AM ET

    Corporate earnings in the U.S. have largely been overshadowed by ongoing concerns over public debt in the European continent. But if one takes the time to look past events overseas and focus on earnings numbers from U.S. firms, most have surprised on the upside.

  • Nouriel Roubini

    Current efforts to reform financial regulation are “cosmetic” and won’t prevent another crisis, economist Nouriel Roubini said Tuesday.

  • Morici: Lessons from Greece for the United States Tuesday, 18 May 2010 | 4:52 PM ET

    As the Flash Crash in U.S. equity markets May 6 illustrated, problems in Greece can have grave consequences for not merely other Mediterranean economies and Europe, but U.S. and the broader global economy.

  • Europe could be headed for a period of stagflation as governments struggle to reform their fiscal policies and growth weakens, investor Wilbur Ross told CNBC.

  • Could Italy Be Better Off than its Peers? Tuesday, 18 May 2010 | 8:25 AM ET

    As Greece gets its first instalment of aid from the European Union Tuesday, investors and traders are concerned about the fiscal strength of the other PIIGS: Portugal, Italy, Ireland and Spain.

  • March 2009 Lows Will Be Tested: Strategist Tuesday, 18 May 2010 | 5:22 AM ET

    The stock markets' March 2009 lows could be tested and even broken as sovereign debt continues to grow in Europe and stimulus measures wane, Philippe Gijsels, head of research at BNP Paribas Fortis global markets, told CNBC.com Tuesday.

  • EU Set to Fine Samsung Elec, Hynix, Infineon: Report Monday, 17 May 2010 | 11:17 PM ET

    Nine memory chip makers, including Samsung Electronics, Infineon and Hynix Semiconductor, are set to be fined by EU regulators this week on charges of illegally fixing prices.

  • Dealing With the ‘New Bad’ Monday, 17 May 2010 | 6:59 PM ET

    Here is part one of Cramer’s weeklong stock-market survival school.

  • Where Would Pre-Euro Currencies Trade at Now? Monday, 17 May 2010 | 4:15 PM ET
    The European Union’s single currency continued to slump, despite a $1 trillion rescue loan package, as traders and investors remained skeptical about the fiscal strength of euro zone members like Greece and Portugal. The euro hit a 4-year low against the dollar on May 17, and there has been speculation about whether the current currency union format will survive. Spanish newspaper El Pais reported that French President Nicolas Sarkozy threatened to pull France out of the euro if an aid package f

    Using those rates and the latest euro close of $1.236 on May 14, we can see how those currencies would trade against the greenback.

  • Emerging Market Rising: Colombia Monday, 17 May 2010 | 12:24 PM ET

    Mention Colombia to the average American and negative references come forth—drug trade, instability and guerrilla warfare. But Colombia,  like some other emerging-market countries, has sidestepped the current economic downturn that has plagued developed nations, and is moving up.

  • Greek Leader Considers Action Against US Banks Monday, 17 May 2010 | 6:22 AM ET

    Greek Prime Minister George Papandreou declared he is not ruling out taking legal action against U.S. investment banks for their role in creating the spiraling Greek debt crisis.

  • How Close Did Europe Come to Lehman-Style Crisis? Monday, 17 May 2010 | 4:15 AM ET

    1st paragraph of story should go here

  • Goldman Sachs Did Nothing Illegal: Clinton Friday, 14 May 2010 | 11:30 AM ET
    Former U.S. President Bill Clinton seen speaking during the inaugural Rural Summit in Washington, DC

    Former President Bill Clinton says it is "time to lower the rhetoric and talk about the facts," in reference to the government's scrutiny of Wall Street.

  • EU Bailout Package Just a 'Fig Leaf': Rogoff Friday, 14 May 2010 | 8:13 AM ET

    The European Cental Bank's bailout package is just a $1 trillion fig leaf covering the problem and a better move would have been to arrange for Greece and Portugal to leave the European Union.