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The European Union

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  • You've Missed the Rally: Analysts Thursday, 14 May 2009 | 8:34 AM ET

    The recent rally in stocks has run out of steam and there are no reasons for it to come back, two analysts told CNBC Thursday.

  • The ECB Will Have to Print Money: Strategist Tuesday, 12 May 2009 | 8:14 AM ET

    The European Central Bank will have to print and sell euros in the currency markets to alleviate the pain the strong single currency is causing to the euro zone, David Bloom, global head of foreign exchange strategy at HSBC told CNBC Tuesday.

  • Danske Bank Does Not Need To Raise Capital: Analyst Monday, 11 May 2009 | 7:04 AM ET

    Danske Bank has access to fresh capital if economic conditions worsen, as recent commitments for a loan from the government would provide it with enough of a cushion, an analyst with financial services investment bank KBW told CNBC.com Monday.

  • US Stress Tests Leave Europe's Banks Exposed Saturday, 9 May 2009 | 9:53 AM ET

    The results of the stress tests on 19 of the biggest US banks have left European banks exposed, as they now look vulnerable to recapitalization needs and to claims that not all checks were made to ensure rules were being followed, analysts said on Friday.

  • Economists Plead for Lower Euro Rates Friday, 1 May 2009 | 8:18 AM ET

    The European Central Bank Shadow Council said it saw no need to set an interest rate floor at 1 percent, smashing official ECB proposals to prevent the rate from reaching 0 percent.

  • A New Chance for Online Gambling in the U.S. Monday, 27 Apr 2009 | 12:03 PM ET
    Pokerstars

    Executives of some European gambling companies are whispering that they may get a second chance in the United States.

  • Green Grows On Investors Sunday, 19 Apr 2009 | 6:36 PM ET
    Green Invests Here | A CNBC Special Report

    With a the global economy in recession and energy prices in a slump, the green sector might be languishing, but the Obama administration's commitment to conservation and alternative energy is keeping more than just the die-hard optimists in the game.  As we mark another Earth Day and another Green Is Universal week, few doubt that green is a sustainable business. So check out our special report, "Green Invests Here."

  • Pressure Grows On Government To Up Green Spending Friday, 17 Apr 2009 | 3:32 PM ET
    Strommasten in Bonn am Montag, 15. Januar 2007. In der Bundesregierung gibt es gegensaetzliche Haltungen zu der von der Europaeischen Union geforderten Zerschlagung der Stromkonzerne. Nach Wirtschaftsminister Michael Glos (CSU) signalisierte auch Umweltminister Sigmar Gabriel (SPD) seine Bereitschaft fr entsprechende Plaene. Dagegen warnte Aussenminister Frank-Walter Steinmeier (SPD) vor einem solchen Schritt. (AP Photo/Roberto Pfeil) ---Power poles in Germany by Bonn, Monday, Jan. 15, 2007. (AP

    With big companies like BP, Shell and Iberdrola scaling back investment in renewable energy, analysts say governments need to pick up the slack.

  • Pros Say: ECB Should Help Eastern Europe Friday, 10 Apr 2009 | 1:34 AM ET

    Reports that the IMF suggested that Eastern European countries should adopt the euro as soon as possible to solve their current account deficit and exchange rate problems have been dismissed by some experts.

  • Can the East Really Sink the European Union@f1 Friday, 10 Apr 2009 | 1:33 AM ET

    The once-booming CEE is stealing the limelight again but this time for less palatable reasons. As one analyst put it, "Eastern Europe's problem is a greater weight on the Western European nations than the subprime is in the United States."

  • EU Regulators Drop MasterCard Fine Wednesday, 1 Apr 2009 | 7:12 AM ET

    European Union regulators said Wednesday they would drop a threat to fine MasterCard after the company promised to temporarily cut fees it charges for cross-border card purchases which can hike costs for shops.

  • Why Europe Resists Printing Euros Wednesday, 25 Mar 2009 | 4:53 AM ET

    With other central banks acting to create money out of thin air because they cannot lower short-term interest rates any further, the ECB remains wary of the specter of inflation.

  • M1 MilkPS coffee machine.

    The European Commission was embarrassed when The International Herald Tribune reported last December that the commission had bought 21 deluxe espresso makers costing 5,000 euros each, then about $7,500.

  • The leaders of the European Union gathered Sunday in Brussels in an emergency summit meeting that seemed to highlight the very worries it was designed to calm: that the world economic crisis has unleashed forces threatening to split Europe into rival camps. The New York Times reports.

  • As it Falters, Eastern Europe Raises Risks Tuesday, 24 Feb 2009 | 8:02 AM ET
    Map of Europe

    The development boom that turned Poland, Hungary and other former Soviet satellites into some of Europe’s hottest markets is on the verge of going bust, raising worrisome new risks for the global financial system that may ricochet back to the United States.

  • Dr. Doom: Nationalizing Banks is 'Market Friendly' Tuesday, 24 Feb 2009 | 6:31 AM ET
    Credit Crisis

    Nationalizing insolvent US banks is the best solution to avoid a Japan-like scenario in which 'zombie' financial institutions would eat up public resources while the US economy would teeter on the brink of depression, Nouriel Roubini, economics professor at NYU and chairman at RGE Monitor told CNBC Tuesday.

  • Baccardax: Here's How to Fix this Mess Monday, 23 Feb 2009 | 9:14 AM ET

    The most obvious pothole on the road to reparation is mark-to-market valuation; and it remains a mystery to me as to why this less than two-year old accounting rule remains the most ignored portion of debate.

  • Baccardax: Eastern Europe Could Dump Gold Wednesday, 18 Feb 2009 | 9:15 AM ET
    Gold Bars

    It doesn’t take a huge amount of bad news to push investors back into the safe arms of the bond market these days.

  • Baccardax: The Wrong Irish Referendum Monday, 16 Feb 2009 | 8:13 AM ET

    If stock markets are about poetry (and certainly more tragedy than comedy these days) bond markets are a lot more about prose. So it’s easy to see the iron in the fact that the finances of the nation of poets is coming under real and sustained pressure not from what’s happened in its equity markets, but rather its debt.

  • If Obama Blesses Natural Gas... Monday, 2 Feb 2009 | 9:22 PM ET

    This sector's taken a bit hit lately. But if Washington smiles on this alternative fuel, at least one stock might do well.