Nader Mousavizadah, co-founder of Macro Advisory Partners, tells CNBC that France is up against some deep structural challenges.» Read More
The future of the euro is secure despite the debt crisis engulfing parts of the euro zone, Ewald Nowotny, one of the governors of the European Central Bank (ECB), told CNBC Tuesday.
A tax on euro zone banks and cheaper, longer-dated official loans are the least risky way to provide extra funding for debt-stricken Greece, a confidential paper drafted ahead of a European summit showed on Tuesday.
Politicians on both side of the Atlantic are playing a "dangerous game" over the debt crisis, Beat Wittmann, Chairman of DynaPartners, told CNBC Tuesday.
Hermes raised its full-year revenue forecast on Tuesday as growing demand for its silk scarves, fashion accessories and leather bags showed no sign of slowing despite a foggy economic outlook.
European markets were expected to open slightly higher Tuesday, rebounding from Monday's losing session as the concerns over last week's European bank stress tests are replaced by optimism over company earnings.
Nervous investors are not only focusing on growing global debt fears, but on a new bearish economic report from Goldman Sachs, with James Pethokoukis, Reuters Breakingviews; Lee Munson, Portfolio Asset Mgmt.; and Anthony Scaramucci, Skybridge Capital.
A plan of "overwhelming force to let the markets know that once and for all you’re putting out the fire" in Europe, should start with letting Greece, Portugal and Ireland default, Neel Kashkari told CNBC Monday.
European stocks were expected to open lower Monday as unease about debt issues maintains its grip on both sides of the Atlantic, pushing gold to a new record high.
Eight banks, including two Greek banks, five Spanish and one Austrian bank have failed the European Banking Authority stress tests, the agency said on Friday.
The results of the banking stress tests, due on Friday after the close of European markets, will be worst for German and Spanish banks, analyst Ralph Silva of SRN told CNBC Friday.
Worldwide stocks could lose 35 percent of their value if the euro zone sovereign debt crisis worsens, according to research from Deutsche Bank.
European stocks were set for a lower open Friday, after ending the previous session down on lingering worries about the euro zone's debt problems.
European banking stress tests will be a missed opportunity for policymakers to reassure markets unless they come down heavily on undercapitalized banks, analysts and investors told CNBC.com.
The beleaguered Italian banking sector is gradually improving, with asset quality and capital ratios getting better, according to analysts at Citigroup.
European stocks are expected to open sharply lower on Thursday following a late sell-off on Wall Street as Moody's warned on US debt.
Fitch Ratings on Wednesday downgraded Greece deeper into junk territory, citing the absence of a new and fully funded financing program for the country.
CNBC's Scott Cohn with a special report on the former IMF leader and the scandal that shocked the world and rocked French politics.
As the crisis in the peripheral area of the euro zone threatened to drag Italy down further on Wednesday, the majority of the region now faces further contagion.
The Irish economic recovery has been held back by credit ratings agency Moody's downgrading its rating to junk status, Minister for Jobs, Enterprise and Innovation Richard Bruton said Wednesday.
Finding a solution to the euro zone crisis is such a complex task that investors, as well as many citizens of the European Union, have grown disgruntled with attempts to sort out the debt.