European stocks were expected to open higher on Thursday following a crunch vote in the Greek parliament on Wednesday, approving a fresh round of austerity measures in the country and amid optimism that a second vote will pass on Thursday to turn the measures into law.
Press reports that the European Banking Authority (EBA) could fail up to 15 European banks as a show of the strength and resilience of the tests are completely unfounded, the EBA’s chairman said on Wednesday.
The Greek Parliament has voted to back a package of deep spending cuts that should go some way in clearing a path for a second bailout for the country.
The UK government needs to address the concerns that the parliamentary committee which oversees the banking industry still has over its proposed regulatory reforms, a senior Conservative politician has told CNBC.com
European politicians need to "stop talking like accountants and become leaders," Harris Ikonomopoulos, president of the British Hellenic Chamber of Commerce, told CNBC Wednesday.
European stocks were expected to open higher after ending up on Tuesday’s close amid optimism that the Greek parliament will approve fresh austerity measures in a vote on Wednesday.
"It is not unrealistic for China to backstop the euro zone crisis," said Mark Mobius, the executive chairman of Templeton Emerging Markets Group in an interview with CNBC on Tuesday from Monaco.
European stocks were expected to open higher on Tuesday after edging up by Monday’s close on fresh hopes that private bondholders could share the burden of Greek debt.
Dominique Strauss-Kahn's resignation following a sex scandal triggered worldwide discussion about who will get the top position in the Washington-based organization. Click to see the former heads of the IMF.
Trading of stocks in France's CAC 40 index resumed at 1045 GMT on Monday after a technical problem led Euronext to suspend trading for about 30 minutes.
New capital requirements proposed by global regulators demanding that the biggest banks hold extra capital by 2019 will bring about a new recession, Rochdale's vice-president for equity research Dick Bove wrote in a weekend market note.
European stocks were expected to open lower on Monday after all the major indexes fell on Friday, amid lingering concerns over Greek debt ahead of parliamentary votes on fresh austerity measures due to take place on Wednesday and Thursday.
China's premier Wen Jiabao arrived in Hungary on Friday as part of a five-day tour of Europe that analysts expect will see the Chinese government attempt to reassure markets over its economic management and lend rhetorical support to Europe's economies.
German Chancellor Angela Merkel on Friday said she was optimistic that Greece would be able to push through a new package of austerity measures needed in return for further bailout funds.
After a volatile session on Thursday as the International Energy Agency unveiled plans to release strategic reserves in a bid to push oil prices lower, stocks look set for a strong end to the week.
European stocks were expected to open sharply higher on Friday following news that Greece won the consent of the European Union and International Monetary Fund for a new five year austerity plan.