CNBC's Simon Hobbs reports the top business stories from Europe, as investors worry the U.S. Federal Reserve may taper its bond purchase program.» Read More
The European Central Bank—or ECB—is the central bank for Europe's single currency, the euro. Managing the euro and the countries that use it is a big task, as CNBC explains.
To help solve Europe's sovereign debt crisis, a special organization was set up in 2010 called the European Financial Stability Facility, or EFSF. So what is it and how does it work? CNBC explains.
Ewan Cameron-Watt, BlackRock Investment Institute, discusses whether investors should be more concerned about Italy or Greece.
Greece will default, U.S. economist Martin Feldstein told CNBC Wednesday, and it might be good for the country to leave the European Union.
Summit hopes give risk-on currencies a lift, and there's a prize for a euro exit plan - time for your FX Fix.
Discussing Europe's debt crisis and whether the EFSF will fund the bailout to the tune of 2 trillion euros; and Moody's downgrades Spain, with Larry McDonald, Newedge. Also, CNBC's Jon Fortt has the latest details from Apple's conference call.
Putting more capital into the banking system is not enough to solve Europe's financial problems or restore investor confidence, said Josef Ackermann, CEO of Deutsche Bank.
Spain's debt rating is cut, the G20 is all about Europe, but the sun in shining in Singapore — it's time for your FX Fix.
S&P's one notch downgrade of Spain to AA- will probably make no difference to the market, John Wraith, fixed income strategist at Bank of America Merrill Lynch, told CNBC.
Plans to force Europe’s banks to increase their equity capital to ensure they can withstand the worsening euro zone debt crisis and restore confidence in the sector have been met with criticism from analysts and business leaders, who fear the proposals will lead to dilution for shareholders and a further backlash.
The domino effect of a Greek default is almost inevitable because of the integrated banking system within Europe, a consultant told CNBC Thursday.
Moody’s downgrade of 12 British banks last week is irrelevant to the current state of the UK banking sector, analysts told CNBC.com, adding that hell has a better chance of freezing than any British bank failing.
The increasingly difficult economic environment for young people is the biggest challenge developed economies face today, a senior trader told CNBC.com.
Today's nonfarm payroll report gave investors reason to hope. Here's how to use currencies to trade on a possible near-term economic recovery.
Many financial institutions are ready to take a hit on Greek debt, but are wondering where the "line in the sand" will be drawn, Andrew Moss, Aviva CEO, told CNBC.
The euro zone will need political unification to save the euro, Alan Greenspan, former chairman of the US Federal Reserve, wrote in an opinion piece in the Financial Times.
Aviva is exposed to Ireland, Spain and Italy because it has large life insurance businesses there, Andrew Moss, Aviva CEO, told CNBC. He added that overall, he was comfortable with these exposures.
French banks could handle a capital hit caused by their exposure to peripheral sovereign debt, but have fallen victim to negative market sentiment, David Byrne, director of fund management at Swiss Canto Funds Centre in London, told CNBC.
When chancellor of the exchequer, George Osborne, got up to speak at the Conservative party conference on Monday, he knew he had to tread a fine line between optimism that the British economy could recover and wasn’t going to fall into a "double-dip" recession, versus facing down calls from the Liberal Democrats to ease public spending cuts and those on the right of his own political party calling for an end to the 50p tax rate at the very least.
As the Spanish economy fails to drag itself out of the mire created by its debt burden, its Employment Minister Valeriano Gomez admitted to CNBC that it would likely miss growth targets this year.