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Eastern Europe

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  • Greek Rescue Issue Is As Much About E.U. As Greece Thursday, 11 Feb 2010 | 10:24 AM ET

    Resolving the Greek debt mess is about more than the financial crisis and fiscal responsibility, say experts. It's also about keeping Europe together.

  • EU Searches For Political Answer to Economic Problem Wednesday, 10 Feb 2010 | 5:19 PM ET

    The European Union is wrestling with complex political considerations as much as economic ones that are likely to play a pivotal role in the timing and shape of any aid package to resolve the Greek debt crisis, experts say.

  • Baltic Poor Take Austerity Measures on Chin Wednesday, 10 Feb 2010 | 6:19 AM ET
    Lithuania

    As financial markets panic about the risks to the euro from laxer governments in southern Europe, the northern Baltic states are already in tight fiscal bandages as they experience Europe's most severe recession.

  • Busch: US Crisis Lesson For Europe Thursday, 4 Feb 2010 | 10:57 AM ET

    Case in point, it seems the IMF is the only body that may have the legal capability to assist these countries in their time of need. This reminds me of something, what is it?

  • Roubini: It Would Take a Crisis to Change Russia Thursday, 4 Feb 2010 | 6:26 AM ET
    Nouriel Roubini

    It would take a sharp fall in the price of oil or another crisis to change Russia's economic system for the long term, Nouriel Roubini, economist and New York University Professor, told CNBC Thursday.

  • Inside the BRIC's Enigmatic 'R' Thursday, 4 Feb 2010 | 3:20 AM ET

    Russia is still one of the most enigmatic, complex and confusing countries on this planet. It is a country that ever since the break down of the Soviet Union in 1991 has been promising modernization, promising to invest in new technologies and promising to reduce its economic dependence on its vast natural resources.

  • 2010 Top Risks Monday, 4 Jan 2010 | 4:41 PM ET

    Expect 2010 to be much more turbulent year geopolitically speaking than last year, according to the latest report out by Eurasia Group.

  • Latvia's Economy Sheds a Fifth of Its Value Wednesday, 9 Dec 2009 | 7:49 AM ET

    Latvia's economy shed 19 percent of its value in the third quarter compared with a year earlier, the country's statistics agency said Wednesday, highlighting the woes in the European Union's worst economy.

  • Who Is Dubai Contagion Likely to Affect Most? Tuesday, 1 Dec 2009 | 7:01 AM ET

    1st paragraph of story should go here

  • Romanian Opposition Says President Hit Boy in Face Monday, 30 Nov 2009 | 1:58 PM ET

    Romania's government has collapsed and its economy is in shambles but its presidential campaign has been dominated in recent days by a video that appears to show the president striking a 10-year-old boy in the face.

  • Ashton Goes from Unknown to Top Diplomat Friday, 20 Nov 2009 | 8:21 AM ET

    European heads of states appointed Baroness Catherine Ashton as the European Union's foreign-policy chief, the so-called first EU Foreign Minister, Thursday evening.

  • Why German Opel Workers Can't Stand GM Friday, 6 Nov 2009 | 6:59 AM ET
    Workers of the Opel plant, a subsidiary of General Motors, in Bochum, western Germany, block the entrance gate on Monday Oct. 18, 2004. Workers protest against plans of the carmaker's parent company General Motors to cut some 10,000 jobs in Germany. (AP Photo/Frank Augstein)

    General Motors is already feeling the backlash of its decision not to sell European automaker Opel to Magna International, as workers in Germany went on strike.  GM faces not just ire over American-European cultural differences, but worker unease at job security, European-style.

  • Crisis Sweeps Through Central and Eastern Europe Tuesday, 3 Nov 2009 | 3:34 AM ET
    The European Union's former communist members spooked the West earlier this year, when some investors and analysts believed their crumbling economies could send shockwaves through the system and even sink the EU.The International Monetary Fund and the EU have pumped billions of euros in Central and Eastern European countries to alleviate the pain of the crisis, but their economies are still suffering. Click ahead to see what they expect for this year.

    The International Monetary Fund and the EU have pumped billions of euros in Central and Eastern European countries, but their economies are still suffering.

  • London Fashion Week Friday, 30 Oct 2009 | 7:12 AM ET

    Held at the iconic Somerset House in London's West End, the catwalk shows and exhibitions highlighted the UK's place in the global fashion landscape along with featuring new talent.

  • New Russia MBA Program Tackles Bribery, Red Tape Wednesday, 30 Sep 2009 | 4:51 AM ET

    A handful of top Russian business figures have created an MBA program that tackles the issues they faced themselves: bribery, relentless bureaucracy, imperfect laws.

  • Young Foreigners Look for Jobs in China amid Crisis Monday, 21 Sep 2009 | 4:15 AM ET

    Young foreigners are coming to China to look for work in its unfamiliar but less bleak economy, driven by the worst job markets in decades in the United States, Europe and some Asian countries.

  • Lots of Technical Talk Wednesday, 2 Sep 2009 | 9:02 AM ET

    Lots of technical talk this morning on yesterday's weakness. RBC Capital Markets, in a note to clients this morning, noted that "An inability to make new highs into late September would be a significant negative for stocks well into Q4."

  • Latvia Will Continue to Defend Currency: C. Banker Wednesday, 19 Aug 2009 | 5:01 AM ET

    Latvia will continue to intervene to defend its fixed-rate currency as it has sufficient foreign exchange reserves to do so, Bank of Latvia governor Ilmars Rimsevics told CNBC in an exclusive interview Wednesday.

  • London Tube Strike Causes Chaos Thursday, 11 Jun 2009 | 6:53 AM ET

    A strike by metro drivers wrought havoc on the streets of London, with thousands of commuters seeking alternative ways to get to work and overground traffic sometimes grinding to a halt.

  • Euro May Bring Europe Down: EU Parliament Member Tuesday, 19 May 2009 | 4:47 AM ET

    The singe European currency may bring the end of the whole European Union, because its one-size-fits-all approach means countries on the "wrong" side of the economic cycle lose out, European MP Nigel Farage said.