Eastern Europe


  • Drought Doubles the Price of Barley in 6 Weeks Monday, 9 Aug 2010 | 7:20 AM ET

    “The rise has gone unnoticed because all the attention was on wheat,” Abdolreza Abbassian, senior grain economist at the United Nations’ Food and Agriculture Organization in Rome, told the Financial Times.

  • Hungary Blames Its Central Bank for a Fiscal Crisis Tuesday, 3 Aug 2010 | 9:23 AM ET
    Budapest, Hungary

    The governor of the Hungarian Central Bank has it worse than most. Not only has the new government placed the blame on him, among others, for Hungary's stagnant economy, it has slashed his salary by 75 percent. The NYT reports.

  • European Bank Stress Tests Worked: Sort Of Saturday, 31 Jul 2010 | 12:20 PM ET
    Map of Europe

    A week after the authorities released results of stress tests on the largest European banks, market data is starting to provide an indication of whether the exercise had the desired effect on confidence. The answer: sort of. The NYT explains.

  • Euro Prophet of Doom: Beware Italy's Grey Economy Friday, 23 Jul 2010 | 7:38 AM ET
    Statue and Italian Flag in front of Vittorio Emanuele monument.

    "They have a huge informal economy. Informal economies don't pay taxes but people eventually show up as they get older looking for pension and looking for health care," Edward Hugh, nicknamed "Europe's prophet of doom," told CNBC.

  • Central Banker Fears 'Permanent' Damage to Growth Tuesday, 20 Jul 2010 | 9:28 AM ET

    The financial crisis might have sapped Europe's growth for a long time, and there are fears that the slowdown is permanent, Polish central bank governor Marek Belka told TVN CNBC Tuesday.

  • Japan Vulnerable to Debt Crisis in 5-10 Years: Rogoff Thursday, 8 Jul 2010 | 12:32 AM ET

    Japan is vulnerable to a sovereign debt crisis in five to 10 years from now, warned Kenneth Rogoff, former chief economist the International Monetary Fund.

  • One energy name gets an upgrade and the analyst who made the call explains why he likes this space.

  • Oil Remains King in Russia, But for How Long? Tuesday, 22 Jun 2010 | 12:46 PM ET

    One of the major topics of conversation at the just-concluded economic forum in St. Petersburg, Russia, was energy, specifically oil and the situation in the Gulf. That’s not surprising, as Russia is very rich in oil, natural gas and other commodities.

  • What Crisis? The Euro Zone Adds Estonia Friday, 18 Jun 2010 | 6:26 AM ET

    Guess what? The funniest thing happened in Europe on Thursday. A new country joined (yes, joined) the euro zone. And the mood here was upbeat. Estonia will begin using the euro on Jan. 1.

  • A ‘Golden Opportunity’ to Buy Tech? Monday, 14 Jun 2010 | 7:24 PM ET

    Cramer lists the stocks with “jaw-droppingly low valuations.”

  • Plenty of Positives; Why Can’t Bulls Get It Together? Wednesday, 9 Jun 2010 | 5:30 PM ET

    The market had plenty of reasons to rally but the bulls just couldn’t keep it together and by the close the Dow surrendered a triple digit gain.

  • Trading Strategies to Survive the Coming Week Friday, 4 Jun 2010 | 7:31 PM ET

    Cramer identifies some of the best high-yielding stocks at discount prices.

  • Europe's Two Most Important Tells Next Week Friday, 4 Jun 2010 | 7:31 PM ET

    A weak jobs report hobbled the US’ ability to counterbalance the Continent’s debt troubles. Now investors must keep an even closer watch on the EU.

  • Web Extra: Why Is Germany's Stock Market Climbing? Thursday, 3 Jun 2010 | 6:06 PM ET

    Over the past few weeks we've heard a great deal about a slowdown in Europe dragging down the globe, so why is Germany's stock market making gains?

  • Halftime: Has Market Hit Ceiling? Thursday, 3 Jun 2010 | 1:14 PM ET

    With S&P stalling at 1105, Guy Adami fears what was once support becomes resistance.

  • Why he thinks selling $2 trillion worth of 30-year Treasuries would help.

  • Cramer: Dow 8,260 as Downside Target Tuesday, 1 Jun 2010 | 6:46 PM ET

    The Mad Money host remains cautious of a European collapse, but still wants you to stay in the game.

  • Austerity Cripples Growth, Latvian PM Warns Monday, 31 May 2010 | 7:26 AM ET
    The European Debt Crisis - See Complete Coverage

    Latvia was one of the first European countries to introduce austerity measures almost two years ago as a condition of tapping the International Monetary Fund for emergency funding. 

  • Blonde Parade Hopes to Brighten Latvia's Economy Friday, 28 May 2010 | 11:09 AM ET
    Blondes parade through the streets of the capital Riga, during Blonde Weekend. An army of 500 blondes will try to put a smile back on the face of recession-weary Latvians by staging a festival this weekend designed to show that they really do have more fun.

    Organizers expect 800-1,000 blondes to participate in the parade on Saturday to show that they really do have more fun. They also hope the event will bring positive energy to Latvia, which is forecast to see its economy contract by 3.5 percent in 2010.

  • Will the Dow Plummet to 8,260? Tuesday, 25 May 2010 | 7:39 PM ET

    Maybe, if the European Union does nothing to stem its crisis, Asian economies screech to a halt and the US dollar reaches parity with the euro.