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  • Global Economy at Risk of Another Recession: Soros Wednesday, 27 Jan 2010 | 1:28 PM ET

    There is a "serious risk" the global economy could slip back into recession if world wide government stimulus measures are taken away, George Soros, chairman of Soros Fund Management, told CNBC Wednesday.

  • Roubini: Asset Bubble Is Beginning Now Wednesday, 27 Jan 2010 | 6:38 AM ET
    Nouriel Roubini

    Withdrawing economic stimuli and tightening monetary policy are difficult choices, but asset bubbles are cropping up, Nouriel Roubini told CNBC in Davos.

  • Euro Will Be Here Forever: ECB's Weber Wednesday, 27 Jan 2010 | 5:08 AM ET
    ** FILE ** Euro coins fall out of the hands of a person in Frankfurt, central Germany, Feb. 4, 2007. The euro set an all-time high against the dollar Friday, April 27, 2007, buying US$1.3682 as fears about a U.S. economic slowdown mounted amid signs of weak growth. L(AP Photo/Michael Probst)

    The European Central Bank will start phasing out the measures it took to boost liquidity at the height of the crisis and it cannot cater to the needs of individual countries with problems, Axel Weber, ECB governing council member, told CNBC Wednesday.

  • Debt of PIGS Weighs On European Union Tuesday, 26 Jan 2010 | 7:24 AM ET
    ** FILE ** Euro coins fall out of the hands of a person in Frankfurt, central Germany, Feb. 4, 2007. The euro set an all-time high against the dollar Friday, April 27, 2007, buying US$1.3682 as fears about a U.S. economic slowdown mounted amid signs of weak growth. L(AP Photo/Michael Probst)

    The budget problems of EU members Portugal, Ireland, Greece and Spain have made the unflattering acronym, PIGS, common parlance in global economic circles, such as that of the World Economic Forum's annual meeting in Davos, Switzerland this week.

  • Slash and Burn: How Ireland Is Cutting Spending Thursday, 21 Jan 2010 | 9:15 AM ET

    The country's budget slashes pay in the public sector and is now being seen as the model that countries such as Greece need to mimic.

  • Fire 'Overpaid' Air Traffic Controllers: Ryanair CEO Thursday, 21 Jan 2010 | 6:10 AM ET

    Ireland's government should be tougher on striking "overpaid" public workers if it wants to help the country get out of the economic recession, Ryanair CEO Michael O'Leary told CNBC Thursday.

  • Blog: Greece Has Problems but Perspective Please! Wednesday, 20 Jan 2010 | 11:10 AM ET
    Parthenon temple on Acropolis Hill, Athens, Greece

    Debt crisis! Public Spending out of Control! Bond Market Panic! Eurozone Collapse Fears! These headlines and many others of the same ilk are often used to describe situations akin to the present one facing the Greek economy.

  • Greece Does Not Pose Systemic Risk: Fitch Wednesday, 20 Jan 2010 | 9:53 AM ET

    Greece does not pose a systemic risk to the broader euro-zone area, according to ratings agency Fitch, which has twice downgraded Greek sovereign debt and still maintains a negative outlook on the country.

  • Greek Finance Minister: Idea of Euro Exit 'Absurd' Wednesday, 20 Jan 2010 | 5:43 AM ET

    The euro has been very good for Greece and the possibility of the country exiting the euro zone, as some analysts speculated recently, is "absurd," Greek Finance Minister George Papaconstantinou said Wednesday.

  • Greece Must Restore Credibility: Swedish Minister Wednesday, 20 Jan 2010 | 4:51 AM ET

    Greece needs to act on fraudulent reporting and political meddling of statistics to regain its credibility in the eyes of the European Union, Swedish Finance Minister Anders Borg told CNBC late Tuesday.

  • Does Greece Need Heroic Help Now? Wednesday, 20 Jan 2010 | 2:50 AM ET

    Greece is in dire need of a modern day Leonidas. The country is facing present day foes equal perhaps to Sirens, Minotaurs and snake-haired Gorgons all added together.

  • EU Could Make an Example of Greece Tuesday, 19 Jan 2010 | 2:53 AM ET
    Parthenon temple on Acropolis Hill, Athens, Greece

    The European Union finance ministers will try to pin down Greece on its strategy for reducing its huge deficit and plans to reform its statistics office.

  • 'Bond Vigilantes' Are Looking for Big Bait: Investor Tuesday, 12 Jan 2010 | 5:48 AM ET

    'Bond vigilantes' are selling Eastern European, Dubai, Irish and Italian debt and at some point will go for bigger bait, Guy Monson, managing partner and CIO of Sarasin & Partners, told CNBC late Monday.

  • No Default Risk for Greece, Iceland Junk Monday, 11 Jan 2010 | 9:40 AM ET

    Despite lots of talk about sovereign debt default in 2010, IHS Global Insight said Monday there is very little chance of major problems over the coming year.

  • UK's Debt Situation is 'Dramatically Overblown' Monday, 11 Jan 2010 | 9:30 AM ET

    Don't lump the UK in with countries like Greece and Iceland, at least where debt is concerned, Vanessa Rossi, senior research fellow at Chatham House, told CNBC Monday.

  • Greek Finance Minister George Papaconstantinou told CNBC that his country is not looking for a financial bailout and that comments made by European Central Bank board member suggesting Greece may need one were “frankly not very helpful.”

  • No Bailout for Greece? Don't Bet on It Wednesday, 6 Jan 2010 | 4:33 AM ET

    Diego Iscaro from IHS Global Insight says he believes Greece will not be allowed to fail given the impact it would have on other euro zone members like Spain, Ireland and Portugal.

  • The Worst May Not Be Over for Europe Thursday, 31 Dec 2009 | 4:13 AM ET
    Flags of member states of the European Union.

    Fears are growing that Greece or another weak country may default on its sovereign debt obligations, forcing the richer countries in Europe to ride to the rescue or face the risks, the New York Times reports.

  • Nasdaq Closes Higher But Rally Fizzles Wednesday, 23 Dec 2009 | 2:22 PM ET
    Winterizing Your Portfolio - A CNBC Special Report

    Stocks are indicated to extend the previous session's gains, aided by European markets that hit 14-month highs on a broader index, helped by energy and banking stocks.

  • Stocks Flatten As Housing Plays Scrooge Wednesday, 23 Dec 2009 | 9:44 AM ET

    Stocks are indicated to extend the previous session's gains, aided by European markets that hit 14-month highs on a broader index, helped by energy and banking stocks.