Portugal's top bankers have called on Europe's leaders to stop "playing with fire" and moderate their stance towards the euro zone periphery, or risk instilling alarm among bank depositors in future, the FT reports.» Read More
A central banker need not be loved, but at the least he should command respect — and in Britain these days Mervyn King cannot count on either, reports the New York Times.
As protests continued for a 12th day, Egypt's newly named vice president and other top military leaders were discussing steps to limit President Mubarak’s decision-making authority and possibly remove him from the presidential palace in Cairo, the NYT reports.
When the heads of the EU meet in Brussels on Friday, they will hear new ideas on how to save the euro, delivered by Mrs. Merkel and the French president, Nicolas Sarkozy, but written largely in Berlin, reports the New York Times.
European shares were set to rise on Friday, tracking gains on Wall Street, as encouraging weekly U.S. jobless data boosted confidence about a recovery in the labor market.
European shares were expected to slip in opening trade on Thursday, with a recent rally losing steam as investors stayed cautious.
European shares were set to rise on Wednesday, tracking advances on Wall Street and in Japan and extending gains from the previous session.
The European Central Bank suspended its emergency purchases of euro zone government bonds last week as the debt crisis eased, allowing it to focus on combating rising inflation, reports the Financial Times.
Financial bookmakers predicted gains for the leading European benchmark indexes on Tuesday, with the focus seen shifting back to the economic outlook and company earnings.
Risks that the troubles in Egypt may spread have increased and the uprisings have a negative effect on growth, as well as contributing to higher prices, economist Nouriel Roubini said.
An overwhelming majority of business and financial leaders from around the world think there is a chance that one or more eurozone countries will leave monetary union over the next three years, reports the Financial Times.
Europe’s banking system is returning to health amid signs that financial institutions are no longer hoarding cash, according to key indicators, reports the Financial Times.
European shares were set to fall on Monday as concerns grew the Egyptian anti-government protests could spark instability elsewhere in the Middle East.
European stocks were indicated to open flat to slightly higher, ahead of gross domestic product data from the US which would show how solid is the recovery of the world's biggest economy.
European shares were set to edge up on Thursday, tracking gains on Wall Street and in Asian markets after the Fed's meeting.
European shares were set to rise on Wednesday, after US President Barack Obama stressed a need to lower corporate tax rates.
Chief executives, government leaders and academics around the world are headed to Davos, Switzerland, for the World Economic Forum’s annual meeting this week — a heady power gathering that mixes business, politics and Champagne in the Swiss Alps.
At least for this year, the euro zone will remain united and no country is likely to default, analysts told CNBC.com. But debt restructuring is on the horizon for later.
European shares are set to rise for a third straight session on Tuesday, mirroring gains in Asia and on Wall Street.
European shares are set to edge higher on Monday, tracking Friday's gains on Wall Street.
Day by day, investors in Europe tell me their confidence is growing that the Union is moving decisively towards fixing its problems.