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France has a special responsibility as a euro zone heavyweight to take deficit cuts seriously, even though its budget deficit is above target, Bundesbank chief Jens Weidmann said in an interview published Sunday.
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Young people struggling to find a job should consider starting their own businesses, Barclays Capital co-CEO, Rich Ricci, told CNBC last week.
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The only real solution to the crisis currently dragging down the euro zone is the scrapping of the single currency, according to John Wadle, head of regional banks research at Mirae Asset.
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There is no solution to the current debt crisis plaguing the euro zone, and it’s an illusion to think that one lies on the horizon, an economist told CNBC Monday.
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Support for democracy and free markets has fallen in Central and Eastern Europe as a result of the severe crisis the new European Union members went through, a report by the European Bank for Reconstruction and Development (EBRD) showed on Tuesday.
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Warren Buffett says it's not clear Europe has the will or ability to do "whatever it takes" to resolve its debt crisis. Appearing live on CNBC's Squawk Box this morning, Buffett says he looks at European sovereign debt every day but has not gotten back into it.
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There is no solution to the current debt crisis plaguing the euro zone, and it’s an illusion to think that one lies on the horizon, an economist told CNBC Monday.
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The former European Commissioner was asked to form a new government, but the leader of Silvio Berlusconi’s party said it would pledge support only for as long as it could fulfill its reform mandate.
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The window of opportunity to save the euro is rapidly closing, as the sovereign debt crisis erodes the solvency of Europe’s banks and drives up borrowing rates for even once rock-solid countries like France.
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Splitting the EU – creating a small core of euro zone countries and a looser outer circle – has been taboo. But as Europe debt crisis worsens, France and Germany are discussing the idea more intensively, the Christian Science Monitor reports.
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As the bets that European banks made on United States mortgage investments went bust a few years ago, bankers piled into what they saw as a safe refuge: bonds issued by countries in Europe’s seemingly ironclad monetary union. The NYT reports.
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Europe’s banking sector is ready for a shake-up as its largest financial institutions try to slim down their operations in response to the sovereign debt crisis. The NY Times repeorts.
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Martin Senn, CEO of Zurich Financial, joined CNBC to discuss the firm's third quarter profits.
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Michael Yoshikami, YCMNet Advisors, explains why the ECB and the Federal Reserve will be in the driver's seat for the markets until the end of the year.
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The world is definitely going to face another financial crisis stemming from problems in Europe, Jim Rogers said Wednesday.
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European and U.S. inflation will rise in the medium- to long-term, according to Berdibek Ahmedov, manager for European and UK real return products at Pacific Investment Management Company (Pimco).
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"Anyone has to be looking at the Italian confidence vote in Silvio Berlusconi and saying, do we want him to pass it? We need a change in Italy to really get some market sentiment into it, because... at the moment, it really isn't there," Jeremy Cook, chief economist at World First, told CNBC.
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The Group of 20 is seeking to meet again, possibly before Christmas, with the aim of resurrecting a deal to provide an international firewall around Greece, G20 sources have told the Financial Times, saying negotiators at the Cannes summit had been close to an agreement.
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The week's top business news and investing advice, including MLP's, and how to play Groupon and US financials, with CNBC's Melissa Francis.
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Joel Stainton, head of research and trading strategy at SEB Futures, joined CNBC to take a technical look at US unemployment, UK marginal funding cost and EFSF swap spreads.
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Most likely outcome of the Greek confidence vote: An interim government that immediately approves the EU package. The most pressing issue is money — Greece has run out. They need the 8 billion euros ($11 billion) from the troika fast. If they don't clearly approve the European Union package, they don't get the money, which means they will face an immediate crisis even before they are able to hold an election.