It's not clear that the German Chancellor is in a position to actually hit Russia where it would hurt: Its pocketbook.» Read More
Markets are anxious to get the rockets to Planet Stability, says CNBC's Simon Hobbs, who offers a look ahead to this weekend's EU economic summit.
With regards the last minute EFSF talks in Frankfurt, Thanos Papasavvas, fixed income and currency strategist at Investec Asset Management, told CNBC that the markets were too optimistic beforehand and are now overly pessimistic.
Angela Merkel and Wolfgang Schaeuble sure know how to ruin a party. A euro party, that is.
The euro was doomed from its inception and is the reason that Europe is in an appalling mess, an economist told CNBC Monday.
Italian Prime Minister Silvio Berlusconi won a crucial vote of confidence on Friday, giving his struggling center-right government a new, but probably short, lease of life.
The domino effect of a Greek default is almost inevitable because of the integrated banking system within Europe, a consultant told CNBC Thursday.
CNBC's Simon Hobbs has the latest details on the Slovak government losing a key confidence vote on Tuesday.
"For a long time, it appeared the single currency system in Europe system worked," pointed out Alan Greenspan, former chairman at the Federal Reserve.
CNBC's Silvia Wadhwa reports on German Chancellor Angela Merkel's statement that Europe shouldn't hesitate to re-capitalize its banks if needed from Berlin. Also, CNBC's Simon Hobbs Sue Herera, and Tyler Mathisen weigh in.
CNBC's David Faber speaks to Barbara Matthews, BCM International Regulatory Analytics founder and managing director regarding German Chancellor Angela Merkel's comments on bank re-capitalization at the Barefoot Economic Summit.
The European Union's executive proposed coordinated recapitalization of banks on Thursday as the bloc's regulators met to review capital buffers of stressed lenders.
Europe’s top banking regulator has started to re-examine the strength of the region’s banks, modelling a big writedown of all peripheral eurozone sovereign debt, reported the FT.
The euro zone was launched on a wing and a prayer. The wing has fallen off and the deities are not listening to prayers. Everyone focuses on averting a crash. But it is as vital to ask how to fly securely, the FT reports.
The 17 families meeting the last few days — and I can't remember if it was the EU, the ECB, the IMF, the EIB, CIA, FBI or what- decided to make no decision except to cancel the meeting scheduled for October 13, and meet in November.
The chances of the US being able to help bailout Europe are minimal because of weaknesses in the American economy, influential Citi banker William Rhodes told CNBC Tuesday.
Legendary hedge fund manager Kyle Bass is featured prominently in Michael Lewis' new book, "Boomerang." Lewis explains what markets want from Germany in its handling of the European debt crisis, with Mark Dow, Pharo Management.
As the enlargement of the European Financial Stability Facility (EFSF) draws nearer, opinion is still divided on whether changes to the bailout fund will be enough to stench the flood of problems facing the eurozone.
The present crisis of the Eurozone is a direct consequence of a half hearted, half considered, half explained and therefore half finished integration process, writes the former Prime Minister of Hungary.
CNBC's John Harwood has the story on New Jersey Governor Chris Christie's consideration to run for President in 2012.
The U.K. deputy prime minister said on Thursday that any solution to the euro zone crisis must not lead to some member states dictating terms to other European nations—such as the U.K.—that are outside the currency union.