The key issue regarding the Greek referendum on Sunday is who will lead the Greek government afterward, Charles Dallara said on Thursday.» Read More
"I think it's a pretty hard sell for Europeans to go to China or Brazil or Singapore or wherever and say, 'Hey guys, we've got this fantastic idea with you putting some of your money into a bailout fund that we're not prepared to put our money into," former EU Commissioner and Chairman of the BBC Trust Lord Patten told CNBC.
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.
Investors can't seem to shrug off the situation in Europe, as markets start the week on a down note, with Rod Smyth, Riverfront Investment Group, and Kevin Caron, Stifel Nicolaus.
Italy manages a bond sale, and the Swiss are scolding - it's time for your FX Fix.
The changing of the guard at the top of Italy and Greece provided a small boost to markets Monday morning, but the new leaders have a long way to go to restore market confidence, investors warned Monday.
If we’re not to blame capitalism for the current wave of dissatisfaction, who are we to blame? Selfish prats. They can be found across the political spectrum and in all socio-economic groups. They make poor decisions and screw stuff up for everyone else.
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.
Markets moved higher Friday on renewed optimism that Europe would be able to handle its debt crisis, with Bill Greiner, Scout Investments, and Rob Morgan, Fulcrum Securities.
Global markets are rallying today as Papdemos is sworn in as Greek's new prime minister and austerity measures pass in the Italian Senate, with CNBC's Michelle Caruso-Cabrera.
Political change in Italy will hold market attention Friday in what could be an otherwise quiet day, with the U.S. bond market closed for Veteran’s Day.
The swirl around Italy's debt woes is likely to dominate markets Thursday, after the rapid rise in Italian borrowing costs sent risk assets cascading around the globe Wednesday.
Fears that Italy, the world's third-largest debtor nation, cannot afford its obligations shook world markets, sending investors into the relative safety of the U.S. dollar and Treasurys.
Fears that Italy, the world's third largest debtor nation, cannot afford its obligations shook world markets, sending investors into the relative safety of the U.S. dollar and Treasurys.
The euro zone debt crisis could claim more political scalps across the euro zone, according to analysts.
The world is definitely going to face another financial crisis stemming from problems in Europe, Jim Rogers said Wednesday.
The scale of Europe’s debt problems has forced its central bank to go beyond its traditional role in order to limit the cascading effect of the crisis, the former Chairman of the U.S. Federal Reserve Paul Volcker, told CNBC on Tuesday.
Gold surged to over $1790 an ounce touching a six-week high on Monday as investors continued to pile into the traditional safe haven on an intensifying European crisis that has brought Italy's debt woes into the forefront.
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.
Those looking for firm action in the final G20 communique would have had a hard time finding much to get their teeth into.
Europe failed to get the leaders of the world's wealthiest economies to help out with its debt troubles, but everyone left a G20 summit Friday relieved that at least they forced the Greek prime minister not to hold the world hostage with a bailout vote.