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  • What Happens When Greece Defaults Friday, 3 Jun 2011 | 10:41 AM ET

    Andrew Lilco at the Telegraph lays out the likely events of what happens in the event of a Greek default.

  • Bailiffs From Brussels Not Welcome in Athens: Analyst Thursday, 2 Jun 2011 | 8:32 AM ET

    The Greek people's reaction to the implemented austerity measures should not be ignored, warned Alastair Newton, managing director and senior political analyst at Nomura.

  • Blackrock Does Not Expect Double-Dip Recession Thursday, 2 Jun 2011 | 4:33 AM ET
    European Central Bank

    1st paragraph of story should go here

  • Greece Is More Like Argentina Than Uruguay: Economist Thursday, 2 Jun 2011 | 1:59 AM ET
    Swimming pool in Greece

    Past voluntary debt reprofilings in Latin America have worked to varying degrees, but "soft" restructuring is not going to solve Greece's debt problems, according to Stuart Culverhouse, chief economist of frontier markets specialist Exotix

  • "Notwithstanding the historical parallel, I suspect that it is very unlikely that there will be a QE3. This view is based on an assessment of economic, political and international factors:" Pimco's El-Erian says in a guest blog.

  • Debt Deal Has Doubters, Swiss Franc Shines Wednesday, 1 Jun 2011 | 9:51 AM ET

    Economic data disappoints, the euro debt deal has doubters, but the Swissie is soaring — time for another FX Fix.

  • Morici: Lessons from Euroland for the United States Wednesday, 1 Jun 2011 | 9:43 AM ET

    Greece’s finances are out of control. Its bonds are downgraded to junk; and without a German and European Central Bank bailout, it will be forced to restructure its debt. The United States is losing control of its finances too, and bond rating agencies have threatened to downgrade its debt.

  • Prepare for More Money Printing: Analyst Wednesday, 1 Jun 2011 | 6:42 AM ET

    Investors should prepare themselves for a third round of quantitative easing, Simon Maughn, co-head of European equities at MF Global, told CNBC Wednesday.

  • Commentary: Intolerable Choices For the Euro Zone Wednesday, 1 Jun 2011 | 5:15 AM ET

    The eurozone, as designed, has failed. It was based on a set of principles that have proved unworkable at the first contact with a financial and fiscal crisis, according to the FT.

  • Trichet to Leave a Difficult Legacy at Central Bank Wednesday, 1 Jun 2011 | 4:32 AM ET
    Jean-Claude Trichet

    Since Europe’s debt crisis became acute last year, the European Central Bank has gone beyond its role as arbiter of monetary policy to become in effect the adult supervision for quarreling heads of government.

  • Greek Restructuring: Off the Table, Not Off the Menu Wednesday, 1 Jun 2011 | 4:06 AM ET

    The complexity of European politics should prevent any reprofiling of Greek debt this year, according to a political analyst, but markets are still waiting for any sign of a prospective default.

  • UK Consumer Recovery to be Slowest in 180 Years Wednesday, 1 Jun 2011 | 2:19 AM ET

    The UK economy is set to experience the slowest pick-up in consumer spending of any post-recession period since 1830, according to a Financial Times analysis of official forecasts.

  • Forget Risk On, Stay Defensive: Analyst Tuesday, 31 May 2011 | 7:19 AM ET
    Euro bills

    The euro is gaining and stocks are following the single currency higher, but investors should avoid chasing the risk-on trade according to one analyst.

  • EU Set to Kick Greek Can a Little Further Tuesday, 31 May 2011 | 7:13 AM ET
    A man walks outside the Bank of Greece headquarters during a demonstation against government's austerity measures in central Athens.

    Following months of talks, Germany now appears ready to drop demands it has made in order to allow Greece to restructure its debt and prevent the government in Athens from running out of cash over the summer.

  • Are UK Banks Healthy or Not? Analysts Clash Tuesday, 31 May 2011 | 7:03 AM ET
    A woman leaves a branch of Barclays Bank in central London, Monday, April 23, 2007. ABN Amro NV and Barclays PLC announced Monday they have agreed to merge, in the largest cross-border combination in European banking history. (AP Photo/Sang Tan)

    Investors should buy UK banks now while they are cheap as their share prices will rise significantly over the next two years, a report published by Societe Generale said; but other analysts contradicted this view because of the gloomy economic outlook.

  • Former Bank Head Arrested on Sexual Assault Charges Tuesday, 31 May 2011 | 2:54 AM ET

    A former chairman of one of Egypt's major banks was arrested Monday on charges of sexually abusing a maid at a Manhattan hotel, just weeks after the arrest of former International Monetary Fund chief Dominique Strauss-Kahn on similar allegations, police said.

  • Drug Trade Flourishes in Spanish Port Town Tuesday, 31 May 2011 | 2:10 AM ET

    Andalusia has the highest unemployment rate among Spain’s 17 regions, 29.7 percent at the end of the first quarter, according to the National Institute of Statistics. That compares with a national jobless rate of 21 percent, double the European Union average.

  • Cyprus Rating Downgraded Due to Greek Exposure Tuesday, 31 May 2011 | 1:43 AM ET
    Greece

    Cyprus has become the latest victim of the financial crisis in neighboring Greece after its credit rating was downgraded by ratings agency Fitch Tuesday.

  • Piazza Venezia, Rome, Italy

    Some market players have said Italy will be the next to ask for a bailout but  Federico Ghizzoni, chief executive of Italian bank Unicredit, told CNBC that the country is in a totally different situation than Greece.

  • No UK Rate Rise Until Recovery Secured, Bank Told Monday, 30 May 2011 | 6:10 AM ET
    Governor of the Bank of England Mervyn King

    The Bank of England (BoE) was warned by the British Chambers of Commerce (BCC) on Monday that raising interest rates before November risked damaging the recovery of the UK economy.