After nearly going bankrupt and almost crashing out of the euro zone last year, Greece expects growth of 0.6 percent in 2014 and hopes to secure more leeway on its debts to the European Union and the International Monetary Fund.» Read More
The financial sector will be at the crux of market worries Wednesday, as the U.S. Senate moves closer to a vote on banking reform and German regulators explain their surprise move to ban naked short-selling on a group of bank stocks and sovereign debt.
As the Flash Crash in U.S. equity markets May 6 illustrated, problems in Greece can have grave consequences for not merely other Mediterranean economies and Europe, but U.S. and the broader global economy.
Real estate inventories are “bouncing along the bottom” now, meaning it’s a good time to invest in that sector, as long as you adhere to two caveats, industry executive Harvey Green told CNBC on Tuesday.
A major effort by the Obama administration to keep homeowners out of foreclosure may be reaching its limits long before the crisis abates. The New York Times explains.
Investors worried about the euro zone’s proliferating debt crisis have found safety across the Atlantic on Wall Street, according to Bank of America Merrill Lynch.
Europe could be headed for a period of stagflation as governments struggle to reform their fiscal policies and growth weakens, investor Wilbur Ross told CNBC.
As Greece gets its first instalment of aid from the European Union Tuesday, investors and traders are concerned about the fiscal strength of the other PIIGS: Portugal, Italy, Ireland and Spain.
European finance ministers meet in Brussels Tuesday and much of the talk will focus on how the sinners can be punished.
The euro may be weakening, but it maintains a strong grip on the world's stock and commodities markets. For that reason, investors are keeping an eye on a full meeting of European finance ministers in Brussels Tuesday.
A strong and steady King Dollar is always essential to overall free-market prosperity and economic growth. But a wildly fluctuating greenback is not.
A new government is formed in Europe and problems ensue. They check the books from the outgoing administration and discover things are worse than they knew. If this sounds familiar, it should as this is what happened in Greece. It is now occurring in the United Kingdom.
As the euro plunges to a four-year low against the dollar and respected economists like Paul Volker wonder out loud if the currency will survive, reflection is necessary to determine why this once prestigious currency appears to be crashing on the rocks of uncertainty.
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After a brief respite following the announcement last week of a nearly $1 trillion bailout plan for Europe, fear in the financial markets is building again, this time over worries that the Continent’s biggest banks face strains that will hobble European economies, the New York Times reported.
With the euro under pressure on Monday euro zone and European Union finance ministers heading for a meeting in Brussels over the next 48 hours, the German government is pressing other members of the euro to adopt their own versions of the so-called balanced budget law.
Following the European Central Bank’s decision to start buying assets to relieve liquidity problems within the euro zone, a leading German lawmaker has called for ECB President Jean-Claude Trichet to resign.
Former President Bill Clinton says it is "time to lower the rhetoric and talk about the facts," in reference to the government's scrutiny of Wall Street.
Cramer offers six ways a healthy sense of doubt is benefiting stocks.
The three biggest credit agencies are now on the hook—along with eight Wall Street banks—in a probe involving whether they misled investors in toxic, mortgage-backed securities, CNBC has learned.