International Organizations IMF

  • Spain

    Mariano Rajoy, Spain’s prime minister, has called for centralized control of national budgets in the eurozone in an unexpected gesture to mollify Brussels and Berlin on the eve of what is expected to be a crucial week for Madrid. The FT reports.

  • Joseph Stiglitz

    The European Central Bank has the ability to do more to tackle to the euro zone’s debt crisis than it has been doing, Nobel Laureate and Professor at Columbia University Joseph Stiglitz told CNBC’s “Worldwide Exchange” Friday.

  • Spain

    Madrid was dealt a double blow on Thursday after it emerged that almost €100bn in capital had left the country in the first three months of the year and the head of the European Central Bank lambasted its handling of Bankia, the troubled Spanish lender.

  • european_union_crack2_200.jpg

    Markets will face more difficulty as the protracted euro zone debt crisis limps along before things begin to get better and capital preservation dominates investors’ minds, one market expert told CNBC Thursday.

  • Zoe Konstantopoulou, a member of parliament for the left-wing, anti-bailout Greek party Syriza told CNBC that Greece’s bailout deal was a “death sentence for Greek society.” 

  • Christine Lagarde, managing director of the International Monetary Fund (IMF)

    Christine Lagarde, the managing director of the International Monetary Fund, has rarely been out of the headlines this week – and on Tuesday a storm erupted on the Internet over the news that she pays no tax on her salary.

  • A one Euro coin stands on a map of Brussels.

    Faced with so much market volatility and uncertainty, fund managers say they have sharply scaled back their exposure to countries in the euro-era “periphery”. They have, moreover, become highly selective about investing in banks, the Financial Times reports.

  • The Greek national flag is seen flying above the parliament building on Syntagma Square in Athens, Greece, on Thursday, Feb. 16, 2012.

    Greece will leave the euro zone on June 18 if the populist government wins the country’s elections on the 17 as the rest of the euro zone rounds on "cheaters," Nick Dewhirst, director at wealth management firm Integral Asset Management, told CNBC.com Monday.

  • Greek Parliament

    Greece will try to attract investment by becoming more “business-friendly” and cutting taxes, a politician from right-wing New Democracy, which is leading opinion polls at the moment, told CNBC Monday.

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    With great debate, the Eurozone will slowly but surely move to the next stage – the Greek exit – in the coming months. The question is not whether it will happen. The question is whether it will be orderly or disorderly.

  • Greece and U.S.

    Greece is back on top of the international economic and political agenda after a brief respite. How can you build a firewall around your portfolio to insulate yourself from the big fat Greek mess?

  • greece_flag_200.jpg

    Greece will leave the euro zone next year and the country's new currency will "immediately fall by 60 percent," according to Citi chief economist Willem Buiter.

  • Egypt made history on Wednesday as it kicked off its first free presidential election and put its fragile democratic transition to the test. Just over 50 million eligible citizens are expected to cast their votes over the course of two days.

  • Jim O'Neill

    Strong demand for Germany’s two-year bonds, which offer nothing in return, shows that opening Pandora’s Box in Europe has sapped investor confidence, Jim O'Neill, chairman at Goldman Sachs Asset Management told CNBC’s “Worldwide Exchange.”

  • European Bank Note

    European leaders meet in Brussels this evening for an informal dinner being billed as a showdown between German Chancellor Angela Merkel and French President Francois Hollande over the tricky issue of Eurobonds—bonds issued by the EU and backed by euro zone members collectively.

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    At a time where the debate over whether Greece should or shouldn't  leave the euro zone reaches boiling point, shipping could prove critical for Greece's drive for sustainable growth.

  • Lucas Papademos

    Former Greek Prime Minister Lucas Papademos told CNBC  there are no preparations underway in Greece for possibly exiting the euro, but can't "exclude the possibility" that other countries are making arrangements.

  • The Greek national flag is seen flying above the parliament building on Syntagma Square in Athens, Greece, on Thursday, Feb. 16, 2012.

    Christine Lagarde, managing director of the International Monetary Fund, vowed that the organization, which is part-funding Greece’s bailout, will “never leave the table” with its new government.

  • A man holds a placard bearing the Greek flag.

    The Greek electorate has already bloodied the nose of its centrist parties, and now the number of undecided voters could help determine whether it remains in the euro zone.