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Austerity

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  • The euro was a 'straightjacket': Zapatero     Tuesday, 26 Nov 2013 | 11:45 AM ET

    Former Spanish Prime Minister Jose Luis Rodriguez Zapatero says the euro was a "straightjacket" for Spain at the beginning of the crisis.

  • Euclid Tsakalotos, member of the Greek parliament for Syriza, discusses the Greek bailout and says creditors hope the country is not on track, as it allows them to pile on the pressure for more reforms.

  • António Pires de Lima, Portugal's Minister of Economy, says that the higher financing costs for Portuguese companies are unfair, and that it's time for the banking union to be implemented.

  • Antonio Pires de Lima, Portugal's economy minister, reiterates Portugal's commitment to reach its deficit target and says the government has made sure to comply with the constitution when drafting its budget.

  • Europe shouldn't be 'Germanised': Pro     Friday, 4 Oct 2013 | 4:45 AM ET

    Guiliano Noci, associate dean at MIP Politecnico di Milano, argues that nothing has changed in Italy following the confidence vote, and that Germany should change its approach to southern European countries.

  • Karine Berger, Member of Parliament for the socialist party & member of Finance Commission at the National Assembly, tells CNBC that they want to sustain growth and recovery in France next year.

  • Is the French budget a hit or a miss?     Wednesday, 25 Sep 2013 | 1:30 AM ET

    Maxime Alimi, Euro area economist at AXA IM, tells CNBC that if you look at the numbers, French government spending will still be up, just not as high as it was before.

  • France to cut spending, but will it be enough?     Wednesday, 25 Sep 2013 | 1:26 AM ET

    Stephane Pedrazzi previews the French budget which is set to focus on spending cuts rather than tax rises.

  • Merkel's victory fails to produce coalition     Monday, 23 Sep 2013 | 11:35 AM ET

    Mark Grant, Southwest Securities, explains why the euro zone still has some tough economic challenges to face, as Europe grapples with lingering financial liabilities.

  • Greece needs a 'growth clause': opposition     Monday, 23 Sep 2013 | 11:10 AM ET

    Yiannis Millios, economic advisor to Greece's SYRIZA Party, tells CNBC that the country needs to "change course", have new elections and negotiate for a new debt agreement with a "growth clause".

  • Elena Panaritis, economist and founder at Thought 4 Action, says Greece should reform its governance system to stem the growing social discontent and rise of the far right.

  • Greek reaction to Merkel's third term win     Monday, 23 Sep 2013 | 3:45 AM ET

    Nikos Christodoulakis, former Greek finance minister, tells CNBC that Greece needs money from the European Union in the form of structural funds and new private investment. .

  • Greek recovery will be L shaped: Pro     Monday, 23 Sep 2013 | 2:40 AM ET

    Miranda Xafa, CEO or EF Consulting and former IMF board member, tells CNBC that the recession in Greece is bottoming out but the recovery is likely to be L shaped.

  • Nick Malkoutzi, deputy editor at eKathimerini, tells CNBC that social cohesion in Greece is at breaking point and the government wants to point it out to the Troika.

  • France’s Moscovici says 'non' to tax hikes Friday, 13 Sep 2013 | 12:48 AM ET
    French Economy, Finance and Foreign Trade Minister Pierre Moscovici

    When is a socialist not a socialist? Perhaps when he advocates cutting public spending rather than raising taxes -- as French Finance Minister Pierre Moscovici has done.

  • Satyajit Das, author of Extreme Money, tells CNBC that the rally in equities was driven by 3 things, all of which have gone and after the German elections we'll be back to where we were in Europe.

  • Treasury Secretary Jack Lew explains why he is urging Congress to raise the debt ceiling as the nation fast approaches its debt limit by mid-October, with CNBC's John Harwood.

  • Mark Zandi, Moody's Analytics; Jeffrey Mortimer, BNY Mellon Wealth Management, and Marcus Lemonis, CNBC's "The Profit" host, discuss the key factors impacting the markets, as the Dow is on track to post its biggest monthly loss since last May.

  • Jeff Cox: Austerity is great     Tuesday, 20 Aug 2013 | 12:00 AM ET

    Were the pundits wrong? John Carney, Jeff Cox and company debate the merits of austerity measures in the latest episode of NetNetTV.

  • Nick Malkoutzis, deputy editor at Kathimerini, tells CNBC that there is concern in the US that austerity is creating a big mess in Greece's economy and other European economies.