Europe is seeking to agree by year-end on how to close failing banks, part of an ambitious plan to create a single banking framework.» Read More
Happy days are here again for the euro - for now, says this strategist.
With his first Bastille Day approaching on Saturday, François Hollande and his government have had a good start to his presidency, impressing the French with a down-to-earth style, the New York Times reports.
François Hollande, fresh from his first full eurozone crisis summit, is set to turn his attention to the daunting challenge of tackling France’s own rocky public finances: with tax rises looming, it could be a tough week for French business and the better-off. The FT reports.
Rick Rieder, Managing Director, Chief Investment Officer of Fundamental Fixed Income Portfolios, BlackRock tells CNBC what he's watching out for at the EU summit.
Art Cashin of UBS discusses what to watch in the markets today, including the upcoming Greek elections. "This is a good weekend to have lots of ice cubes on hand," says Cashin.
The outcome of Sunday’s elections in Greece and France has raised fears that the euro zone debt crisis has entered a new phase, as leaders opposed to austerity threaten to wipe out crisis-fighting measures.