Wednesday, 23 May 2012 | Posted By:
| Source: CNBC.com
Europe is entering a new normal, where higher bond yields for peripheral countries like Italy, Spain, and Portugal are here to stay, according to David Nowakowski, director of fixed income strategy at Roubini Global Economics.
Sunday, 20 May 2012 | Source: The New York Times
Despite efforts at official reassurance, no one really knows the consequences of a Greek exit from the euro zone, or how rapidly big countries like Spain and Italy, and their banks, will feel the effects, The New York Times reports.
Thursday, 17 May 2012 | Source: Financial Times
If Greece goes: An exit is likely to shatter faith in the eurozone’s integrity for ever. The Financial Times reports.
Wednesday, 16 May 2012 | Source: Reuters
The mood of uncertainty spreading across Europe could scupper Ireland's plans to exit its international bailout with a return to bond markets next year, its finance minister said, raising the specter of contagion from the deepening crisis in Athens.
Wednesday, 16 May 2012 | Posted By:
| Source: CNBC.com
A potential exit by Greece from the euro, even if it leads to a run on European banks, would not bring down Portugal’s banking system, the chief executive of Portugal’s largest publicly listed bank told CNBC on Wednesday.
Wednesday, 16 May 2012 | Source: Reuters
European shares closed broadly lower on Wednesday as concerns around Greece's political and financial crisis sapped risk appetite and with strategists advising investors to buy defensive stocks.
Wednesday, 16 May 2012 | Posted By:
| Source: CNBC.com
French President Francois Hollande may have his differences with German Chancellor Angela Merkel, but Europe’s two most powerful leaders have agreed in principle to forge a growth strategy for Europe in time for next month’s European Union heads of state summit.
Tuesday, 15 May 2012 | Source: Reuters
European shares provisionally closed at their lowest level since the start of 2012, led by a fresh slide in euro zone banks, after attempts to form a government in Greece collapsed.
Friday, 11 May 2012 | Source: The New York Times
Walking through his high-ceilinged factory here, explaining the production of sheets of copper, M. Brian O’Shaughnessy comes across as a staunch advocate of manufacturing in America.
Friday, 11 May 2012 | Source: Reuters
European shares ended in positive territory on Friday, after a late rally on the back of positive U.S. economic data erased earlier losses, although many investors remained concerned over the health of Spain's banks and Greece's political impasse.
Thursday, 10 May 2012 | Posted By:
| Source: CNBC.com
One of the more unexpected ideas to emerge from the Skybridge Alternatives investor summit has been investing in bonds issued by the government of Portugal.
Wednesday, 9 May 2012 | Source: CNBC.com
German lawmakers likely will delay a vote on the euro zone's fiscal compact on budget discipline because the country's main opposition party wants to insert growth-focused measures into the pact, a coalition source told CNBC.
Wednesday, 9 May 2012 | Source: The New York Times
Just weeks ago, the idea that Greece would leave the euro zone was almost unthinkable. Now, with Greece’s newly empowered political parties refusing to abide by the terms of the country’s international loan agreement and Europe’s leaders talking tough, that outcome is looking increasingly likely. The NYT reports.
Friday, 4 May 2012 | Source: Reuters
European shares fell sharply on Friday after worse-than-expected jobs data from the United States dealt a fresh blow to recovery expectations for the world's largest economy.
Tuesday, 1 May 2012 | Source: CNBC.com
May Day, Europe’s equivalent to the U.S. Labor Day, is traditionally a protest day, a symbol for workers and trade unions, but upcoming elections in France and Greece are bringing a new level of political importance to the annual holiday.