| Source: Reuters
Four years of economic crisis and market turmoil that have sent German bund yields to record lows now have half of the top bond strategists and economists polled by Reuters fearing a Japan-style "Lost Decade".
| Source: Reuters
Greece's four largest banks will get an 18 billion euro capital injection by Friday or Monday, the country's central bank chief said.
| Source: Reuters
Any Greek exit from the euro zone would pose a huge disruption with unforeseeable consequences, European Central Bank policymaker Ewald Nowotny said on Thursday.
| Source: CNBC.com
Joint bonds issued by the euro zone, also known as Eurobonds, are one of the possible solutions to Europe’s debt crisis, Joaquin Almunia, vice president of the European Commission told CNBC, “but many conditions would have to be met” before they were introduced.
| Source: Reuters
Germany's manufacturing sector has been shrinking at the fastest rate in three years in May, renewing concerns about the stamina of Europe's largest economy, which likely propped up the euro zone in the first quarter but is beginning to show signs of strain.
Wednesday, 23 May 2012 | Posted By:
| Source: CNBC.com
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.”
Wednesday, 23 May 2012 | Posted By:
| Source: CNBC.com
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.
Tuesday, 22 May 2012 | Source: Reuters
However bad their prospects, many Greeks seem to think that since money to bail them out was found in the past, it will be found again.
Tuesday, 22 May 2012 | Posted By:
| Source: CNBC.com
The markets have been oversold amid intense pessimism and a relief rally will be on its way within the next month, David Murrin, chief investment officer at alternative investment firm Emergent Asset Management, told CNBC’s “Worldwide Exchange”.
Monday, 21 May 2012 | Posted By:
| Source: CNBC.com
Monday, 21 May 2012 | Source: Financial Times
The Institute of Directors has endorsed a radical proposal that recommends replacing part of the UK tax system with a single income tax rate of 30 percent and reducing the government’s share of the national economy to one-third, the Financial Times reports.
Sunday, 20 May 2012 | Source: Reuters
World leaders backed keeping Greece in the euro zone on Saturday and vowed to take all steps necessary to combat financial turmoil while revitalizing a global economy increasingly threatened by Europe's debt crisis.
Saturday, 19 May 2012 | Source: Reuters
Leaders of the Group of Eight major economies are making progress on addressing the two biggest threats to their economies - the euro zone crisis and very high oil prices, British Prime Minister David Cameron said on Saturday.
Friday, 18 May 2012 | Posted By:
| Source: CNBC.com
A "ring of defense" has to be built around eastern European neighbors Romania, Bulgaria and Serbia to help them cope with the fallout from a possible Greek exit from the euro zone, bankers said on Friday.
Friday, 18 May 2012 | Posted By:
| Source: CNBC.com
How much interest would you want back if you lent to huge amounts of money to someone on an unsecured basis, and if that person had unaudited accounts and a history of playing dirty when the chips are down?
Posts |
TOPIC : Politics and
15 May 2012
Posted By:Mohamed El-Erian CNBC Guest Blog - Europe
Recent volatility serves as yet another reminder that markets cannot be divorced from developments in the global economy — and especially at a time when the 17-member construct of the European monetary union is being increasingly questioned on account of what is happening in Greece.... Read More
15 May 2012
The odds are growing of a Greek exit, or Grexit, from the euro zone... Read More
9 May 2012
Posted By:Jon HenesCNBC Guest Blog
America may start a new economic program called “austerity by inaction.” If this occurs, the United States may find itself in a new economic crisis... Read More
7 May 2012
The U.S... Read More
7 May 2012
Posted By:Dan Steinbock CNBC Guest Blog
In the next few months, the masquerade will end... Read More
VIDEO | TOPIC : Politics and Government/Bailouts
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