European Closing Bell

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• Latin America Fears Fed Monetary Stimulus: Chile Minister

  

  More monetary stimulus programs from the Federal Reserve or the European Central Bank will force Latin American currencies to over-appreciate, Chile Finance Minster Felipe Larrain told CNBC on Thursday.

• Curing The Crisis 5 Years On  

  

  Independent European financial affairs advisor Graham Bishop told CNBC why he believes closer fiscal union is the key to saving the single currency. Bishop has presented his economic plan to European Council President Herman Van Rompuy.

• Need for 'International Response' to Libor Scandal: Official

  

  An international response is needed to the issue of the manipulation of the Libor to ensure that cartel behavior is not possible, Sharon Bowles, Liberal Democrat MEP for South East England and chair of the European Parliament's Economic and Monetary Affairs Committee, told CNBC on Friday.

• ECB's Asmussen: 'Working on Plan A' on Greece 

  

  "It's out strong preference that Greece stays in the euro zone". We are working on plan A," Joerg Asmussen, member of the Executive Board of the ECB, told TVN/CNBC.

• Time to Be Bullish on the Dollar: Charts

  The dollar will gain against the euro, pound and yen, Max Knudsen, Chief Market Strategist at ADS Securities, Abu Dhabi, told CNBC, as investors take the opportunity to sell the euro on any improvement and as sterling ends its recent climb.

• Gold to Hit $1,900 by Year End: Commodities Pro

  The recent sell-off in gold is unlikely to continue in the longer term, with the precious metal set to hit $1,900 an ounce towards the end of the year, according to Walter De Wet, head of commodities at Standard Bank.

• US Shares Could Jump 8% to 10% in 2012: Manager

  

  Investors are far too bearish, and U.S. equities could move 8-10 percent higher this year, according to the CEO of Emergent Asset Management, David Murrin, who added that Europe’s focus on fiscal austerity is proving “disastrous.”

• Don't 'Waste a Good Crisis' in Greece: Market Pro

  There's still opportunity for investors in Greece—as long as they exercise caution, the managing director of investment holding company iGroup told CNBC Thursday.

• Greece Will Leave the Euro Zone: Pro

  The sooner Greece leaves the euro the better, according to venture capitalist Jon Moulton.

• 40 Percent Upward Move in Stocks Coming?

  

  Stocks could see a move higher similar to gains seen in 2003 and 2009, leading to a rise of as much as 40 percent in 2012, Michael Gayed, Chief Investment Strategist at Pension Partners, told CNBC's European Closing Bell.

• Spain Should Restructure Debt Now: Economist

  

  Spain should be restructuring its debt right now, Matthew Lynn, founder of Strategy Economics, told CNBC's "European Closing Bell," suggesting a 50 percent haircut on Spanish sovereign debt holdings now in order to get the country back on track.

• Bull Market Still Has Some Legs: Pro

  

  The 2012 bull market still has further to run, according to Paul Schatz, president of Heritage Capital, an independent investment banking and advisory firm. Instead of a major selloff, Schatz believes that the equity markets will only peak later on in the year, or early in 2013. But he’s undecided about whether this will incorporate a “sell in May and go away” mantra.

• Czech Government Faces Confidence Vote as Austerity Bites

  

  The Czech Republic's government faces a confidence vote in parliament on Friday, the latest European government to face protest over tough spending cuts and unpopular measures needed to cut the country's budget deficit back below 3 percent of gross domestic product.

• Hungary Positive on Central Bank Talks: Minister

  

  The Hungarian government is confident that sufficient progress has been made in its negotiations with the International Monetary Fund (IMF) and the European Commission over its controversial central bank law, and it believes talks can resume on a hoped-for economic development aid package for the country, the Hungarian Economy Minister told CNBC on Wednesday.

• Car Maker Joins the Phone Makers  

  

  Paul Mascarenas, chief technology officer at Ford Motor Company, told CNBC, "This is the B -Max and not only is it a really cute little car, very innovative in terms of the doors and seating but what we are launching here is Sync, which is our connectivity system developed in partnership with Microsoft. It allows you to bring your mobile device into the vehicle, connect up through Bluetooth and then enjoy a very seamless operating experience in the vehicle."

• Europe Using US as Model to Fix Debt Crisis: Bove

  

  European policymakers are taking a page out of the American playbook to address their  sovereign debt crisis, banking analyst Dick Bove said.

• Singtel's Dominance to Continue 

  

  James Sullivan, Head of Asia Telecom Research at JP Morgan discusses why and how Singtel will continue its dominance, supported by Singapore's NBN project.

• European Closing Bell News Story