Part of the company that owns Banco Espirito Santo has applied for creditor protection, meanwhile analysts weigh up chances of a bailout.» Read More
Italian Economy Minister Vittorio Grilli said on Thursday he had no knowledge of any imminent decision by Moody's to cut Italy's sovereign debt rating.
Maury Harris, chief U.S. economist, UBS Investment Research, and Scott Shellady of Trean discuss the health of the U.S. economy, what current data says about the sequester, and the long-term impact on markets.
CNBC's Michelle Caruso Cabrera reports on banks reopening in Cyprus and the limits they've imposed on depositors. The situation, she says, is calmer than expected.
David Owen, chief european economist at Jefferies, questions whether U.S. investors will continue to want to buy bonds from the euro zone following the Cyprus crisis, Portugal's appeal for a loan repayment extension and what he expects to be "a very turbulent period" in the coming months.
Gervais Williams, MD at Miton Group, argues that often the best performers are smaller companies because they're so cheap and many can grow irrespective of the wider economic situation.
Some European citizens are looking to escape their economic troubles by joining an Italian commune.
Richard Staite, U.S. banks analyst at Atlantic Equities, outlines why investors are reallocating away from Europe and towards U.S banks, citing strong capital return to shareholders, better transparency and expected strong earnings recovery in the next two years as main reasons.
Cyprus's plan to impose capital controls threatens to test the ties that bind Europe's monetary union and could see euros on the Mediterranean island valued differently to those in the rest of the bloc.
Britain opens a judicial inquiry into the death of Russian oligarch Boris Berezovsky on Thursday to establish how he died in the locked bathroom of his vast mansion.
Henry Dixon, co-founder and fund manager at Matterley Asset Management, tells CNBC that risk premiums should be rising on the back of what's happening in Cyprus and Italy and says there's a lot of balance sheet support to be found in U.K. shares.
Michael Gallagher, director of research at IDEAglobal, says the yield curve for Italian bonds should steepen in the short-term as markets are getting increasingly concerned with the political deadlock in the country and believe any government formed in the short term will be weak and unstable.
Dionyssis Dimitrakopoulos, senior lecturer in politics at Birkberck College, University of London, says the Cyprus crisis has been badly handled and that the euro zone problem is that nobody thinks of the management of the common currency in the medium to longer term.
As fears grow that the Cyprus crisis could spread to other parts of the euro zone, renowned investor Mark Mobius says that a default is the only way to solve the single-currency bloc's problems.
Shyam Devani, fx technical analyst at Citi, tells CNBC Cyprus has no choice but to impose capital controls as it can't devalue its currency. This crisis shows a lack of clarity, planning and leadership on a wider European scale, he said.
Brendan Brown, Head of Economic Research at Mitsubishi UFJ Securities International says Cyprus is the end game of the Greek bond bubble. He says concentrate on the ramifications on Italy and Spain. Richard Martin, Managing Director at IMA Asia joins in the conversation.
Chris Weston, Head of Sales and Research at IG Markets says the banking industry in Europe is going to have to change. Dhiren Sarin, Chief Technical Strategist, Asia Pacific at Barclays tracks the trends in Italian and German Bonds. Richard Martin, Managing Director at IMA Asia joins in the conversation.
Uncertainties surrounding the Cyprus bailout are set to continue for some time, but one way to play the fallout is to buy the Australian dollar, one analyst told CNBC.
Never let a good crisis go by without firing up the cool graphics.
After months of calm in global markets, concerns about the future of the euro zone are back with a vengeance as fears grow that the turmoil in Cyprus could spread to other parts of the region.
Peter Morici, Professor at the Smith School of Business at the University of Maryland makes the case for Cyprus leaving the euro zone. He says the troika manufactured the banking crisis in Cyprus.
Get the best of CNBC in your inbox
Tim Graf, head of macro strategy for Europe at State Street Global Markets, says that global confidence, while still high, is deteriorating.
The underlying problems in Europe's southern economies have not been solved, says Hans-Werner Sinn, president at the Ifo Institute. He also criticizes the ECB potential use of quantitative easing.
Nik Stanojevic, equity analyst at Brewin Dolphin, says Iliad's bid to take over T-Mobile U.S. is surprising and that the price is below the U.S. provider's value.