Germany should have left the euro zone to relieve pressure on its indebted counterparts, according to billionaire investor George Soros.» Read More
Wilbur Ross of WL Ross & Co says the euro zone needs a Pan-European insurance deposit system regulated by the European Union.
New Democracy may have won the largest share of the vote in the Greek elections which have held markets in thrall for weeks — but leader Antonis Samaras is unlikely to be cracking open the ouzo quite yet.
The leader of Greece's New Democracy party, which won the most number of votes in Sunday's election, tells CNBC Greece is anchored to the Euro.
The head of the European Central Bank and other euro zone leaders worked on Saturday on a grand vision for the euro zone meant to reassure investors and allies that flaws in the currency union will be addressed quickly.
I am lucky enough to have met some bright and extremely patriotic Greeks who fully admit their country needs a radical overhaul. It’s these people Greece needs to help rebuild their broken state but these are very often the most mobile of people.
Hundreds of employees at big firms, some part of special teams, will be on standby this Sunday, awaiting the results of Greece’s pivotal election. The New York Times reports.
What if investors didn't have to worry about Europe; how would stocks and the economy look? Don Luskin, Trend Macro, weighs in.
Ready for the Greek election this Sunday? Here are the currencies to watch.
To "Mad Money" host Jim Cramer, the Greek elections will only bode well for the markets.
Antonis Samaras says the upcoming Greek election is a choice between the drachma and the euro. CNBC's Michelle Caruso-Cabrera reports.
As Greeks prepare to go to the polls on Sunday June 17, the fate of the euro and the recovery of the global economy could rest in their hands. But the biggest pain could be felt closer home as the country suffers through a fifth year of recession.
As the euro zone crisis grinds on, the pressure on the Swiss franc's peg to the euro is intensifying.
Amid Greece's economic woes, there is some good news: importers and top sommeliers are becoming more interested in the increasing quality (and rising prices) of Greek wines.
David Marcus, Evermore Global Advisors, has been a long-time investor in European stocks. "There is a crisis and everyone is in panic mode," he says. "But when we run into that burning building, we're finding that investors have dumped good ones with bad ones."
To put it simply, Greece's financial woes have been brewing for decades as the Greeks consistently voted in representatives across the political spectrum who promised the people more than the economy could deliver.
A look at the latest market moves, with Ira Epstein, The Linn Group managing director.
The Irish government announced a budget targeting the country's rapidly shrinking wealthy population, but this still may not be enough to win the bailed-out country further concessions from its international lenders, economists have warned.
Despite a near record number of companies in the pipeline, the post-Facebook drought in initial public offerings may last all through the summer, say analysts.
The "Squawk on the Street" news team reports on the market-moving stories ahead of Friday's open, including a jump in futures on hopes global central banks will act if Greek elections spark market turmoil; Mario Draghi indicates the European Central Bank will respond to post-election turmoil in Greece; and Micosoft is gears up for a major announcement Monday.
Don Marron, Lightyear Capital chairman & CEO, and Donald Marron, Urban-Brookings Tax Policy director, discuss how Europe's sovereign debt worries have created a crisis of confidence in the markets.
Simon Ballard, the head of credit strategy at National Australia Bank, disputes George Soros' assertion that now is the time to punt on peripheral Europe.
Sweden's foreign minister, Carl Bildt, discusses the West-versus-Russia confrontation ongoing in Ukraine's Crimea region.
European stocks closed lower on Wednesday amid lingering worries over China's economy and concerns ahead of the referendum in Crimea this weekend.