Britain's Prime Minister has slammed the European Union's demands for an additional 2.1 billion euros, branding it "unacceptable".» Read More
"It is impossible for one country to leave the euro zone," says Paul Donovan, UBS Investment Bank economist, weighing in on why he believe the EU will eventually bailout Greece and the euro zone will stay intact.
CNBC's Steve Liesman weighs in on Mario Draghi's comments that the ECB is ready to do what it takes to preserve the euro zone.
There’s little chance that Greece will leave the euro zone by the end of the year and a solution to the country's problems should focus on the top-slicing of its debt, Steven Major, Global Head of Fixed Income Strategy at HSBC told CNBC.
"The words are important but they need to be accompanied by follow on actions," says Neal Wolin, U.S. Deputy Treasury Secretary, discussing comments made by the ECB's Mario Draghi to preserve the euro.
The European Central Bank chief lifts the euro and the Philippines go easy — it's time for your FX Fix.
European Central Bank President Mario Draghi pledged on Thursday to do whatever was necessary to protect the euro zone from collapse, sending markets and the euro higher Thursday afternoon.
Lee Sachs, Alliance Partners CEO, weighs in on comments made today by the ECB's Mario Draghi's pledge to do whatever is needed to save the euro zone.
"Beyond the words, there needs to be action," says Neal Wolin, U.S. Deputy Treasury Secretary, weighing in on comments made by the ECB's Draghi to do whatever is needed to save the euro zone.
Neal Wolin, U.S. Deputy Treasury Secretary, discusses the problems and restrictions facing big banks, and weighs in on whether the set of rules set in place now make big banks safer but more difficult to operate.
CNBC's Carolin Schober reports the update on concerns about Spain's regional debt.
CNBC's Kelly Evans reports on all the market moving events from Europe, including a Citigroup report that indicates there is a 90% chance Greece will exit the euro zone within the next twelve to eighteen months.
The UK’s deepening recession will cost the country its cherished triple-A credit rating, leading bond investors warned after output fell 0.7 percent in the three months through June.
James Ashley, Senior Economist at RBC Capital Markets says the Spanish government will need external support to get through this crisis. He shares his view on the type of bailout Madrid will need to survive. He's also downbeat on Italy, saying that the country is likely to be recession throughout this year, and possibly into next year.
Mark Mobius, Executive Chairman, Templeton Emerging Markets Group expects the European Union to take three or four years to resolve its debt issues but is optimistic that the bloc is moving in the right direction.
Spain’s high government bond yields are right where they should be given the country’s inflation outlook, Mark Mobius, Executive Chairman at Templeton Asset Management's Emerging Markets Group told CNBC on Wednesday.
Greg Gibbs, Senior Currency Strategist at RBS anticipates more quantitative easing by the Fed in the next quarter in the form of purchases of mortgage backed securities.
Richard Yetsenga, Head of Global Markets Research at ANZ says that the way Greece's economy operates means that it should never have joined the euro zone.
Richard Yetsenga, Head of Global Markets Research at ANZ says that QE3 is inevitable as the U.S. still faces significant headwinds. However, what form it will take is unknown.
Mild mannered Switzerland is putting downward pressure on the common currency.
So what are some of the prohibited and restricted items in 2012 Olympic venues? Click ahead for some of the most interesting examples.
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Nicolas Véron, senior fellow at Bruegel says the European banking stress tests will show how rigorous a supervisor of the banks the ECB will be.
David Enrich, European banking editor at the Wall Street Journal says problems in the European bank stress tests are likely to be concentrated in Austria and Italy
U.K. Prime Minister David Cameron has slammed the European Union's demands for an additional 2.1 billion euros ($2.65 billion) as a result of the U.K.'s strong economic performance, branding it "unacceptable".