Europe News


  • CNBC's Kelly Evans reports on all the market moving events from Europe, including a look at Spain's plan to cut spending and hike taxes, and Burberry's lower-than-expected growth.

  • Bored of the Euro Zone Wednesday, 11 Jul 2012 | 5:20 AM ET

    The Clash, one of the great bands of the 70’s (if that isn’t an oxymoron), had a track on their debut album called “I’m So Bored with the USA”. It came back into my consciousness when reading about the latest EU goings on this week, a re-mix would now replace “USA” with “eurozone”.

  • Greek Far Right Hangs a Target on Immigrants Wednesday, 11 Jul 2012 | 2:27 AM ET

    A week after an extremist right-wing party gained an electoral foothold in Greece’s Parliament earlier this summer, 50 of its members riding motorbikes and armed with heavy wooden poles roared through Nikaia, a gritty suburb west of here, to telegraph their new power,  the New York Times reports.

  • Austerity Stifling Job Creation: Labor Organization Wednesday, 11 Jul 2012 | 12:22 AM ET
    European Union Flag

    The International Labour Organization (ILO) called on European leaders to invest in their economies and make job creation their priority on Wednesday, as it released a new report which showed 3.5 million jobs had been lost since the 2008 financial crisis and a further 4.5 million were at risk.

  • Euro Will Drop to 1.1825 Levels     Tuesday, 10 Jul 2012 | 10:45 PM ET

    Andrew Robinson, FX Analyst, Saxo Capital Markets expects the euro to breach expected targets of 1.20 and hit 1.1825 despite the short rally gained from yesterday's ECOFIN conference.

  • Last Call: Never Say No to Facebook Employees Tuesday, 10 Jul 2012 | 9:36 PM ET

    A promising start but disappointing end to the trading day, Fitch reaffirms Rating on the U.S., as share price climbs traders are turning to options to trade stocks like Apple, Apple removes its green certification, Yoga instructor fired for enforcing cell phone ban at Facebook.

  • Richard Green, Asia Head, Structured Credit Insurance at Marsh tells CNBC that while European banks are being forced to scale down their banking activities in Asia, they are increasingly using structured credit insurance to remain competitive in the region.

  • Euro Zone PMIs are Back to 2008 Levels     Tuesday, 10 Jul 2012 | 7:40 PM ET

    Patrick Legland, Global Head of Research at Societe Generale says that debt continues to swell in the Euro Zone as growth stagnates.

  • EUR to Hit 1.15 by Year End     Tuesday, 10 Jul 2012 | 7:30 PM ET

    Gareth Berry, FX Strategist at UBS Investment Bank says that the euro could hit 1.15 against the USD by year end.

  • Another Volatile Day on Wall Street     Tuesday, 10 Jul 2012 | 7:15 PM ET

    Is the U.S. Dollar Index too strong now? Art Hogan, Lazard Capital Markets; and Keith McCullough, Hedgeye Risk Management, share their opinions. "At some point in time, the [strength in the dollar] becomes a significant tailwind," says Hogan.

  • Game Over for Euro? Theory Predicts Gloom Tuesday, 10 Jul 2012 | 4:48 PM ET

    The countries with the least to lose from leaving the euro aren't the ones you think - and that could be bad news for the euro. 

  • 10 Fastest Cars of 2013 Tuesday, 10 Jul 2012 | 2:21 PM ET
    Even though it’s only July, car enthusiasts are already looking ahead to next year. While many of them are sizing up next year’s models to determine price, fuel economy and durability. Others only want to know one thing --- how fast does this thing go?What follows is a list of the 10 fastest cars of 2013. It was provided by Karl Brauer, CEO and editor-in-chief of  an online review aggregator and information resource for cars currently on the market.“Entry into the ‘200 Miles Per Hour Club’ doesn

    Even though it’s only July, car enthusiasts are already looking ahead to next year’s models to determine price, fuel economy and durability.

  • Cramer’s 5 Recession-Resistant Stocks Tuesday, 10 Jul 2012 | 12:55 PM ET
    Abbott Labs

    In the wake of Friday’s disappointing jobs report, “Mad Money” host Jim Cramer thinks investors need to prepare for the possibility of a recession.

  • Markets Close Across Europe     Tuesday, 10 Jul 2012 | 11:30 AM ET

    CNBC's Simon Hobbs reports on Europe's extended gains amid ESM hopes, and the impact on U.S. markets, with CNBC's Brian Shactman.

  • The Good, Bad & Ugly on Earnings Forecast     Tuesday, 10 Jul 2012 | 11:23 AM ET

    What can investors expect this earnings season? Steven Wieting, Citigroup U.S. economist, weighs in with the data.

  • How to Trade a Disappointment Down Under Tuesday, 10 Jul 2012 | 9:32 AM ET

    Economic reports coming from China and Australia are creating a trading opportunity, this strategist says.

  • Euro Sags, British Pound Lifts, Krone Dips Tuesday, 10 Jul 2012 | 6:28 AM ET

    Euro zone disappoints again and British workers are on a roll — it's time for your FX Fix.

  • Spain's Banks Get Aid Package     Tuesday, 10 Jul 2012 | 6:15 AM ET

    "I think people want to see a real severing between the link between the sovereigns and the banks in Spain, so lend the Spanish banks the money and don't have the Spanish government on the hook for it, that would be helpful in Europe," says Alec Young, S&P Capital IQ, discussing the latest signs of financial crisis in the euro zone, and weighing in on ways to ease the fiscal problems there.

  • Global Markets Update: Spain Gets More Time     Tuesday, 10 Jul 2012 | 6:12 AM ET

    CNBC's Kelly Evans reports on all the market moving events from Europe, including EU ministers setting the parameters of an aid package for Spain's ailing banks, allowing an extra year to cut deficit to 3 percent by 2014.

  • Euroskeptics Set to Unveil List of Reforms Tuesday, 10 Jul 2012 | 2:26 AM ET
    St George's Flag & Houses of Parliament

    Conservative euroskeptics MPs are to unveil a lengthy shopping list of proposed reforms to the UK’s relationship with the EU as part of an attempt to return powers from Brussels, the Financial Times reports.

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