European Debt Crisis


  • Early returns from the earnings season suggest that investors are slowly starting to buy into the scenario that better days lie ahead, unwinding some trades put on at the apex of market pessimism.

  • Labor to Private Equity: We Are Part of Solution Wednesday, 23 Jan 2013 | 4:44 AM ET

    For the first time in recent years, policymakers don't have a major financial crisis to grapple with at this year's World Economic Forum (WEF), which gets under way on Wednesday.

  • Has Draghi Won the Battle With Financial Markets? Thursday, 10 Jan 2013 | 9:34 PM ET

    A fall in euro zone government bond yields, rallying regional equity markets and a stronger euro suggest that six months after Mario Draghi pledged to save the euro zone from collapse, the European Central Bank (ECB) chief appears to be winning his battle with financial markets.

  • Euro Poised to Rise to $1.50, Pessimism Overdone: Expert Thursday, 22 Nov 2012 | 10:36 PM ET
    Euro Poised to Rise to $1.50, Pessimism Overdone: Expert

    Enough of the pessimism over the euro zone, says one analyst, who points out that the disaster scenarios anticipated by financial markets for the region have not played out, leaving the euro poised for a strong rally that could take it to $1.50 next year – a 17 percent gain from where it is now.

  • Earnings Tea Leaves: Signs of Life in China's Economy?

    Asia’s economies may still be booming, but a worrying amount of private sector credit is laying the groundwork of the next financial crisis, according to a new research by Capital Economics.

  • Young, Hopeless Europeans Flock to Former Colonies Friday, 2 Nov 2012 | 3:00 AM ET
    Young, Hopeless Europeans Flock to Former Colonies

    Rather than wait for prosperous economic times to return to her native Portugal, Tatiana Almeida (26), educated to be a journalist, decided to leave and move to East Timor, a former colony in Southeast Asia, in search for opportunities.

  • Despite Gloom, Global Equity Performance at 5-Year High Saturday, 27 Oct 2012 | 3:42 AM ET
    Despite Gloom, Global Equity Performance at 5-Year High

    Investors have been faced with major worries this year: the euro crisis, the U.S. "fiscal cliff", and China's slowdown—so it might seem counter-intuitive that markets just posted their best performance in five years.

  • Europe’s Poor Ask for Food Aid as Crisis Bites Friday, 26 Oct 2012 | 4:37 AM ET
    Europe’s Poor Ask for Food Aid as Crisis Bites

    Escalating numbers of Europeans now rely on food aid according to the Red Cross, which says failing welfare services and high unemployment mean nobody knows who may need to ask for help next.

  • Singapore paper currency and coins

    Talk that Singapore’s monetary policy will be eased soon is growing louder as the economy teeters on the brink of recession. Yet, high inflation puts the country’s central bank in a bind and its next policy move is by no means a done deal, economists say.

  • 1119896 Saturday, 30 Jun 2012 | 1:07 AM ET
  • The World's Biggest Debtor Nations Tuesday, 27 Mar 2012 | 10:28 AM ET
    Throughout the financial crisis, many national economies have looked to their government and foreign lenders for financial support, which translates to increased spending, borrowing and in most cases, growing national debt.Deficit spending, government debt and private sector borrowing are the norm in most western countries, but due in part to the financial crisis, some nations and economies are in considerably worse debt positions than others.External debt is a measure of a nation's foreign liab

    Some nations around the globe are in considerably worse debt positions than others. Here are nations with the world's greatest debts.

  • World's Biggest Gold Reserves Monday, 18 Jul 2011 | 11:17 AM ET
    With the price of gold reaching an all-time high of $1246 per ounce, in these uncertain times the market has been moving dramatically towards this traditional safe haven.  The biggest individual holders of gold - Central banks, International entities and governments - are believed to account for approximately 20.5 percent of the world's gold, holding about 29,787 tons. The numbers are taken from the monthly report produced by the , which the gold industry's key market development body. So which

    The holdings presented here are as of WGC's December 2011 report, unless otherwise noted. So, who holds the most gold? Click ahead to find out!

  • Countries Most Exposed To The PIIGS Tuesday, 21 Jun 2011 | 4:12 PM ET
    The European sovereign debt crisis continues to rattle global markets as uncertainty over austerity measures and a proposed bailout have people questioning whether the Eurozone will be able to survive more financial trauma. At the center of concerns are the "PIIGS" nations - Portugal, Italy, Ireland, Greece and Spain - heavily indebted countries in danger of default that could trigger an economic domino effect around the globe. In an April 2010 report, the Swiss-based  (BIS), a clearinghouse for

    So, which countries are most exposed to the PIIGS? Click for a country-by-country breakdown.

  • Highest Corporate Tax Rates Tuesday, 14 Dec 2010 | 4:36 PM ET
    With both economic growth and corporate profits under extreme pressure these days, corporate tax rates are under greater scrutiny around the globe. The (OECD) has tracked corporate tax data from its member countries every year since 1981. The tax rates listed here are “combined corporate income tax rates,” a number that includes both national and local levies. It should be noted that the OECD only compiles corporate tax data on its which do not include the BRIC nations, as these countries are no

    With economic growth and corporate profits under extreme pressure these days, corporate tax rates are under greater scrutiny. Click to see which countries have the highest corporate tax rates.

  • EUROPE—Johnson Wednesday, 1 Dec 2010 | 3:28 PM ET
    European Union logo

    The euro nears parity with the dollar, the Bank of England undertakes its own QE2 and Greece opts to restructure its debt.

  • Seven Banks Fail Stress Tests Friday, 23 Jul 2010 | 1:38 PM ET

    Seven of 91 European banks failed stress tests aimed at measuring their strength in case the continent's government debt crisis takes a turn for the worse, regulators said Friday. European Union officials hope the results will reassure markets worried about hidden bank losses from the crisis.

  • EU Banks Seek Funds Ahead of Stress Tests Friday, 23 Jul 2010 | 11:04 AM ET

    Three European banks have revealed capital-raising plans  before the results of stress tests were due to be made public, the FT reports.

  • Could Stress Tests Be Europe's Last Chance? Thursday, 22 Jul 2010 | 4:30 PM ET

    Friday at noon, New York time, 91 banks in Europe will reveal how strong they would be if the region went back into recession over the next two years and the sovereign debt they hold plunged in value.

  • How The Tests Work And What They Measure Thursday, 22 Jul 2010 | 9:40 AM ET

    Forget about stress tests as a way of gauging the health of Europe's banking sector. Instead you should look to the biggest-spending soccer team, according to Jim O'Neill, chief global economist for Goldman Sachs.

  • National Bank of Greece Will Pass Tests: Chairman Wednesday, 21 Jul 2010 | 10:25 AM ET

    The National Bank of Greece is confident it will pass the European Union stress tests and is not looking for an increase of capital or a merger at the moment, its chairman told CNBC Wednesday.