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  • There Is ‘No Way Out’ for Europe: Economist Monday, 14 Nov 2011 | 5:57 AM ET

    There is no solution to the current debt crisis plaguing the euro zone, and it’s an illusion to think that one lies on the horizon, an economist told CNBC Monday.

  • Don't Blame Capitalism - Blame Selfish Prats Monday, 14 Nov 2011 | 12:44 AM ET
    Student demonstrators carry banners as they march against cuts in tuition funding in London on November 9, 2011. Thousands of students headed to London on November 9 to march against cuts to higher education funding, as a huge police operation sought to head off any repeat of violent protests one year ago.  AFP PHOTO / BEN STANSALL (Photo credit should read BEN STANSALL/AFP/Getty Images)

    If we’re not to blame capitalism for the current wave of dissatisfaction, who are we to blame? Selfish prats. They can be found across the political spectrum and in all socio-economic groups. They make poor decisions and screw stuff up for everyone else.

  • euro_drowning_200.jpg

    Splitting the EU – creating a small core of euro zone countries and a looser outer circle – has been taboo. But as Europe debt crisis worsens, France and Germany are discussing the idea more intensively, the Christian Science Monitor reports.

  • Pro-Euro Economist Papademos Takes Charge in Greece Thursday, 10 Nov 2011 | 10:09 AM ET
    Lucas Papademos

    Lucas Papademos might have been hoping to gently ease into retirement after close to four decades as an economist and central banker.

  • 'Relative-Valuing' the EU Rescue Fund’s Bonds Wednesday, 9 Nov 2011 | 9:15 AM ET

    The euro zone’s bailout fund, the EFSF, was set up to provide a backstop for euro sovereign members who get into, er...payment difficulties. To date the EFSF has issued two bonds, the first in January maturing in 2016 and a second one in June that matures in 2021.

  • Former U.S. Federal Reserve Chairman Paul Volcker

    The scale of Europe’s debt problems has forced its central bank to go beyond its traditional role in order to limit the cascading effect of the crisis, the former Chairman of the U.S. Federal Reserve Paul Volcker, told CNBC on Tuesday.

  • Ditching Euro Not Answer for Greece: Minister Monday, 7 Nov 2011 | 4:38 AM ET

    As Greece's leaders tried to finalize the details of its new coalition government, Pavlos Yeroulanos, Minister of Culture and Tourism in the current regime, told CNBC that leaving the single currency would not solve its problems and ruled out a referendum on Greece's membership of the euro zone in the near future.

  • Guest Blog: The End Of The Road For Compromise Monday, 7 Nov 2011 | 3:28 AM ET

    Europe must learn again that welfare is a joint responsibility between state and citizen; that governments cannot redistribute wealth that doesn’t exist; and, that welfare follows from hard work, writes Zoltán Cséfalvay, Minister of State for Economic Strategy for Hungary.

  • G20 to Hold Yet More Euro Zone Crisis Talks Monday, 7 Nov 2011 | 1:52 AM ET
    President of the European Commission Jose Manuel Barroso chats with U.S. President Barack Obama as (from L to R) Russian President Dmitry Medvedev, German Chancellor Angela Merkel, French President Nicolas Sarkozy and Japanese Prime Minister Naoto Kan follow behind as the leaders emerge from lunch on their way to the first plenary session at the G8 Summit on May 26, 2011 in Deauville, France. France is hosting the G8 Summit, which focuses on issues including African development, the Arab Spring

    The Group of 20 is seeking to meet again, possibly before Christmas, with the aim of resurrecting a deal to provide an international firewall around Greece, G20 sources have told the Financial Times, saying negotiators at the Cannes summit had been close to an agreement.

  • No Cannes Do for G20 Leaders Monday, 7 Nov 2011 | 12:35 AM ET
    German Chancellor Angela Merkel and French President Nicolas Sarkozy

    Those looking for firm action in the final G20 communique would have had a hard time finding much to get their teeth into.

  • Your Currency Trade If Europe Gets Worse Friday, 4 Nov 2011 | 8:49 PM ET

    Europe is officially in crisis mode, but the euro is hanging tough. Here's how to prepare if uncertainty seems primed to rise on Monday.

  • Europe Fails to Get Help From G20 Leaders Friday, 4 Nov 2011 | 6:24 PM ET
    International Monetary Fund Director Christine Lagarde

    Europe failed to get the leaders of the world's wealthiest economies to help out with its debt troubles, but everyone left a G20 summit Friday relieved that at least they forced the Greek prime minister not to hold the world hostage with a bailout vote.

  • Greece, the IMF & Money Friday, 4 Nov 2011 | 2:04 PM ET
    Greece, the IMF & Money

    CNBC's Steve Liesman has the details on Greece, the IMF, and how the country plans on getting financial relief.

  • Barack Obama

    President Obama said world leaders have made important progress at the G20 summit to put their economic recoveries on firmer footing, adding that all countries have an enormous stake in the outcome of Europe's debt crisis.

  • Confusion Still Prevails Over Greek Leadership Friday, 4 Nov 2011 | 7:54 AM ET
    The former Greek Prime Minister, George Papandreou

    The future of Greek Prime Minister George Papandreou's government looked increasingly doubtful as it prepared for a confidence vote Friday, with markets facing continued uncertainty in the euro zone.

  • Dollar Awaits Jobs Data, Euro Awaits Greek Vote Friday, 4 Nov 2011 | 7:36 AM ET

    Australia goes downbeat, and Greek no-confidence vote gives none - it's time for your FX Fix.

  • The Real Issue for Europe is Italy: Expert Friday, 4 Nov 2011 | 3:00 AM ET
    The Real Issue for Europe is Italy: Expert

    Patrick Legland, global head of research at Societe Generale, told CNBC he feared the Greek debt crisis could be a "dress rehearsal" for what could happen with Italy.

  • bond_insurance-140.jpg

    When future financial historians look back at the early 21st century, they may wonder why anybody ever thought it was a good idea to repackage subprime securities into triple A bonds. So, too, in relation to assumptions about the “risk-free” status of western sovereign debt, according to the FT.

  • Thoughts on Euro Summits- Pedro de Noronha Thursday, 3 Nov 2011 | 1:53 PM ET

    What happened in Europe over the past 10 to 20 years was almost like a Bernard Madoff event. The EU gave rules for countries to follow, but just like the ponzi schemer, the countries were their own judges and had quite a bit of leeway in creating off-balance-sheet debt, and they were their own auditors.

  • Evangelos Venizelos

    Tensions between Greek Prime Minister George Papandreou and Finance Minister Evangelos Venizelos are increasing the risk of a Greek government collapse, after Europe and the International Monetary Fund (IMF) warned the debt-laden country Wednesday that it will cut off its aid flow until a planned referendum is resolved.