The new rescue plan for Greece will not solve the long-term problems in the euro zone, analysts and investors told CNBC Friday.
European stocks were set to open higher on Friday, as euro zone leaders finally agreed on a fresh bailout for Greece and on enhanced powers for the monetary union's rescue fund.
A draft is at hand: euro zone leaders have a general plan for dealing with Greece. Here's what to do now.
It's a busy day in Europe - and a complicated one for investors.
Jean-Claude Juncker, chairman of the group of euro-zone finance ministers, said that a selective default on Greek debt cannot be ruled out under a new bailout plan for the country, Dow Jones reported Thursday.
George Osborne has urged euro zone leaders to “get a grip” on the sovereign debt crisis at their summit today, warning that failure to do so could unleash an economic crisis as serious as the recession that followed the banking crash of 2008.
Market analysts forecasting the demise of the euro and the break-up of the European Union are doing so on fundamentally flawed assumptions about European integration, economists and policy experts told CNBC.com.
European shares are expected to open flat Thursday as investors remain cautious over the possibility that a resolution to the European sovereign debt crisis can be reached.
Investors seem hopeful that something will actually come of this latest euro zone confab. But be careful what you wish for.
The Canadian dollar often rises when risk appetites are high - but this strategist says it's a safe haven against the messes in the U.S. and Europe.
Bulls are running in Europe and kiwis are lifting off - time for your FX Fix.
Politics has prevented a swift resolution to the Greek sovereign debt crisis that now threatens to engulf the monetary union, Myles Bradshaw, Senior Vice President and Portfolio Manager at PIMCO told CNBC.
Germany, the euro zone's largest economy, should be prepared to take a downgrade to its AAA-rated debt to help save the single currency area, Charles Diebel, head of market strategy at Lloyds, told CNBC Wednesday.
The European markets were expected to open higher Wednesday as stocks bounced back ahead of an EU summit aimed at resolving the regional debt crisis.
International soccer authorities and law enforcement officials are struggling to combat rampant game fixing by what they describe as sprawling networks of organized crime, a problem that has plagued the sport for decades but appears to have intensified recently.
The future of the euro is secure despite the debt crisis engulfing parts of the euro zone, Ewald Nowotny, one of the governors of the European Central Bank (ECB), told CNBC Tuesday.
A tax on euro zone banks and cheaper, longer-dated official loans are the least risky way to provide extra funding for debt-stricken Greece, a confidential paper drafted ahead of a European summit showed on Tuesday.
Politicians on both side of the Atlantic are playing a "dangerous game" over the debt crisis, Beat Wittmann, Chairman of DynaPartners, told CNBC Tuesday.
European markets were expected to open slightly higher Tuesday, rebounding from Monday's losing session as the concerns over last week's European bank stress tests are replaced by optimism over company earnings.
The debt crisis in Europe continues to dog the global stock market, with Whitney Tilson, T2 Partners.