CNBC's Simon Hobbs reports on all the market moving events in Europe today, including PMI releases for eurozone countries. » Read More
The Wall Street Journal has been analyzing the results of the European banking stress tests and wrote in a story published Tuesday that "some banks didn't provide as comprehensive a picture of their government-debt holdings as regulators claimed."
The rest of the year will be "less buoyant than the second quarter" and the ECB remains "very cautious and prudent," ECB President Jean-Claude Trichet told CNBC in an exclusive interview.
"No actor, no product, no sector, no territory should no longer be able to escape sensible and intelligent regulation and supervision," Michel Barnier, the EU Commissioner for financial services, warned in an interview with CNBC.
When the European Union stepped in this spring with a €750 billion ($955 billion) rescue package to back Europe’s weaker economies, the threat of imminent default practically disappeared, the New York Times reports.
A big risk for markets is the fact that faith in the US government's ability to fight the economic markets is eroding, Steen Jakobsen, Chief Investment Officer at Litmus Capital Partners told CNBC Friday.
The decline of the Western economic model will bring about hyperinflation and decades of painful readjustment, Egon von Greyerz, founder of gold investment intermediary Goldswitzerland.com told CNBC Thursday.
Unprecedented actions by central banks and governments across the world have averted a melt-down in the global economy but commentators say we are not out of the woods yet.
I have noticed that Apple delivers many familiar products and services in formats that are much lower in carbon content than the ones they replace, so maybe it can deliver an app that solves the problem of climate change and an energy inefficiency.
The July rise in wheat prices, the fastest in 51 years, indicates that shortages in agriculture are coming, Jim Rogers, chairman of Rogers Holdings, told CNBC.com Tuesday.
Fears over a double-dip recession for the global economy are waning, but investors should be more worried about ultra-loose policy from the Federal Reserve, according to Joachim Fels, the co-head of economics at Morgan Stanley.
Gold and oil prices are flashing warning signals that this summer may look more like the summer before the collapse of Lehman Brothers, a currency strategist warns.
Following last week's European Union stress test results and news that Basel III liquidity rules have been watered down, one analyst said it could be time to get back into a number of European banking stocks.
Europe has chosen the wrong way to cut debt and unfortunately the United States will follow, Dennis Gartman, author and publisher of the Gartman Letter, told CNBC Wednesday.
A law to ban naked short selling in Germany will come into force on Tuesday after having been approved by the parliament earlier this month.
The pan-European stress tests on the banking sector were not tough enough to reflect future worsening conditions for the continent's economy, Nouriel Roubini told CNBC.com.
"There are more problems coming in the currency markets, pension funds, US states and cities, etc. None of this was considered although the latter is only indirect for the European banks," the famous investor told CNBC.com.
One analyst says governments and regulators have missed a major opportunity that will come back to haunt them, even though European stocks advanced Monday on relief over results.
The results of pan-European stress tests released by the Committee of European Banking Supervisors (CEBS) are detailed enough for investors to work out for themselves losses that banks might incur in case of sovereign defaults if they wish, CEBS chairman Giovanni Carosio told CNBC in an interview Friday.
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.
Seven of the 91 banks failed the EU stress test. Here's the country-by-country information.