GO
Loading...

Enter multiple symbols separated by commas

Economic Regions PIIGS

More

  • Global Markets Update: Euro Up Slightly Against the Dollar

    U.S. futures are up the last trading day before Christmas and a day after the House agrees to accept Senate terms on the payroll tax cut. In Europe, the markets rally into the holidays. The euro is slightly up against the dollar.

  • Roubini: Euro Zone 'In Denial,' US Postpones Reforms Wednesday, 21 Dec 2011 | 12:16 AM ET
    Nouriel Roubini

    Famous economist Nouriel Roubini, credited for predicting the financial crisis, made a plea to policymakers to take the tough action needed to address current economic problems, in an article published on the Financial Times' website.

  • The Top 15 Business Stories of 2011 Tuesday, 20 Dec 2011 | 2:42 PM ET
    This story has been a slow moving train wreck all year, and will likely go into next year as well. The Euro zone continues to struggle with the fact that some of its members haven't been as fiscally responsible as others. Who'd have thought  would become a common finance term? Thanks to our global reach, CNBC.com was on top of every twist and turn. Of particular interest to our readers were our round-ups of the  and

    What were the biggest business stories of the year? Many a journo-hotshot will be glad to tell you. But here at CNBC.com, we like when our readers tell us what interests you.

  • Euro Break-Up 'Unthinkable': ECB Vice-President Tuesday, 20 Dec 2011 | 3:31 AM ET
    European Central Bank

    A break-up of the euro would be “absurd” and “unthinkable,” Vítor Constâncio, Vice-President of the European Central Bank (ECB), told CNBC Tuesday.

  • Global Markets Update: Draghi Says Analysis of Euro Zone Breakup Cost Due

    European shares slide as the ECB's Draghi says nothing about bond buying in speech. The ECB's Constancio says a euro zone breakup is unthinkable. Spain's incoming PM wants to reduce the deficit by $21.6 billion. Saab plans to liquidate after a Swedish court accepts its bankruptcy application. Oil stocks fall on weak economic recovery. And ratings agency Fitch says it's skeptical about Europe's ability to tackle its debt crisis. With Keith McCullough, Hedgeye Risk Management.

  • Global Markets Update: Euro Comes Off 11-Month Low Friday, 16 Dec 2011 | 5:10 AM ET
    Global Markets Update: Euro Comes Off 11-Month Low

    U.S. futures are up following yesterday's gains. European shares rise, led by mining stocks. Fitch downgrades Goldman Sachs, Deutsche Bank, Credit Suisse, BNP Paribas and Barclays. The euro is off its 11-month low. Italian PM Monti faces a confidence vote on a 33 billion euro austerity package. And gold rebounds while crude stays steady. In Asia, better-than-expected U.S. economic data lifts the markets in a mixed session.

  • Global Markets Update: LaGarde Calls for Action by Countries Outside EU

    European markets have a mostly green day after upbeat U.S. economic data -- insurance stocks are among the day's best performers. Credit Agricole falls after Fitch downgrades its long-term rating. Italy calls for a Friday confidence vote in effort to speed up austerity passage. And the IMF's Christine LaGarde says the world economic outlook is "quite gloomy" and requires action by countries outside the EU. Henry McVey, KKR head of global macro and asset allocation, discusses his investment strategy for a tu

  • Global Markets Update: Euro at 11-Month Low vs. Dollar Thursday, 15 Dec 2011 | 6:08 AM ET
    Global Markets Update: Euro at 11-Month Low vs. Dollar

    European markets rebound, although euro zone concerns remain. Manufacturing data continues to contract. Meanwhile, Spain finds strong demand for bonds even as yields on the 5-year fall. And the euro hits an 11-month low against the dollar.

  • A Romance With Risk That Brought On a Panic Monday, 12 Dec 2011 | 8:05 AM ET
    Jon Corzine

    Soon after taking the reins of MF Global in 2010, Jon S. Corzine visited the Wall Street firm’s Chicago offices for the first time, greeting the brokers, analysts and sales staff there, the New York Times reports.

  • Global Markets: U.S. Consumer Confidence Up Friday, 9 Dec 2011 | 11:40 AM ET
    Global Markets: U.S. Consumer Confidence Up

    CNBC's Mandy Drury looks at the upward move in the U.S. markets, partially due to the EU agreement. And lower gas prices bring about a rise in consumer confidence.

  • Europe Must Swallow 'Bitter Pill' Thursday, 8 Dec 2011 | 1:01 AM ET
    european_union_200.jpg

    Fiscal transfers from Germany to other countries in the euro zone will be essential to resolving the euro zone debt crisis in the long term, Erik Britton, director at Fathom Consulting told CNBC.

  • How a Break-Up of the Euro Zone Could Crush the UK Wednesday, 7 Dec 2011 | 3:03 AM ET
    Big Ben

    A break-up of the single European currency would have severe consequences on the UK economy, with unemployment pushing above 4 million, the pound appreciating sharply and major banks failing, analysts at ING wrote in a market note.

  • MF Global Risk Officer Warned About Bonds: Report Tuesday, 6 Dec 2011 | 7:08 AM ET
    MF Global website

    An executive in charge of controlling risk within MF Global raised concerns a few times last year about the increasing number of bets on European bonds by Jon S. Corzine, the company's former CEO, the Wall Street Journal wrote on Tuesday.

  • Critical Week forEuro Monday, 5 Dec 2011 | 10:45 AM ET
    Critical Week forEuro

    The euro is holding firm against the dollar, boosted by optimism on Italian austerity measures and the Merkel-Sarkozy meeting, with Marc Chandler, Brown Brothers Harriman.

  • Merkel, Sarkozy to Tackle Euro Zone Issues on Monday

    As the German chancellor, Angela Merkel, and the French president, Nicolas Sarkozy, are about to meet in Paris, CNBC's Annette Weisbach in Frankfurt and Stephane Pedrazzi in Paris discuss what will be on the meeting's agenda.

  • Arthur Andersen Ex-CEO: Enron, Europe Are Similar Friday, 2 Dec 2011 | 8:03 AM ET
    Enron

    A number of similarities exist between the collapse of Enron in 2001 and the current sovereign debt crisis in the euro zone, Joe Berardino, CEO at Alvarez & Marsal and the former CEO of Enron's accounting firm, Arthur Andersen, told CNBC.

  • Morici: Euro is a Cruel Hoax on Mediterranean Nations Thursday, 1 Dec 2011 | 1:23 PM ET
    The Federal Reserve headquarters in Washington, DC.

    Federal Reserve assistance to shore up Europe's sagging banks may be good geo-politics but it is bad economics. Only abandoning the euro, not printing money and Teutonic austerity, will fix Europe's banks and economies.

  • ECB Prepared to Step Up Crisis Fight: Economist Thursday, 1 Dec 2011 | 6:58 AM ET
    European Central Bank

    The European Central Bank could take on a greater role in attempts to tackle the debt crisis in the euro zone, conditional on national governments implementing economic reforms, Silvio Peruzzo, European Economist at RBS told CNBC.

  • Businesses Plan for Possible End of Euro Wednesday, 30 Nov 2011 | 1:23 AM ET
    E.U.

    International companies are preparing contingency plans for a possible break-up of the euro zone, according to interviews with dozens of multinational executives, the FT reports.

  • Jim Rogers Says Gold Due for Correction; Owns Dollar Tuesday, 29 Nov 2011 | 12:35 PM ET
    International investor Jim Rogers

    The price of gold is due for a correction and this could be used as an entry point by investors eager to get exposure to the precious metal, while the dollar is likely to strengthen as there has been too much pessimism about it, famous investor Jim Rogers told CNBC Tuesday.