The new rescue plan for Greece will not solve the long-term problems in the euro zone, analysts and investors told CNBC Friday.
Banks across Europe are braced to take as much as 17 billion euro ($24.5 billion) of writedowns on their holdings of Greek sovereign debt within a matter of days.
A draft is at hand: euro zone leaders have a general plan for dealing with Greece. Here's what to do now.
European leaders on Thursday clinched a new rescue plan for Greece that could push the country into default on some debt but would also give Europe’s bailout fund new powers to aid struggling economies, the NY TImes reports
It's a busy day in Europe - and a complicated one for investors.
Could it be? A euro debt deal may be finally in sight - time for your FX Fix.
The chief executive and founder of Actelion, one of the world's biggest biotechnology companies, said the firm would stay independent despite pressure from activist shareholders.
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.
Investors seem hopeful that something will actually come of this latest euro zone confab. But be careful what you wish for.
Bulls are running in Europe and kiwis are lifting off - time for your FX Fix.
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.
Doves are out in Australia and the euro's getting a lift - it's time for your daily FX Fix.
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.
The debt crisis drags on in Europe and inflation is up down under — it's time for your FX Fix.
The euro zone has avoided a major currency crisis so far because of the dispute around raising the debt ceiling on the other side of the Atlantic, David Bloom, global head of foreign exchange strategy at HSBC, told CNBC on Monday.
Equity markets are in the grips of a tug of war — between solid company fundamentals and macroeconomic uncertainty.
At best, former Scotland Yard senior officers acknowledged in interviews, the police have been lazy, incompetent and too cozy with the people they should have regarded as suspects. The New York Times reports.
The European bank stress tests were reassuring - if you trust the results. Here's how to trade the real news.
Ratings agencies. Can't live with 'em, can't live without 'em, these pros say.