Lewis said he found it “amazing” that the Irish government has “socialized” the banks—some $80 billion in senior and subordinated debt—and made it the financial responsibility of Irish taxpayers, who didn’t create it.
The European Central Bank suspended its emergency purchases of euro zone government bonds last week as the debt crisis eased, allowing it to focus on combating rising inflation, reports the Financial Times.
Financial bookmakers predicted gains for the leading European benchmark indexes on Tuesday, with the focus seen shifting back to the economic outlook and company earnings.
Risks that the troubles in Egypt may spread have increased and the uprisings have a negative effect on growth, as well as contributing to higher prices, economist Nouriel Roubini said.
European shares were set to fall on Monday as concerns grew the Egyptian anti-government protests could spark instability elsewhere in the Middle East.
European stocks were indicated to open flat to slightly higher, ahead of gross domestic product data from the US which would show how solid is the recovery of the world's biggest economy.
European shares were set to edge up on Thursday, tracking gains on Wall Street and in Asian markets after the Fed's meeting.
European shares were set to rise on Wednesday, after US President Barack Obama stressed a need to lower corporate tax rates.
At least for this year, the euro zone will remain united and no country is likely to default, analysts told CNBC.com. But debt restructuring is on the horizon for later.
European shares are set to rise for a third straight session on Tuesday, mirroring gains in Asia and on Wall Street.
European shares are set to edge higher on Monday, tracking Friday's gains on Wall Street.
Day by day, investors in Europe tell me their confidence is growing that the Union is moving decisively towards fixing its problems.
Irish Finance Minister Brian Lenihan will press ahead with a plan to impose a 90 percent charge on bankers' bonuses when the budget bill is published on Friday, newspaper the Irish Independent reported.
Hidden among an otherwise sea of red due to China fears, some markets rallied: Athens' ASE up 2.6 percent, Portugal's PS120 up 1.1 percent and Spain's IBEX spacer up 0.76 percent. More importantly, there's a growing bid under peripheral European debt.
European stock index futures pointed to a lower open on Thursday, with stocks poised to extend the previous session's sell-off.
European shares were set to edge up on Wednesday, tracking gains on Wall Street and in Asia, on robust earnings overnight from U.S. technology firms.
European stocks were seen slightly rising on Tuesday, inching higher for a second day in a row, with global miner Rio Tinto in focus after posting record iron ore output.
Jean-Claude Trichet’s hawkish comments on inflationary pressures and the resultant jump in the euro following Thursday’s European Central Bank's press conference talk has turned attention back to central bank exit strategies, an economist said Friday.
European stocks were set to dip Friday, tracking losses on Wall Street and in Tokyo, with heavyweight resource-related shares feeling the pinch of lower commodity prices.
The "Fast Money" traders reveal a second derivative trade off of a European recovery.