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Speculation of a bailout extension for Greece helped send the S&P 500 to a record high.
Greece was unable to reach a deal with the European Union to stay in an EU bailout program. Michelle Caruso-Cabrera tells us what went wrong and what might come next.
A cease-fire between Russia and Ukraine helped to ease investor concerns, since any more trouble in the region could weigh on Europe’s economy.
U.S. stock index futures signaled a higher open on Thursday, following gains in Europe on the back of strong bank earnings and a peace deal between Russia and Ukraine. Futures trimmed some gains as retail sales for January came in weaker than expected, down 0.8 percent and near December’s 0.9 percent decline. Retail sales ex-autos …
Greece and the Eurozone may be in a temporary stalemate, but you wouldn’t know that looking at Europe. The Greece ATHEX Composition has risen 6 percent, and a somewhat vague declaration on a cease-fire in Ukraine is animating the rest of Europe, with all major bourses up. European banks are especially strong after a terrible …
Despite the strident attitude taken by Greece’s new prime minister over the weekend, the plan that the country will present to its creditors among the euro zone finance ministers on Wednesday is likely to be somewhat softer in tone, CNBC has learned. Greek Finance Minister Yanis Varoufakis will meet with the so-called Eurogroup on Wednesday …
President Obama met with German Chancellor Angela Merkel to find common ground on some divisive issues.
Stocks fell as the new Greek Prime Minister remains defiant, setting his government on a collision course with creditors.
Food prices might be soaring in Russia, as inflation continues to rise – but the cost of one Russian staple is coming down: vodka. The Russian government has cut the minimum price of vodka, in an attempt to stop people turning to moonshine – or high-proof counterfeit spirits – amid rising prices, according to local …
Some of Croatia’s poorest citizens will be offered a “fresh start” on Monday when the eastern European country’s government cancels their debt in an attempt to kickstart the economy. The large and unprecedented measure was endorsed by Croatia’s left-wing government on January 15. Under the measure, citizens earning no more than 1,250 kuna ($184) a …
Russia’s central bank made a surprise cut in its main interest rate, just a month after hiking the same rate. Can anything save Russia’s floundering economy?
Geoff Cutmore sits down with Russia’s finance minister to discuss the country’s hard-hit economy.
A radical leftist was elected as the new Prime Minister of Greece, which is setting the stage for a showdown with the nation’s biggest lenders.
Greek voters aren’t just choosing a new government, they could chart a new and uncertain future for Europe’s most indebted country.
Nightly Business Report has reaction to the European Central Bank’s new historic bond-buying program from our across Europe.
