Sovereign Debt Crisis

Europe's largest financial institutions, which have been readjusting since the onset of the 2008 financial crash and the sovereign debt crisis that followed, are causing pain all over the globe that will have long term implications, according to analysts.

Stop asking for more help, Germany tells Greece

Greece's new government should stop asking for more help and instead move quickly to enact reform measures agreed to in return for previous bailouts from its European partners, German Finance Minister Wolfgang Schaeuble said on Sunday.

India may be affected due to renewed euro-zone crisis: RBI

India and other developing countries could be adversely affected due to increased risk aversion and slowdown in global capital flows amid renewed concerns over sovereign debt crisis in euro zone, RBI said today.

Forego currency support to avert Armageddon default: Tyche

As the Euro zone reels under pressure, Martin Hennecke, Associate Director, Tyche Group believes that major Western countries are also expected to face a major sovereign debt crisis in the days ahead.

ECB's 3-yr loans a quasi-QE through the back door: RBS GBM

In an interview to CNBC-TV18, Moorad Choudhry, head-business treasury, RBS Global Banking and Markets says the new facility by the ECB is a much needed boost and shouldn’t be viewed as a negative.

5 biggest assumptions that went bust

After all, oil continues to be important in the global scheme of things. This, coupled with the revival of authoritarianism in Russia, suggested that people were willing to trade a bit of political freedom for economic good.

Is the eurozone heading towards a breakup?

Countries across Europe are reeling under a debt crisis. The Euro is under pressure because many countries don’t satisfy the parameters needed to be in the Eurozone

2012 could prove even wilder ride than 2011

The ancient Mayans attached special significance to 2012, possibly the end of time. That has spawned a rush of apocalyptic literature for the holiday season.

Debt crisis pushes developed economies to edge: Poll

The sovereign debt crisis crippling the euro zone still threatens other developed economies, leaving Britain and Japan teetering on the edge of recession but with the United States seen several paces away from a slump, a Reuters poll found.

If EU Summit does not deliver mkts can go down: IG Mkts

The possible negative outcome of tomorrows European Leaders Summit has left global markets jittery. In an interview with CNBC-TV18, Jason Hughes of IG Markets says EU leaders have the potential to deliver this around.

Euro zone heading for steep contraction in Q4 - PMIs

The escalating sovereign debt crisis has already pushed the euro zone economy into a contraction that could be far worse than economists had expected, business surveys suggested on Monday.

Pressure mounts in Europe as finance ministers meet

Euro zone finance ministers are to agree on Tuesday the details of bolstering their bailout fund to help prevent contagion in bond markets, under pressure from the United States and ratings agencies to staunch a two-year-old debt crisis.

Brent heads to below $111 on Europe's debt worries

Brent crude slipped, heading to below USD 111 on Thursday, on concerns about demand growth, as France and Germany clash over the role the European Central Bank should adopt to rein in the region's sovereign debt crisis.

Oil edges higher; eyes stockpiles, EU meeting

US oil edged higher on Wednesday, but remained well short of a near three-month high hit the previous day on a build in crude stocks stocks and worries that Europe may fail to deliver a solution to the sovereign debt crisis.

More banks doesn't mean more banking: Y V Reddy

Nobel laureate Joseph Stiglitz once said that if America had a central banker like YV Reddy, it wouldn't have been in such a mess.

Euro zone considers making banks pay more for Greece

European finance ministers are considering making banks take bigger losses on Greek debt and have delayed a vital aid payment to Athens until mid-November, setting up a crunch point in the euro zone's sovereign debt crisis.

Check out expert advice for crude, gold, silver, copper

The commodity space has been witnessing a lot of volatility due the rising concerns over global growth and fears of euro zone's sovereign debt crisis. Crude oil futures fell sharply on Friday, settling at the lowest price in more than a year.

Greek default jitters hammer French banks, euro

Growing fears of a Greek default sent a hurricane through heavily exposed French banks on Monday and hit the euro as investor confidence in the European currency area's ability to surmount a sovereign debt crisis ebbed.

More correction on way; buy into weakness in Asia: Aberdeen

In an interview with CNBC-TV18, Peter Elston, Strategist at Aberdeen Asset Management Asia speaks about the European weakness affecting global stock markets. While he urges investors to prepare for some more correction, he suggests the weakness in the Asian space is a great buy call.

Deutsche says Europe crisis could kill weak banks

Europe's sovereign debt crisis will stunt bank profit for years and could kill off the weakest, Deutsche Bank chief executive Josef Ackermann told industry bosses, amid intense scrutiny of the sector's finances.

Global stocks near 11-month low on recession fears

World stocks fell towards a recent 11-month low on Monday while the euro and oil prices slipped as concerns about a global economic downturn prompted investors to sell risky assets.

Gold futures touch new high of Rs 24,175 on global cues

Riding high on firming trend overseas, gold futures prices hit yet another record of Rs 24,175 per 10 grams today.

Italy not another Greek elephant in Euro room: UniCredit

As Greece struggles with their bludgeoning debt will Italy be next especially after last week's outlook downgrade? Federico Ghizzoni, Chief Executive of UniCredit tells CNBC's Geoff Cutmore that Italy is a in a totally different situation than Greece.