GO
Loading...

Enter multiple symbols separated by commas

CNBC Franchise Archive Europe: Economy

More

  • Italy’s Record Tax Haul Helps Cut Deficit Friday, 5 Apr 2013 | 6:35 AM ET
    Rome, Italy

    Italy's fiscal deficit narrowed in the final quarter of 2012 to 1.4 percent of gross domestic product, compared with 2.6 percent in the same period of 2011.

  • Cyprus Sparks Fears of Crunch Time for Spain Friday, 5 Apr 2013 | 6:24 AM ET

    Spain's banking bailout last year is now a distant memory. But according to one strategist, Spain's fragile economy now faces the possibility of tipping over into a renewed credit crunch.

  • France Appeals for German Leniency on Deficit Friday, 5 Apr 2013 | 1:13 AM ET
    Cracks in France…as Southern Europe Moves Ahead

    France urged Germany on Thursday to grant it more time to hit its public deficit-cutting target, but denied it was turning into the new "sick man of Europe" even as data pointed to a deepening French downturn.

  • Draghi: The Buck Does Not Stop With ECB Thursday, 4 Apr 2013 | 12:06 PM ET
    ECB President Mario Draghi

    European Central Bank President Mario Draghi said the central bank would keep monetary policy accommodative "for as long as needed".

  • European Shares Close Lower After Draghi Comments Thursday, 4 Apr 2013 | 11:45 AM ET

    European shares closed sharply lower on Thursday after comments made by the Mario Draghi, president of the European Central Bank (ECB), curbed investor sentiment.

  • Bank of England Holds Fire Despite New Remit Thursday, 4 Apr 2013 | 7:09 AM ET
    The Bank of England

    The Bank of England opted on Thursday not to pump new money into Britain's stagnant economy, despite a new remit that gives it clearer leeway to disregard above-target inflation.

  • Mystery Deepens Over Cyprus' Capital Controls Thursday, 4 Apr 2013 | 4:34 AM ET
    Nicosia, Cyprus

    Has Cyprus extended capital controls by another week? That's the mystery facing the market on Thursday.

  • Italy Delays $50 Billion Payment of State Debts Thursday, 4 Apr 2013 | 1:28 AM ET

    Italy's caretaker government announced on Wednesday it was delaying approval of a decree to pay back some 40 billion euros of state debts to private firms.

  • European Shares Hit by Poor US Data Wednesday, 3 Apr 2013 | 11:57 AM ET

    European shares closed lower on Wednesday, shadowing losses on U.S. bourses after disappointing American data.

  • Will Cyprus Force Draghi to Finally Cut Rates? Wednesday, 3 Apr 2013 | 11:08 AM ET
    Mario Draghi

    Cyprus's troubles offer Mario Draghi an "excellent justification" to cut interest rates at Thursday's European Central Bank meeting, according to a research note by Dutch bank ING.

  • Bitcoin Showing ‘Aggressive Bubble’ Behavior: SocGen Wednesday, 3 Apr 2013 | 10:02 AM ET

    Online currency bitcoin has surged in value since the Cyprus bailout saga sparked global interest in alternatives.

  • Spaniards Fight Evictions by Embarrassing Politicians Wednesday, 3 Apr 2013 | 8:58 AM ET
    Premium: Spaniards Protest Evictions

    Spanish protesters seeking to stop a wave of evictions have resorted to embarrassing politicians at their homes over harsh mortgage laws that have multiplied the pain of a property crash in the recession-hit country.

  • Rate Cut Coming? Euro Zone Inflation Falls Wednesday, 3 Apr 2013 | 5:52 AM ET

    The rate of consumer price inflation in the 17 countries using the euro fell to an annual rate of 1.7 percent in March. It could provide a rationale for an interest rate cut when central bankers meet on Thursday.

  • Moleskine CEO on IPO: Investors Have Nothing to Fear Wednesday, 3 Apr 2013 | 4:41 AM ET
    Moleskin notebooks

    The chief executive of upmarket notebook maker Moleskine told CNBC that the company was robust enough to withstand political instability in Italy and the digital age as it launched its initial public offering (IPO) on Wednesday.

  • Cyprus President Invites Probe of His Family Firm Wednesday, 3 Apr 2013 | 4:31 AM ET
    Premium: Nicos Anastasiades with Euro Flag

    Cyprus president Nicos Anastasiades has urged judges looking into the country's banking disaster to examine transactions handled by his family law firm as "a priority" in a bid to defuse public anger, the FT reports

  • European Shares Close Higher After 2-Week Slide Tuesday, 2 Apr 2013 | 12:26 PM ET

    European shares closed higher on Tuesday, led by the telecoms sector, which was boosted by new reports that Vodafone, the world's second largest mobile operator, could be bought.

  • Cyprus Finance Minister Quits After Bailout Concludes Tuesday, 2 Apr 2013 | 11:26 AM ET
    Michael Sarris, Cyprus's finance minister, listens during a news conference following the Eurogroup meeting in Brussels, Belgium, on Monday, March 25, 2013.

    Cyprus's finance minister resigned on Tuesday after concluding a 10 billion euro bailout deal with international lenders in which the country slashed its dominant banking sector and hit depositors with losses.

  • Italy's Bersani Says Bid to Form Government Over Tuesday, 2 Apr 2013 | 11:17 AM ET
    Pier Luigi Bersani, leader of Italy's Democratic Party

    Italy's center-left leader Pier Luigi Bersani said on Tuesday his bid to form a government after last month's deadlocked election was over, after his failure to gather enough support.

  • Cyprus Crisis Isn't Over Yet: El-Erian Tuesday, 2 Apr 2013 | 6:58 AM ET

    Capital controls have restored a sense of calm in Cyprus. At best, this is a short reprieve if they are not followed by more fundamental decisions, according to Pimco's CEO.

  • Over 50% of Under 25s Still Jobless in Greece, Spain Tuesday, 2 Apr 2013 | 5:43 AM ET
    A job seeker searches for opportunities at an Illinois Employment and Training Center.

    The euro zone jobless rate was stable at 12.0 percent in February, the European Union statistics office Eurostat said on Tuesday, which could add pressure for an interest rate cut by the ECB.

Contact Europe: Economy

  • CNBC NEWSLETTERS

    Get the best of CNBC in your inbox

    Please choose a subscription

    Please enter a valid email address
    To learn more about how we use your information,
    please read our Privacy Policy.