Enter multiple symbols separated by commas

CNBC Franchise Archive Europe: Economy


  • Hungary Cuts Interest Rate To New Record Low Tuesday, 28 May 2013 | 8:58 AM ET
    Hungarian air racer Zoltan Veres flies under the oldest bridge in Budapest.

    Hungary's central bank lowered its key interest rate by another 25 basis points to 4.5 percent on Tuesday. It is the tenth consecutive 25 basis point cut.

  • S&P: France Must Deliver Promised Budget Cuts Tuesday, 28 May 2013 | 1:52 AM ET

    France needs to deliver promised budget cuts if it wants to avoid a further credit rating downgrade, Standard & Poor's lead analyst for France said.

  • Bankia Tumbles After New Shares Hit Market Tuesday, 28 May 2013 | 1:30 AM ET

    Shares in state-owned Spanish lender Bankia tumbled on Tuesday after billions of new shares flooded the market as part of a multi-billion euro cash injection.

  • SocGen's Russian Unit Fires CEO Golubkov Monday, 27 May 2013 | 8:31 AM ET

    French bank Societe Generale's Russian unit Rosbank has dismissed Chief Executive Vladimir Golubkov following his prosecution for bribery and will launch a search for a successor, it said on Monday.

  • Draghi: 'We Need More, Not Less Europe' Friday, 24 May 2013 | 1:35 AM ET
    Mario Draghi, President of the European Central Bank

    Mario Draghi, head of the European Central Bank (ECB) insisted that the euro zone was more stable than a year ago but that the region needed more integration - and the U.K should be a part of that.

  • Recessions Hurt, but 'Austerity Kills': Author Thursday, 23 May 2013 | 5:46 AM ET

    An international study on recessions and governments' responses to them has found that cuts to healthcare systems prompted by fiscal austerity are making matters far worse - for both governments and society.

  • Euro Zone Slump Eases but New Orders Dry Up Thursday, 23 May 2013 | 4:02 AM ET

    The downturn across euro zone businesses eased slightly this month, although a dearth of new orders means the bloc's economy is likely to contract again in the second quarter, business surveys showed on Thursday.

  • Grexit No Longer Likely, Says Man Who Coined Phrase Thursday, 23 May 2013 | 3:12 AM ET

    The economist who coined the term "Grexit" says the possibility of Greece exiting the euro zone has receded "markedly", reversing predictions he made in July when he saw a 90 percent chance of an exit within the next 12-18 months.

  • ECB Can Expand Its Tools to Fight Crisis: Official Thursday, 23 May 2013 | 2:26 AM ET
    Austrian architect Wolf Prix of CooP Himmelblau gestures during a media tour of the the new European Central Bank (ECB) headquarters on September 20, 2012 in Frankfurt, Germany.

    The ECB recently set up a task force with the European Investment Bank to assess ways to unblock lending to small- and medium-sized businesses, including promoting a market for ABS based on loans for smaller firms.

  • Cyprus 'Risks Worse Recession Than Expected' Wednesday, 22 May 2013 | 11:56 AM ET
    A shop displays a closing down sign in Nicosia, Cyprus.

    Cyprus faces substantial risks to its economic outlook and its recession could be deeper than forecast, the country's central bank governor said in a prepared speech on Wednesday.

  • Riots in Sweden: Nordic Welfare Myth? Wednesday, 22 May 2013 | 10:04 AM ET

    News that the Swedish capital of Stockholm has been hit by three nights of rioting similar to the public disorder seen in Paris and London in recent years has come as a surprise.

  • Millions of Italians Stuck in Poverty: Report Wednesday, 22 May 2013 | 9:10 AM ET

    Millions of Italians are too poor to heat their homes, eat adequately or go on holiday, Italy reported on Wednesday.

  • This Bonus Cap May Put Pressure on US Banks Wednesday, 22 May 2013 | 5:10 AM ET

    As EU regulators mull introducing the world's strictest bonus cap, the president of the European parliament told CNBC that the plan could put pressure on the U.S. to follow suit.

  • Tax Evasion Dangerous for Europe: Schulz Wednesday, 22 May 2013 | 4:27 AM ET

    Martin Schulz, president of the European parliament, has warned that revelations of tax evasion by major companies were leading to a loss of trust among the European public.

  • Shale Gas Could Be UK's 'New North Sea' Wednesday, 22 May 2013 | 2:20 AM ET
    Drill pipe at a shale gas exploration site in Singleton, U.K.

    Shale gas development in the U.K. could create 74,000 jobs and halve the country's future dependency on gas imports, according to a new report by the Institute of Directors.

  • Europe Needs Big Reforms: Bank of Canada's Carney Wednesday, 22 May 2013 | 1:46 AM ET
    Incoming Bank of England Governor Mark Carney

    Europe could face a decade of stagnation unless it makes big reforms and should heed the lessons of Japan, Bank of Canada Governor Mark Carney said on Tuesday as he highlighted Japan's bold moves to bolster growth.

  • Economists Put Cash on the Line With Twitter Bet Tuesday, 21 May 2013 | 11:34 AM ET

    Two economists have decided to put their money where their mouth is, betting on whether inflation will rise once the U.K. economy recovers.

  • Germany on Track for Solid Q2 Recovery: Bundesbank Tuesday, 21 May 2013 | 9:31 AM ET
    Germany’s Housing Market Is ‘Flying’ – But Is It a Bubble?

    Germany, the euro zone's largest economy, is on track for a recovery thanks to a pick-up in demand for its products from abroad, the Bundesbank said on Tuesday.

  • Low Corporation Tax 'Crucial Profit Driver' Tuesday, 21 May 2013 | 5:21 AM ET

    Falling corporation tax has been a key driver of profitability over the last two decades, increasing pressure on CEOs to reduce their company's tax bill, Markit's Will Duff-Gordon told CNBC on Tuesday.

  • Baby Blues in Europe as Birth Rate Declines Tuesday, 21 May 2013 | 1:55 AM ET

    The latest report from Europe's main statistics agency suggests that the European financial crisis has had an impact on birth rates across the continent since 2008.

Contact Europe: Economy


    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.