CNBC Franchise Archive Europe: Economy


  • 'Life is harder' for UK workers as wages slide Monday, 12 Aug 2013 | 7:36 AM ET
    Clouds over the City of London

    Despite a spate of upbeat economic data for the U.K. over recent weeks, wages in the country have seen one of the steepest falls in Europe.

  • UK economy in good shape, more positive news Sunday, 11 Aug 2013 | 7:01 PM ET

    Hot on the heels of a week of upbeat data for the U.K. economy, a new report shows business conditions in the country rose for the sixth consecutive month in July to a high not seen since May 2011.

  • Europe's slowdown forces Finland to turn to Russia Sunday, 11 Aug 2013 | 5:56 AM ET

    After decades of pursuing trade with western Europe, Finland is becoming dependent on Russia again as that country's burgeoning middle class and wealthy investors provide opportunities for growth lacking in recession-hit Europe.

  • Carlos Slim

    Bidding for a struggling Dutch telecoms group may seem an odd move for a Mexican billionaire, but Carlos Slim could be placing a long-term bet on an improvement in the European economic climate and in Germany in particular.

  • Is President Obama right about Greece? Friday, 9 Aug 2013 | 4:27 AM ET

    U.S. President Barack Obama comforted the embattled Greek population by hinting that the austerity drive may be tempered with other ways of restoring the economy to health.

  • France is biggest concern in Europe: Fed’s Fisher Friday, 9 Aug 2013 | 3:14 AM ET
    Richard Fisher, former president and CEO of the Federal Reserve Bank of Dallas.

    Richard Fisher, the president of the Dallas Federal Reserve, is most worried over the euro zone's second-largest economy, rather than its periphery.

  • Hello green shoots: Italy’s recession close to end Wednesday, 7 Aug 2013 | 3:39 AM ET

    Italy’s longest post-war recession appears to be drawing to a close, with economists predicting that its GDP will finally return to growth in the last quarter of 2013.

  • UK job vacancies surge as competition hots up Wednesday, 7 Aug 2013 | 12:01 AM ET

    U.K. job placements surged in July, according to a new report by KPMG, a day after the Bank of England said it would keep interest rates at record lows until unemployment falls.

  • Italian economy shrinks for 8th consecutive quarter Tuesday, 6 Aug 2013 | 5:23 AM ET

    The Italian economy contracted for the eighth consecutive quarter in the second quarter of 2013 but shrank less than analysts expected, offering hope that the country is slowly emerging from recession.

  • Turning point or false hope: what next for Europe? Monday, 5 Aug 2013 | 7:17 AM ET
    Workers assemble Aventador automobiles on the production line at the Lamborghini factory near Bologna, Italy.

    The news that euro zone business expanded for the first time in 18 months in July has led analysts to question whether Europe's economy is finally on the up.

  • Luxury residential properties are seen on Eaton Place, Belgravia, in London, U.K.

    U.K. house prices surged to a five-year high in July, according to the U.K.'s biggest building society, but the author of the new report told CNBC that talk of a housing bubble are overplayed and price moves are only "modest".

  • Mediaset exec: Berlusconi didn't help run company Thursday, 1 Aug 2013 | 3:39 PM ET

    A top executive for the media company at the center of Silvio Berlusconi's tax fraud conviction said the billionaire politician did not play any role in running the company he founded.

  • Euro zone manufacturing activity grew for the first time in two years in July, figures released on Thursday showed.

  • Watch: What to expect from the ECB's Mario Draghi Thursday, 1 Aug 2013 | 5:56 AM ET
    Mario Draghi, President of the European Central Bank
  • ECB’s Draghi wants meeting minutes published Wednesday, 31 Jul 2013 | 9:19 AM ET
    Mario Draghi

    Mario Draghi is in favor of publishing the minutes of the bank's monetary policy meetings, which have until now never been released.

  • Record high euro zone unemployment despite green shoots Wednesday, 31 Jul 2013 | 4:39 AM ET

    Unemployment in the euro zone remained unchanged from the previous month in June, at 12.1 percent, according to the latest data from Eurostat.

  • Schneider nearing $5 billion Invensys deal: reports Tuesday, 30 Jul 2013 | 11:28 AM ET
    Jean-Pascal Tricoire, CEO of Schneider Electric

    France's Schneider Electric is nearing a 3.3 billion pounds ($5.07 billion) deal to acquire British engineer Invensys and could announce the agreement at its results on Wednesday, three people with direct knowledge of the matter said.

  • Brighter euro zone data offers scope for ECB rate cut Tuesday, 30 Jul 2013 | 6:02 AM ET

    An improvement in economic sentiment in the euro zone area adds to evidence that the crisis in the region is easing, analysts said on Tuesday, but the recovery remains weak.

  • Spain economy contracts again, could reverse trend Tuesday, 30 Jul 2013 | 2:40 AM ET

    Despite contracting for the eight consecutive quarter in the second quarter of 2013, Spain's economy was signaling that it could return to growth soon, analysts said.

  • Siemens CEO to leave following profit warning Sunday, 28 Jul 2013 | 7:32 AM ET
    Siemens, Germany

    Siemens Chief Executive Peter Loescher is to leave the company, four years before the end of his contract, after the German engineering group this week issued its second profit warning this year.

Contact Europe: Economy


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