CNBC Franchise Archive Europe: Economy

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  • French Jobless Rate Hits 14-Year High Thursday, 6 Jun 2013 | 6:54 AM ET
    Outside a French state employment agency, Pole Emploi

    France's unemployment rate rose to 10.8 percent in the first quarter of 2013, casting fresh doubt on President Francois Hollande's goal of reversing the rising jobless trend by year-end.

  • Poland, Austria Exchange Tie-Up Nearing Solution Thursday, 6 Jun 2013 | 2:12 AM ET

    Despite cooling of talks between Austria and Poland about a possible merger of their two stock exchanges, CEO of the Warsaw index has given his strongest hint yet that a deal is drawing closer.

  • Why Latvia Wants to Join the Euro Zone Wednesday, 5 Jun 2013 | 6:31 AM ET
    Riga, Latvia

    Latvia is due to get the green light to become the 18th member of the euro zone on Wednesday, prompting questions over why the small, economically successful Baltic nation wants to join the troubled currency union.

  • Europe Woes Ease But Euro Zone Growth 'Some Way Off' Wednesday, 5 Jun 2013 | 4:29 AM ET

    Europe's economic woes eased slightly last month, but a chronic shortage of new orders means an economic recovery in the euro zone still looks some way off.

  • Europe Faces Mass 'Employee Exodus': Report Tuesday, 4 Jun 2013 | 10:43 AM ET

    European firms face a "mass employee exodus" over the next three years as the economy in the euro zone recovers and workers search for better opportunities, new research has found.

  • Europe's Black Market Economy Is Booming Tuesday, 4 Jun 2013 | 5:37 AM ET

    Punitive tax regimes, increased labor market regulation and a growing lack of trust in governments are causing many Europeans to enter into the murky, illicit world of shadow economies.

  • The European Central Bank is backing away from any "big bazooka" style intervention to revive lending within the euro zone, delivering a blow to some market hopes. The Financial Times reports.

  • Global Manufacturing Shrinks, Stoking Fears Monday, 3 Jun 2013 | 12:20 PM ET

    Global manufacturers struggled in May as demand fell, suggesting a world economy that still needs a steady diet of support.

  • France's Generous Family Benefits Are Being Cut Monday, 3 Jun 2013 | 8:04 AM ET
    French tax form

    President Francois Hollande's government aims to save up to 2 billion euros annually from 2016 under a proposed reform of France's generous system of family benefits.

  • Three Bullets for Draghi as ECB Prepares to Meet Monday, 3 Jun 2013 | 8:03 AM ET
    Mario Draghi

    Another crucial meeting for the ECB is due Thursday with analysts across Europe looking ahead to three different policy changes that Mario Draghi could announce.

  • Europe in 'Very Gradual' Recovery, Draghi Says Sunday, 2 Jun 2013 | 9:45 PM ET
    Mario Draghi, President of the European Central Bank

    The euro zone economy is on track for a recovery later this year driven by the European Central Bank's loose monetary policy, the bank's President Mario Draghi said.

  • Out With the 'Grexit,' and in With the 'Greecovery' Friday, 31 May 2013 | 7:28 AM ET

    Greece's economy is showing the first signs of a recovery, reducing the odds of it exiting the euro zone, according to a new report from analysts at Berenberg Bank.

  • Italy Youth Unemployment Hits Record 40.5% Friday, 31 May 2013 | 6:31 AM ET
    youth unemployment-1396945735_v2.jpg

    Italy's overall jobless rate and youth unemployment edged up in April to the highest levels on record, data showed on Friday.

  • Business Group Warns on Sterling Debasement Friday, 31 May 2013 | 2:45 AM ET

    As the Bank of England prepares for the tenure of new governor Mark Carney, one industry lobbyist has warned that another debasement for sterling will lead to dangerous inflation.

  • God’s New Banker Tries to Clean Up Vatican Friday, 31 May 2013 | 1:24 AM ET
    The Vatican

    The new head of the Vatican bank will need plenty of prayer and strength to rescue its scandal-torn reputation.

  • UK Growth Will Beat Expectations: Industry Body Thursday, 30 May 2013 | 7:00 PM ET

    The U.K. could post better-than-expected GDP numbers over the next three years, thanks to a strong service sector, the British Chambers of Commerce said Friday.

  • Goldman: Carry On Buying Thursday, 30 May 2013 | 5:55 AM ET

    Global stocks may have been on a wild ride of late but the world's biggest investment bank has told investors they should continue to buy equities.

  • Hollande Reform Defiance Sparks German Anger Thursday, 30 May 2013 | 3:44 AM ET
    French President Francois Hollande (L) speaks with German Chancellor Angela Merkel (R)

    President Francois Hollande's insistence that the EU executive can't "dictate" reforms to France has outraged Angela Merkel's conservatives, hours before the German leader was due in Paris for talks.

  • German Companies Sip From Spain's Jobless Pool Thursday, 30 May 2013 | 3:28 AM ET

    German companies including BMW and BASF are recruiting small numbers of unemployed young Spaniards against a backdrop of chronic youth unemployment in southern Europe and a growing shortage of skilled labour in Germany.

  • Competitiveness Comeback for US, Europe Stalls Thursday, 30 May 2013 | 1:15 AM ET

    As calls grow for Europe to ease up on its austerity drive, a report on global competitiveness argued that cost-cutting on the continent has halted growth and antagonized the population, creating non-competitive economies.

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