What do Parisian pilots and London doctors have in common? They’re part of middle-class activism as austerity cuts Europe’s better-off more deeply.» Read More
Standard & Poor's announced Tuesday it is cutting the credit ratings of three major European banks: Credit Suisse, Barclays and Deutsche Bank.
The universal banking model is under attack by regulators. Some new rules could potentially force Deutsche Bank to separate its investment banking activities from the business of taking consumer deposits and writing loans, the NYT reports.
The former head of Coca-Cola is the latest high-profile investor to bet on Ireland's recovery, spending 10 million euros on a retail development in Dublin, the Financial Times reports.
Turmoil in Egypt and a political crisis in Portugal are giving investors new reasons to avoid risky assets.
After growing 0.3 percent in the first quarter, the U.K. economic recovery gained further strength in the second quarter, according to a survey of businesses released on Tuesday.
If you want to see why Germans continue to support Chancellor Angela Merkel and the euro, you should visit Baden-Württemberg state, CNBC's Bob Pisani reports from Germany.
With tensions rising in Egypt, Saudi Prince Alwaleed Bin Talal told CNBC on Tuesday that Mideast countries must find a way to foster peaceful evolution instead of violent revolution.
Portugal is facing a full-blown crisis after Paulo Portas, the foreign minister, became the second minister to resign from the center-right government in a 24-hour period.
European Union officials feel the U.S. had dealt Europe a "slap in the face", a member of the European Parliament said on Tuesday, following claims the U.S. bugged EU offices and hacked into its computer network.
President Francois Hollande may pay dearly for the spectacle of public figures grilled over scandals that highlight wealth swilling about the corridors of power while France at large suffers tax hikes and unemployment.
A Greek minister said he expected officials to "show solidarity" over the country's debt burden, as Greece attempts to convince lenders that it is on track to receive its next tranche of aid.
An improvement in macro-economic data for the euro zone's periphery has offered investors hope that the region is emerging from the crisis, but analysts warned that a political backlash could derail a return to growth.
Euro zone producer prices fell by slightly more than expected in May and for the third straight month reflecting the bloc's stagnant economy and giving the European Central Bank scope to keep rates at a record low.
Greece has three days to reassure its lenders it can deliver on conditions attached to its international bailout in order to receive the next tranche of aid, four euro zone officials said on Tuesday.
Expectation for the euro to head lower against the dollar could be turned on its head. Here's why.
France's competition watchdog has raided a number of Apple premises and those of some of its French retailers and distributors. The Financial Times reports.
President Mursi rebuffed an army ultimatum to force a resolution to Egypt's political crisis and would instead pursue his own plans for national reconciliation.
Putin said that Snowden, former national security staffer accused of espionage, would not receive political asylum in Russia unless he stopped publishing classified US documents.
Finance Minister Vitor Gaspar, the architect of Portugal's austerity drive under an EU/IMF bailout, resigned on Monday in a potential blow to its planned exit from the rescue program.
The price of buying a Patek Philippe, employing a housekeeper or getting a Botox treatment in London outpaced overall inflation in 2012.
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Standard Chartered is reportedly gearing up for some big job cuts. Chirantan Barua, senior research analyst for UK Banks at Sanford C. Bernstein, discusses.
While the IMF’s forecast remains unchanged on Europe, they are concerned about downside risks explains Poul Thomsen, director European department at IMF.
Klaus Regling, MD of the ESM, discusses which countries could benefit from more loose monetary and fiscal policy, to support global growth.