Legislation being drafted by the EU could force multinationals to reveal details of their tax arrangements, according to the Guardian.» Read More
Europe does not only suffer from unemployment but also underemployment with workers who are overqualified, interns who are unpaid and part-time employees who want full-time work, which could leave a permanent mark on a generation.
An "accommodative" monetary policy is still appropriate for the European Central Bank, ECB President Mario Draghi has said.
Outgoing Bank of England Governor Mervyn King said that markets have "jumped the gun" about when central banks are likely to start raising interest rates.
Samsung Electronics is in early talks with the EU antitrust regulator to settle charges that it abused its market position by barring Apple from using an essential mobile phone patent. The talks come after the European Commission told Samsung it was acting unfairly by seeking injunctions against Apple.
The euro zone has squandered precious time in making reforms during a time of central bank support for the economy, the president of the Center for Financial Studies, Otmar Issing, told CNBC on Tuesday.
Italian finance police on Tuesday conducted search and seizures of 41 soccer clubs, including 18 top league teams, on suspicion of tax evasion and money laundering in the buying and selling of players.
Ireland's opposition called for a full inquiry into the collapse of the country's financial system in 2008, after a newspaper published recordings of talks between Anglo Irish Bank executives about a bailout.
Greek Prime Minister Antonis Samaras reshuffled his cabinet on Monday, aiming to bolster his government days after the smallest party in the ruling coalition quit over the closure of state TV.
The former head of the European Central Bank told CNBC that central banks can only do so much to jump-start a global recovery.
European ministers are likely to reach a deal on banking reform on Wednesday, the EU's economic and monetary affairs commissioner Olli Rehn told CNBC.
French restaurants are increasingly serving diners frozen meals or ready-to-eat plastic sealed meals, attracted by its economic advantage. The Christian Science Monitor reports.
The emir of Qatar, Sheikh Hamad bin Khalifa al-Thani, 61, informed members of the ruling family on Monday of his decision to hand power to Crown Prince Sheikh Tamim, the Qatari-owned television channel Al Jazeera said.
Italian judges found former Prime Minister Silvio Berlusconi guilty of having sex with a minor and abuse of power, giving him seven years in jail and imposing a lifetime ban on holding office.
French police questioned flamboyant tycoon Bernard Tapie on Monday in a fraud investigation that threatens to damage ex-president Nicolas Sarkozy's hopes of a political comeback.
An influx of rich Europeans to London is causing the cost of living for the ultra-wealthy to surge, a private wealth management firm reported on Monday.
European Commissioner Michel Barnier struck back on Monday at a French minister calling his remarks "absurd" and saying France should stop blaming others for its own problems.
Chancellor Angela Merkel put her cards on the table on Monday, maintaining her tough stance on austerity for debt-ridden euro zone nations in an election manifesto that could be at the center of EU policy for the next five years.
Low-interest rates and extra liquidity from central banks now needs to end to ensure a return to growth, a new report by the Bank for International Settlements (BIS) said.
Outspoken French Industry Minister Arnaud Montebourg accused European Commission President Jose Manuel Barroso on Sunday of fueling far-right groups across Europe.
Vodafone has agreed to buy Germany's largest cable operator Kabel Deutschland for 7.7 billion euros ($10 billion), betting on TV and fixed-line services in its biggest deal since 2007.
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