Economic Regions The European Union


  • LONDON, July 29- Monte dei Paschi, Raiffeisen, Banco Popular and two of Ireland's main banks came out worst in a European Union stress test aimed at cleaning up balance sheets to boost the flow of credit to the bloc's economy. The European Banking Authority which coordinated the test of 51 lenders from across the bloc said the results showed there was still more...

  • The IMF missed signs of a banking calamity, lacked independence and failed to hold countries to account, the organization's internal watchdog has said.

  • U.K. consumer confidence fall worst in 26 years

    CNBC's Simon Hobbs reports on all the market moving events in Europe today, including GDP growth and Gucci.

  • Stephen Hawking says Brexit vote could threaten humanity

    World-renowned physicist Stephen Hawking says forces behind the Brexit decision pose a risk to the human race.

  • *They say Russia targets softer southern/eastern EU states. MOSCOW, July 29- Vladimir Putin will step up Russia's campaign to end European Union sanctions with a visit to Slovenia on Saturday, encouraged by signs his tactic of lobbying what he views as more pliant southern and eastern European states is starting to pay off. Combined with American and Group of...

  • LJUBLJANA, Slovenia— Russian President Vladimir Putin is visiting European Union and NATO- member Slovenia this weekend, signaling a bid to maintain ties amid simmering tensions between the Kremlin and the two Western-led blocs. Still, Slovenia has been careful to portray Putin's visit on Saturday as strictly informal— officially Putin is coming to attend a...

  • BRUSSELS, July 29- Economic growth in the euro zone slowed in the second quarter as uncertainty before the British vote to leave the European Union swirled, data showed on Friday, and economists said it could be a sign of future weaker growth. "The third quarter started on a good footing, but it is probably too soon to start downplaying the potential negative impact...

  • European stress test closely watches Italian banks

    European bank stress tests are out on Friday but there is no specific pass or fall. CNBC's Wilfred Frost explains.

  • Europe's banks facing testing times: Barclays CEO

    Barclays CEO, Jes Staley, says European Banks need to get in a better position of profitability, when discussing the future of the sector post-Brexit.

  • Need to build more affordable homes: London Mayor

    Labour Mayor of London, Sadiq Khan, talks about the housing crisis in the U.K., following the Brexit vote.

  • Labour Mayor of London, Sadiq Khan says that, after the Brexit result, there was a perception that somehow London would stop being open-minded or outward-looking.

  • Mayor of London Sadiq Khan talks about his discussions with cabinet ministers on London’s role in the Brexit negotiations.

  • Police had been hunting the second teenager who killed a priest in a church in France after a foreign intelligence tip-off.

  • Pedestrians pass by a Banca Monte dei Paschi di Siena SpA bank branch in Milan, Italy, on Tuesday, April 12, 2016.

    A former Italian industry minister has teamed up with UBS to present a last-ditch rescue proposal to Monte dei Paschi di Siena, the FT reports.

  • European Banks

    Italian lenders will be the ones in focus, according to Invesco's Stephanie Butcher.

  • BRATISLAVA/ WARSAW, July 28- Britain wants a bespoke model for its future ties with the European Union, Prime Minister Theresa May said on Thursday, during a tour of Eastern European allies aimed at securing support in negotiations on leaving the bloc. In the five weeks since Britons voted to quit the EU, politicians have tried to solve the riddle of how to restrict...

  • BERLIN— German Chancellor Angela Merkel has defended a planned trade deal between the U.S. and the European Union as "absolutely in Europe's interest." Rejecting an industry group's criticism that politicians aren't doing enough to support it, Merkel said Thursday that the Trans-Atlantic Trade and Investment Partnership, or TTIP, is "absolutely right and...

  • *Madrid, Lisbon still possible face EU aid suspension. BRUSSELS, July 28- The European Commission's decision to spare Spain and Portugal fines over their excessive budget deficits signals a tentative effort to promote more expansionary economic policy in response to Britain's destabilizing vote to leave the European Union. Fiscal hawks in northern Europe...

  • Euro zone confidence rises after Brexit

    CNBC's Simon Hobbs reports on all the market moving events in Europe today, including Royal Dutch Shell, Brexit, Telefonica and Rolls-Royce

  • UK to hold off on triggering Article 50

    Prime Minister Theresa May says the United Kingdom will not trigger Article 50 before the end of the year.