CNBC's Michelle Caruso Cabrera spoke with Cyprus' financial minister and offers insight.
Russia could avenge the loss of billions of dollars in Cyprus by cutting Germany's energy supply, one analyst said.
French Budget Minister Jerome Cahuzac has resigned after being implicated in a tax fraud investigation.
CNBC's Simon Hobbs reports on all the market moving events in Europe today, including the debate has begun for Cyprus' parliament on its bailout, and the country's finance minister has offered to resign.
French prosecutors opened a formal tax fraud investigation on Tuesday into allegations that Budget Minister Jerome Cahuzac held a secret bank account in Switzerland.
Alan Capper, head of credit strategy at Lloyds Banking Group and Matthew Lynn, founder of Strategy Economics discuss on CNBC what the repercussions from the messy Cypriot bailout will be for the rest of Europe.
Britain said on Tuesday it had sent one million euros ($1.30 million) in cash to Cyprus aboard a military plane for its troops on the island in case cash machines and debit cards stop working.
Ryanair announced a $15.6 billion order for 175 passenger jets from Boeing on Tuesday in a deal that will allow the Irish airline to consolidate its position as Europe's dominant low-cost carrier.
Arianna Huffington, The Huffington Post editor-in-chief, discusses the importance of corporate wellness and how relaxation techniques can help workers reduce stress.
"It is a terrible decision," Huffington says, weighing in on the Cyprus plan to levy bank depositors.
CNBC's Kelly Evans reports on the top market stories from Europe, as investors await the outcome of a critical vote in Cyprus to tax bank deposits.
Monetary policy could be set to change in the U.K. when George Osborne unveils his latest budget, but any alterations to the Bank of England's remit could sink the sterling even further, analysts told CNBC.
Warren East is stepping down after nearly 12 years, making way for another ARM insider as the British electronic chip designer looks to expand globally.
Ralph Silva, Research Director at SRN Research says the Cyprus deposit levy was unexpected and now there are too many unknowns.
Richard Martin, Managing Director at IMA Asia says the Cyprus controversy does not have an immediate impact on the real economy.
Mujtaba Rahman, Senior European Analyst at Eurasia, talks about the root of the Cyprus' crisis and its potential impact on its ties with Moscow.
While Jim Cramer thinks the Cyprus bailout plan is "stupid," he argues the bears overplayed how it might drag down the market.
Most of the banks are lower today. So will Cyprus end the rally in the financials? Paul Miller, FBR Capital Markets, weighs in.
The tiny island of Cyprus is rattling global investors over a plan to tax bank depositors as part of a bailout package, with CNBC's Michelle Caruso-Cabrera.
Mike Reed, partner and senior portfolio manager at Bluebay Global Convertible Bond Fund, tells CNBC that the fact depositors have been hit first and hardest in Cyprus should encourage investors to get out of deposits.