Successive Slovenian governments have refused to privatize the country's banks, which made disastrous loans to politically connected business interests and now threaten to drag the country center stage in the euro zone debt crisis.
Buoyed by new opinion polls showing a lead for his center-right coalition, Berlusconi said on Friday Italy must return to the polls quickly unless the center left agrees to govern with him.
Italy's fiscal deficit narrowed in the final quarter of 2012 to 1.4 percent of gross domestic product, compared with 2.6 percent in the same period of 2011.
Spain's banking bailout last year is now a distant memory. But according to one strategist, Spain's fragile economy now faces the possibility of tipping over into a renewed credit crunch.
CNBC's Kelly Evans reports on all the market moving events from Europe.
France urged Germany on Thursday to grant it more time to hit its public deficit-cutting target, but denied it was turning into the new "sick man of Europe" even as data pointed to a deepening French downturn.
Niall Ferguson, Professor at Harvard University says a regime change in policy has happened in Japan. He says the BoJ and other central banks' measures are actually backward looking, applying 1930s Keynesianism.
The war of words is escalating into action since North Korea moved a missile to its east coast. Gen. Barry McCaffrey, U.S. Army (retired), weighs in.
European Central Bank President Mario Draghi said the central bank would keep monetary policy accommodative "for as long as needed".
European shares closed sharply lower on Thursday after comments made by the Mario Draghi, president of the European Central Bank (ECB), curbed investor sentiment.
Mario Draghi, president of the ECB, explains the constraints the body is working under and why its power is limited.
Atlanta Fed President Dennis Lockhart, talks with CNBC's Steve Liesman about continuing the Fed's asset purchase policy; the outlook on employment; and the cost of quantitative easing. "Clearly inflation has to be front and center as a concern," Lockhart added.
CNBC's Kelly Evans reports European shares were mixed ahead of policy decisions by the European Central Bank and the Bank of England.
Has Cyprus extended capital controls by another week? That's the mystery facing the market on Thursday.
European shares closed lower on Wednesday, shadowing losses on U.S. bourses after disappointing American data.
Cyprus's troubles offer Mario Draghi an "excellent justification" to cut interest rates at Thursday's European Central Bank meeting, according to a research note by Dutch bank ING.
Online currency bitcoin has surged in value since the Cyprus bailout saga sparked global interest in alternatives.
Spanish protesters seeking to stop a wave of evictions have resorted to embarrassing politicians at their homes over harsh mortgage laws that have multiplied the pain of a property crash in the recession-hit country.
French President Francois Hollande announced new measures to prevent corruption in public office after a former budget minister was investigated for tax evasion.
Australia will force corporate giants to disclose their tax arrangements to curb alleged tax avoidance by multinational corporations.