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The European Union

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  • Asset purchases continue to proceed smoothly: Draghi Thursday, 16 Jul 2015 | 7:30 AM ET
    Asset purchases continue to proceed smoothly: Draghi

    Mario Draghi, president of the ECB, discusses how the European economic recovery is progressing.

  • LONDON, July 15- Tougher capital rules imposed on banks in the European Union since the financial crisis will be reviewed to see if they unnecessarily crimp lending, the bloc's financial services chief said on Wednesday, as Europe makes growth its top priority. Jonathan Hill said the bloc's capital requirements law may be changed to make it easier for banks to...

  • IMF: Greece may need 30 years to recover Tuesday, 14 Jul 2015 | 8:42 PM ET
    Tourists visit the ancient Acropolis hill, with the ruins of the Parthenon temple in Athens.

    An IMF study has shown Greece needs far more debt relief than European governments have been willing to contemplate so far.

  • Greek bailout: What happens now? Tuesday, 14 Jul 2015 | 12:58 PM ET
    Alexis Tsipras, Greece's prime minister, center, reacts as he leaves following all-night bailout talks in Brussels, July 13, 2015.

    Expect serious political fallout following the third Greek bailout, says Warwick professor Haridimos Tsoukas.

  • 'Grexit' must be Greek decision: German FM Tuesday, 14 Jul 2015 | 11:30 AM ET
    'Grexit' must be Greek decision: German FM

    CNBC's Simon Hobbs reports on all the market moving events in Europe today, including UK homebuilders and the latest action out of Greece.

  • BRUSSELS, July 14- U.S. drugmaker Pfizer has offered concessions in a bid to win European Union regulatory approval for its $15 billion takeover of U.S. rival Hospira, the European Commission said on Tuesday. The EU competition authority did not provide details of Pfizer's proposal in line with its policy. It can either clear the deal if it considers Pfizer has...

  • Iran deal: What we know so far Tuesday, 14 Jul 2015 | 8:42 AM ET

    After weeks of intense negotiations, a deal between the P5+1 and Iran was struck. Here's what we know so far.

  • Concept of the euro is 'fractured': Dallara Monday, 13 Jul 2015 | 12:05 PM ET
    Pro-European Union protesters wave EU and Greek flags in front of the Greek parliament in Athens on July 9, 2015.

    "This weekend ... revealed the fundamental fault lines that lie underneath the euro zone," Charles Dallara, former Institute of International Finance CEO, told CNBC.

  • European close: Heat on Tsipras Monday, 13 Jul 2015 | 11:24 AM ET
    European close: Heat on Tsipras

    CNBC's Simon Hobbs reports on all the market moving events in Europe today, including the latest from Greece and the euro zone.

  • Sustainability of Greek deal depends on debt: CEO Monday, 13 Jul 2015 | 11:00 AM ET
    Sustainability of Greek deal depends on debt: CEO

    Nick Hungerford, director and chief executive officer of Nutmeg, discusses Greece as euro zone leaders agree to work on a third bailout deal for the country.

  • Greek crisis: 'Agreekement' confirmed Monday, 13 Jul 2015 | 5:13 AM ET
    Greek Prime Minister Alexis Tsipras speaks with German Chancellor Angela Merkel (L) and French President Francois Hollande at a euro zone leaders summit in Brussels, Belgium, July 12, 2015.

    Twitter broke the news. After a record 17 hour-long emergency euro summit, a deal between Greece and the Eurogroup has been struck.

  • *Japan stocks lead Asia higher, Shanghai stocks extend rally. *China exports and imports beat forecasts in June. *Oil prices down a dollar as Iran agreement draws nearer.

  • *Japan stocks lead Asia higher, U.S. SYDNEY, July 13- The euro steadied on Monday after an early dip while top-rated bonds stayed in demand as the Greek debt crisis seemed set to rumble on for yet another week, though the market mood was helped by improving trade numbers from China. Japan's Nikkei managed to bounce 1.1 percent, while MSCI's index of Asia-Pacific...

  • French deny EU report of possible loan for Greece Sunday, 12 Jul 2015 | 7:11 PM ET

    BRUSSELS, July 13- Two official French sources denied a report by a senior European Union official on Monday that France could give Greece a bilateral loan to help it over an immediate funding crunch pending agreement on a third bailout for Athens. The EU official said a bilateral loan from Paris was one option under discussion to help raise some 7 billion euros...

  • ATHENS, July 11- Greek Prime Minister Alexis Tsipras won backing from lawmakers on Saturday for painful reform proposals aimed at obtaining a new international bailout, but he faced a rebellion in his own party that could threaten his majority in parliament. The measures, which received an initial nod from European Union and International Monetary Fund...

  • ATHENS, July 11- Prime Minister Alexis Tsipras appealed to parliament to back a tough reform package to try to save Greece from financial collapse, with European Union and IMF officials offering a positive early assessment of the measures. Euro zone partners appeared to be preparing for a deal to keep Greece in the euro zone. One euro zone source, who is familiar...

  • The real problem in China Friday, 10 Jul 2015 | 3:42 PM ET
    Chinese worker making blankets for exports at a factory in Yiwu, Zhejiang, China.

    While the world is focused on slowing growth in the Chinese economy, AAM president Scott Paul says THIS is the real problem.

  • Protestors hit streets as tensions rise in Greece Friday, 10 Jul 2015 | 1:40 PM ET
    Protestors hit streets as tensions rise in Greece

    CNBC's Michelle Caruso-Cabrera reports on tensions in Greece as the people wait for a verdict from creditors on the new reform proposals from Greece.

  • Euro markets rise on Greek optimism Friday, 10 Jul 2015 | 1:04 PM ET
    Euro markets rise on Greek optimism

    CNBC's Michelle Caruso-Cabrera and Steve Liesman report on Greek action.

  • Greece: What a week! Friday, 10 Jul 2015 | 11:40 AM ET
    Greece: What a week!

    The drama in Greece continued for another week following the referendum's No vote victory. We recap the tumultuous events of the past 5 days.