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Economic Regions The European Union


  • European markets bounce despite weak China data Wednesday, 23 Sep 2015 | 11:27 AM ET
    European markets bounce despite weak China data

    CNBC's Simon Hobbs reports on all the market moving events in Europe today, including the resignation of Volkswagen's CEO.

  • EU ministers agree to relocate 120,000 migrants Wednesday, 23 Sep 2015 | 11:20 AM ET
    EU ministers agree to relocate 120,000 migrants

    Hadley Gamble, CNBC correspondent, reports from Brussels on the decision by ministers to share the burden of migrants and asylum seekers among EU member states.

  • BAD STAFFELSTEIN, Germany, Sept 23- Hungarian leader Viktor Orban said on Wednesday he would propose that European Union states pay more into the EU budget to help cope with the refugee crisis and that Greece should allow other countries to defend its borders to slow the influx. Such a step would raise 3 billion euros, said Orban, who was attending a meeting of...

  • BRUSSELS, Sept 23- European politicians on Wednesday voted to speed up rules to tighten compliance with pollution limits on cars, adding to pressure for reform after U.S. regulators caught Volkswagen AG rigging the performance of vehicles in tests. The European Union executive, working for years to close loopholes in testing procedures for new vehicles, has...

  • Europe suffers broad-based selloff as autos tremble on VW

    CNBC's Simon Hobbs reports on the broad-based market retreat in Europe Tuesday, including a record low for mining giant Glencore.

  • PARIS, Sept 22- A European Union-level inquiry is needed into the emissions-cheating scandal at German carmaker Volkswagen AG and the probe should be extended to French carmakers too, French Finance Minister Michel Sapin said on Tuesday. The U.S. Environmental Protection Agency said on Friday that Volkswagen, the world's biggest carmaker by sales, used...

  • European markets close: VW's scandal Monday, 21 Sep 2015 | 11:28 AM ET
    European markets close: VW's scandal

    CNBC's Simon Hobbs reports on all the market moving events in Europe today, including the emissions data probe at Volkswagen.

  • Counting the cost of Europe’s migrant crisis Friday, 18 Sep 2015 | 8:49 AM ET
    Migrants storm into a train at the Keleti station in Budapest, Hungary, September 3, 2015, after Hungarian police withdrew from the gates.

    As Turkey reports spending $7.6 billion to host 2.2 million refugees, economists and investors debate the likely costs — and benefits — to Europe from the mass influx of people.

  • Migrants stranded as EU border crackdown continues Friday, 18 Sep 2015 | 5:47 AM ET
    Migrants walk on a dirt road as they approach the Croatian border near the town of Sid, Serbia, September 18, 2015.

    More than 17,000 migrants have entered Croatia since Wednesday, and were essentially trapped there. The NY Times reports.

  • *European Union leaders call emergency summit on refugee crisis. BRUSSELS, Sept 18- As hundreds of thousands of people risk lives to cross Europe's frontiers seeking a haven of peace, Europeans themselves have turned on each other with a venom that has stirred memories of their own long conflicts. The atmosphere in Brussels was "fetid", he said, when leaders agreed...

  • BRUSSELS, Sept 18- The European Union could lose up to 3.5 million jobs if it removes its trade defences against China as Beijing expects it to do by the end of 2016, according to a study for a group of 25 European manufacturing federations published on Friday. China is capable of exporting much more given its excess capacity, "co-author Robert Scott, director of the...

  • The Fed was more hawkish than expected Thursday, 17 Sep 2015 | 2:27 PM ET

    The Fed's initial statement was pretty dovish but as Yellen spoke, it seemed clear the Fed was more worried about inflation than the economy.

  • Europe at the close: UK pay increase fastest in 6 years Thursday, 17 Sep 2015 | 11:28 AM ET
    Europe at the close: UK pay increase fastest in 6 years

    CNBC's Simon Hobbs reports on all the market moving events in Europe today, including the ECB talking the possibility of extending or intensifying QE, and the weekend election in Greece.

  • *EU responds to Ukraine talks, prisoner release. *Thaw could reduce his economic reliance on Russia. BRUSSELS, Sept 17- The European Union is likely to lift some sanctions on Belarus, including its travel ban on President Alexander Lukashenko, after he freed a group of political prisoners last month, diplomatic sources say.

  • BRUSSELS, Sept 16- The European Union's trade chief outlined a plan on Wednesday for a new European court system to settle trade disputes, aiming to unblock negotiations with the United States and achieve the world's biggest free-trade agreement. In the EU-U.S. agreement, judges would be appointed by the European Union and the United States and could not act as...

  • Latvia says plans to split gas monopoly in 2017 Tuesday, 15 Sep 2015 | 1:08 PM ET

    RIGA, Sept 15- Latvia's government finalized on Tuesday a plan to split its natural gas monopoly Latvijas Gaze to boost competition, in line with European Union rules, and said it would be completed in 2017.. She spoke after the cabinet approved amendments to Latvia's Energy Law requiring the gas monopoly to set up a separate independent company to operate the...

  • Power grab in Greece: Can Tsipras win the vote? Tuesday, 15 Sep 2015 | 11:57 AM ET
    Former Greece's prime minister and leftist Syriza party leader Alexis Tsipras (L) and New Democracy party leader Vangelis Meimarakis stand at their podiums before a televised debate in Athens, September 14, 2015.

    With Sunday's Greek election looming, the top two candidates—Tsipras and conservative rival Meimarakis—face off at a debate.

  • European markets close: Oil higher Tuesday, 15 Sep 2015 | 11:30 AM ET
    European markets close: Oil higher

    CNBC's Simon Hobbs reports on all the market moving events in Europe today, including European stocks adding gains as Wall Street rallies, and oil stocks moving higher on news the House will vote on the ban of oil exports.

  • *Germany expects 800,000 refugees this year. BERLIN, Sept 15- Germany urged the European Union to consider imposing financial penalties on states that refuse to take in their share of asylum seekers, as the influx of refugees showed no sign of abating on Tuesday despite new border controls. Facing opposition from ex-Communist states, EU ministers failed on...

  • BERLIN, Sept 15- The European Union must consider putting financial pressure on member states that are reluctant to take in their share of asylum seekers as the bloc faces its worst refugee crisis in decades, Germany's interior minister said on Tuesday. After opening its doors to refugees from Syria's civil war, Germany at the weekend temporarily reimposed...