Olivier d'Assier, Managing Director, Europe and Asia at Axioma says risks in the euro zone remain and problems within Italy will probably stay for another 3 to 4 months.
World markets turned volatile on Monday, with fears of a hung parliament in Italy rippling across the globe, as the outcome of its general election remained highly uncertain.
CNBC's Ross Westgate reports global markets are keeping an eye on Italian election results, as Moody's downgrades UK's credit rating from AAA to AA1.
Forty-five people have been arrested in Spain during disturbances following a demonstration on Saturday by tens of thousands of people against spending cuts and allegations of government corruption.
At the root of Moody's decision to downgrade Britain's credit rating is a crucial economic reality: Britain has begun to trail its peers in Europe - even bailed-out euro zone economies - when it comes to bringing down its budget deficit and making it attractive for foreigners to buy its exports. The New York Times reports.
Moody's downgrade is a blow to the Chancellor of the Exchequer George Osborne, who has stuck to his plan to reduce government spending in the face of slowing economic growth.
CNBC's Simon Hobbs reports on all the market moving events in Europe today, including news that the euro zone economy is expected to shrink again in 2013.
Italians are set to head to the polls this weekend. If the election is inconclusive, important economic reforms may stall, reports CNBC's Michelle Caruso-Cabrera.
Banks around Europe will repay less than half the expected amount of the crisis loans they took from the European Central Bank a year ago, suggesting much of the euro zone financial system is still hooked on cheap ECB funds.
Insight on the solid turnaround from yesterday's selloff and whether another pullback could be near, with Mark Luschini, Janney Montgomery Scott, and Rod Smyth, Riverfront Investment Group.
The euro zone will not return to growth until 2014, the European Commission said on Friday, reversing its prediction for an end to recession this year.
France is a "problem child" in the euro zone and needs to implement more austerity measures and labor market reforms to regain competitiveness, a senior ally of German Chancellor Angela Merkel said on Friday.
CNBC's Kelly Evans reports on all the market moving events from Europe, including weak PMI figures out of Europe.
German business morale surged at its fastest pace in over two years in February, pushing higher for a fourth consecutive month and pointing to a solid recovery in Europe's largest economy after a dismal end to 2012.
The European Commission suspects the existence of cartels involved in manipulating Libor and Euribor, the EU's antitrust chief said in a speech on Friday.
Peter Griffin, Head of Global Risk Assessment and Sovereign Fixed Income at Global Interest Rates says indecisiveness in the Italian elections could result in spreads blowing out.
The European Central Bank made 555 million euros ($732 million) last year from Greek sovereign bonds acquired under its first bond-buy plan.
CNBC's Simon Hobbs reports weak economic data and Fed worries causes stocks to tumble in Europe. All of the major indexes closed sharply lower.
For more than a century unskilled Italians have gone abroad to escape poverty, but these days the people running for the exits are among the country's top brains.
CNBC's Kelly Evans reports concerns on the future of quantitative easing from the Federal Reserve, and weak economic data sent European sharply lower on Thursday.