Europe needs new legislation to help failed banks unwind as quickly as possible, according to Bank of Finland Governor Erkki Liikanen who is leading the EU advisory group on banking reform.
CNBC's Kelly Evans reports on all the market moving events from Europe, as European leaders meet for a second day to discuss a euro zone-wide banking union.
Throw that crystal ball out – if you want to be a good investor you’ve got to think like a futurist just like Warren Buffett does, Michael Lee, author of book entitled “Knowing Our Future: The Startling Case for Futurology”, told CNBC.
French President Francois Hollande seems to think that the euro zone is “on track” to solving its crisis during yet another summit – but market observers are taking this with a pinch of salt.
Slim Feriani, CEO, Advance Emerging Capital expresses optimism for the future of the U.S. economy. He adds that the U.S. fiscal cliff may have already been priced into the markets.
Coffee giant Starbucks should stop aggressively promoting its sense of corporate responsibility if it plans to continue using tax strategies that help the company avoid paying high taxes in the U.K., a European lawmaker told CNBC Thursday.
CNBC's Simon Hobbs, Rick Santelli & Gary Kaminsky offer insight on the market close in Europe.
Despite the recent rally in European equity markets following the European Central Bank (ECB)’s commitment to help struggling euro zone countries further, there is still plenty of caution about getting back into European stocks.
Spain’s richest region, Catalonia has threatened to break away from Spain, but it is unlikely the move will succeed because the Spanish government is prepared to use “any legal instrument” to stop the region from holding a crucial referendum, according to UBS economist Matteo Cominetta.
A Greek departure from the euro currency, followed by other southern European countries, would cut 17 trillion euros ($22 trillion) from global economic growth, causing a worldwide recession hitting the U.S. and China, a study by a German think tank has found.
Chinese data gives a lift and Germany's Merkel dampens hopes — it's time for your FX Fix.
CNBC's Ross Westgate reports on what's moving global markets, ahead of a two-day EU summit set to take place in Brussels.
As EU leaders prepare to meet in Brussels on Thursday, Greece’s workers aim to make their voices heard by holding a 24-hour strike bringing the country to a halt. But with the economy in the fifth year of a recession, the lost production could cost the economy 100 million euros, according to one expert and prove counterproductive.
CNBC's Kelly Evans reports on all the market moving events from Europe, including a preview of the likely agenda at an EU summit set to take place in Brussels.
A plan to create a single euro zone banking supervisor is illegal, according to a secret legal opinion for EU finance ministers that deals a further blow to a reform deemed vital to solving the bloc’s debt crisis, the Financial Times reports
David Owen, Chief European Economist, Jefferies International discusses whether the euro zone will further integrate into a fiscal union.
The challenge for corporates in the post-crash environment is to remain competitive. That calls for stronger engagement with customers, and sticking to one’s areas of genuine expertise, not necessarily becoming bigger, argues Moorad Choudhry.
CNBC's Kelly Evans reports on all the market moving events from Europe, including a look at the Spanish IBEX, the main gainer in Wednesday morning trading.
The fall has heralded a period of relative calm in the euro zone, which has been the focus of market worries for much of the past two years.
Norway, which chose to remain outside the EU and the euro currency, enjoys an enviably stable economy and a booming housing market — but it could be going down the perilous route taken by Spain and Ireland, according to economists and recent analysis.