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Economic Regions The European Union

  • European Markets: DAX at Multi-Year Highs

    CNBC's Simon Hobbs reports on today's market-moving events from Europe.

  • ‘Good Recession’ to Boost UK—But Not Until Next Year

    The European Commission confirmed on Friday that it had looked at ways of getting a deal on the European Union's next long-term budget without British consent so as to prevent Prime Minister David Cameron from vetoing the package.

  • European Central Bank (ECB) headquarters in Frankfurt, Germany.

    Banks will repay the European Central Bank 137.159 billion euros in 3-year loans next week, opting to hand back the money early in a sign at least parts of the financial system are returning to health.

  • Olli Rehn: UK Referendum 'Not Helpful'

    Olli Rehn, European Union economy chief, tells CNBC that the UK announcement of referendum is creating uncertainty and is not necessarily helpful in terms of stabilizing the economy.

  •   Finland's Stubb: Love to See Euro Trading Lower

    Alexander Stubb, Finland¿s minister for European affairs and foreign trade, tells CNBC that he would love to see the Euro a little bit weaker as it would drive exports and improve growth.

  • Kakopetria in Solea Valley, Trodos, Cyprus

    When compared to the hundreds of billions of euros used to prevent Greece from collapsing, the €11 billion needed to recapitalize the banks of Cyprus is a relatively small sum. But Cyprus, the fourth euro zone country applying for financial aid in order to prevent a state bankruptcy, has potential creditors pausing just the same. Their reason: concerns that Cypriot banks are a haven for money laundering.

  •  FT Editor: Cameron Has Taken a Gamble on Europe

    Lionel Barber, editor at The Financial Times, tells CNBC that the key questions will be what kind of powers David Cameron can repatriate from the EU and what about the uncertainty created for business.

  • European Markets: FTSE Hits Fresh Highs

    CNBC's Simon Hobbs reports on today's market moving events from Europe as shares extended gains, taking direction from the S&P 500.

  • UK's Osborne: Credibility Is Hard Won and Easily Lost

    George Osborne, Britain's finance minister, tells CNBC's Maria Bartiromo why the U.K. must stick to its deficit plan.

  • European Central Bank

    Banks in Spain, Italy, Ireland and Britain need to set aside much more money to cover potentially bad loans, credit ratings agency Moody's said on Thursday, meaning European taxpayers may again be tapped for cash.

  • Irish Prime Minister Enda Kenny.

    The borrowing terms and conditions that were imposed on Ireland after it applied for financial aid were unfair according to Irish Prime Minister Enda Kenny, as the country didn't receive the same deal as Greece.

  • Global Economies on Comeback Trail

    Virginie Maisonneuve, Schroders portfolio manager, discusses signs of investor confidence as the Dow gets closer to an all-time high.

  • David Cameron

    U.K. Prime Minister David Cameron made the case for a free trade agreement between the United States and Europe in a speech at the World Economic Forum in Davos on Thursday, arguing in favor of the expansion of free trade as his country increasingly distances itself from the EU.

  • Kingfisher CEO: Market Needs Clearer Policy

    Ian Cheshire, CEO at Kingfisher, tells CNBC why a lack of clarity in policy-making all over Europe is the underlying cause of economic uncertainty.

  • europe_map_with_euro_stars_200.jpg

    The euro zone economy took a step closer to recovery this month as the rate of decline in the bloc's private sector eased more than expected, a business survey showed on Thursday.

  • EU Commissioner: No Risk of UK Discrimination

    Joaquín Almunia, EU Competition Commissioner, tells CNBC that UK companies will not be treated any differently despite David Cameron's 'risky' decision to commit to a referendum.

  • European Markets Close Mixed

    CNBC's Michelle Caruso-Cabrera reports on all the market moving events in Europe today.

  • Philips CEO: Europe Is Becoming More Stable

    Frans van Houten, CEO of Philips, tells CNBC that Phillips is focused on 'self help' despite the level of growth in the global economy.

  • CBI: Cameron's Referendum Will Provoke Uncertainty

    Sir Roger Carr, president of the Confederation of British Industry, tells CNBC that it is now up to business to articulate the case for staying in Europe strongly.

  • What to Expect From Cameron's Friday Speech

    Eurasia Group President Ian Bremner and Stefano Aversa, co-president at Alix Partners, discuss market uncertainty ahead of David Cameron's speech on Friday, plus Italy's political future.