Investors should not focus just on the politics in Eastern Europe but rather turn their eyes towards its underpriced commercial property markets, Holger Schmidtmayr, Board Director at Austrian real estate investment company Sparkassen Immobilien, told CNBC.com.
The arrest of war criminal Ratko Mladic, alleged architect of the Srebrenica massacre in 1995, tears down one of the remaining barriers preventing Serbia joining the European Union.
The UK has failed to make enough structural changes to its economic model to avoid another financial crisis, Vince Cable, the UK’s Secretary of State for Business, Innovation and Skills told the New Statesman magazine.
The Doha round of negotiations on world trade faces collapse unless world leaders can reach a final agreement to lift trade tarrifs before the end of the year, a new report by the governments of the UK, Germany, Turkey and Indonesia warned on Wednesday.
European luxury hotels recorded strong growth in 2010 which continued into the first quarter of this year, driven by travelers from outside Europe returning to the region, new research showed.
European stock index futures pointed to a higher open on Thursday, adding to the previous session's recovery rally, as a report that China is interested in buying "bailout bonds" for Portugal helped improve sentiment.
Many analysts in the region are bullish on Saudi Arabia, compared to other markets in the Middle East, and recent data support that view.
High street bookstores need to become richer experiences if they are going to succeed, according to the CEO-elect of Waterstone’s, the UK’s largest bookseller.
The collapse of a BP share-swap deal with Russian state oil company Rosneft is just one of a string of failures which show that Russia is "uninvestable", according to William Browder, once the country’s largest portfolio investor.
David Riedel, Riedel Research, outlines four main topics investors should watch at the G8.
The US and Japan “have yet to produce credible medium-term plans” to stabilize their debt, while other countries need to provide more clarity on how their fiscal consolidation targets will be met, according to the Organisation for Economic Cooperation and Development’s 2011 Economic Outlook, which says that risks to the global recovery remain significant.
Greece should receive another tranche of aid from the European Union to enable it to have a second chance and restructure later, according to an analyst.
For years America has warned, lectured and cajoled the Chinese to allow the yuan to rise in a bid to end the fiscal imbalances that have seen more and more US debt sit in the People’s Bank of China's vaults.
Greece will not have a snap election, the office of the Greek Prime Minister told CNBC Wednesday in response to market speculation that affected the euro late Tuesday.
European shares were set to slip on Wednesday, reversing the previous day's gains and tracking weak US and Asian markets, as a slowing pace of economic growth and worries over the euro zone debt troubles prompted a pullback in risk appetite.
Belgium became the latest small European nation to come under the cloud of having its credit ratings outlook cut on Monday. As rating agencies themselves are increasingly criticized, is this the threat it once was?
Earlier this month Moët Hennessy became the latest French winemaker to announce a Chinese joint venture, this time to produce sparkling wine in the remote north-western Ningxia, but some wine experts believe the world is not quite ready for Asian wine.
European stocks were expected to open significantly lower on Wednesday, despite a slight bounce on Tuesday’s close with gains for miners on Glencore’s first day of regular trading on the London Stock Exchange.
Dominique Strauss-Kahn, the French erstwhile managing director of the International Monetary Fund, had not even resigned before Europeans started to coalesce around Christine Lagarde, the French finance minister, as his successor. Gone are past promises of an open selection. The Europeans insist on the principle that what we have we hold. The ancien régime survives.
Private debtholders, including euro zone banks, should accept a debt extension or other form of "soft default" to alleviate the debt burden for countries such as Greece if Europe wants a solution to the sovereign debt crisis, Bill Gross, Co-CIO of PIMCO told CNBC on Tuesday.