European equities closed flat to lower on Thursday as hopes faded that a reforms-for-aid deal between Greece and its lenders was getting nearer.
European stock markets ended sharply higher Wednesday after hints that Greece may have edge closer to finalizing a deal with its euro zone creditors.
There would be "havoc" if Greece left the euro zone and adopted an alternative currency, Willem Buiter, global chief economist at Citi, told CNBC.
Finland has informed its 900,000 military reservists of their roles in the event of a military crisis against a backdrop of rising tensions.
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CNBC looks at how the computer systems in F1 cars have made their way into regular vehicles.
FIA President Jean Todt discusses his start with the Ferarri team and the current problems facing F1.
F1 experts discuss whether the quieter engine sounds are making the sport less attractive.