France's left wing government has unveiled its budget for next year, offering household and business tax cuts, despite a weak economic backdrop.
A general election in Portugal this weekend will be closely watched by European leaders as it will show whether austerity can win a general election.
European equities closed in the red on Tuesday, as investors turned negative, despite recoveries in mining, autos and oil prices.
European equities ended sharply lower on Monday as concerns over carmaker Volkswagen and miner Glencore continued to dent investor sentiment.
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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.