BRUSSELS, Feb 27- Cuba and the European Union will hold a third round of talks in Havana next week aimed at increasing trade, investment and political dialogue after overcoming a dispute that delayed the negotiations, an EU official said on Friday. EU officials suspect that Havana may not have felt ready for a third round last year because they were due to discuss...» Read More
German lawmakers signaled that they will approve an extension of Greece's bailout although reluctantly amid fears Athens will not keep reform promise.
BRUSSELS, Feb 26- Telecoms group Altice has offered concessions in an effort to gain European Union antitrust approval for its 7.4 billion euro bid for the Portuguese assets of Brazil's Grupo Oi, the European Commission said. Altice's founder, Franco-Israeli telecoms entrepreneur Patrick Drahi, has expanded his portfolio of cable and mobile telecoms...
CNBC's Simon Hobbs reports on all the market moving events in Europe today, including a record low number for German unemployment and heavy restructuring at RBS.
BRUSSELS— Minimum wages across the European Union highlight the vast economic differences across the member states with a ten-fold difference between Bulgaria and Luxembourg. The EU's statistical agency Eurostat said Thursday that while the minimum monthly wage in January stood at 184 euros in Bulgaria, it was 1,923 euros in Luxembourg.
BRUSSELS, Feb 26- The European Union said on Thursday it was escalating a dispute with Russia at the World Trade Organization over what it said were excessive import duties on paper products, refrigerators and palm oil. The challenge is the latest in a series of WTO disputes with Russia, the EU's third-biggest trading partner, since Moscow joined the body in 2012,...
Jeremy Stretch, head of FX Strategy at CIBC, says an improving growth picture and the launch of quantitative easing paint an optimistic scenario for European stock markets.
Andrew Freris, CEO of Ecognosis Advisory, says the ongoing crisis in Ukraine remains a political one hence it won't impact Asia.
BRUSSELS— France will avoid punishment for missing its budget deficit targets after the European Union gave it two more years to come into line. European Commission Vice-President Valdis Dombrovskis said Wednesday that France now has a 2017 deadline to get its budget deficit equal to or below 3 percent of annual gross domestic product.
European equities ended lower on Wednesday as investors focused on a slew of corporate earnings and a second day of testimony by the U.S. Federal Reserve Chair Janet Yellen.
CNBC's Simon Hobbs reports on all the market moving events in Europe today, including the latest debate in Greece.
CNBC's Julia Chatterley talks to Yanis Varoufakis, finance minister of Greece, and asks him how Greece will pay their bills and what are their future plans.
Since the establishment in 1951 of the Coal and Steel Community, the precursor of the European Union, advocates of transnational unity have demanded closer cooperation on energy. The European Commission, the EU executive, says the clash with Russia over its seizure of Ukraine's Crimea region means there is the strongest case yet to pool resources across the EU,...
European labor unions and a charity accused McDonald's of avoiding about 1 billion euros in taxes.
European Union police coordination agency Europol said in a statement Wednesday that the network, known as the Ramnit botnet, was dismantled in an operation Tuesday by cybercrime experts coordinated from Europol's headquarters in The Hague. The operation involving investigators from Germany, Italy, the Netherlands and Britain along with...
The Russian leader Vladimir Putin has a real winning mindset, according to a leading U.K. political strategist
There are now more flexibility when it comes to austerity rules in Europe as countries realize the importance of structural reforms, says Christian Schulz, senior economist at Berenberg Bank.
Puru Saxena, CEO of Puru Saxena Limited, expects European equities to do well over the next 1 year due to the ECB's quantitative easing, but warns of currency risks.
Keith Fitz-Gerald, chief investment strategist at Money Map Press, says a "Grexit" is still possible, which will see Europe disintegrating into "the haves and have nots", along with a bifurcation in markets.
Russia last year aborted South Stream, a $40 billion pipeline that was to have passed under the Black Sea and via Bulgaria, in the face of objections from the European Union. With Moscow in financial crisis, it is not clear if its latest plan- a route passing through Turkey, Greece, Macedonia and Serbia, then into Hungary and perhaps on to Austria- will ever come to...
BRUSSELS— European Union lawmakers have backed plans to reform the EU's vast greenhouse gas emissions trading scheme to protect it from fluctuations in the economy. The system sets limits on certain greenhouse gases that factories and power plants can emit and allows companies to trade allowances if they cannot avoid more emissions. Heavy fines are imposed...