The European Union


  • BRUSSELS— The European Union, Japan and other nations hunting for the eastern Atlantic Bluefin tuna are fearful that Turkey's unilateral decision to exceed catch limits agreed last year is threatening the stock recovery and the organization regulating its conservation. Documents seen by The Associated Press and EU comments on Friday show that during an...

  • Eyeing European spreads  Friday, 27 Feb 2015 | 4:20 AM ET

    Scott Maher, US CIO and manager of PIMCO's Total Return Fund, explains why he's looking for opportunities in Europe.

  • Germany to back Greek extension despite misgivings Thursday, 26 Feb 2015 | 9:02 PM ET

    German lawmakers signaled that they will approve an extension of Greece's bailout although reluctantly amid fears Athens will not keep reform promise.

  • Altice seeks EU okay with concessions for Portuguese deal Thursday, 26 Feb 2015 | 12:07 PM ET

    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...

  • European markets close: Record low German unemployment  Thursday, 26 Feb 2015 | 11:30 AM ET

    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.

  • Minimum wages in EU highlight huge economic differences Thursday, 26 Feb 2015 | 8:44 AM ET

    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,...

  • These factors will lift European stocks  Thursday, 26 Feb 2015 | 12:41 AM ET

    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.

  • Ukraine crisis won't hurt Asia: Expert  Wednesday, 25 Feb 2015 | 9:33 PM ET

    Andrew Freris, CEO of Ecognosis Advisory, says the ongoing crisis in Ukraine remains a political one hence it won't impact Asia.

  • France avoids EU penalties over budget deficits Wednesday, 25 Feb 2015 | 11:53 AM ET

    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.

  • Europe ends lower as Yellen stays dovish  Wednesday, 25 Feb 2015 | 11:30 AM ET

    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.

  • Europe closes: Greek banks lower  Wednesday, 25 Feb 2015 | 11:27 AM ET

    CNBC's Simon Hobbs reports on all the market moving events in Europe today, including the latest debate in Greece.

  • How will Greece pay their bills?  Wednesday, 25 Feb 2015 | 11:25 AM ET

    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,...

  • McDonald's accused of avoiding 1B euros in tax Wednesday, 25 Feb 2015 | 7:32 AM ET
    Illuminated golden arches mark the entrance to a McDonald's restaurant in Shelbyville, Ky., Jan. 23, 2015.

    European labor unions and a charity accused McDonald's of avoiding about 1 billion euros in taxes.

  • EU police operation takes down malicious computer network Wednesday, 25 Feb 2015 | 7:09 AM ET

    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...

  • Putin a 'winner': Ex-spin doctor Campbell Wednesday, 25 Feb 2015 | 5:32 AM ET
    Former Labour Party strategist Alastair Campbell

    The Russian leader Vladimir Putin has a real winning mindset, according to a leading U.K. political strategist

  • Austerity vs reforms: Which matters more?  Wednesday, 25 Feb 2015 | 12:48 AM ET

    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.

  • Take the gamble on European stocks: Expert  Wednesday, 25 Feb 2015 | 12:17 AM ET

    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.

  • A 'Grexit' is still possible, says this strategist  Tuesday, 24 Feb 2015 | 9:17 PM ET

    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.