LONDON, Dec 13- Bankers in the European Union earning over 500,000 euros a year could be excluded from a cap on their bonuses if they are not major risk takers, according to a revised rule from the bloc's banking watchdog on Friday.» Read More
BUENOS AIRES, Dec 12- The European Union has asked for a one-month delay in the exchange of proposals to kick off free-trade negotiations with South America's Mercosur bloc, the Argentine government said on Thursday. Mercosur's four members, Brazil, Argentina, Uruguay and Paraguay, were due to present their proposals to Brussels next week.
Switzerland's exchange rate peg against the euro remains "absolutely necessary", despite the upturn in the single currency, the head of the Swiss National Bank told CNBC.
CNBC's Ross Westgate reports on all the market moving events from Europe, as equities traded lower on taper fears.
*New EU rules follow in vein of harsh treatment of Cyprus. BRUSSELS, Dec 11- Bondholders and large depositors in a failing European bank face taking losses from the start of 2016, European Union negotiators agreed on Wednesday, in a provisional deal on rules to spare taxpayers from further bailouts.
BRUSSELS, Dec 11- Bondholders and large depositors in a failing bank face taking losses from the start of 2016, European Union negotiators have agreed, a European Parliament lawmaker said on Wednesday. "It's all done," said Sharon Bowles, one of the lawmakers involved in the talks, adding that the rules would come into place from January 2016.
Italy's prime minister has survived another vote of confidence, but some have accused the government of "fiddling while Rome burns."
CNBC's Simon Hobbs reports on the deterioration in European markets and the EU is talking to the IMF, World Bank and others about assistance for the Ukraine.
*International lenders and EU discussing Ukraine aid. BRUSSELS, Dec 11- European officials are in discussion with the International Monetary Fund, the World Bank and other major financial institutions on ways to help Ukraine if it decides to sign a free-trade agreement with the European Union.
PARIS, Dec 11- Brisk world demand and shrinking supplies, notably in competing Black Sea countries, are likely to drive soft wheat exports from the European Union to record highs this season, beating earlier expectations.
*Ukraine wants 20 billion euros in aid from EU. KIEV, Dec 11- Ukraine wants 20 billion euros in aid from the European Union in return for signing an agreement on trade and cooperation, Prime Minister Mykola Azarov said on Wednesday.
KIEV, Dec 11- Ukraine has asked the European Union to provide it with 20 billion euros in aid, Prime Minister Mykola Azarov was quoted as saying on Wednesday.
Carlo Calenda, Italy's deputy minister for economic development, says Italians are waiting for reforms to institutions and electoral law.
CNBC's Sri Jegarajah reports on the latest developments from Europe after finance ministers failed to reach an agreement on a banking union. David Mann of Standard Chartered weighs in.
*Germany opposes use of bailout fund to back-up bad banks. BRUSSELS, Dec 10- European Union countries edged slowly towards agreeing a scheme to shut failing banks on Tuesday, although a final deal on wider reform to prevent a repeat financial crisis may not be reached until next week.
CNBC's Simon Hobbs reports on the negative activity in the European market, and the ECB's call for bank reforms and its effect on the euro.
Linas Linkevicius, minister of foreign affairs of Lithuania, says the Ukrainian government will "burn all its bridges" with the European Union if it uses violence against protestors.
*Germany opposes use of bailout fund as backstop for financing bank closures. BRUSSELS, Dec 10- European Union finance ministers are likely to take a political step towards creating a banking union with powers to close down failing banks on Tuesday, but leave nagging legal details to another time, perhaps next week.
CNBC's Ross Westgate reports on all the market moving events from Europe, as EU leaders close in on reaching a banking union deal.
Europe markets close higher today on better-than-expected Chinese exports data, reports the "Squawk on the Street" news team.
CNBC's Eunice Yoon reports on all the market moving events from Asia, as the Chinese yuan hits new highs against the U.S. dollar.