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...» Read More
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...
LONDON, Feb 24- Support for Britain remaining in the European Union has hit its highest in more than four years, according to a poll published on Tuesday, which coincided with a fall in support for the Eurosceptic UK Independence Party. Pollsters YouGov said 45 percent of people surveyed said they would vote to stay in the EU, compared to 35 percent who would opt to...
Euro zone finance ministers have approved a four-month extension of Greece's bailout. David Rubenstein, Co-Founder and Co-CEO of The Carlyle Group, says negotiations will continue to happen for a long time, despite the extension.
If the International Monetary Fund (IMF) doesn't disperse money to Ukraine soon, will the country run out of money? Dmytro Shymkiv, deputy head of the presidential administration of Ukraine, doesn't think so.
What does the Greek public think about the current debt negotiations? CNBC's Julia Chatterley reports from Athens.
Ulrich Leuchtmann, head of FX Research at Commerzbank, says European markets regard the Greek crisis as solved and attention now turns to what the Fed will do with interest rates.