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The European Union

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  • *Ex-regulator Sants to lead review of UK competitiveness. FRANKFURT/ LONDON, May 19- A number of banks have put off possible investments in Britain until after a referendum on its future in the European Union, a lobby group said on Tuesday, after Deutsche Bank revealed it was considering cutting down its UK operations should the country pull out.

  • BRUSSELS, May 18- Russia avoided further diplomatic confrontation with Ukraine and the European Union at three-way trade talks on Monday and did not renew previous demands for Kiev's duty-free deal with the bloc to be put on hold. EU Trade Commissioner Cecilia Malmstrom highlighted the fact that all three parties jointly signed a statement that said the pact,...

  • European markets close: Greek endgame   Monday, 18 May 2015 | 11:26 AM ET
    European markets close: Greek endgame

    CNBC's Simon Hobbs reports on all the market moving events in Europe today, including ECB executive board member Yves Mersche saying the ECB is in an endgame in Greece.

  • BRUSSELS, May 18- David Cameron has promised to negotiate reform of the European Union before a referendum by 2017 on whether to leave the 28- nation bloc, which a fellow Conservative prime minister took Britain into in 1973.. EU leaders want to keep Britain in but will only discuss concrete changes once Cameron tells them what he wants. European Commission...

  • LONDON, May 18- Top executives at one of the world's largest makers of construction machinery have said Britain could be better off outside the European Union, a contrast with the view of many businesses which favour remaining in the bloc. We could exist on our own, peacefully and sensibly, " Anthony Bamford, head of the family-owned JCB group and a major donor to...

  • ATHENS, May 15- Greek Prime Minister Alexis Tsipras on Friday vowed that his government would not back down from its red lines in negotiations with its foreign lenders but said a deal must be reached soon following months of talks. Athens is fast running out of cash and talks with European Union and IMF lenders on more aid have been deadlocked over their demands...

  • Europe stocks dive Friday   Friday, 15 May 2015 | 11:30 AM ET
    Europe stocks dive Friday

    CNBC's Simon Hobbs reports on all the market moving events in Europe today, including some of the automotive makers stocks moving lower.

  • BELGRADE, Serbia— Russia's foreign minister has urged the European Union to support the idea of a Moscow- backed pipeline that would bring natural gas across the Black Sea to Turkey and the rest of Europe. Sergei Lavrov said Friday the pipeline— which could include Greece, Macedonia, Serbia and Hungary— would bring "energy stability" to Europe.

  • Europe stocks rally, good news from Greece   Thursday, 14 May 2015 | 11:28 AM ET
    Europe stocks rally, good news from Greece

    CNBC's Simon Hobbs reports on all the market moving events in Europe today, including Mario Draghi speaking at the IMF, and the turnaround in trading over the session.

  • Bank of England chief calls for EU vote 'soon' Thursday, 14 May 2015 | 9:02 AM ET

    LONDON— The Bank of England's governor has said that a promised "in/out" referendum on Britain's membership in the European Union should take place "as soon as necessary." The EU is also the largest investor in Britain. Prime Minister David Cameron has pledged to hold a national vote on whether Britain should leave the EU before the end of 2017. The issue is one of the...

  • LONDON, May 14- Bank of England Governor Mark Carney said on Thursday it was important that the British government provide clarity on how it will proceed with a planned referendum on the country's membership of the European Union. Carney told BBC radio that Britain's access to the EU's common market was one of its big economic advantages. It's the largest...

  • Poor European close, Greece running out of time   Wednesday, 13 May 2015 | 11:28 AM ET
    Poor European close, Greece running out of time

    CNBC's Simon Hobbs reports on all the market moving events in Europe today, including the bond market selloff moving into equities.

  • *Electrical steel from China, Japan, Korea, Russia, U.S. BRUSSELS, May 13- The European Union will impose anti-dumping duties from Thursday on imports of a grade of electrical steel from China, Japan, Russia, South Korea and the United States, its second set of measures this year to protect European steel producers. Duties of 28.7 percent will cover imports from...

  • EU mission helicopter crashes in Kosovo, injuring 1 Tuesday, 12 May 2015 | 11:36 AM ET

    PRISTINA, Kosovo— A helicopter belonging to a European Union mission in Kosovo crashed Tuesday during a training flight at the country's main airport, injuring one medical evacuation worker, officials said. Kosovo airport spokeswoman Valentina Gara said the helicopter belonged to the EU's rule of law and justice mission. The EULEX mission helps Kosovo...

  • European markets close lower   Tuesday, 12 May 2015 | 11:26 AM ET
    European markets close lower

    CNBC's Simon Hobbs reports on all the market moving events in Europe today, including the selloff in the bond and equity market.

  • BRUSSELS, May 12- David Cameron is not the best liked European leader in Brussels, yet as he seeks changes in the EU to persuade Britons they should stay in, he will not lack offers of friendship. They will come from presidents and fellow prime ministers across the 28- nation European Union and its institutions, none of whom wants to lose the economic, geopolitical...

  • Britain's Osborne spells out mandate on EU referendum Tuesday, 12 May 2015 | 3:47 AM ET

    BRUSSELS— Emboldened by his party's election triumph, Britain's finance minister said Tuesday his government has a "very clear mandate" to change the terms of the country's membership in the European Union before it holds a referendum on whether to leave the bloc altogether. "We go into these negotiations aiming to be constructive and engaged but also resolute...

  • Expect Europe to grow faster than US in Q1: DBS   Tuesday, 12 May 2015 | 12:45 AM ET
    Expect Europe to grow faster than US in Q1: DBS

    Radhika Rao, economist at DBS, explains why the first-quarter gross domestic product (GDP) from the euro zone will outperform the U.S.

  • Time for markets to move on from Greece?   Monday, 11 May 2015 | 11:31 PM ET
    Time for markets to move on from Greece?

    With a real appetite in Europe to conclude a deal, financial markets have "spent too much time" worrying over Greece's financial condition, says Chris Watling, CEO of Longview Economics.

  • Athens is on a 'face-saving exercise': PNC   Monday, 11 May 2015 | 7:48 PM ET
    Athens is on a 'face-saving exercise': PNC

    Bill Adams, senior international economist at PNC Financial Services Group, says progress was made on Monday's Eurogroup meeting as "Greece is deciding how far to move" ahead of a possible referendum.