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The European Union

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  • WARSAW, March 20- European Council President Donald Tusk said on Friday it was increasingly difficult to maintain a united European Union position on sanctions imposed on Russia over its involvement in the Ukraine crisis. European Union leaders agreed on Thursday that economic sanctions imposed on Russia will stay in place until a Ukraine peace deal is...

  • European markets close: Greek banks surge   Friday, 20 Mar 2015 | 12:29 PM ET
    European markets close: Greek banks surge

    CNBC's Simon Hobbs reports on all the market moving events in Europe today.

  • *Greece running out cash and creditors frustrated by delays. However, she signalled some flexibility on what reforms Athens would have to make, and European Commission President Jean-Claude Juncker offered leftist Greek Prime Minister Alexis Tsipras a sweetener by saying 2 billion euros from the European Union budget were available to ease the...

  • EU summit wraps up with talks on Libya, economy Friday, 20 Mar 2015 | 10:21 AM ET

    BRUSSELS— European Union heads of state and government spent the final day of their spring summit focused on the situation in Libya and on ways to boost the bloc's economy:. —LIBYA: The leaders, fearful the unrest in Libya could splash over into Europe, tasked the EU's top diplomat with helping mediate talks between Libya's warring factions. —UKRAINE: Leaders agreed...

  • MOSCOW, March 20- Russia described "sanctions rhetoric" as destructive on Friday and said it would do what is in its national interests after European Union leaders kept economic sanctions in place over the Ukraine crisis. In comments to reporters, Kremlin spokesman Dmitry Peskov also accused Kiev of violating the terms of a peace deal for eastern Ukraine that...

  • BRUSSELS— Top leaders of the European Union emerged from a meeting with the Greek prime minister early Friday telling him much what they have for weeks: Come up with a reform plan if you want more money to stay solvent. The EU leaders said Greek Prime Minister Alexis Tsipras committed to providing a list of specific reforms in the coming days that would improve his...

  • EU summit: Chance of a Greek agreement?   Friday, 20 Mar 2015 | 5:10 AM ET
    EU summit: Chance of a Greek agreement?

    Is there any chance of Greece coming up with reforms that works for both them and the European Union? CNBC's Julia Chatterley reports the latest from the EU summit.

  • French far right set to win in weekend vote Friday, 20 Mar 2015 | 2:04 AM ET

    France’s Front National is poised to triumph in local elections this Sunday, in what will be a key test for the country’s struggling government.

  • Five themes Asia investors need to know Thursday, 19 Mar 2015 | 8:50 PM ET
    An Indonesian man looks at a running display showing share prices at the stocks exchange building in Jakarta.

    Volatility has become a market hallmark this year and investors across Asia are grappling with a slew of issues. Here are the top five themes.

  • BRUSSELS, March 19- European Union leaders agreed on Thursday that economic sanctions imposed on Russia will stay in place until a Ukraine peace deal is fully implemented, effectively extending them to the end of the year if need be. EU governments were divided on whether to act now to renew economic sanctions on Russia which expire in July or to wait several...

  • EU pledges to reduce dependency on Russian oil, gas Thursday, 19 Mar 2015 | 4:30 PM ET

    BRUSSELS— European Union leaders say they want to create a single energy market, in part to reduce the bloc's reliance on oil and gas from Russia. There has been growing concern among some European countries that Russia is using its position as one of Europe's biggest energy suppliers to exert political pressure on individual nations, particularly amid...

  • JERUSALEM, March 19- The day before Israel's election, with polls showing he could lose, Prime Minister Benjamin Netanyahu declared that the Palestinians would never have a state on his watch. The European Union called on Israel to commit to the two-state goal at a "crucial moment". The United Nations said the only way for Israel to remain democratic was to stick to...

  • Europe close: German 10-year hits record low   Thursday, 19 Mar 2015 | 12:31 PM ET
    Europe close: German 10-year hits record low

    CNBC's Simon Hobbs reports on all the market moving events in Europe today, including the German 10-year bund hitting a record low.

  • Norges Bank not thinking of going negative   Thursday, 19 Mar 2015 | 12:30 PM ET
    Norges Bank not thinking of going negative

    Norway's Central Bank has surprised markets by keeping its rates on hold. Oystein Olsen, Governor of Norges Bank, discusses whether the bank would consider going into negative territory.

  • EU joins U.S. to try to stop China's new technology rules Thursday, 19 Mar 2015 | 11:47 AM ET

    BRUSSELS, March 19- The European Union on Thursday sharply criticized China's new cyber security rules, joining a global effort to challenge measures that U.S. and EU companies say could force them out of the Chinese market. China's banking regulator has adopted new standards requiring tech products to be "secure and controllable" for use in the financial...

  • What's done, what's next at the EU summit Thursday, 19 Mar 2015 | 10:45 AM ET

    BRUSSELS— European Union heads of state and government are meeting in Brussels through Friday to talk about economic and energy policies, the crises in Ukraine and Libya, and the Greek debt problem. —UKRAINE: Leaders agreed not to lift EU sanctions on Russia until all the points of a peace accord for eastern Ukraine have been fulfilled. EU leaders also asked the...

  • JERUSALEM, March 19- The day before Israel's election, with polls showing he could lose, Prime Minister Benjamin Netanyahu declared that the Palestinians would never have a state on his watch. The European Union called on Israel to commit to the two-state goal at a "crucial moment." The United Nations said the only way for Israel to remain democratic was to stick to...

  • BRUSSELS— Switzerland has signed a preliminary agreement with the European Union that will make it much harder for the 28- nation bloc's citizens to evade taxes by hiding money in Swiss vaults. The deal initialed in Brussels on Thursday envisages that both sides will start collecting bank account data on each other's citizens from 2017 and begin exchanging...

  • BRUSSELS, March 19- European Union leaders look likely to keep economic sanctions on Russia in place until a Ukraine ceasefire deal is fully working, after German Chancellor Angela Merkel said on Thursday it would be wrong to ease pressure on Moscow prematurely. Merkel's comments suggest Germany will strongly encourage leaders meeting at a Brussels summit...

  • BRUSSELS— European Union leaders, losing patience with Greece's leftist government, warned Thursday that it needs to improve its balance sheet much faster if it wants their urgently needed money. "A deal is a deal," said Dutch Prime Minister Mark Rutte, reflecting exasperation among many leaders about the pace at which Greek Prime Minister Alexis Tsipras is...