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  • Large Banks Seen Dodging EU Financial Tax Bullet Thursday, 24 Jan 2013 | 1:35 AM ET

    A financial trading tax (FTT) planned by a group of euro zone nations could leave major banks, its main target, relatively unscathed while less nimble smaller trading houses, pension funds and asset managers bear the brunt.

  • Salzburg Says Finances Safe Despite Trading Scandal Thursday, 17 Jan 2013 | 2:50 AM ET
    River Salzach and Salzburg skyline

    The Austrian province of Salzburg did not lose money as feared from covert trades by a civil servant, but actually made money from its financial management, the province said on Wednesday.

  • OPEC Agrees to Keep 30 Million Bpd Oil Target: Delegates Wednesday, 12 Dec 2012 | 7:39 AM ET

    OPEC agreed on Wednesday to hold its oil production limit unchanged at 30 million barrels a day, delegates at the meeting said. Ministers of the Organization of the Petroleum Exporting Countries continued in closed session to debate who should be the group's next secretary general. They were divided over candidacies from Saudi Arabia and Iraq.

  • Europe vs. Facebook: Students Plan to Sue Tuesday, 4 Dec 2012 | 3:09 AM ET
    Facebook Couples Pages Anger the Internet

    Facebook privacy campaign group europe-v-facebook plans to sue the social network in Ireland,it said on Tuesday.

  • The World's Best Places to Live Monday, 3 Dec 2012 | 8:14 PM ET
    Zurich, Switzerland

    Is there a city that is crime and pollution free with excellent transportation and great schools? Find out where the best quality of life is.

  • FRANKFURT, Nov 5- When the European Parliament turned Yves Mersch down for a top central banking post, it wasn't because he lacked the expertise or experience; they rejected him because he is a man. Mersch, a Luxembourger who is highly regarded by his peers, had been expected to get the job on the European Central Bank's all-male board anyway.

  • Polls indicate the race between President Barack Obama and Republican challenger Mitt Romney will be very close with the risk of a change in fiscal and monetary policy in the world's largest economy keeping investors on the sidelines.

  • FRANKFURT, Nov 6- The European Central Bank is set to leave interest rates unchanged on Thursday, deferring a cut in borrowing costs that would risk undermining the impact of Mario Draghi's signature policy a year into his ECB presidency.

  • LONDON, Nov 6- Low-risk German government bonds edged up, with investors wary of placing big bets before Tuesday's close-run U.S. election and a Greek parliamentary vote on crucial austerity measures.

  • ANALYSIS-Women challenge central banking men's club Monday, 5 Nov 2012 | 1:29 PM ET

    FRANKFURT, Nov 5- When the European Parliament turned Yves Mersch down for a top central banking post, it wasn't because he lacked the expertise or experience; they rejected him because he is a man. Mersch, a Luxembourger who is highly regarded by his peers, had been expected to get the job on the European Central Bank's all-male board anyway.

  • WRAPUP 1-France, Britain set stage for EU budget wrangling Wednesday, 31 Oct 2012 | 10:44 PM ET

    *France objects to proposed farm subsidy cuts. BRUSSELS/ LONDON, Nov 1- British Prime Minister David Cameron came under pressure to act tough on the European Union budget and France threatened to use its veto, signalling a divisive start to bargaining over the 1 trillion euro long-term spending plan.

  • *France objects to proposed farm subsidy cuts. BRUSSELS/ LONDON, Oct 31- British Prime Minister David Cameron came under pressure to act tough on the European Union budget and France threatened to use its veto, signalling a divisive start to bargaining over the 1 trillion euro long-term spending plan.

  • WRAPUP 1-Veto threats fly in EU budget fight Wednesday, 31 Oct 2012 | 5:32 PM ET

    *France objects to proposed farm subsidy cuts. BRUSSELS, Oct 31- France joined a growing list of European Union governments threatening to veto the bloc's next long-term budget, turning up the heat at the start of divisive bargaining over a 1 trillion euro spending plan.

  • *Say own tests, Novartis data show flu vaccines safe. ZURICH, Oct 31- Canadian and Swiss health authorities lifted a ban on Novartis's flu vaccines on Wednesday after the drugmaker showed they posed no risk to safety.

  • Swiss to expand team helping track foreign tax cheats Wednesday, 31 Oct 2012 | 3:23 PM ET

    The government said on Wednesday it had granted permission for the finance department to add eight new staff to a group created in 2011, after Switzerland promised to relax its traditional bank secrecy and do more to help stop tax evasion.

  • T-Mobile boss threatens to quit Austria - paper Wednesday, 31 Oct 2012 | 8:38 AM ET

    VIENNA, Oct 31- T-Mobile Austria could slash investment or even withdraw from the country if it is not allowed to compete with rivals that get frequencies needed for fourth-generation LTE mobile products, CEO Andreas Bierwirth told a newspaper. The Deutsche Telekom unit is Austria's second-biggest mobile provider after Telekom Austria.

  • Are Volumes in Equity Markets Set to Pick Up?   Wednesday, 31 Oct 2012 | 2:50 AM ET
    Are Volumes in Equity Markets Set to Pick Up?

    Michael Buhl, CEO of CEE Stock Exchange (the largest player among the stock exchanges of Central and Eastern Europe) tells CNBC that equity cash trading is picking up but a financial transaction tax is not positive for the stock exchange.

  • 6 European countries pull Novartis flu vaccines Friday, 26 Oct 2012 | 1:56 PM ET

    BERLIN-- Six European countries have ordered a temporary ban on the import or use of some Novartis flu vaccines. Austria, France, Germany, Italy, Spain and Switzerland have limited the use of Fluad or Aggripal, or both, after the company reported the appearance of small particles in the vaccine to Italian authorities.

  • Looters strip Bulgaria of ancient treasures Friday, 26 Oct 2012 | 11:26 AM ET

    ARCHAR, Bulgaria-- On the banks of the Danube, in the northwest corner of Bulgaria, lie the remnants of an ancient Roman settlement called Ratiaria, host to a priceless cultural heritage.

  • STRASBOURG, France, Oct 25- The European Parliament rejected Luxembourg banker Yves Mersch's nomination to the board of the European Central Bank on Thursday because of his gender, raising the stakes in a showdown with EU governments over power and women's rights.