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Eastern Europe

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  • UK Upsets Germany Over Key EU Speech Saturday, 12 Jan 2013 | 5:09 AM ET
    David Cameron

    David Cameron has astonished Berlin by looking to make his controversial Europe speech on the same day that France and Germany stage lavish celebrations marking their postwar reconciliation. The FT reports.

  • China the Frontrunner to Buy Exxon's Iraqi Assets Thursday, 20 Dec 2012 | 7:55 PM ET
    Exxon

    China National Petroleum Corp (CNPC) has emerged as the frontrunner to take over Iraq's West Qurna-1 oilfield from Exxon Mobil, a move that would diminish Western oil influence in Iraq a decade after the U.S.-led invasion.

  • Obama signs trade, human rights bill that angers Moscow Saturday, 15 Dec 2012 | 9:33 AM ET

    President Obama on Friday signed a bill that brings U.S. trade relations with Russia into the 21st century but also ushers in a testy era in which the United States could publicly "name and shame" Russian human rights violators.

  • S&P Cuts Outlook for UK's Triple A Rating Thursday, 13 Dec 2012 | 4:46 PM ET

    S&P has become the last big credit ratings agency to give the UK government a bloody nose by downgrading the outlook on Britain's triple A rating to negative.

  • Gazprom Pays Price for Doing Putin's Bidding: Analysts Thursday, 13 Dec 2012 | 11:08 AM ET
    Gazprom

    Russia's Gazprom will beat Exxon Mobil this year to become the most profitable company in the world, and yet its shares are down 18 percent. Why? The answer may lie with the priorities of Russian President Vladimir Putin.

  • How the GOP Engineered a Blow to the Unions Thursday, 13 Dec 2012 | 3:57 AM ET

    From outside Michigan Republican circles, it appeared that the Republican drive to weaken unions came out of the blue - proposed, passed and signed in a mere six days.

  • Will the CEE IPO Market Improve in 2013?     Wednesday, 12 Dec 2012 | 3:30 AM ET

    Michael Buhl, CEO of the CEE Stock Exchange group, tells CNBC that they have seen a record amount of companies preparing themselves for an IPO but there needs to be one that starts the ball rolling.

  • Fiat to Invest $1.6 Billion in New Maserati Models Tuesday, 11 Dec 2012 | 4:40 AM ET
    A Maserati Gran Turismo automobile, produced by Fiat SpA, sits on display during the second press day of the Geneva International Motor Show in Geneva, Switzerland, on Wednesday, March 7, 2012.

    Italian carmaker Fiat. is investing 1.2 billion euros in luxury brand Maserati, hoping technology and dealerships from its tie-up with Chrysler will help it to take on German rivals BMW and Porsche.

  • After Big Gains, German Stocks Could Soar in 2013 Friday, 7 Dec 2012 | 1:29 AM ET

    Germany's Dax index, which has risen 28 percent this year to its highest value since January 2008, is positioned to benefit from improvements in the global economy, given its companies' exposure to export markets. The FT reports.

  • Rolls-Royce Could Face Prosecution in Bribery Probe Thursday, 6 Dec 2012 | 4:42 AM ET

    Aerospace and defense group Rolls-Royce said it was in talks with Britain's Serious Fraud Office over potential corruption involving its intermediaries overseas.

  • Bulgaria's Resilient Growth in 2012     Thursday, 6 Dec 2012 | 2:40 AM ET

    Delian Dobrev, Bulgaria's minister of the economy tells CNBC why Bulgaria stands out as a European growth story in 2012.

  • UK Braces for Attack on Welfare State Wednesday, 5 Dec 2012 | 2:55 AM ET
    Chancellor of the Exchequer George Osborne poses for photographers outside 11 Downing Street.

    The U.K.'s welfare state has a long and distinguished history, with elements of its healthcare recently being compared with President Barack Obama's Medicare reforms.

  • France, Germany Clash Over Banking Union Plan Tuesday, 4 Dec 2012 | 7:59 AM ET

    Germany and France publicly clashed on Tuesday over plans to put the European Central Bank in charge of supervising banks, deepening a dispute over the scope of the ECB's powers that threatens to undermine one of Europe's boldest reforms.

  • UK's Prince William and Kate Expecting a Baby Tuesday, 4 Dec 2012 | 7:26 AM ET

    Britain's Prince William and his wife Catherine are expecting a baby, destined to be the country's future monarch.

  • Japan’s Warning Signal to the West Tuesday, 4 Dec 2012 | 4:50 AM ET
    Tokyo, Japan

    Governments and economists from elsewhere in the developed world are looking East for a clue to the long-term consequences of loose monetary policy.

  • Vatican Unveils Pope's Twitter Handle: @pontifex Tuesday, 4 Dec 2012 | 2:50 AM ET
    Pope Benedict XVI waves to the faithful as he arrives at the St. Peter's Basilica for a mass with newly appointed cardinals on November 25, 2012 in Vatican City, Vatican.

    Pope Benedict's new handle on Twitter will be @pontifex, beating out other contenders that had been considered to showcase the thoughts of one of the world's most visible leaders.

  • MegaFon Gets Low Valuation in $1.7 Billion IPO Wednesday, 28 Nov 2012 | 3:56 AM ET

    Russian telecoms company Megafon’s London initial public offering (IPO) successfully raised $1.7 billion, despite concerns about corporate governance at the company, majority-owned by Russian internet tycoon Alisher Usmanov.

  • Euro Briefly Lifts, Yuan Hits a Record Tuesday, 27 Nov 2012 | 7:59 AM ET

    A Greek aid deal briefly lifts the euro and the OECD issues a warning — it's time for your FX Fix.

  • Two-thirds of chief executives and chief financial officers from around the world view the euro zone crisis as an opportunity to gain competitive advantage over rivals, according to a survey by global consultancy firm Accenture.

  • Eastern Europe 'Held Hostage' by German Slowdown Sunday, 25 Nov 2012 | 8:47 PM ET

    As the euro zone debt crisis weighs on the German “strong man of Europe”, Germany’s slowdown puts Eastern Europe’s growth at risk too, analysts told CNBC.