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  • IMF Finds Major Mistakes in Bailout of Greece Wednesday, 5 Jun 2013 | 8:00 PM ET

    An International Monetary Fund study is highly critical of its own and the EU's handling of Greece's first $144 billion bailout.

  • Europe Faces Mass 'Employee Exodus': Report Tuesday, 4 Jun 2013 | 10:43 AM ET

    European firms face a "mass employee exodus" over the next three years as the economy in the euro zone recovers and workers search for better opportunities, new research has found.

  • Despite experiencing the coldest spring in 50 years, U.K. consumers beat the weather by posting a rise in retail sales, according to a new survey released Tuesday.

  • Goldman Career Path: 'God Particle' to 'God's Work' Tuesday, 4 Jun 2013 | 1:16 AM ET

    Goldman Sachs has become the latest investment bank to recruit a CERN researcher, highlighting a trend of career moves from physics to finance.

  • France's Generous Family Benefits Are Being Cut Monday, 3 Jun 2013 | 8:04 AM ET
    French tax form

    President Francois Hollande's government aims to save up to 2 billion euros annually from 2016 under a proposed reform of France's generous system of family benefits.

  • Green Shoots of Recovery for Euro Zone Monday, 3 Jun 2013 | 3:59 AM ET

    The downturn in euro zone manufacturing eased markedly last month but it remained widespread as falling prices for factories' goods failed to drum up new business, a business survey showed on Monday.

  • EU’s Rehn ‘Amazed’ by Hollande’s Criticism Friday, 31 May 2013 | 8:52 AM ET

    European Commission's economic chief, Olli Rehn, said he was "amazed" that France had criticized his team for recommending reforms while proposing more economic coordination for the euro zone.

  • Italy Youth Unemployment Hits Record 40.5% Friday, 31 May 2013 | 6:31 AM ET

    Italy's overall jobless rate and youth unemployment edged up in April to the highest levels on record, data showed on Friday.

  • God’s New Banker Tries to Clean Up Vatican Friday, 31 May 2013 | 1:24 AM ET
    The Vatican

    The new head of the Vatican bank will need plenty of prayer and strength to rescue its scandal-torn reputation.

  • UK Growth Will Beat Expectations: Industry Body Thursday, 30 May 2013 | 7:00 PM ET

    The U.K. could post better-than-expected GDP numbers over the next three years, thanks to a strong service sector, the British Chambers of Commerce said Friday.

  • Hollande Reform Defiance Sparks German Anger Thursday, 30 May 2013 | 3:44 AM ET
    French President Francois Hollande (L) speaks with German Chancellor Angela Merkel (R)

    President Francois Hollande's insistence that the EU executive can't "dictate" reforms to France has outraged Angela Merkel's conservatives, hours before the German leader was due in Paris for talks.

  • Bon Jovi's Aid for Crisis-Hit Spain Thursday, 30 May 2013 | 2:37 AM ET

    Jon Bon Jovi has decided to waive his appearance fee for an upcoming performance in Madrid.

  • EU Gives France Leeway as It Reprimands Belgium Wednesday, 29 May 2013 | 8:38 AM ET

    The European Commission has given France, Poland, Slovenia and Spain two year extensions to meet budget deficit targets, as it reprimanded Belgium, which could become the first country to be fined for failing to reduce its deficit.

  • EU Criticized for 'Pretend and Extend' on Austerity Wednesday, 29 May 2013 | 6:49 AM ET

    Brussels's softening stance on austerity with stability and growth measures set to be delayed for another two years is an exercise in "pretend and extend" and what's really needed is urgent structural reforms, analysts have told CNBC.

  • One in Five UK Shops to Disappear by 2018 Wednesday, 29 May 2013 | 4:45 AM ET

    The U.K. will have the highest online retail sales of any country by 2018 as a greater number of shoppers shun the High Street, forcing the closure of one in five shops over the next five years.

  • Currency War Could Heat Up When Carney Joins BoE Wednesday, 29 May 2013 | 4:06 AM ET
    Incoming Bank of England Governor Mark Carney

    Mark Carney may move to depreciate the pound, according to Pimco, a gambit which would see the U.K. join the global battle of countries competing to soften their currencies.

  • Hungary Cuts Interest Rate To New Record Low Tuesday, 28 May 2013 | 8:58 AM ET
    Hungarian air racer Zoltan Veres flies under the oldest bridge in Budapest.

    Hungary's central bank lowered its key interest rate by another 25 basis points to 4.5 percent on Tuesday. It is the tenth consecutive 25 basis point cut.

  • Bank of America Slashes Silver Forecast by 25% Tuesday, 28 May 2013 | 7:46 AM ET

    Bank of America Merrill Lynch has sliced its 2013 outlook for silver, in a warning sign for investors that view it as a leading indicator for gold.

  • UK Property Price Rises Stoke Fears of New Bubble Monday, 27 May 2013 | 8:01 AM ET
    Luxury residential properties are seen on Eaton Place, Belgravia, in London, U.K.

    Property prices in England and Wales rose by the most in six years in May, fueling concerns of a new housing bubble.

  • Club Med in Grecolimano, Greece

    Club Mediterranee's top shareholders said on Monday they plan to offer to buy the holiday group alongside the company's management.

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