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  • 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.

  • Meet the Maverick Firing Up Spanish Politics Monday, 27 May 2013 | 5:53 AM ET

    Spain's rising political star is a 61- year-old former Socialist whose message of changing the system from within is drawing voters.

  • Romans went to the polls on Sunday to elect a new mayor of Italy's capital in a vote which could have repercussions for the fragile national government of Prime Minister Enrico Letta.

  • Support for openly racist or anti-immigration politicians is on the rise in several countries, the Globalpost reports.

  • The winner of England's Football League Championship will come away 120 million pounds ($181 million) richer, according to sports business analysts who called it "the biggest financial prize in football".

  • Russia's 'Facebook' Blacklisted by 'Mistake' Friday, 24 May 2013 | 10:01 AM ET

    Russia's leading online social network was briefly banned on Friday, in a move dismissed as a "mistake" but which follows intensifying official pressure on the company.

  • The Bank of Spain in Madrid

    Spanish banks will need to put aside extra provisions of up to 10 billion euros to cover loans that borrowers will struggle to repay, the FT reports.

  • Japan's Monetary Policy a 'Big Experiment' Thursday, 23 May 2013 | 5:05 AM ET

    Japan is in the middle of a "big monetary experiment," from which market volatility should be expected, Ben Broadbent, a member of the Bank of England's Monetary Policy Committee, told CNBC.

  • Grexit No Longer Likely, Says Man Who Coined Phrase Thursday, 23 May 2013 | 3:12 AM ET

    The economist who coined the term "Grexit" says the possibility of Greece exiting the euro zone has receded "markedly", reversing predictions he made in July when he saw a 90 percent chance of an exit within the next 12-18 months.

  • Cyprus 'Risks Worse Recession Than Expected' Wednesday, 22 May 2013 | 11:56 AM ET
    A shop displays a closing down sign in Nicosia, Cyprus.

    Cyprus faces substantial risks to its economic outlook and its recession could be deeper than forecast, the country's central bank governor said in a prepared speech on Wednesday.

  • The Thin Lady Sings: Spanish Opera Protests Austerity Wednesday, 22 May 2013 | 2:50 AM ET

    Austerity opera "El crepusculo del ladrillo," premiered on Sunday in la Tabacalera, a rundown tobacco factory in downtown Madrid, to rapturous applause.

  • EU Bank Bonuses to Affect a Lot More Bankers Wednesday, 22 May 2013 | 2:27 AM ET

    EU regulators confirmed on Tuesday that they will cap bonuses of bankers earning more than 500,000 euros a year and added other conditions to make the pay ceiling harder to smash.

  • Shale Gas Could Be UK's 'New North Sea' Wednesday, 22 May 2013 | 2:20 AM ET
    Drill pipe at a shale gas exploration site in Singleton, U.K.

    Shale gas development in the U.K. could create 74,000 jobs and halve the country's future dependency on gas imports, according to a new report by the Institute of Directors.

  • Germany on Track for Solid Q2 Recovery: Bundesbank Tuesday, 21 May 2013 | 9:31 AM ET

    Germany, the euro zone's largest economy, is on track for a recovery thanks to a pick-up in demand for its products from abroad, the Bundesbank said on Tuesday.

  • Hey, Don't Blame Us for Apple's Tax Rate: Ireland Tuesday, 21 May 2013 | 8:38 AM ET
    Apple's flagship New York store.

    Ireland said on Tuesday it was not to blame for Apple's low global tax payments after the U.S. Senate said the company paid little or nothing on tens of billions of dollars in profits.

  • G4S Chief Buckles to Step Down Tuesday, 21 May 2013 | 2:13 AM ET

    British outsourcing group G4S said its chief executive Nick Buckles would step down and be replaced by Ashley Almanza at the end of May.

  • M&S Posts Second Straight Fall in Annual Profit Tuesday, 21 May 2013 | 1:41 AM ET

    British retailer Marks & Spencer posted its lowest annual profit since 2009 on Tuesday as a struggling general merchandise division dragged on growth in food sales.

  • Vodafone Silent on Verizon, Posts Fall in Revenue Tuesday, 21 May 2013 | 1:33 AM ET

    Vodafone posted its largest ever quarterly fall in key organic service revenue on Tuesday, down 4.2 percent.

  • South Africa Risks Downgrade as Rand Tumbles Tuesday, 21 May 2013 | 1:14 AM ET

    Further unrest in the South African mining sector has increased the chances of another credit rating downgrade, an analyst told CNBC, after worried investors dumped the nation's currency.

  • Czech Bank Shut Over Fraud Investigation Monday, 20 May 2013 | 10:57 AM ET

    A bank and savings institution in the Czech Republic was closed and all deposits frozen pending a fraud investigation by the Czech central bank and ministry of finance.

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