As U.K. Prime Minister David Cameron heads to Brussels this week to discuss EU tax policies, he knows there are far more taxing questions at home regarding whether his party want to remain within the Union.
More than 8,000 French households' tax bills topped 100 percent of their income in 2012, a French newspaper reported.
Traditional parties that make up Italy's coalition government will become history, Beppe Grillo, the leader of the anti-establishment "Five Star Movement" told CNBC.
The Australian dollar has had a swift, hard fall and now Goldman Sachs is predicting it could fall to as low as $0.80.
Billionaire George Soros reduced his holdings of exchange-traded products backed by gold prior to last month's freefall.
The chief executive of the world's largest container shipping company Moeller-Maersk told CNBC that the company would not order any new ships this year and it had idled 28 vessels around the world this year.
Samsung has become the "undisputed king" of the Android smartphone industry, creating more profit from the software than Google, according to new research.
The chief executive of European chipmaker STMicroelectronics told CNBC that the company had to be careful as it winds down a loss-making venture with telecoms operator Ericsson.
Germany's economic data are concerning because they show "de-facto stagnation," one of Angela Merkel's top economic advisors and one of the country's five "wise men" has warned.
U.K. business experts told CNBC what a U.K. exit from the EU - its biggest trading partner - would mean for the country's businesses and economy.
France slipped into recession in the first quarter of 2013 but there was confusion over whether it was the country's second or third recession in the last five years.
The bailouts of the weakest banks in Slovenia should begin next month, the country's finance minister told CNBC on Tuesday, but he insisted that he is not concerned with the timeframe of the process.
New research shows the French public now have less faith in their economy and the European Union than the Spanish or the Italians.
The free trade talks between India and the EU, which started in 2007, were close to ending in a deal that would be the "biggest" free trade agreement that the EU would have entered into, India's Commerce Minister Anand Sharma told CNBC in Singapore.
ECB governing council member Ignazio Visco told CNBC that the central bank is "technically prepared" to introduce negative deposit rates.
Cyprus is continuing talks with the Russian government to relax the terms of a 2.5 billion euro loan, the country's finance minister told CNBC as euro zone finance ministers meet to approve a first bailout payment to the country.
The EU and Canada are near to signing an historic $28 billion free trade agreement but a row over the labeling of Canadian oil as "dirty" in Europe could threaten the deal.
The only company to have fracked for shale gas in the UK, Cuardilla Resources, is set to begin exploratory drilling for oil 31 miles (50 km) south of London.
Trade numbers for China showed an unexpected increase in imports and exports, leading analysts to question whether the numbers were "misleading."