The rejection of austerity by Portugal's main court puts new pressure on the country's faltering reform program and the euro zone, analysts told CNBC.
The economic advisor to Greece's anti-austerity party SYRIZA told CNBC that Greece's international lenders were "blackmailing" his country.
Janet Yellen, a potential successor to Ben Bernanke, is seen as a "loose cannon" and could upset the markets, Bob Janjuah of Nomura told CNBC.
Online currency bitcoin had 20 percent knocked off its price overnight on Thursday as one of its major exchanges became the victim of a hacking attack leading to a sell-off in the virtual currency after reaching an all-time high.
As investors wait for the latest U.S. jobs data to assess the recovery in the world's largest economy, Dennis Gartman told CNBC the numbers don't matter.
Has Cyprus extended capital controls by another week? That's the mystery facing the market on Thursday.
Online currency bitcoin has surged in value since the Cyprus bailout saga sparked global interest in alternatives.
Analysts are questioning whether a group of economic "wise men" can save Italy from new elections.
Capital controls have restored a sense of calm in Cyprus. At best, this is a short reprieve if they are not followed by more fundamental decisions, according to Pimco's CEO.
While some say it's a sign businesses are confident about the economy, it might also mean that they are trying not to raise salaries.
Francois Hollande declared that companies would have to pay a 75 percent tax on salaries over a million euros after his plan for a "super-tax" on individuals was knocked down.
Some European citizens are looking to escape their economic troubles by joining an Italian commune.
Investor concern over Cyprus is rapidly being replaced by fears for Italy, as political deadlock continues.
The 17-year old founder of mobile news app Summly plans to finish school and start more companies, after Internet giant Yahoo purchased his product.
As economists warned of the devastating impact the bailout would have on the Cypriot economy, ordinary Cypriots attempted to come to terms with a new reality.
Slovenia, which is struggling to avoid a bailout, must issue a bond by June 6 to meet its financial obligations, the former Prime Minister said.
The British media enjoy any opportunity to hail or condemn Margaret Thatcher, and the current Chancellor's 2013 budget gave them such a moment.
Constantly in the public eye since her birth, Chelsea Clinton has traditionally shied away from the media, yet she opens up for the CNBC Meets profile on her father.
The head of Cyprus' influential Orthodox church, Archbishop Chrysostomos II, says he will put the church's assets at the country's disposal to help pull it out of a financial crisis.
The handling of the Cyprus bailout threatens to derail all the hard work that has gone into boosting sentiment in the euro zone, said analysts.