The cabinet reshuffle taking place at the heart of the French government will restore confidence, according to Jean-Claude Trichet, the former president of the ECB.
U.K.-based advertising giant WPP reported strong sales at its Russian operations but warned that Western sanctions will start to eat into profits.
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A Promo video for CNBC Meets HRH The Duke of York
CNBC Meets' Tania Bryer speaks to HRH The Duke of York, second son of reigning monarch Queen Elizabeth II and the Duke of Edinburgh.
In part two, HRH The Duke of York, Prince Andrew talks about his latest charitable projects, public duties and how he addresses his mother, The Queen.