European shares closed flat to lower on Friday, as investors monitored developments in Russia and Scotland, and looked ahead to an important U.S. Federal Reserve meeting next week.» Read More
Ruth Lea, economic advisor at Arbuthnot Banking Group says fiscal stimulus proposed in the U.K. budget is too small.
Lord Digby Jones, UK business ambassador, tells CNBC that the removal of a 'tax on jobs' in the budget will benefit 400,000 small business in the UK enormously.
Alan Clarke, UK and euro zone economist, Scotiabank, tells CNBC that the Cyprus situation is very much a domestic issue and given Cyprus's small economy, it won't put southern euro zone countries under stress.
Pierre Moscovici, French finance minister, tells CNBC that they are trying to find the fairest solution in Cyprus but would welcome any alternative proposal which would protect small depositors.
George Buckley, chief U.K. economist at Deutsche Bank, and Ann Cairns, president, international markets at Mastercard give their thoughts on the coming U.K. budget with George Buckley expecting the Government to stick to its current plan, and Ann Cairns saying the focus should be turned towards helping SMEs.
John Hess, CEO and founder at Altius, tells CNBC what the 10 challenges facing the private equity sector are, including Europe and a bi-polar market.
Jonathan Compton, managing director, Bedlam Asset Management outlines why he thinks southern European countries are heading for default and gives his top stock picks.
Alan Capper, head of credit strategy at Lloyds Banking Group and Matthew Lynn, founder of Strategy Economics discuss on CNBC what the repercussions from the messy Cypriot bailout will be for the rest of Europe.
Eugen Weinberg, head of commodity research at Commerzbank, tells CNBC why he expects gold to stabilize, benefiting from uncertainty over Cyprus savings.
Guillermo Felices, head of European currency strategy at Barclays Capital, tells CNBC why he's bullish on the dollar and on US markets, which will outperform the rest of the world over the next year.
Mike Reed, partner and senior portfolio manager at Bluebay Global Convertible Bond Fund, tells CNBC that the fact depositors have been hit first and hardest in Cyprus should encourage investors to get out of deposits.
Liza Ermolenko, emerging markets economist at Capital Markets, tells CNBC why Cyprus' travails are unlikely to have too much of an effect on the Russian economy, although it might startle Russian investors out of the country.
Sharon Bowles, British Liberal MEP, tells CNBC why the Cypriot bailout terms are a breach of European directive and single-market principles
David Nowakowski, senior director of research at Roubini Global Economics and Gabriel Stein, MD of Stein Brothers discuss on CNBC how serious the situation in Cyprus is for the future of the euro zone.
European shares closed lower on Friday as investors booked gains after a 10-day global rally.
Nicholas Colas, chief market strategist at ConvergEx Group, says we are not in bubble territory yet.
Steven Saywell, European head of FX strategy at BNP Paribas, says because of the relatively small size of Cyprus, the market's focus is still on Italy.
Oleg Deripaska, the CEO of the world's largest aluminum company Rusal said global commodity producers need to cut output by up to 10 percent.