As France's Prime Minister visits Germany, experts say the two countries could learn a few economic lessons from each other.» Read More
Italian finance police on Tuesday conducted search and seizures of 41 soccer clubs, including 18 top league teams, on suspicion of tax evasion and money laundering in the buying and selling of players.
Ireland's opposition called for a full inquiry into the collapse of the country's financial system in 2008, after a newspaper published recordings of talks between Anglo Irish Bank executives about a bailout.
Greek Prime Minister Antonis Samaras reshuffled his cabinet on Monday, aiming to bolster his government days after the smallest party in the ruling coalition quit over the closure of state TV.
The former head of the European Central Bank told CNBC that central banks can only do so much to jump-start a global recovery.
European ministers are likely to reach a deal on banking reform on Wednesday, the EU's economic and monetary affairs commissioner Olli Rehn told CNBC.
French restaurants are increasingly serving diners frozen meals or ready-to-eat plastic sealed meals, attracted by its economic advantage. The Christian Science Monitor reports.
The emir of Qatar, Sheikh Hamad bin Khalifa al-Thani, 61, informed members of the ruling family on Monday of his decision to hand power to Crown Prince Sheikh Tamim, the Qatari-owned television channel Al Jazeera said.
Italian judges found former Prime Minister Silvio Berlusconi guilty of having sex with a minor and abuse of power, giving him seven years in jail and imposing a lifetime ban on holding office.
French police questioned flamboyant tycoon Bernard Tapie on Monday in a fraud investigation that threatens to damage ex-president Nicolas Sarkozy's hopes of a political comeback.
An influx of rich Europeans to London is causing the cost of living for the ultra-wealthy to surge, a private wealth management firm reported on Monday.
European Commissioner Michel Barnier struck back on Monday at a French minister calling his remarks "absurd" and saying France should stop blaming others for its own problems.
Chancellor Angela Merkel put her cards on the table on Monday, maintaining her tough stance on austerity for debt-ridden euro zone nations in an election manifesto that could be at the center of EU policy for the next five years.
Low-interest rates and extra liquidity from central banks now needs to end to ensure a return to growth, a new report by the Bank for International Settlements (BIS) said.
Outspoken French Industry Minister Arnaud Montebourg accused European Commission President Jose Manuel Barroso on Sunday of fueling far-right groups across Europe.
Vodafone has agreed to buy Germany's largest cable operator Kabel Deutschland for 7.7 billion euros ($10 billion), betting on TV and fixed-line services in its biggest deal since 2007.
The G-8 failed to tackle growth-stifling trade imbalances in the world economy, with the U.S. unable to push surplus countries to boost domestic demand, writes Michael Ivanovitch.
South Africans appeared resigned on Monday to the inevitability of one day saying goodbye to former president Nelson Mandela after his condition in hospital deteriorated to critical.
A Milan court will decide on Monday whether Silvio Berlusconi paid for sex with an underage prostitute and abused his powers to cover it up.
housands of workers and unemployed people marched in Rome on Saturday to protest against record unemployment and call on Enrico Letta's two-month-old government to deliver more than empty rhetoric on the issue.
Europe failed to agree on how to share the cost of bank collapses on Saturday, as Germany resisted attempts by France to water down rules designed to spare taxpayers in future crises.
Get the best of CNBC in your inbox
Moritz Kraemer, chief rating officer for sovereign ratings at Standard & Poor's, says that the rise of euro-skepticism in Germany could mean the government hardens its stance.
European shares closed lower on Tuesday, after weak economic data weighed on sentiment and new tax rules in the U.S. hit the pharmaceutical sector.
Ulrich Grillo, president of the BDI says that without an additional 50 to 80 billion euros ($64-103 billion) in investments, Germany's future "is risky".