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Germany, the euro zone's largest economy, is on track for a recovery thanks to a pick-up in demand for its products from abroad, the Bundesbank said on Tuesday.
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Although the stream of gloomy economic data for the euro zone continues unabated, new downbeat forecasts by the European Central Bank's staff as well as Germany's central bank are too negative, Giles Keating, Head of Research at Credit Suisse said on Friday.
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Following the sharp selloff in the euro, foreign exchange strategists tell CNBC they expect the single currency to bounce back quickly.
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Greece says it is sticking to plans to close its offer to buy back its own bonds from investors on Friday in a deal that should meet a debt write down target set by its international lenders.
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France's finance minister said on Friday he was not campaigning to replace Jean-Claude Juncker as the new chairman of euro zone finance ministers.
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Shares of Italian fashion house Prada surged as much as 7.9 percent to an all-time high on Friday after the Milan-based company posted forecast-beating quarterly results.
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The bank slashed its forecasts for the euro zone economy on Thursday, showing a contraction next year was very likely before a return to growth in 2014.
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The U.K. government should be doing more to promote growth if the country is going to revive its struggling economy, shadow finance minister Ed Balls told CNBC on Thursday, as new data emerged showing that the U.K. is likely to enter into a triple-dip recession.
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Starbucks $450 gift card is made of stainless steel and will only be available in limited quantities through a luxury goods website. Is the Starbucks $450 steel gift card a sign that Starbucks is going "1 percent" on us? Or is it just harmless, splurgy fun?
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An odd alliance between pro-democracy activists and Mubarak loyalists is raising eyebrows. Who is playing who?
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Dr. Markus Kerber, chief executive at the German Federation of Industry talks to CNBC about what Europe needs to create growth, the German election campaign and how the German economy will look in 2013.
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Robert Musetti, Global Head of Institutional Sales, Cash Equity, Derivatives and Financing, Asia Pacific, BNP Paribas says that Asia is an underperformer relative to Europe and the United States. He explains why.
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Kevin Gaynor, Co-head of Macro Strategy Research, Nomura is bullish on China in Q4 and Q1 next year, but explains why growth is expected to fade rapidly in the second half of 2013.
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Melissa Kidd, Director from Lombard Street Research says investors shouldn't be too optimistic on the recent rebound in China data because they come from a very low base. The overall picture for China economy and markets is still very bearish.
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Paul Krake, Founder of View from the Peak: Macro Strategies, says investors shouldn't expect much from the ECB or BOE meetings later today as both central banks look set to sit on their hands.
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The Bank of England left monetary policy unchanged on Thursday as expected, voting as it did last month not to buy more government bonds and pump money into Britain's stagnant economy.
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The accord to wind down a Franco-German power-sharing pact came weeks after talks broke down to merge the group with UK arms firm BAE Systems, taking advantage of the groundwork for the failed $45 billion deal.
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The European Central Bank is likely to keep interest rates on hold on Thursday but may offer clues on its policy path for next year with updated forecasts likely to present a grim outlook for the euro zone economy in 2013.
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A U.S. port workers union has accused APM Terminals, a port operator of A.P. Moller-Maersk, of spying on union representatives in Los Angeles by tapping their phones.
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Standard & Poor's cut Greece's sovereign long-term foreign currency credit rating to "selective default" from an already low "CCC" rating.
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The euro fell from a seven-week high Wednesday after a disappointing Spanish bond auction and weak euro zone economic data.
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Further unrest in the South African mining sector has increased the chances of another credit rating downgrade, an analyst told CNBC.
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The big divergence over the past few months in the direction of the S&P 500 and copper.
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Citigroup's Jonathan Stubbs told CNBC that European equities have "rarely" been so appealing to investors.
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Rumors that Brazil's social security fund called Bolsa Familia was to be cancelled led to a bank run over the weekend.
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An independent Scotland is at risk of a Cyprus-style banking crisis, as its banking sector would be "exceptionally large."
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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 regarding the EU.
Europe Video
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Louisa Bojesen takes you through the European market close, where stocks have come in lower on Fed fears.
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Eric Wasserstrom, managing director at Suntrust Robinson Humphrey, tells CNBC that in his own view the Jamie Dimon JPMorgan vote is unlikely to garner sufficient support to compel the board to make a change.
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Jed Kolko, chief economist at Trulia, tells CNBC that the housing starts tumble is likely to be a blip and should recover next month.