Part of the company that owns Banco Espirito Santo has applied for creditor protection, meanwhile analysts weigh up chances of a bailout.» Read More
Russia is set for 10 years of anemic growth, according to economists, who said the slowdown is predominantly due to low investment and structural factors.
To really take the shine off the euro, policymakers need to show they are serious about pushing rates into negative territory.
Kumar Palghat, Founder & Director at Kapstream tells CNBC's Cash Flow why he's been avoiding European equities.
Paul Krake, Founder of View from the Peak: Macro Strategies, thinks Japan's QE program could be a potential disaster, particularly for the rest of Asia, Germany, and certain U.S. corporates.
CNBC's Rick Santelli talks with Daniel Stecich, TJM Institutional Services, about consumer debt in Europe.
CNBC's Simon Hobbs reports on all the market moving events in Europe today, as GDP data for the entire euro zone showed contraction for the sixth straight quarter.
Louisa Bojesen takes you through the European market close where stocks have ended higher.
The raid on Cypriot bank deposits emphasizes the need for a region-wide banking union, Standard & Poor's (S&P) warned on Wednesday.
The chief executive of French bank Societe Generale's Russian unit, Rosbank, has been detained on suspicion of receiving illegal payments, Russia's Interior Ministry said on Wednesday.
Germany's economic data are concerning because they show "de-facto stagnation," one of Angela Merkel's top economic advisors and one of the country's five "wise men" has warned.
The Bank of England bucked the trend of its recent forecasts on Wednesday by modestly upgrading its growth outlook and penciling in a faster fall in inflation.
The euro zone's economy contracted for the sixth straight quarter at the start of this year, marking its longest recession on records dating back to 1995.
David Owen, chief European economist at Jefferies International, tells CNBC people are going to have to look again at their 2013 forecasts overall as recession in the euro zone shows no sign of abating.
Dieter Wemmer, CFO of Europe¿s largest insurer, Allianz SE, tells CNBC that the company has drafted a their business model well to succeed in a low growth European environment.
The man who coined the term "Grexit" said the risks of a Greek exit from the euro zone have not gone away, despite the country having its credit rating upgraded on Tuesday.
Peter Bofinger, economist from the German Council of Economic Experts, tells CNBC that he is concerned that the worst of the euro zone crisis is not over and it is spreading to the core.
The number of Britons claiming unemployment benefit fell much more than expected in April, official data showed on Wednesday.
European shares were mixed on Wednesday despite France's fall into recession and Germany's worse- than-forecast growth figure, with analysts seeing the data as a "glass half full" scenario for markets.
U.K. pound shop chain Poundland said on Tuesday that it planned to cut its prices to 97 pence in some stores in an attempt to undercut rivals.
Daniele Antonucci, senior European economist at Morgan Stanley, tells CNBC there is the perception of a policy backstop in the euro zone, which enables a search for yield despite poor macro data.
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Tim Graf, head of macro strategy for Europe at State Street Global Markets, says that global confidence, while still high, is deteriorating.
The underlying problems in Europe's southern economies have not been solved, says Hans-Werner Sinn, president at the Ifo Institute. He also criticizes the ECB potential use of quantitative easing.
Nik Stanojevic, equity analyst at Brewin Dolphin, says Iliad's bid to take over T-Mobile U.S. is surprising and that the price is below the U.S. provider's value.