Europe News


  • Pasta baron apologizes for anti-gay comments Friday, 27 Sep 2013 | 5:41 PM ET
    Guido Barilla

    "It is clear that I have a lot to learn about the lively debate concerning the evolution of the family," Barilla said in a videotaped apology.

  • Gold mine hits rich seam of Greek red tape Tuesday, 1 Oct 2013 | 6:24 AM ET

    A planned Greek gold mine that would provide jobs and boost a local economy is being held up by, bureaucracy says an Australian miner.

  • Greek police arrest leader of Golden Dawn party Saturday, 28 Sep 2013 | 4:24 AM ET
    Golden Dawn party leader Nikolaos Mihaloliakos delivering a speech to members in February.

    Greek police arrested the leader and the spokesman of the far-right Golden Dawn party on charges of founding a criminal organization, police said.

  • Is a Halal food market boom on its way? Friday, 27 Sep 2013 | 11:51 AM ET
    A halal butcher

    The halal food market has huge potential for growth after being largely neglected in the U.K.

  • UK acts to reduce housing bubble fears Friday, 27 Sep 2013 | 4:04 AM ET

    The Bank of England could get new advisory powers to intervene in Britain's Help to Buy scheme, if there are signs it is creating a housing bubble.

  • The climate change wake-up call for business? Friday, 27 Sep 2013 | 7:22 AM ET

    It still remains to be seen whether a new UN report will push governments and businesses into halting the march of global warming.

  • Plumber discovers cash stash in Dublin mansion Friday, 27 Sep 2013 | 6:27 AM ET

    Around 200,000 euros have been found in the bathroom of a Dublin mansion formerly owned by a bust ex-IRA property entrepreneur.

  • Italy in crisis as Letta struggles to secure budget Friday, 27 Sep 2013 | 5:00 AM ET
    New Italian Prime Minister Enrico Letta

    Italy's coalition government appeared increasingly fragile after premier Enrico Letta struggled to secure a package of spending and tax measures

  • Britain's Royal Mail valued at up to $5.3 billion Friday, 27 Sep 2013 | 5:08 AM ET

    The British government said on Friday it would offer shares in state-owned Royal Mail at between 260 pence and 330 pence each in its London listing, valuing the company at as much as 3.3 billion pounds.

  • Mark Carney, governor of the Bank of England, at the bank's quarterly inflation report news conference

    Mark Carney, the new governor of the Bank of England has said the U.K. economy is recovering and he doesn't see the need for further bond-buying by the central bank.

  • Is Ireland turning its back on Guinness? Friday, 27 Sep 2013 | 12:23 AM ET

    The black stout is synonymous with Ireland, but despite it all, Guinness' domestic reputation has taken a hit of late. The CSM reports.

  • US tech giants join forces against EU ‘patent trolls’ Thursday, 26 Sep 2013 | 11:23 AM ET
    Apple iPhone 5c devices

    Some of the world's biggest technology companies are urging the European Union's leaders to stem the tide of "patent trolls" in Europe.

  • Italian President Giorgio Napolitano

    Giorgio Napolitano pulls out of a political conference, citing the "disturbing" political developments concerning the country's fragile coalition government.

  • Rich Russians lured to ‘Britain’s Palm Beach’ Thursday, 26 Sep 2013 | 8:01 AM ET
    Sandbanks Beach in Dorset, England

    The U.K. is not usually seen as a prime location for second homes, but a growing number of Russians are snapping up real estate on a strip of coastline dubbed “Britain’s Palm Beach.”

  • EU threatens to stop sharing terrorist data with US Thursday, 26 Sep 2013 | 10:08 AM ET

    EU lawmakers have called for the suspension of a controversial financial data sharing agreement between the European Union (EU) and the U.S. aimed at tracking terrorists' funds.

  • Bonuses: EU lawmaker dismisses UK legal action Thursday, 26 Sep 2013 | 5:52 AM ET

    The European Union politician behind controversial legislation to cap bonus payments dismissed the U.K. government's plans to challenge them on CNBC.

  • French business chief slams 2014 budget Thursday, 26 Sep 2013 | 7:25 AM ET

    Despite the pro-business tone of France's 2014 budget, the country's largest business lobbying group said the proposals presented by the government on Wednesday were a blow for competitiveness, growth and jobs.

  • Barclays to ax wealth management in 130 countries Thursday, 26 Sep 2013 | 7:42 AM ET

    Barclays will stop offering wealth management services in about 130 countries by 2016 and cut jobs

  • Banking union needed 'as soon as possible': Trichet Wednesday, 25 Sep 2013 | 11:45 PM ET

    Europe must make a decision as soon as possible on setting up a strong central authority to handle failing lenders, a key plank of establishing a successful banking union, former European Central Bank (ECB) president Jean Claude Trichet urged on Thursday.

  • Japan’s Lixil in $4 billion deal with Germany's Grohe Thursday, 26 Sep 2013 | 3:06 AM ET

    Lixil Group has reached a basic agreement to buy Grohe, Europe's biggest bathroom installations maker, for about 400 billion yen ($4 billion).

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