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  • In a rare outburst, German Chancellor Angela Merkel has said Greece should never have been allowed to join the single currency.

  • Dutch govt agrees to $8 billion in budget cuts Tuesday, 27 Aug 2013 | 12:26 PM ET
    Jeroen Dijsselbloem, the Netherlands's finance minister

    The Dutch government has agreed a further $8 billion in budget measures to honor the European Union's deficit ceiling next year, Finance Minister Jeroen Dijsselbloem told reporters.

  • German business sentiment hits 16-month high Tuesday, 27 Aug 2013 | 4:46 AM ET

    The upswing in German business sentiment continued in August, according to data from Germany's Ifo Institute released on Tuesday.

  • UK services sector strongest since pre-crisis boom Tuesday, 27 Aug 2013 | 3:30 AM ET
    Alexander Alioto

    The U.K.'s service sector grew to its highest level seen since before the financial crash of 2008, according to a new report released on Tuesday.

  • Petrofac diversifying portfolio as tensions rise Tuesday, 27 Aug 2013 | 1:55 AM ET
    The sun sets over an oil refinery in Saudi Arabia.

    The company reported a 12.5 percent fall in first half revenue and said its profit would be heavily weighted to the second half of the year.

  • BoE's Carney set to hit back against skeptical markets Tuesday, 27 Aug 2013 | 1:47 AM ET
    Mark Carney, governor of the Bank of England, at the bank's quarterly inflation report news conference

    Bank of England (BoE) Governor Mark Carney will make his first public speech on Wednesday and analysts expect him to try and persuade businesses that interest rates will remain low for the foreseeable future.

  • Antofagasta feels pain of falling copper prices Tuesday, 27 Aug 2013 | 1:35 AM ET

    Falling demand from China will likely cause an oversupply in the copper market by the end of this year and could weigh on prices for the metal until 2016, the CEO of copper miner Antofagasta told CNBC on Tuesday.

  • Zurich Insurance CFO found dead Monday, 26 Aug 2013 | 12:29 PM ET
    Pierre Wauthier, CFO of Zurich Insurance Group

    Zurich Insurance's chief financial officer, Pierre Wauthier, was found dead at his home Monday, the company announced in a release.

  • Ford says Western Europe auto sales stabilizing Monday, 26 Aug 2013 | 11:10 AM ET
    A 2013 Fiat Panda at a dealership in Rome

    Head of Ford European operations, Stephen Odell, said new vehicles sales in Western Europe are stabilizing and and "running along the bottom," Dow Jones reported Monday.

  • Visitors inspect a so-called 'sex box' during a doors open day at a sex drive-in recently unveiled by the city of Zurich.

    Switzerland's first ever drive-in "sex boxes" were opened in the city of Zurich on Monday in an attempt to force illegal prostitution out of the inner city.

  • The mayor of Estaimpuis, Daniel Senesael (R), welcomes French actor Gerard Depardieu before a ceremony held in his honor at the Chateau Bourgogne in Estaimpuis on August 24, 2013.

    French actor Gerard Depardieu threw a housewarming party this week end for over 200 guests after being made honorary citizen of the Belgian village he inhabits.

  • Italian stocks tumble as Berlusconi battle heats up Monday, 26 Aug 2013 | 8:50 AM ET
    Former Italian Prime Minister Silvio Berlusconi.

    Italy's FTSE MIB traded down 2.5 percent on Monday after members of Berlusconi's center-right People of Freedom (PDL) party threatened over the weekend to bring down Prime Minister Enrico Letta's government.

  • Telefonica raises offer for KPN's German business Monday, 26 Aug 2013 | 3:30 AM ET

    Spain's telecom giant Telefonica agreed to improved terms for KPN's German unit E-Plus in a deal that won support from the Dutch telecom group's biggest shareholder, América Móvil.

  • Political instability could damage Germany: CEOs Monday, 26 Aug 2013 | 2:44 AM ET

    German business leaders have warned that the country's next government must maintain political stability, as pressure mounts on Chancellor Angela Merkel ahead of elections.

  • Silvio Berlusconi attends a football match between AC Milan and Juventus FC.

    Members of Silvio Berlusconi's center-right party on Sunday openly warned they would bring down the government if their center-left coalition allies voted next month to expel the former prime minister from parliament.

  • Euro zone consumer morale jumps to 2-year high Friday, 23 Aug 2013 | 10:15 AM ET

    Consumer morale in the euro zone jumped to its highest level in two years in August, the European Commission said on Friday, adding to encouraging signs that the bloc has started to recover.

  • 'Abysmal' Dutch economy threatens euro zone Friday, 23 Aug 2013 | 6:47 AM ET
    Amsterdam, The Netherlands

    A housing crash, rising unemployment and weak growth leaves the AAA-rated Netherlands teetering on the brink of a credit downgrade. But analysts said more is at risk than the country's perfect credit rating.

  • Recovering UK economy shows faster growth Friday, 23 Aug 2013 | 4:58 AM ET

    Britain's economy grew faster than expected in the second quarter, benefiting from a broad-based pick-up in activity that looked to have put the country's recovery on a firmer footing.

  • Shunned by Europe, Greece turns to Saudi prince Friday, 23 Aug 2013 | 2:06 AM ET

    As European leaders openly disagree over whether Greece will get further financial aid, the country's prime minister has turned to Saudi billionaire Prince Alwaleed bin Talal for investment.

  • Italian coalition close to breaking point Friday, 23 Aug 2013 | 2:04 AM ET
    Silvio Berlusconi

    Relations between the partners in Italy's coalition government seemed close to breaking point on Thursday over whether to evict Silvio Berlusconi from parliament over a tax fraud conviction.

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