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A spat has broken out between Hungary's Economy Ministry and Roubini Global Economics about who is to blame for the downward spiral of the national currency, the forint, after Roubini's firm Roubini Global Economics(RGE) recommended shorting the currency.
CNBC's Ross Westgate reports on all the market moving events from around the globe, as the euro moves into positive territory.
Europeans' appetite for turkeys and Christmas getaways pushed up the cost of living in the euro zone in December, but the European Central Bank expects the rate of inflation to cool this year.
Europe's banks are have become less reliant on central bank funding, European Central Bank policymaker Ewald Nowotny told CNBC on Wednesday.
Ewald Nowotny, governor of the Austrian Central Bank and ECB policymaker, speaks to CNBC about the outlook for the euro zone in 2013 and the levels of growth expected.
Germany’s economic strength is showing increased signs of fading, as the euro zone crisis continues.
As southern euro zone countries groan under the weight of austerity measures, the Baltic country Latvia has been so enthusiastic and seemingly successful in its application of austerity measures that even the International Monetary Fund (IMF) has warned Latvia to not go too far.
A helicopter crashed into a crane in south London Wednesday morning at around 8 a.m. local time, close to Vauxhall train station.
Demand for new cars in Europe fell to the lowest level recorded since 1995, closing a year burdened by heavy declines in all major euro zone economies.
An election on Sunday in Germany's second-biggest state will be a crucial test of Chancellor Angela Merkel's chances of winning a third term.
Karen Cho takes you through the European market open where all eyes are on US earnings with Goldman Sachs and JPMorgan due to report.
Andrew Burns, lead economist at the World Bank, tells CNBC why the risks in 2013 are less negative and we could see surprises to the upside.
One of the more notorious market bears has tempered his trademark gloomy predictions boosting the hopes of bulls for a broader shift in investor sentiment. The FT reports.
Ken Clarke has stepped up the pro-European rhetoric as the battle over Britain's future in the EU intensifies, warning that a referendum on the issue is a "gamble" and that David Cameron may be about to open the door accidentally to a British exit, the Financial Times reports.
James Ashley, Senior Economist at RBC Capital Markets says while Germany's economic fundamentals are strong, the external environment is impacting its growth.
Michael McCarthy, Chief Market Strategist at CMC Markets says that current official forecasts indicating a strong euro zone recovery are wildly optimistic.
The world's second-biggest holder of gold reserves, Germany, is planning to bring home some of its gold held in New York and Paris - a move that would mark a breakdown of trust between the world's major central banks, analysts said.
Mariano Rajoy has called on Germany and other creditor countries in the euro zone to do more to stimulate growth, arguing that a switch to a more expansionary policy would boost economic recovery across the single currency area. The Financial Times reports.
Goldman Sachs backed down on Tuesday on its plan to delay paying U.K. bonuses in order to benefit from an imminent cut in the top personal tax rate.
Joel Stainton, head of research and trading strategy at SEB Futures, joined CNBC for a technical look at copper, sterling 1-year, and the EU economy.
Bitcoin fans learnt that one of the virtual currency's exchanges will enforce customer verification checks from Thursday.
Google is challanging Apple's iPhone with MotoX, the FT reports.
The recent move by the Swiss government to allow banks to sidestep secrecy laws won't prevent them from depositing money in the country.
Bernard Charles, CEO of Dassault Systemes, discusses the acquisition of Realtime Technology, a 3D visualization software provider.
Geoffrey Yu, FX strategist at UBS, discusses the potential movement of sterling after U.K. Chancellor George Osborne delivers his Autumn Statement.
Rajeev Talwar, group executive director of DLF, says the Indian economy is on the "brink of a comeback" from slowing growth but reforms need to take place in real estate sector.