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  • German Banks an Accident Waiting to Happen: Expert Friday, 28 Jun 2013 | 5:48 AM ET
    Deutsche Bank, Frankfurt

    Germany's banking system is one of the worst in the world, according to Paul Gambles, managing partner at advisory firm MBMG International, who told CNBC that Deutsche Bank is over-leveraged and is an accident waiting to happen.

  • ECB Denies Discussing Fed-Style Bond Programs Friday, 28 Jun 2013 | 3:36 AM ET

    The European Central Bank denied a German newspaper report that it was considering launching a new bond purchase program under which it would buy debt of all 17 euro zone countries.

  • Carney Takes BoE Reins Amid Bond 'Carnage' Friday, 28 Jun 2013 | 2:11 AM ET
    Incoming Bank of England Governor Mark Carney

    The U.K. economy is likely to get another dose of monetary stimulus with the arrival of Mark Carney as the new governor of the Bank of England.

  • Merkel Slams Irish Bankers for 'Damaging Democracy' Friday, 28 Jun 2013 | 1:21 AM ET
    German Chancellor Angela Merkel

    Chancellor Angela Merkel forcefully condemned on Friday the conduct of Irish bankers who were caught on tape joking about a bailout deal and mocking Germany.

  • European leaders agreed on new steps to fight youth unemployment and promote lending to credit-starved small business on Thursday after deals on banking resolution and the long-term EU budget.

  • Fashion Boss Missoni's Missing Plane Found Thursday, 27 Jun 2013 | 9:06 PM ET

    Venezuelan authorities said that a missing aircraft carrying Italian fashion boss and presumed lost at sea almost six months ago had been found. The Financial Times reports.

  • Thriving UK Housing Market Creates More Millionaires Thursday, 27 Jun 2013 | 7:00 PM ET

    More than 300,000 British homes are worth over £1 million pounds ($1.5 million), up 32 percent on last year, according to a property "rich list" out on Friday.

  • Europe's New Banking Union: Why You Should Care Thursday, 27 Jun 2013 | 4:02 PM ET

    After a marathon meeting, EU finance ministers finally agreed to rules about what to do when a bank collapses.

  • Turkish Finance Minister: Protests a 'Hiccup' for Economy Thursday, 27 Jun 2013 | 11:14 AM ET
    Protesters gather in Taksim Square.

    Protests in Turkey that have led to weeks of turmoil and exacerbated a sell-off in the lira and Turkish stocks have been described as a "hiccup".

  • France Likely to Miss Deficit Target, Auditors Warn Thursday, 27 Jun 2013 | 6:57 AM ET

    French national auditors warned the French government on Thursday that it was likely to miss revised budget targets this year, putting it on course to break a pledge it made to the European Commission.

  • EU Strikes Deal Over Long-Term Budget Thursday, 27 Jun 2013 | 6:45 AM ET
    Jose Manuel Barroso

    EU governments struck a deal with the head of the European Parliament to finalize the bloc's long-term budget, ending months of doubt over nearly 1 trillion euros ($1.3 trillion) in future funding.

  • Protests, Riots: Why You Should Brace for More Thursday, 27 Jun 2013 | 5:14 AM ET

    As Egypt braces for massive demonstrations on Sunday and unrest simmers in Brazil and Turkey, analysts warn that we could be in for another "season of discontent."

  • French Consumer Confidence at All-Time Low Thursday, 27 Jun 2013 | 3:57 AM ET

    Morale among French consumers is at an all-time low and they are more pessimistic than ever about their future living standards, data showed on Thursday.

  • Jobless Spanish Nurses Jump at Dutch Opportunities Thursday, 27 Jun 2013 | 1:48 AM ET

    Nurse recruiting firm Roca-BHR drew more than 800 applicants in Spain last year when it offered guaranteed jobs in the Netherlands caring for the elderly to those who were willing to take an intensive course in Dutch.

  • EU Strikes Deal on Who Will Pay for Bank Bailouts Wednesday, 26 Jun 2013 | 11:27 PM ET

    Finance ministers from the EU reached a deal to set up rules about who would have to foot the bill for any future bank bailouts to avoid costs to tax payers.

  • Queen of England Makes Record Profit From Property Wednesday, 26 Jun 2013 | 7:34 PM ET
    Queen Elizabeth II views stacks of gold as she visits the Bank of England with Prince Philip, Duke of Edinburgh on December 13, 2012 in London, England.

    Britain's Crown Estate on Thursday said it made record profit in the year to March, thanks to the strong performance of its central London properties.

  • Massive Protests to Test Egypt Again Wednesday, 26 Jun 2013 | 6:44 PM ET

    Egypt is bracing for massive demonstrations on Sunday, in the most serious threat to the nation's tenuous stability since the ousting of its former president, over two years ago. Protesters will call for Mursi's removal.

  • Pain Ahead for Britons as New Cuts Unveiled Wednesday, 26 Jun 2013 | 8:28 AM ET

    Britain's finance minister George Osborne unveiled his plans for another round of government spending cuts on Wednesday as he tried to keep his deficit reduction drive on track despite stiff opposition to his policies.

  • Italy's treasury denied on Wednesday its use of derivatives as a hedge on its huge debt pile posed any risk to public finances.

  • Glencore Founder and Fugitive Marc Rich Dead at 78 Wednesday, 26 Jun 2013 | 5:29 AM ET
    Marc Rich, founder of Glencore.

    Marc Rich, the founder of Glencore and later fugitive who was controversially pardoned by President Bill Clinton on his last day in office has died in Switzerland.

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