There were strong signals Tuesday that the European Union is preparing to step up its economic sanctions against Russia.» Read More
Cyprus's parliament voted to back an EU bailout on Tuesday, tying lawmakers to impose substantial losses on bank depositors, and wind down one of the its biggest banks.
European shares pared gains on Tuesday to close lower, after a raft of euro zone economic data softened earlier rises from positive earnings reports.
Geoff Wilkinson, says the European market recovery is at odds with fundamentals, and highlights the performance of the banking sector.
Alison Cooper, CEO of Imperial Tobacco, said cigarette and tobacco sales in Germany were "excellent," despite EU weakness.
CNBC's Ross Westgate reports on all the market moving events from Europe, as a slew of economic data was released from the euro zone.
Billionaire investor George Soros has struck back for distorting his arguments on Germany's role in the euro zone.
The Independence Party may have won the most votes, but the Progressive Party in Iceland is the real winner of the election.
The odds of a rate cut by the European Central Bank increased significantly on Tuesday after euro zone inflation eased to a two-year low and unemployment hit a new record high.
Alison Cooper, CEO of Imperial Tobacco, highlights the rise of illicit tobacco products following quarterly results and explains why it will continue to lobby the EU.
David Enrich, European banking editor at Wall Street Journal, discusses European banks' quarterly results and says the positive outcome of the crisis is that banks have refocused on core areas.
Increasingly, people on the financially stricken island of Cyprus are focusing their anger on the European Central Bank, the NYT reports.
Spain's GDP figures were in line with estimates from the Bank of Spain, but the country has now reported seven consecutive quarters of contraction and the government is easing up on austerity measures.
Karen Tso takes you through the European market open where stocks have come in higher.
The troubled European car market is now dragging down even Volkswagen, the region's leading automaker. The New York Times reports.
With Spain in the doldrums, many Spaniards are coming to the Americas, where economic indicators point admirably upward, the GlobalPost reports.
Efi Xanthou, International press relations for the Green Party in Cyprus, tells CNBC that she continues to oppose the euro zone bailout as it will destroy Cyprus's financial sector which made up 40 percent of GDP.
Sergio Ermotti, CEO of UBS, talks to CNBC about the banks profit beat in the first quarter and investor sentiment in the financial industry.
UBS CEO told CNBC Tuesday that the company is reaping the benefits of its radical restructuring, after the company reported a net profit of 988 million Swiss francs, beating expectations of a 510 million Swiss francs profit.
Deutsche Bank said it will beef up its balance sheet with a 2.8 billion euro capital increase and unveiled forecast-beating first-quarter earnings following a wave of aggressive cost cuts.
Willem Nabarro, Head of European Equities for Asia at Exane-BNP Paribas says a 25 basis point rate cut from the ECB is already priced in, adding that the market can actually expect something more.
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European shares closed higher on Tuesday with investors shrugging off concerns surrounding events in both Gaza and Ukraine.
Scott Kessler, information technology group director and senior equity analyst at S&P Capital IQ, discusses Apple ahead of the group's quarterly results and says expectations are now ahead of reality.
Shari Olefson, real estate attorney and author of "Foreclosure Nation", says there are still "two major headwinds" for U.S. home sales ahead of the release of the latest existing home sales data.