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  • 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.

  • Miner's Shares Surge After It Finds 100-Carat Diamond Wednesday, 26 Jun 2013 | 5:07 AM ET
    A diamond cut from Gem Diamond's 'Lesotho Promise,' found at the Lesotho mine in 2006

    Mining company Gem Diamonds, announced on Wednesday it had found a 100 carat rough diamond, the third big diamond found by the company in just two months.

  • German Consumer Sentiment Highest in Almost 6 Years Wednesday, 26 Jun 2013 | 2:12 AM ET
    Shoppers in Berlin

    Morale among German consumers rose to its highest level in almost six years heading into July thanks to a robust labor market and strong wage hikes, adding to signs that Europe's largest economy is slowly recovering.

  • EU Tries (Again) to Shield Taxpayers From Bank Failure Wednesday, 26 Jun 2013 | 2:04 AM ET

    The European Union will make a fresh attempt on Wednesday to share out the costs of future bank failures, starting a regime to spare taxpayers further bailouts.

  • Italy Could Be Riskiest of EU Coalitions: JPMorgan Tuesday, 25 Jun 2013 | 12:59 PM ET
    New Italian Prime Minister Enrico Letta

    With fresh political crises hitting the fragile coalition governments in Italy, Greece and Portugal, JPMorgan warned on Tuesday that tensions could prove unmanageable in the long-term.

  • The Unseen Legacy of Europe's Crisis Tuesday, 25 Jun 2013 | 10:13 AM ET

    Europe does not only suffer from unemployment but also underemployment with workers who are overqualified, interns who are unpaid and part-time employees who want full-time work, which could leave a permanent mark on a generation.

  • Draghi: Bond-Buying Program More Essential Than Ever Tuesday, 25 Jun 2013 | 8:46 AM ET
    Mario Draghi

    An "accommodative" monetary policy is still appropriate for the European Central Bank, ECB President Mario Draghi has said.

  • BoE's King: Markets Have Jumped Gun on Interest Rates Tuesday, 25 Jun 2013 | 8:42 AM ET
    Mervyn King, Governor of the Bank of England

    Outgoing Bank of England Governor Mervyn King said that markets have "jumped the gun" about when central banks are likely to start raising interest rates.

  • Samsung in Talks to Settle EU Antitrust Case Tuesday, 25 Jun 2013 | 6:21 AM ET

    Samsung Electronics is in early talks with the EU antitrust regulator to settle charges that it abused its market position by barring Apple from using an essential mobile phone patent. The talks come after the European Commission told Samsung it was acting unfairly by seeking injunctions against Apple.

  • Europe Is Wasting Time: Euro Architect Issing Tuesday, 25 Jun 2013 | 4:48 AM ET

    The euro zone has squandered precious time in making reforms during a time of central bank support for the economy, the president of the Center for Financial Studies, Otmar Issing, told CNBC on Tuesday.

  • Italy Police Investigate Soccer Clubs on Player Trades Tuesday, 25 Jun 2013 | 4:44 AM ET

    Italian finance police on Tuesday conducted search and seizures of 41 soccer clubs, including 18 top league teams, on suspicion of tax evasion and money laundering in the buying and selling of players.

  • 'Shocking to the Core': Irish Bank Talk Tapes Leak Tuesday, 25 Jun 2013 | 3:07 AM ET

    Ireland's opposition called for a full inquiry into the collapse of the country's financial system in 2008, after a newspaper published recordings of talks between Anglo Irish Bank executives about a bailout.

  • Greek PM Reshuffles Cabinet to Overcome Crisis Tuesday, 25 Jun 2013 | 2:54 AM ET

    Greek Prime Minister Antonis Samaras reshuffled his cabinet on Monday, aiming to bolster his government days after the smallest party in the ruling coalition quit over the closure of state TV.

  • Bernanke Is Doing the Right Thing: Trichet Tuesday, 25 Jun 2013 | 2:29 AM ET
    Jean-Claude Trichet

    The former head of the European Central Bank told CNBC that central banks can only do so much to jump-start a global recovery.

  • Banking Reform Deal Is in Sight, Says EU's Rehn Monday, 24 Jun 2013 | 11:56 PM ET

    European ministers are likely to reach a deal on banking reform on Wednesday, the EU's economic and monetary affairs commissioner Olli Rehn told CNBC.

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