Shares in troubled Portuguese lender Banco Espirito Santo slumped 50 percent on Thursday, after trading in the stock resumed following poor results.» Read More
Nicola Borri, economics professor at LUISS Guido Carli University, questions how long an Italian bi-partisan government will last as he says there is no bi-partisan support on economic issues.
U.K. GDP grew 0.3 percent in the first quarter of 2013 but analysts warned that the economy will struggle in the months ahead.
The French Finance Minister Pierre Moscovici took to Twitter on Wednesday to deny that he had fallen asleep during Cypriot bailout talks, slamming what he called "French bashing."
The French government should be fully aware of the damage high taxes will inflict on France's business-friendly credentials including driving away entrepreneurs, Bernard Charles, CEO of the French specialist software maker Dassault Systemes told CNBC.
The euro zone's biggest bank Santander on Thursday posted a 25.9 percent drop in net profit from a year ago to 1.2 billion euros ($1.6 billion), missing analyst forecasts in a Reuters poll.
Steve Sedgwick takes you through the European market open, where stocks have come in mixed on the back of earnings season.
The U.K. economy grew more than expected in the first quarter and George Osborne pointed to signs of healing. But three charts show why the U.K.'s austerity plan is so controversial and why many argue it isn't working.
Italy's political deadlock may be over after the country's President nominated center-left politician Enrico Letta as prime minister on Wednesday. He has already signaled that Italy could now turn away from austerity.
David Lea, senior analyst at Control Risks, tells CNBC in the long game Beppe Grillo may be empowered as the only opposition in Italy but in the short-term he is out in the cold.
Ben Noteboom, CEO of Randstad, tells CNBC that throughout the quarter numbers have improved in the Europe and the trend is positive.
The global economy is showing signs of slowing yet global stock markets are back near their highs for the year on growing expectations the ECB will soon join other central banks with a more expansionary policy.
ECB policymakers rebuffed suggestions that Europe should ease up on austerity and said that while the central bank has room to cut interest rates, such a move would not necessarily help the economy much.
Greg Matwejev, Director of FX, Hedge Fund Sales and Trading for Newedge Asia Pacific says an ECB rate cut at the next meeting next week (May 2) is a done deal.
Richard Martin, Managing Director at IMA Asia says not to expect any more budget cuts out of Europe because there has been a shift in mood worldwide that austerity is not working.
South Africa is the world's biggest gold producer after China, so you would expect this year's 15.6 percent drop in gold to have a big impact. Not so.
Jean-Claude Biver, chairman at Hublot, talks about the outlook for Swiss watch and says that many regions are booming such as Latin America and Russia, and how Europe is a growth area.
CNBC's Simon Hobbs reports on today's market moving events from Europe today, as political confidence in Italy grows.
European shares closed higher on Wednesday, after weak German business sentiment data spurred hopes the ECB might move to cut interest rates when it meets next week.
Tim Urquhart, senior automotive analyst at IHS, discusses European auto makers' results, and says that the big issue for Peugeot is its structural dependence on the European market.
The European Central Bank needs to by-pass dysfunctional banks through a TARP-like program, said one European CIO.
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John Stephenson, president and CEO of Stephenson & Company Capital Management, discusses ExxonMobil ahead of earnings and says the results should be "pretty good".
The euro zone is probably already in deflation, says Mario Greco, CEO of Generali, adding that Europe needs more reforms to boost its labour market and competitiveness.
James Rickards, chief global strategist at West Shore Funds and author of 'The Death of Money', says it's too early to say whether Argentina's default will be contained.