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  • Austrian architect Wolf Prix of CooP Himmelblau gestures during a media tour of the the new European Central Bank (ECB) headquarters on September 20, 2012 in Frankfurt, Germany.

    A dramatic anti-austerity vote leaves Italy lying outside the fortress the European Central Bank constructed around the euro zone last September.

  • Ireland Prime Minister: Pain Not Over Yet Thursday, 28 Feb 2013 | 6:44 AM ET
    Irish Prime Minister Enda Kenny.

    Ireland has gone from having "no credibility or integrity internationally" and unsustainable debt to a recovery based on tough cost savings, but the pain is not over yet, Irish Prime Minister Enda Kenny told CNBC.

  • Global Markets: European Shares Trade Higher     Thursday, 28 Feb 2013 | 6:12 AM ET

    CNBC's Kelly Evans reports political fallout from the Italian election produced name-calling from Germany and is causing problems in European policymaking.

  • Taoiseach: Irish Economy Fragile but Improving     Thursday, 28 Feb 2013 | 5:30 AM ET

    Enda Kenny, Taoiseach of Ireland, tells CNBC that Ireland's economy is improving and a reflection of improving investor confidence in the country, although there are still enormous challenges to overcome.

  • ECB Needn't Interfere Again In Europe: Expert     Thursday, 28 Feb 2013 | 4:30 AM ET

    Tobias S. Blattner, director economic research at Daiwa Capital Markets, tells CNBC why the ECB should refrain from using any of its emergency powers unless the economic situation takes a turn for the worse.

  • Bankia Ready for Turnaround After Record 2012 Loss Thursday, 28 Feb 2013 | 3:48 AM ET

    Spain's rescued lender Bankia said on Thursday it was in a solid position to return to profit, after writedowns on rotten property assets led it to post Spain's biggest ever corporate loss for 2012.

  • European Markets Open Higher     Thursday, 28 Feb 2013 | 3:00 AM ET

    Carolin Roth takes you through the European market open, where stocks have come in higher after a very strong session in the United States.

  • Ireland Can't Deal With Austerity Forever: CEO     Thursday, 28 Feb 2013 | 2:20 AM ET

    Gary McGann, CEO of Smurfit Kappa, tells CNBC that although austerity is necessary in Europe, people can't deal with it forever without any vision or hope.

  • Japan’s ‘Lost Decade’ Holds Lessons for Europe Thursday, 28 Feb 2013 | 1:42 AM ET

    Europe is embroiled in a Japan-style "lost decade" and must solve its political problems before the economic crisis can be resolved, according to Charles Beazley, CEO of Nikko Asset Management.

  • Ex-Mayor in Greece Gets Life in Prison for Embezzlement Thursday, 28 Feb 2013 | 1:36 AM ET
    Vassilis Papageorgopoulos, former Mayor of the Greek northern port city of Thessaloniki.

    The former mayor of Greece's second city, Salonika, and two of his top aides were sentenced to life in prison on Wednesday after being found guilty of embezzling almost 18 million euros, or $23.5 million, in public money. The NYT reports.

  • Ireland Is Back in Growth Mode: CEO     Thursday, 28 Feb 2013 | 1:30 AM ET

    Danny McCoy, CEO of IBEC, tells CNBC that Ireland is clearly back in growth mode, but a lot of budgetary discipline will still be required.

  • US a Great Place to Invest     Thursday, 28 Feb 2013 | 12:50 AM ET

    Ralph Silva, Research Director at SRN Research and Stuart Oakley, Managing Director, Asian Currency Trading at Nomura are bullish on the U.S. economy despite the looming sequestration.

  • Brits May Have to Work Until 75, Thanks to China Wednesday, 27 Feb 2013 | 9:43 PM ET

    A colossal savings glut in China, the world's second largest economy, means British workers in their twenties will only be able to retire at 75.

  • European Union Deal Caps Bankers’ Bonuses Wednesday, 27 Feb 2013 | 9:01 PM ET

    Bankers' bonuses are to be capped at two times bankers' salaries and banks will be subject to a strict transparency regime, under a provisional EU deal that includes minimal concessions to cushion the pay crackdown. The Financial Times reports.

  • Italian Elections a Mess     Wednesday, 27 Feb 2013 | 3:46 PM ET

    CNBC's Michelle Caruso-Cabrera reports the latest on the Italian election. Political gridlock is pushing the 10-year yield above 5 percent.

  • European Government Computers Hacked Wednesday, 27 Feb 2013 | 3:29 PM ET

    Hackers targeted dozens of computer systems at government agencies across Europe in a series of attacks that exploited a security flaw in Adobe software.

  • Portugal Euro Exit 'Totally' Impossible: Minister     Wednesday, 27 Feb 2013 | 11:50 AM ET

    Portuguese Economy Minister Alvaro Santos Pereira says it would be "totally" out of the question for Portugal to leave the single currency.

  • Europe Markets Close Higher     Wednesday, 27 Feb 2013 | 11:30 AM ET

    Louisa Bojesen reports on Italy's strong bond auction and the gains for most European stocks on Wednesday.

  • European Markets Close Higher     Wednesday, 27 Feb 2013 | 11:30 AM ET

    CNBC's Simon Hobbs reports European shares posted strong gains, helped by a successful bond auction in Italy.

  • Italy’s Grillo Calls Bersani ‘Dead Man Talking’ Wednesday, 27 Feb 2013 | 10:09 AM ET
    Beppe Grillo

    Grillo on Wednesday ruled out voting for any government led by the traditional parties, but said his 5-Star Movement could back individual laws.

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  • Jan Dunning, CEO of St Petersburg-headquartered hypermarket chain Lenta, says the situation in Ukraine has had no impact on the group, as consumer confidence remains unaffected in Russia.

  • Vincent Deluard, European strategist at Ned Davis Research Group, says the strong euro is a problem for the region's companies, especially for the large exporters.

  • European shares closed higher on Thursday as investors brushed aside concerns regarding Ukraine and focused instead on Wall Street earnings and the latest U.S. jobs data.

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