First quarter economic growth in Russia slowed and Moscow's economy minister is attributing it to uncertainty over the Ukraine crisis.» Read More
Portuguese Economy Minister Alvaro Santos Pereira says it would be "totally" out of the question for Portugal to leave the single currency.
Louisa Bojesen reports on Italy's strong bond auction and the gains for most European stocks on Wednesday.
CNBC's Simon Hobbs reports European shares posted strong gains, helped by a successful bond auction in Italy.
Grillo on Wednesday ruled out voting for any government led by the traditional parties, but said his 5-Star Movement could back individual laws.
A correction could be on its way for equity markets despite the sigh of relief from markets Tuesday, an expert told CNBC a day after the chairman of the Federal Reserve said easy monetary policy would remain in place for now.
Europe is still a very attractive market despite the current political and economic risks, David Rubenstein, co-founder & managing director of the Carlyle Group, told CNBC on Wednesday.
CNBC's Ross Westgate reports yields on Italian bonds reached their highest levels since October 2012 at an auction of five and ten-year debt.
Italy's 10-year debt costs rose more than half a percentage point on Wednesday at the first longer-term auction since an inconclusive parliamentary election, although they remained below the psychologically important level of 5 percent.
Economic and business confidence in the euro zone improved for the fourth straight month in February, the European Commission said on Wednesday, as factories saw their order books filling up.
Charles Beazley, CEO of Nikko Asset Management, says the Italian election results are the continuation of a "lost decade" in Europe.
Three men have been arrested in London in connection with a probe into insider dealing and market abuse.
Senior Bank of England policymaker Charles Bean added his voice on Wednesday to skepticism about the idea of the central bank targeting a mix of inflation and growth but said it would be sensible to review the bank's policy framework.
Peter Chatwell, interest rate strategist at Credit Agricole Corporate and Investment Bank, tells CNBC that he expects a 5% yield to tempt domestic demand in the Italian bond auction which should see recent panic subside.
Carolin Roth takes you through the European market open, where stocks have come in higher on the Federal Reserve comments.
They find the language difficult and the locals as chilly as the weather but for young Spaniards Berlin has become a popular spot to sit out the economic crisis at home.
Over the past week, risk appetite has soured following a political stalemate in Rome and anxiety over the upcoming U.S. "sequester" spending cuts, but strategists told CNBC that there is a way to trade this panic.
The European parliament and EU states could agree on Wednesday to impose caps on bankers' bonuses, a measure that would channel public fury at financial sector greed, but which opponents say marks a reckless overreach by Brussels.
Heimo Scheuch, CEO of brick maker, Wienerberger, tells CNBC that they expect the North American housing market to offset Europe in 2013.
Barclays is set to reveal the number of staff who earned above 1 million pounds ($1.5 million) last year, in a push for transparency that could turn the bank into a trailblazer for the sector, the FT reports.
The U.K. has a plateful of economic problems to contend with right now. A 1-notch downgrade to its credit rating isn't one of them, writes Moorad Choudhry.
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The hemp industry could become one of the U.S.'s biggest now its industrial use had been legalized, says Doug Fine, author of "Hemp Bound".
Edmund Shing, global equity portfolio manager at BCS Financial Group, explains why despite positive data, the U.K. economy remains "rather fragile", and discusses top stock picks.
European shares closed higher on Wednesday, as better-than-expected Chinese growth data and a slew of earnings releases buoyed sentiment.