A CNBC.com analysis of money flows shows that large cash hoards have already left Russia, much of it stashed in former Soviet states.» Read More
President Mursi rebuffed an army ultimatum to force a resolution to Egypt's political crisis and would instead pursue his own plans for national reconciliation.
Putin said that Snowden, former national security staffer accused of espionage, would not receive political asylum in Russia unless he stopped publishing classified US documents.
Finance Minister Vitor Gaspar, the architect of Portugal's austerity drive under an EU/IMF bailout, resigned on Monday in a potential blow to its planned exit from the rescue program.
The price of buying a Patek Philippe, employing a housekeeper or getting a Botox treatment in London outpaced overall inflation in 2012.
A former U.K. minister told CNBC that he "learned to live" with "several security services" bugging his electronic communications.
Egypt's powerful armed forces gave Islamist President Mohamed Morsi a virtual ultimatum on Monday to share power within 48 hours.
Strong U.K. manufacturing and mortgage data signaled an improving British economy, coincidentally on the same day the Bank of England welcomed its new governor, Mark Carney.
European leaders warned on Monday that claims the NSA bugged EU offices and hacked into its computer network could derail major trade talks.
The sell-off in commodity currencies over the past two weeks has hit the Norwegian krone particularly hard, but according to one strategist the decline is "overdone" and the krone is set for a rebound.
China formally launched on Monday an investigation into whether Europe is unfairly subsidizing and dumping its wines in the Chinese market, potentially adding to trade frictions between the world's second-largest economy and its biggest trade partner.
Manufacturing output in the euro zone improved in June to a 16-month high, a sign that the economy was stabilizing, albeit slowly. But the readings for individual countries revealed a more mixed picture.
Greece and its international lenders resume talks on Monday to unlock 8.1 billion euros ($10.5 billion) of rescue loans after a two-week break during which the government almost collapsed.
Nokia will pay $2.2 billion to buy out partner Siemens AG in their network equipment joint venture, a deal that is likely to bring some stability to the company after it stumbled in smartphones.
Croatia joined the European Union at midnight on Sunday, two decades since fighting itself free of Yugoslavia.
Mark Carney's taking over the reins at The Bank of England from outgoing Governor, Mervyn King, has been greeted with unprecedented fanfare but one analyst has overriding concerns about his appointment.
The level of business in the U.K. financial services sector returned to a level considered "normal" for the first time since March 2011, according to a survey released on Monday.
Tens of Thousands of protesters rallied in Egypt's iconic Tahrir Square and elsewhere across the nation on Sunday, calling for President Mohamed Mursi to step down after completing a mere year of his term.
America's National Security Agency bugged European Union offices in Washington and infiltrated the EU's computer networks, German magazine Der Spiegel reported on Saturday.
Spain announced tax hikes and limitations on corporate tax deductions, as part of the government's battle to raise public revenue hit by an economic slump.
Europe's top economies may be stalled, but the region's super wealthy posted strong wealth gains in 2012, according to a new study from Wealth-X.
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At the EU summit, CNBC's Hadley Gamble talks to Finland's prime minister Alexander Stubb on whether Europe needs structural reform.
Manji Cheto, vice-president of Teneo, explains why the Nigerian central bank has barred banks from dollar holdings.
Discussing last night's presidential vote in Greece, Kyriakos Mitsotakis, minister of administrative reform and e-governance in Greece says he believes that there is still a "fighting chance" for the coalition government to get the 180 votes.