Antonis Samaras urges lawmakers to elect a new president and offers the prospect of general elections after talks with international creditors.» Read More
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.
A senior Catholic cleric with connections to the Vatican bank was arrested on Friday for plotting to help rich friends smuggle tens of millions of euros in cash into Italy from Switzerland.
Germany's banking system is one of the worst in the world, according to Paul Gambles, managing partner at advisory firm MBMG International, who told CNBC that Deutsche Bank is over-leveraged and is an accident waiting to happen.
The European Central Bank denied a German newspaper report that it was considering launching a new bond purchase program under which it would buy debt of all 17 euro zone countries.
The U.K. economy is likely to get another dose of monetary stimulus with the arrival of Mark Carney as the new governor of the Bank of England.
Chancellor Angela Merkel forcefully condemned on Friday the conduct of Irish bankers who were caught on tape joking about a bailout deal and mocking Germany.
European leaders agreed on new steps to fight youth unemployment and promote lending to credit-starved small business on Thursday after deals on banking resolution and the long-term EU budget.
Venezuelan authorities said that a missing aircraft carrying Italian fashion boss and presumed lost at sea almost six months ago had been found. The Financial Times reports.
More than 300,000 British homes are worth over £1 million pounds ($1.5 million), up 32 percent on last year, according to a property "rich list" out on Friday.
After a marathon meeting, EU finance ministers finally agreed to rules about what to do when a bank collapses.
Protests in Turkey that have led to weeks of turmoil and exacerbated a sell-off in the lira and Turkish stocks have been described as a "hiccup".
French national auditors warned the French government on Thursday that it was likely to miss revised budget targets this year, putting it on course to break a pledge it made to the European Commission.
EU governments struck a deal with the head of the European Parliament to finalize the bloc's long-term budget, ending months of doubt over nearly 1 trillion euros ($1.3 trillion) in future funding.
As Egypt braces for massive demonstrations on Sunday and unrest simmers in Brazil and Turkey, analysts warn that we could be in for another "season of discontent."
Morale among French consumers is at an all-time low and they are more pessimistic than ever about their future living standards, data showed on Thursday.
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Fredrik Nerbrand, head of global asset allocation at HSBC, says there are structural problems across many economies meaning the normalization of bond yields at 3 percent is a "pipedream".
Carlo Gallo, director at Enquirisk, says Russia economic situation is likely to deteriorate further as the oil price remains low and the sanctions bite.
Carlo Gallo, director at Enquirisk, says the low oil price is likely to lead to a cut back on public spending in Russia fueling "resentment" by the population against the government.