The euro's resolve could be starting to crack, as it cleared "psychologically significant" barriers, according to strategists.» Read More
The Cyprus bailout shows banks can be wound down despite difficulties, European Central Bank policymaker Jens Weidmann said in an interview on Sunday, adding the situation on the island had stabilized.
Pimco's Mohamed El-Erian says the key assumptions of a Cyprus reform program that recently came out of the troika are already outdated.
Bank chiefs at HBOS, once one of Britain's biggest banks, were condemned as a "model of self-delusion", in a damming report by Britain's Banking Standards Commission on Friday.
European shares closed lower on Friday after U.S. jobs data came in well below expectations, raising concerns that the recovery in the world's largest economy is weakening.
Successive Slovenian governments have refused to privatize the country's banks, which made disastrous loans to politically connected business interests and now threaten to drag the country center stage in the euro zone debt crisis.
Buoyed by new opinion polls showing a lead for his center-right coalition, Berlusconi said on Friday Italy must return to the polls quickly unless the center left agrees to govern with him.
Restructuring specialist Hilco said on Friday it had bought British entertainment retailer HMV, securing the future of the 92-year-old high street firm and 2,500 jobs.
Italy's fiscal deficit narrowed in the final quarter of 2012 to 1.4 percent of gross domestic product, compared with 2.6 percent in the same period of 2011.
Spain's banking bailout last year is now a distant memory. But according to one strategist, Spain's fragile economy now faces the possibility of tipping over into a renewed credit crunch.
CNBC's Kelly Evans reports on all the market moving events from Europe.
Spanish fishing company Pescanova said early on Friday it would file for insolvency after failing to reach an agreement with its creditors.
Interest in bitcoins has reached fever pitch around the world helping the price soar to an all-time high earlier this week, and Finland is firmly tuned into the zeitgeist more so than even the U.S. or Japan.
Davide Serra, founder and CEO of Algebris Investments, tells CNBC why he doesn't expect Europe to become like Japan, suggesting that the ECB's help is much more conditional than its BoJ counterpart.
Brendan Callan, CEO of FXCM Europe, says there is a disproportionate number of foreign exchange firms in Cyprus, because it's easy to get registered there due to relaxed regulations.
European shares opened mixed on Friday as investors await the latest U.S. jobs data to provide an indication of whether the world's largest economy is recovering.
Ian Harnett, European strategist at Absolute Strategy Research, says investors should not "play the fundamental game" as it is still a risk-on, risk-off market.
Kit Juckes, global head of FX strategy at Societe Generale, tells CNBC austerity is the wrong policy for Europe and that the region is heading towards a "lost decade" for growth.
Fears of a rush for the exits from the U.S. bond market have been greatly exaggerated.
France urged Germany on Thursday to grant it more time to hit its public deficit-cutting target, but denied it was turning into the new "sick man of Europe" even as data pointed to a deepening French downturn.
The war of words is escalating into action since North Korea moved a missile to its east coast. Gen. Barry McCaffrey, U.S. Army (retired), weighs in.
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Bruce Jenkyn-Jones, head of listed equities at Impax Asset Management, says geopolitical events have shown the need for energy diversification. He selects his top "green" picks.
Jon Fredrik Baksaas, CEO of Telenor, discusses the group's exposure to Ukraine and Russia and says that "economic parameters tend to shift" back into positive mood after big negative events.
European shares closed higher on Wednesday amid corporate earnings news and ongoing turmoil in Gaza and Ukraine.