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  • Spanish PM Publishes Tax Returns Amid Scandal Sunday, 10 Feb 2013 | 4:55 AM ET
    Mariano Rajoy, Prime Minister of Spain.

    Spain's prime minister published his tax returns on Saturday in a bid to quell reports he and other conservative politicians received secret cash payments but the opposition said many questions remain unanswered.

  • Rebounding banks helped European shares recover on Friday after data pointing to a potentially stronger recovery in global growth helped drive demand for equities.

  • European Markets Close     Friday, 8 Feb 2013 | 11:30 AM ET

    CNBC's Simon Hobbs reports on all the market moving events in Europe today, including

  • EU Leaders Strike Deal on Long Term Budget Friday, 8 Feb 2013 | 11:07 AM ET

    European Union leaders reached agreement on the first ever cut in their common budget on Friday after 24 hours of talks, seeking to placate millions at home struggling through government cutbacks and recession.

  • EU Budget Gives 'Hawks' Leverage: Expert     Friday, 8 Feb 2013 | 11:00 AM ET

    Tom Elliott, global strategist at JP Morgan Asset Management, tells CNBC why the EU budget deal has given enough to austerity-driven northern Europe to ease future negotiations.

  • Why This Was a Pivotal Week for Europe Friday, 8 Feb 2013 | 10:35 AM ET
    Silvio Berlusconi

    As the week closes out, Spanish and Italian leaders are worried that the market may once again be turning on them. It's the worst week in a long time for both countries' bond markets as each saw their yields climb above 5 percent.

  • Hasna Hourri looks at Citroen cars at a Citroen showroom in Paris, France.

    France has no plans to support ailing carmaker PSA Peugeot Citroen with a stake purchase, a source in the finance ministry said, cooling speculation of a state cash injection to help ease the company's problems.

  • Europe's Richest Soccer Clubs Friday, 8 Feb 2013 | 9:55 AM ET

    Europe may be mired in a recession and austerity but the continent's biggest soccer clubs (football clubs to those in Europe) are continuing to look recession-proof.

  • Meet Alex Stubb, the European Summit's Comic Relief Friday, 8 Feb 2013 | 9:07 AM ET

    He's blond, opinionated, has a flair for publicity and is a bit of a comedian. However, Finnish politician Alex Stubb has taken up a trickier task than running London.

  • Cracks Appear in European Banking Union Scheme Friday, 8 Feb 2013 | 7:54 AM ET
    European Central Bank (ECB) headquarters in Frankfurt, Germany.

    Fears are growing that a central element of banking union will be scaled back, undermining the whole scheme.

  • Painting a Profit: 10-Year Boom Ahead for Art? Friday, 8 Feb 2013 | 7:52 AM ET
    Pablo Picasso's Femme pres d'une fenetre

    The art market is to experience a "10- year boom" according to an expert, as investors from China and the Middle East drive demand towards unprecedented levels.

  • Banks Pay Back More Cheap Loans to ECB Friday, 8 Feb 2013 | 6:28 AM ET

    Banks will pay back 4.993 billion euros next week of the 3-year loans they took from the European Central Bank a year ago, bringing the total payback of the first 489 billion in loans to 146 billion.

  • CNBC's Kelly Evans reports on Friday's market moving events from Europe.

  • The Ghost of ABN Amro Haunts Europe's Banks Friday, 8 Feb 2013 | 5:14 AM ET
    ABN AMRO

    The Italian bank Monte dei Paschi di Siena and the Dutch lender SNS Reaal have one thing in common with the UK's Royal Bank of Scotland and Belgium's Fortis. They all bought a part of the Dutch bank ABN AMRO in 2007 and suffered from the capital strain and losses caused by that acquisition.

  • Draghi Seems More Pessimistic: Jefferies     Friday, 8 Feb 2013 | 4:00 AM ET

    Marchel Alexandrovich, senior European economist at Jefferies International, says EU Summit is not an event that would influence Draghi who seems to be getting a bit more pessimistic about the European economy.

  • The Euro Is Not Overvalued: Expert     Friday, 8 Feb 2013 | 3:39 AM ET

    Lars Feld, economic advisor to German chancellor Angela Merkel, tells CNBC that he does not think the euro is overvalued.

  • Horses stand in a pasture

    Testing has confirmed that beef lasagna produced by food manufacturer Findus contained horsemeat, Britain's Food Standards Agency (FSA) said on Thursday.

  • Alex Friedman, global CIO of UBS Wealth Management, tells CNBC he is moderately risk on for now, with markets heading in the right direction.

  • European Market Opens Higher     Friday, 8 Feb 2013 | 3:00 AM ET

    Steve Sedgwick takes you through the European Market Open where stocks have come in higher.

  • UK Food Bank Visits Surge, Not Just for the Poor Friday, 8 Feb 2013 | 2:11 AM ET
    Cans of food at the Thamesmead food bank in London.

    With unemployment at a 16-year high and one in five people living below the poverty line, the number of people using food banks in the U.K. has escalated during the recession. But it's not just the less well-off that are in need of help.

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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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