Greece is bankrupt and should default, well-known investor Marc Faber told CNBC Friday, arguing that a "geopolitical game of chess" was being played.» Read More
Portuguese voters punished the ruling Social Democrats for painful austerity, boosting opposition candidates in municipal elections.
Governments across the world are engaged in cyber-attack campaigns against one another, with Europe left out.
For the first time since 2011, expansion is a bigger priority for U.K. businesses than cost-cutting or stockpiling cash.
Germany engineering company Siemens says it will cut up to 15,000 jobs worldwide by the end of 2014.
Italian Prime Minister Enrico Letta will meet the president to try to chart a way out of a deep political crisis.
Just as you thought the crisis in Europe was over and markets seem to be enjoying confidence and stability, along comes another curve ball.
Greece's lenders called a temporary halt to their latest mission, saying they had made good progress and expected to resume talks soon.
What looks like a difficult search for a governing coalition in Germany, and, possibly, another round of parliamentary elections, could soon be a sight to behold.
All ministers from former prime minister Berlusconi's party resigned from the government, said a spokesman for Deputy Prime Minister Angelino Alfano.
Greece's prime minister ruled out early elections after the arrest of senior Golden Dawn members and lawmakers on Saturday.
"It is clear that I have a lot to learn about the lively debate concerning the evolution of the family," Barilla said in a videotaped apology.
A planned Greek gold mine that would provide jobs and boost a local economy is being held up by, bureaucracy says an Australian miner.
Greek police arrested the leader and the spokesman of the far-right Golden Dawn party on charges of founding a criminal organization, police said.
The halal food market has huge potential for growth after being largely neglected in the U.K.
The Bank of England could get new advisory powers to intervene in Britain's Help to Buy scheme, if there are signs it is creating a housing bubble.
It still remains to be seen whether a new UN report will push governments and businesses into halting the march of global warming.
Around 200,000 euros have been found in the bathroom of a Dublin mansion formerly owned by a bust ex-IRA property entrepreneur.
Italy's coalition government appeared increasingly fragile after premier Enrico Letta struggled to secure a package of spending and tax measures
The British government said on Friday it would offer shares in state-owned Royal Mail at between 260 pence and 330 pence each in its London listing, valuing the company at as much as 3.3 billion pounds.
Mark Carney, the new governor of the Bank of England has said the U.K. economy is recovering and he doesn't see the need for further bond-buying by the central bank.
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Masood Ahmed, director of Middle East and Central Asia at the IMF, says that the IMF has two roles to play with Egypt, one of which is to provide dialogue and the other is to provide financial support.
Masood Ahmed, director of Middle East and Central Asia at the IMF, says that Egypt has made a lot of improvements regarding energy subsidies and broader reforms, but still has "a long way to go."
Peter Rosenstreich, chief FX analyst at Swissquote Bank, says the negotiations between creditors and Greece may not end well.