Cypriot Central Bank governor Panicos Demetriades submitted his resignation on Monday, which was accepted by President Nicos Anastasiades, an official statement said.» Read More
Demand for new cars in Europe fell to the lowest level recorded since 1995, closing a year burdened by heavy declines in all major euro zone economies.
An election on Sunday in Germany's second-biggest state will be a crucial test of Chancellor Angela Merkel's chances of winning a third term.
Karen Cho takes you through the European market open where all eyes are on US earnings with Goldman Sachs and JPMorgan due to report.
Andrew Burns, lead economist at the World Bank, tells CNBC why the risks in 2013 are less negative and we could see surprises to the upside.
One of the more notorious market bears has tempered his trademark gloomy predictions boosting the hopes of bulls for a broader shift in investor sentiment. The FT reports.
Ken Clarke has stepped up the pro-European rhetoric as the battle over Britain's future in the EU intensifies, warning that a referendum on the issue is a "gamble" and that David Cameron may be about to open the door accidentally to a British exit, the Financial Times reports.
James Ashley, Senior Economist at RBC Capital Markets says while Germany's economic fundamentals are strong, the external environment is impacting its growth.
Michael McCarthy, Chief Market Strategist at CMC Markets says that current official forecasts indicating a strong euro zone recovery are wildly optimistic.
The world's second-biggest holder of gold reserves, Germany, is planning to bring home some of its gold held in New York and Paris - a move that would mark a breakdown of trust between the world's major central banks, analysts said.
Mariano Rajoy has called on Germany and other creditor countries in the euro zone to do more to stimulate growth, arguing that a switch to a more expansionary policy would boost economic recovery across the single currency area. The Financial Times reports.
Goldman Sachs backed down on Tuesday on its plan to delay paying U.K. bonuses in order to benefit from an imminent cut in the top personal tax rate.
Joel Stainton, head of research and trading strategy at SEB Futures, joined CNBC for a technical look at copper, sterling 1-year, and the EU economy.
CNBC's Simon Hobbs reports on all the market moving events in Europe today, including the German economy growing 0.7 percent in 2012 versus growth of 3 percent in 2011.
Former Italian prime minister Silvio Berlusconi said on Tuesday he would back Mario Draghi if the head of the European Central Bank was proposed as the country's next president.
Latin American markets have been a prime target for Spanish companies because of their language advantage, and giants such as Telefonica and Banco Santander have increased their exposure there to compensate for problems in their domestic market.
CNBC's Kelly Evans reports the latest market action from around the globe, including Italy's plans to tap the debt market for the first time in two years, with a new 15-year bond.
Silvio Berlusconi's center-right coalition is making rapid gains ahead of next month's elections, the latest polls suggest, increasing the possibility that even if the center-left wins as expected it may not be able to form a table Italian government.
Protests, a mutiny among politicians calling for the prime minister's resignation, billions in bad debt, and an economic recovery on hold — just a few of the challenges facing Slovenia.
One of the most recognizable buildings in London has seen substantial interest from buyers, as its latest developers try to create an 8 billion pounds ($12.9 billion) “new town center” south of the Thames.
The U.K. recovery remains fragile says BT chairman, Michael Rake, adding that weak investments and political instability continue to weigh.
BT chairman, Sir Michael Rake, tells CNBC that the group has improved its financial position and credibility by providing competition in the TV space.
CNBC's Julia Chatterley reports on the resignation of the Cypriot central bank governor, citing long-existing tensions between the governor and the government due to the handling of the island's bailout.