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  • European Banks Set to Cash in on Subprime Sales Friday, 31 May 2013 | 8:23 AM ET

    Europe's banks, which were among the biggest buyers of U.S. mortgage bonds before the financial crisis, are set to cash in on America's housing recovery by selling the once "toxic" assets back to U.S. lenders.

  • North Americans may have a reputation for generous tipping, but Germans are actually more likely to tip while on holiday, according to a TripAdvisor survey.

  • Out With the 'Grexit,' and in With the 'Greecovery' Friday, 31 May 2013 | 7:28 AM ET

    Greece's economy is showing the first signs of a recovery, reducing the odds of it exiting the euro zone, according to a new report from analysts at Berenberg Bank.

  • Italy Youth Unemployment Hits Record 40.5% Friday, 31 May 2013 | 6:31 AM ET

    Italy's overall jobless rate and youth unemployment edged up in April to the highest levels on record, data showed on Friday.

  • Demonstrators from the anti-capitalist Blockupy movement will seek to cut off access to the European Central Bank and other financial institutions in Frankfurt on Friday, to protest their handling of Europe's debt crisis.

  • Billions Stolen From Sochi Winter Olympics: Report Friday, 31 May 2013 | 3:05 AM ET
    Russian President Vladimir Putin

    Russian businessmen and officials close to President Vladimir Putin have stolen up to $30 billion from funds intended for preparations for next year's Sochi Winter Olympics, according to a report released on Thursday by opposition leaders.

  • Business Group Warns on Sterling Debasement Friday, 31 May 2013 | 2:45 AM ET

    As the Bank of England prepares for the tenure of new governor Mark Carney, one industry lobbyist has warned that another debasement for sterling will lead to dangerous inflation.

  • UBS Lifts Banker Pay to Entice Staff to Stay Friday, 31 May 2013 | 2:32 AM ET

    UBS is set to raise pay for investment bankers by an average 9 percent to entice staff into staying by lifting salaries to market rates.

  • God’s New Banker Tries to Clean Up Vatican Friday, 31 May 2013 | 1:24 AM ET
    The Vatican

    The new head of the Vatican bank will need plenty of prayer and strength to rescue its scandal-torn reputation.

  • UK Growth Will Beat Expectations: Industry Body Thursday, 30 May 2013 | 7:00 PM ET

    The U.K. could post better-than-expected GDP numbers over the next three years, thanks to a strong service sector, the British Chambers of Commerce said Friday.

  • Europe Likely to Slash Financial Transaction Tax Thursday, 30 May 2013 | 3:52 PM ET
    German Chancellor Angela Merkel

    European countries planning a tax on financial transactions are set to drastically scale back the levy, cutting it by 90 percent, in what would be a major victory for banks.

  • France Irks Germans, Says EU Can't Dictate Reforms Thursday, 30 May 2013 | 2:42 PM ET

    President Francois Hollande pledged to carry out long overdue reforms but said it was up to Paris, not the EC, to determine how they are implemented.

  • Rising Oil Prices: The Euro Zone's Next Big Problem? Thursday, 30 May 2013 | 10:31 AM ET

    After the banking crisis, oil prices are the next threat to the euro zone, analysts told CNBC, arguing that prices will rise once the shale oil revolution in the U.S. dies down.

  • EU Takes UK to Court for Lack of Migrant Benefits Thursday, 30 May 2013 | 7:56 AM ET
    Passengers at Heathrow

    The European Commission has referred the U.K. to the EU's Court of Justice for not allowing citizens of the Union residing in the U.K. to receive social security benefits which they are entitled to under EU law.

  • Goldman: Carry On Buying Thursday, 30 May 2013 | 5:55 AM ET

    Global stocks may have been on a wild ride of late but the world's biggest investment bank has told investors they should continue to buy equities.

  • Hollande Reform Defiance Sparks German Anger Thursday, 30 May 2013 | 3:44 AM ET
    French President Francois Hollande (L) speaks with German Chancellor Angela Merkel (R)

    President Francois Hollande's insistence that the EU executive can't "dictate" reforms to France has outraged Angela Merkel's conservatives, hours before the German leader was due in Paris for talks.

  • German Companies Sip From Spain's Jobless Pool Thursday, 30 May 2013 | 3:28 AM ET

    German companies including BMW and BASF are recruiting small numbers of unemployed young Spaniards against a backdrop of chronic youth unemployment in southern Europe and a growing shortage of skilled labour in Germany.

  • Competitiveness Comeback for US, Europe Stalls Thursday, 30 May 2013 | 1:15 AM ET

    As calls grow for Europe to ease up on its austerity drive, a report on global competitiveness argued that cost-cutting on the continent has halted growth and antagonized the population, creating non-competitive economies.

  • Switzerland Still Favorite Banking Hub: Julius Baer Wednesday, 29 May 2013 | 11:51 PM ET

    The recent move by the Swiss government to allow banks to sidestep secrecy laws won't prevent them from depositing money in the country, said the CEO of Swiss private bank Julius Baer.

  • French Palace Wine Auction: Not Just for Snobs Wednesday, 29 May 2013 | 12:23 PM ET
    Bottles of French wine Petrus Pomerol.

    France's Elysee Palace is set to auction off more than $325,000 of wine Thursday. And while some bottles may sell for up to $3,000 a bottle, others might be yours for a mere $20.

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Europe Video

  • The FBI have stated that North Korea's government is responsible for the Sony attack. Neil Ashdown, deputy head of Asia analysis at IHS, weighs in, saying that it's difficult to "definitively attribute" a hacking attack to a particular group or state.

  • What were the main highlights of the EU Summit in Brussels? CNBC's Hadley Gamble gives you the lowdown.

  • Carnival Cruises earnings have beaten expectations in its fourth quarter, with lower fuel prices being a great help, says David Dingle, UK chairman of Carnival Cruises.