Europe News


  • Workers install a natural gas pipeline.

    Britain must toughen up with oil firms that prevent smaller producers from getting access to platforms and pipelines, North Sea oil companies say.

  • EU's Olli Rehn Weighs In on Greek Aid Saga Friday, 5 Jul 2013 | 9:24 AM ET
    Olli Rehn

    Greece’s latest tranche of aid could be made in separate instalments, European Commission Vice-President Olli Rehn said on Friday, keeping the pressure on Athens to meet international lenders' bailout demands.

  • US-EU Trade Deal: Rosy Picture, but Long Road Ahead Friday, 5 Jul 2013 | 8:29 AM ET

    U.K. Prime Minister David Cameron has billed it as potentially the "biggest bilateral trade deal in history", but the U.S.-EU trade talks have suddenly entered tricky waters.

  • Portugal's President Issues Bond Market Warning Friday, 5 Jul 2013 | 6:44 AM ET

    The Portuguese president warned that the country may be unable to return to the debt market next year as planned, amid analyst concerns that the political turmoil afflicting the country could linger for some time.

  • Why Europe Should Fear ‘Turning Japanese’ Friday, 5 Jul 2013 | 4:58 AM ET

    Japan's decades of economic stagnation should be a warning to all central banks, particularly the European Central Bank, according to Satyajit Das, a former banker and author of "Traders, Guns and Money".

  • European stocks may have loved the forward guidance issued by both the European Central Bank and the Bank of England, but some economists have expressed concerns.

  • Egypt's Crackdown on Muslim Brotherhood Begins Thursday, 4 Jul 2013 | 10:48 PM ET

    A crackdown on the Muslim Brotherhood got underway as several leading members were arrested after the overthrow of President Mohammed Morsi.

  • July 4: Independence Day for Europe's Central Banks? Thursday, 4 Jul 2013 | 10:26 PM ET

    The ECB has sent a very strong signal that it will keep rates low for an extended period, just weeks after the Fed raised the prospect of tapering its monetary stimulus, said experts.

  • Russia Gets Impatient Over Snowden's Airport Stay Thursday, 4 Jul 2013 | 10:21 PM ET

    Snowden should find another country to seek refuge in, says Russian official, signalling Moscow's growing impatience over the former NSA contractor's stay at a Moscow airport.

  • Second Wind for Regulators Leaves Banks Bruised Thursday, 4 Jul 2013 | 9:49 PM ET

    The past fortnight has been a potentially expensive one for banks on both sides of the Atlantic, with tighter regulations leaving lenders feeling bruised.

  • Europe Threatens to Suspend Data Sharing With US Thursday, 4 Jul 2013 | 9:36 PM ET
    Protestors hold posters reading 'Stasi 2.0' depicting US President Barack Obama wearing headphones in Berlin, Germany.

    Brussels has threatened to suspend two data sharing agreements with the US, due to claims that America's intelligence agencies have been spying on Europe. The Financial Times reports.

  • Portugal PM Says Deal in the Works, Wards Off Crisis Thursday, 4 Jul 2013 | 3:47 PM ET

    Portugal's prime minister has found a way to maintain government stability with the junior partner in the ruling coalition, but the full details still need to be hashed out.

  • Murdoch Belittled British Police in Secret Recording Thursday, 4 Jul 2013 | 11:19 AM ET
    News Corp. CEO Rupert Murdoch.

    Rupert Murdoch belittled a British police inquiry into bribes allegedly paid by his journalists in a secret recording made by his staff, in sharp contrast to the profuse public apologies he made to defuse anger at news gathering practices.

  • Goldman Sachs Sees More Easing in Europe and UK Thursday, 4 Jul 2013 | 10:03 AM ET
    European Central Bank (ECB) headquarters in Frankfurt, Germany.

    In a prescient piece of research just hours before the ECB said it would keep rates low for an extended period of time, Goldman Sachs said the ECB could launch fresh monetary easing measures within months.

  • The ongoing political turmoil in Portugal has raised fears the country will have to hold new elections. But the country's former Prime Minister Pedro Santana Lopes has told CNBC that new polls won't change anything.

  • Five Guys', Shake Shack's Next Stop: London! Thursday, 4 Jul 2013 | 8:16 AM ET
    A Shake Shack cheeseburger with a portion of fries outside the company's new burger restaurant in London

    London is set to become an international haven for U.S. burger lovers as two of the country's popular chains open stores in the U.K. capital.

  • Fund Managers Breathe Sigh of Relief Thursday, 4 Jul 2013 | 6:46 AM ET

    European asset managers breathed a sigh of relief on Wednesday as Brussels ditched plans to impose a remuneration cap on fund managers.

  • Obama, Merkel Agree to Talks on US Spying Thursday, 4 Jul 2013 | 6:41 AM ET
    President Barack Obama speaks with Chancellor Angela Merkel.

    President Barack Obama sought to allay concerns from German Chancellor Angela Merkel about reported U.S. spying on European allies and agreed to a meeting.

  • Greece: Failure to Meet Bailout Terms Not Our Fault Thursday, 4 Jul 2013 | 5:37 AM ET

    As Greece looks set to miss a key reform deadline set by international lenders, a Greek government minister said it wasn't Greece's fault that it couldn't live up to the demands of a flawed bailout program.

  • Euro Slides as Draghi Commits to Low Rates Thursday, 4 Jul 2013 | 5:36 AM ET
    European Central Bank

    The euro fell to a five week low against the dollar as European Central Bank President Mario Draghi said key rates would remain at present or lower levels for an "extended period of time."

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