ECB cautions against speculation over the outcome of its stress tests after a report on failed health checks.» Read More
European shares closed off their session lows on Tuesday, as U.S. earnings season kicked into high gear following a slew of upbeat earnings reports from heavyweights Goldman Sachs, Coca-Cola, and Johnson & Johnson. U.S. shares were boosted by the news and the pan-European FTSEurofirst 300 Index closed provisionally down.
European shares closed off their session lows on Tuesday, as U.S. earnings season kicked into high gear following a slew of upbeat earnings reports from heavyweights Goldman Sachs, Coca-Cola, and Johnson & Johnson.
Peter Schaffrik, head of european rates strategy at RBC Capital Markets, tells CNBC the recent fall in commodity prices is good for European countries which tend to be net importers of commodities.
The governor of Cyprus's central bank failed to regulate its banking system effectively, the island's president Nicos Anastasiades told ECB chief Mario Draghi.
Malta's banking sector is seven-times the size of its economy and proportionally bigger than that of Cyprus, but Fitch Ratings said although it is less at risk in the short-term, it could still fall foul of EU leaders' crackdown on outsized and offshore bank sectors.
The International Monetary Fund has urged advanced economies to use "all prudent measures" to boost sluggish demand, including monetary policy, even as it trimmed 2013 growth forecasts for the global economy to 3.25 percent.
CNBC's Ross Westgate reports European shares drifted lower as worries about the global outlook; a heavy sell-off in commodities; and two explosions at the Boston Marathon prompted investors to avoid risk.
Italian lawmakers will begin voting on Thursday to elect a new president, in the hope that they can end the country's political impasse, over which concerns are growing.
Anti-euro political parties are on the rise, find out why this one has analysts particularly worried.
The European Commission will propose "frontloading" payments to Cyprus from the EU budget so that allocations for the next seven years are paid early.
There could be trouble ahead for one of Europe's best performing economies, the leader of the country's opposition party warned.
France found more cases of illegal horsemeat in beef products than any other EU country, early results of DNA tests ordered in the wake of the scandal showed.
Karsten Schroeder, CEO and chairman at Amplitude Capital, tells CNBC that Merkel's popularity in Germany is only due to a lack of a better alternative.
Steve Sedgwick takes you through the European market open where stocks have come in lower due to terrorism in Boston.
Britain's economy is showing one unexpected bright spot: the job market for butlers is booming.
Hamid Moghadam, chairman and CEO or Prologis tells CNBC that the US is back to where it was pre-crisis, but extra people mean that it still has a way to go.
German Chancellor Angela Merkel suggested on Monday the European Union should finance early retirement schemes as a way of combating high youth unemployment.
A former HSBC employee wanted in Switzerland on allegations of stealing data on bank accounts came before a Spanish court, arguing he was a whistleblower fighting corruption.
France's Socialist government contains eight millionaires, a list of ministers' personal assets showed on Monday, dealing a blow to the image built by President Francois Hollande.
Marcus Svedberg, Chief Economist at East Capital says crisis management is appallingly bad in Europe, but he points to Latvia as an example of a success story in governmental austerity measures.
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Alexander Afanasiev, CEO of Russia¿s MICEX, says there have not been strong foreign outflows from the stock market index so far this year, despite the intense volatility.
CNBC¿s Phil Han looks at a HSBC report examining why expats move overseas and what their preferred location is.
Howard Goldring, director at Delmore Asset Management, says GlaxoSmithKline may be trying to take on too much restructuring in too short a time-frame.