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Debt-riddled euro-zone nations like Italy have been given some leeway but the pressure is on for them to push through aggressive structural reforms.
The world's largest auction houses will host "blockbuster" sales of contemporary art this week, as buyers' tastes shift away from pre-19th century "Old Masters", a fine art expert told CNBC.
The market recovery which has brought Italy's borrowing costs down over recent months is unlikely to be sustained for long, billionaire investor George Soros said.
The president of the Eurogroup said France must accelerate its reform program after the country was given an extension to meet deficit targets.
The force is coming to Britain. George Osborne, the U.K. finance minister announced on Friday that the next "Star Wars" film will be made in the country.
German prosecutors said they had arrested two people suspected of involvement in a global cyber theft of $45 million from two Middle Eastern banks.
Ad Van Tiggelen, senior investment specialist at ING Investment Management Europe, believes bond yields still have room to move lower.
European shares closed near 5-year highs on Friday.
ArcelorMittal, the world's largest steelmaker, defied fears of a profit warning on Friday and kept its earnings forecast for this year, helped by deep cost cutting in Europe.
London's Tech City is "uniquely" placed to become the next Silicon Valley, the woman who heads up the organization told CNBC.
CNBC's Steve Liesman shares highlights of his interview with Treasury Secretary Jack Lew, about Europe's economic problems and getting Congress and the White House to strike a deal on the budget.
Roger Altman, Evercore Partners chairman & founder, discusses the impact of free markets on Europe's austerity plan.
The head of the Co-operative Bank stepped down on Friday, after agency Moody's downgraded its debt ratings and said it might have to ask for money to bolster its capital.
CNBC's Ross Westgate reports the FTSE 100 still up to its best 5-year levels, and yields continue to go lower at Italy's T-Bill auction.
CNBC's Steve Liesman talks with Treasury Secretary Jack Lew, about Europe's fiscal problems and the balance between austerity and growth.
Jack Lew, U.S. Treasury secretary, discusses the global economy on the sidelines of the G7 meeting.
U.S. Treasury Secretary Jack Lew told CNBC on Friday that the U.S. debt ceiling would not be reached until September.
Craig Veysey, head of fixed income at Sanlam Private Investments, believes European short-dated maturity bonds will not go any lower and advises reallocating towards corporate debts.
The EU and Canada are near to signing an historic $28 billion free trade agreement but a row over the labeling of Canadian oil as "dirty" in Europe could threaten the deal.
German imports and exports rose in March after falling the previous month in a further sign that Europe's largest economy is pulling away from a contraction at the end of 2012.
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CNBC's Phil Han reports on the state of the U.K. general election campaign, as the candidates count down 99 days until votes are cast.
Alexis Burris, reporter at Insurance Day, says the damage from the blizzard in the North East of the U.S. will be less than the polar vortex last year.
Larry Hatheway, chief economist at UBS Investment Bank, says the oil price could move lower and will take around two years before it rises by $25.