National Front, the French far-right party, took out a 9 million euro ($11.2 million) loan from a Russian-owned bank backed by the Kremlin.» Read More
Capital controls have restored a sense of calm in Cyprus. At best, this is a short reprieve if they are not followed by more fundamental decisions, according to Pimco's CEO.
CNBC's Kelly Evans reports European stocks shrugged off weak economic data and marched higher in today's market action.
The euro zone jobless rate was stable at 12.0 percent in February, the European Union statistics office Eurostat said on Tuesday, which could add pressure for an interest rate cut by the ECB.
French car registrations fell again in March as consumers, worried about the economy, maintained the wait-and-see attitude which has prevailed over the past 16 months.
Manufacturing across the euro zone fell deeper into decline in March, although the Cyprus bailout crisis has yet to take a toll on factory activity, a business survey showed on Tuesday.
Holger Schmieding, chief economist at Berenberg Bank, discusses euro zone data and says that while there is not much the ECB can do, policy makers should send a signal of confidence.
Analysts are questioning whether a group of economic "wise men" can save Italy from new elections.
European shares open slightly higher ahead of key manufacturing data from the euro zone.
Britain's financial services sector took on new staff in the first quarter with more gains expected, a business survey said, signaling that a prolonged period of job losses may be ending.
Cyprus plans to lift a ban on casinos and offer firms tax exemptions on profits reinvested on the island under a package of reforms to kickstart its ailing economy, its president said on Monday.
Daniel Harden, senior commercial dealer at Global Reach Partners, tells CNBC that euro zone fundamentals remain the biggest concern heading into the second quarter.
Michael McCarthy, Chief Market Strategist at CMC Markets says slowing growth and rising inflation in India makes it the biggest risk in Asia. He expects an extreme cooling of growth in the country.
Spain will revise down its economic growth forecast for 2013 next week and seek more time from the European Union to reduce its budget deficit as recession cuts deeper than previously expected.
Charles Dallara, Americas of Partners Group, shares his opinions on the future of Cyprus and Europe, and discusses whether a crisis like this could occur in the U.S.
Paul Bloxham, Chief Economist for Australia and New Zealand at HSBC, says that monetary policy in Australia is hitting the bull's eye in terms of the government's desired targets. He also describes why China's growth story is showing no signs of losing steam as he expects growth to touch north of 8%.
CNBC's Michelle Caruso Cabrera reports on major bank client losses in Cyprus, which could be as high as 60 percent for those with more than $100,000 euros in Cypriot banks. Could the same thing happen in the U.S.?
Willem Nabarro, Head of European Equities for Asia at Exane-BNP Paribas, says the Cyprus saga is an opportunity to come back to the market.
Italy's 87-year-old President will face the greatest test of his career as he tries to end the standoff preventing a new government being formed more than a month after elections.
Big depositors at Cyprus' largest bank may be forced to accept losses of up to 60 percent, far more than initially estimated under the European rescue package to save the country from bankruptcy.
Giorgio Napolitano on Saturday ruled out standing down to make way for new parliamentary elections after the failure of attempts to form a government this week, saying he would stay in place until the very end of his mandate in May.
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Martin Gauss, CEO of Air Baltic, talks about the environment for airlines in Latvia currently, given the ongoing crisis in Ukraine.
CNBC's Steve Sedgwick talks about the upcoming OPEC meeting with Venezuelan Foreign Minister Rafael Ramirez, who says investment is of great concern.
Claudia Buch, deputy president at the Bundesbank, says the central bank doesn't think a disinflationary scenario in the euro zone is "imminent".