The President of the ECB is back in the spotlight as he testifies in front of policymakers amid and questions over the effectiveness of his policies.» Read More
The head of Britain's central bank called on the government to break up Royal Bank of Scotland so the state-backed lender can return to health and be sold to the private sector.
Former French President Nicolas Sarkozy might make a comeback bid in 2017, a sense of duty to fix the economy might oblige him to run.
Swiss bank UBS will tell its employees what bonus they will be receiving for 2012, a year in which staff endured a radical restructuring.
The European Union fined Microsoft Corp 561 million euros ($731 million) for failing to offer users a choice of Web browser, an unprecedented sanction that will act as a warning to other firms involved in EU antitrust disputes.
The decline of sterling has been much faster and more aggressive than expected and it is set to continue, David Bloom at HSBC told CNBC Wednesday.
CNBC's Kelly Evans has the top business news headlines from Europe, including reports Vodafone is in talks with communications company Verizon.
Bonds, equities and the pound are heading towards a "catastrophe", according to technical analysis by Charles Nenner, founder and head of research of the Charles Nenner Research Center which focuses on the cycle analysis of markets.
Gervais Williams, MD of Miton Group, tells CNBC that poor European data could well prompt setbacks in the market from current record highs.
European property investors are regaining their appetite for riskier assets, as fears over the euro zone's economic stability ease and sought-after properties in the best neighborhoods become too expensive, a survey showed.
President Giorgio Napolitano is considering appointing a new technocrat government led by a non-politician as one way out of Italy's political stalemate, Italian officials said on Tuesday.
Dan Scott, Head of Event Driven research at Credit Suisse; Michael McCarthy, Chief Market Strategist at CMC Markets says monetary policy is still the big game changer in markets.
Fresh regulations on banker bonuses is a risk for Standard Chartered, warned CEO of the bank's Asia division, Jaspal Bindra, who said an unfair amount of attention has been paid to the issue.
Venezuelan President Hugo Chavez's death is not likely to result in near-term changes to the Venezuelan oil industry or global energy landscape, but it could ultimately result in political change that would reopen the country's energy industry to foreign investment.
The zeal with which Swiss citizens backed the curbs on executive pay is just the latest sign that Switzerland's relationship with the ultra-wealthy is beginning to change.
Britain was left isolated in Europe on Tuesday after it failed to secure backing to water down new EU rules limiting bankers' bonuses, a measure that could threaten London's dominance as a financial center.
European shares closed higher on Tuesday after upbeat business data from both the U.S. and Europe.
CNBC's Simon Hobbs reports upbeat economic data drove stocks higher in Europe today.
Jon Terry, partner in reward and compensation at PWC, tells CNBC that caps on bankers' bonuses which will prevent pay from being linked to performance, are undoubtedly a bad thing for the industry.
France's finance minister has voiced concern about political and economic deadlock in Europe, but analysts warn his own country needs attention urgently.
CNBC's Kelly Evans reports better-than-expected economic data pushed markets higher in the euro zone.
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Bjarni Benediktsson, Finance Minister of Iceland, says the country needs its capital controls to prevent its currency from devaluing.
Bjarni Benediktsson, Finance Minister of Iceland, says the country does not need to join the European Union as it gets all of the benefits by being in the European Economic Area.
Wolfgang Bernhard, head of Daimler trucks and buses at Daimler, outlines his vision of transportation vehicles in the future and discusses Mercedes' driverless truck.