Russia said its currency crisis was over despite its forex reserves plunging and inflation surging over 10 percent, in its worst economic crisis since 1998.» Read More
Vittorio Grilli, the Italian Finance Minister, talks to CNBC about setting up a European banking union and the missing ingredient of growth.
Steve Sedgwick takes you through the European market open where stocks have come in lower.
The tide is turning in Europe. Austerity, long seen as the most appropriate medicine for the continent's debt-wracked economies, is fast losing favor.
German opposition leader Peer Steinbrueck has warned Europe could see a repeat of the Cyprus crisis even as the bailout costs for the island nation have ballooned, adding that Cyprus must foot the added costs.
John Longworth, director general of the British Chamber of Commerce, tells CNBC which powers British businesses would like repatriated back to Westminster from Europe.
Bob Parker, senior advisor at Credit Suisse, tells CNBC that in the very long-term Cyprus will be able to find the money for its share of its bailout deal.
Creditors of the European arm of Lehman Brothers, which collapsed in September 2008, may be repaid in full, administrators said.
Luis de Guindos, Spain's finance minister, tells CNBC's Julia Chatterley that it is misleading to say that the reduction of the fiscal deficit is anti-growth.
Peer Steinbruck, chancellor candidate for the Social Democrat Party, tells CNBC that there is excessive austerity in countries like Greece and Portugal.
As recently as the early 1990s, the idea that Sweden could be a model of anything except socialism gone awry would have been laughable. But economic reforms and market liberalization have lit a fire under the economy.
Anders Borg, the Swedish finance minister, tells CNBC what progress has been made so far on a European banking union.
Cyprus will relax requirements for citizenship, including for bank depositors who lost large amounts of money in the deal with the EU and IMF, the president said on Sunday.
Mikio Kumada, Executive Director & Global Strategist at LGT Capital Partners thinks Europe offers more attractive opportunities compared to emerging markets and Asia.
Nearly one-fifth of British businesses favor complete withdrawal from the European Union, a new survey has found.
One of France's most notorious criminals escaped from prison using explosives to blast his way through five security doors.
The new finance minister of Cyprus has told CNBC his country is in for a "rough ride" following the bailout agreement for his country.
European shares closed down on Friday after the release of retail sales data in the U.S. which showed a fall in March consumer spending.
Dirk Schoenmaker, dean of the Duisenberg School of Finance, tells CNBC that European banks are weak and need to be recapitalized in order to kick-start the recovery.
CNBC's Simon Hobbs reports on what moved Friday's markets. European shares extended losses after data in the U.S. showed a drop in March consumer spending.
European shares extended their losses on Friday with the release of retail sales data in the U.S. which showed a fall in March consumer spending.
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Dan Morris, global investment strategist at TIAA-CREF, says he is overweight equities outside of the U.S.
Jim Strugger, derivatives strategist at MKM Partners, says 2018 or 2019 could be the end of the current U.S. economic cycle.
Jessica Simmonds, owner of Okishima and Simmonds, shows you how to make your own Christmas wreath.