Britain's Prime Minister has slammed the European Union's demands for an additional 2.1 billion euros, branding it "unacceptable".» Read More
Giorgio Napolitano began consultations with political leaders to try to find a way of forming a government after the deadlocked election which left no party with a majority in parliament.
The number of Britons claiming unemployment benefit fell in February to a 20-month low, official data showed on Wednesday.
Cyprus's finance minister, Michael Sarris, has told CNBC that talks with Russia are "looking beyond" a loan extension, adding to speculation that Russia could come to Cyprus's financial aid.
The head of Cyprus' influential Orthodox church, Archbishop Chrysostomos II, says he will put the church's assets at the country's disposal to help pull it out of a financial crisis.
A switch from developed to emerging market stock indices could rekindle demand for Greek shares.
Karen Cho takes you through the European market open, where stocks have come in higher.
For Jeroen Dijsselbloem, the new face of the euro zone, a furor over a decision to hurt savers in Cyprus has been a baptism of fire in his role as chairman of the Eurogroup of finance ministers of the currency area.
Nicholas Lois, managing director at Lois Builders and YPO member, tells CNBC that a bank run would be a disaster for Cyprus and his business.
Edmund Shing, European index strategist, at S&P/Dow Jones Indices, tells CNBC that Cyprus is 0.2 percent of the Euro Zone economy and in the grand scheme of things a small element.
European Union lawmakers are expected to agree on Wednesday to bar bankers in Europe from getting bonuses bigger than their salary.
Costas Lapavitsas, professor of economics at SOAS, tells CNBC that the crisis in Cyprus was created by the Troika policies and the Greek crisis, not the Cypriots.
Ivan Tchakarov, chief economist at Renaissance Capital, tells CNBC that the Cyprus crisis presents an opportunity for Vladimir Putin to take the moral high ground and become the 'savior of Europe'.
Brian Jackson, Global FX Strategist, Coutts says Europe will be able to ring-fence the Cyprus situation. Rob Aspin, Head of Equity Investment Strategy, Standard Chartered Bank Wealth Management Group joins in the conversation.
Rob Aspin, Head of Equity Investment Strategy, Standard Chartered Bank Wealth Management Group says look at Cyprus as a separate case because 50% of its deposit book being foreigners.
Adrian Foster, Head of Financial Markets Research, Asia Pacific at Rabobank discusses the impact of the Cyprus situation on the euro.
"[W]e are saying [to international lenders] that if you think that by doing this you are fixing things, by...destroying our economy...then we have to say 'no,'" one Cyprus politician said.
U.S. financial giants didn't do business with Cypriot banks or Corporations, reports CNBC's Kayla Tausche; and George Theocharides, Cyprus International Institute of Management and Peter Kakoyiannis, Cyprus U.S. Chamber of Commerce, offer insight.
Dissecting the crisis in Cyprus, and how to position your portfolio, with Michael Santoli, Yahoo! Finance; Jeff Korzenik, Fifth Third Bank; mark Luschini, Janney Montgomery Scott; and CNBC Contributor Carol Roth.
The Cyprus bailout crisis has shaken investors. The parliament in Cyprus has rejected the tax on bank deposits, with Stelios Bouras, WSJ/Dow Jones Newswires Correspondent.
The European Central Bank is reaffirming the commitment to provide liquidity as needed within existing rules to the Cypriot banks.
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Nicolas Véron, senior fellow at Bruegel says the European banking stress tests will show how rigorous a supervisor of the banks the ECB will be.
David Enrich, European banking editor at the Wall Street Journal says problems in the European bank stress tests are likely to be concentrated in Austria and Italy
U.K. Prime Minister David Cameron has slammed the European Union's demands for an additional 2.1 billion euros ($2.65 billion) as a result of the U.K.'s strong economic performance, branding it "unacceptable".