Sanctions are intended to tighten the screws on Russia by targeting broad sections of its economy and financial markets.» Read More
Spain's conservative prime minister is preparing a package of small measures - such as tax breaks for young entrepreneurs - to stimulate the economy even as he vows to stick to budget cuts.
Ashraf Laidi, Chief Global Strategist at City Index says the EUR could go up to 1.39 in the first quarter.
Almost 100 billion euros of private funds flowed back into the euro zone's periphery late last year after action by the European Central Bank encouraged reinvestment in the crisis-hit countries. The Financial Times reports.
European shares closed mixed on Monday, boosted by upbeat U.S. durable goods sales data showing orders jumped 4.6 percent in December. Expectations had been for a 1.8 percent rise.
CNBC's Simon Hobbs reports on what moved markets today in Europe.
Spain may end its ban on short-selling stocks and bonds this week as the euro zone crisis relents, although controls could stay for bank shares which speculators targeted heavily during last year's turmoil.
CNBC's Kelly Evans reports European shares were flat on Monday, bringing a temporary halt to the rally being seen across global stock markets.
The return of risk appetite has boosted European stock markets, as more investors have rotated out of safe-haven bonds, and new research shows sentiment towards European equities is now at the best level in several years.
The Italian National Revenue Agency is being accused of bullying after taking on tax-evasion by looking at how much suspected tax cheats spend. The New York Times reports.
This month, the Italian National Revenue Agency decided to try a new tack. Rather than attempting to ferret out how much suspected tax cheats earn, the agency began trying to infer it from how much they spend.
Jonathan Stubbs, European equity strategist at Citigroup, tells CNBC why equities represent such good value in the current economic climate.
The British Prime Minister threw down the gauntlet on EU membership last week, announcing a referendum on U.K. membership of the EU by 2017. Now a new opinion poll in France shows a majority of the French population favor an exit by the British - "Les Rosbifs" - from the Union.
Karen Cho takes you through the European market open where stocks have opened flat.
Nick Clegg, leader of the junior party in Britain's ruling coalition, denounced David Cameron's pledge to hold a referendum on quitting the European Union, as polls on Sunday indicated the prime minister's move may gain him votes.
Former prime minister Silvio Berlusconi triggered outrage from Italy's political left on Sunday with comments defending fascist wartime leader Benito Mussolini at a ceremony commemorating victims of the Nazi Holocaust.
Bank of America has begun moving more than $50bn of derivatives business out of its Dublin-based operation and into its UK subsidiary, according to people close to the operation.
The head of the European Central Bank (ECB) has clashed with Germany's finance minister over Cyprus, arguing that failure to bail out the tiny island nation could endanger the wider euro zone.
Credit Suisse Group Inc faces a potential $2 billion of exposure over fraud that occurred a decade ago at National Century Financial Enterprises, a result of a federal judge's determination on how to apportion responsibility.
Monte dei Paschi di Siena said on Sunday it was seeking a financial investor as the political storm over a derivatives scandal at the ailing bank intensified ahead of next month's Italian election.
Han De Jong, Chief Economist, ABN Amro says markets are ripe for a pullback but they're still at the early stage of a very significant move up.
Get the best of CNBC in your inbox
Yannick Naud, portfolio manager at Sturgeon Capital, says the latest EU sanctions against Russia are "very strong" and explains how they are likely to impact both Russia and European countries.
Tim Drayson, head of economics at Legal and General Investment Management, says second quarter GDP in the U.S. is going to rebound after a "lousy" first quarter.
Gerard Ryan, CEO of IPF, says the company is not a payday lender and discusses how its lending operation works.