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Europe News


  • Energy Costs Push Euro Zone Producer Prices Lower Tuesday, 2 Jul 2013 | 5:11 AM ET

    Euro zone producer prices fell by slightly more than expected in May and for the third straight month reflecting the bloc's stagnant economy and giving the European Central Bank scope to keep rates at a record low.

  • Greece's Finance Minister Yannis Stournaras

    Greece has three days to reassure its lenders it can deliver on conditions attached to its international bailout in order to receive the next tranche of aid, four euro zone officials said on Tuesday.

  • Watch Out, Euro May Be About to Flex Its Muscle Tuesday, 2 Jul 2013 | 2:40 AM ET

    Expectation for the euro to head lower against the dollar could be turned on its head. Here's why.

  • French Watchdog Probes Apple Resale Practices Monday, 1 Jul 2013 | 11:43 PM ET

    France's competition watchdog has raided a number of Apple premises and those of some of its French retailers and distributors. The Financial Times reports.

  • Egyptian President Rebuffs Army Ultimatum Monday, 1 Jul 2013 | 9:59 PM ET
    Egyptian opposition protesters chant during a demonstration in Tahrir Square as part of the 'Tamarod' campaign in Cairo, Egypt.

    President Mursi rebuffed an army ultimatum to force a resolution to Egypt's political crisis and would instead pursue his own plans for national reconciliation.

  • Snowden Rants Against US, Wants Asylum in Russia Monday, 1 Jul 2013 | 7:07 PM ET

    Putin said that Snowden, former national security staffer accused of espionage, would not receive political asylum in Russia unless he stopped publishing classified US documents.

  • Former Portuguese Finance Minister, Vitor Gaspar

    Finance Minister Vitor Gaspar, the architect of Portugal's austerity drive under an EU/IMF bailout, resigned on Monday in a potential blow to its planned exit from the rescue program.

  • Living Large in London Just Got More Expensive Monday, 1 Jul 2013 | 3:39 PM ET

    The price of buying a Patek Philippe, employing a housekeeper or getting a Botox treatment in London outpaced overall inflation in 2012.

  • 'My Conversations Were Bugged' Monday, 1 Jul 2013 | 12:09 PM ET
    Lord Mark Malloch Brown

    A former U.K. minister told CNBC that he "learned to live" with "several security services" bugging his electronic communications.

  • Egypt Army Gives Morsi 48 Hours to Share Power Monday, 1 Jul 2013 | 11:56 AM ET
    Egyptians opposed to President Mohamed Morsi set fire to the Muslim Brotherhood headquarters in the Moqattam district during clashes in Cairo on June 30, 2013.

    Egypt's powerful armed forces gave Islamist President Mohamed Morsi a virtual ultimatum on Monday to share power within 48 hours.

  • Promising UK Data Greet Carney on First Day Monday, 1 Jul 2013 | 9:12 AM ET
    Mark Carney, governor of the Bank of England, is all smiles on first day in charge.

    Strong U.K. manufacturing and mortgage data signaled an improving British economy, coincidentally on the same day the Bank of England welcomed its new governor, Mark Carney.

  • This Is Like 'Cold War': EU Fumes Over US Spying Monday, 1 Jul 2013 | 8:43 AM ET

    European leaders warned on Monday that claims the NSA bugged EU offices and hacked into its computer network could derail major trade talks.

  • The sell-off in commodity currencies over the past two weeks has hit the Norwegian krone particularly hard, but according to one strategist the decline is "overdone" and the krone is set for a rebound.

  • A man looks at shelves of wines at a wine expo in Beijing

    China formally launched on Monday an investigation into whether Europe is unfairly subsidizing and dumping its wines in the Chinese market, potentially adding to trade frictions between the world's second-largest economy and its biggest trade partner.

  • Euro Zone Manufacturing Rebounds to 16-Month High Monday, 1 Jul 2013 | 4:02 AM ET

    Manufacturing output in the euro zone improved in June to a 16-month high, a sign that the economy was stabilizing, albeit slowly. But the readings for individual countries revealed a more mixed picture.

  • Greece and its international lenders resume talks on Monday to unlock 8.1 billion euros ($10.5 billion) of rescue loans after a two-week break during which the government almost collapsed.

  • Nokia Buys Out Siemens in Network Equipment Venture Monday, 1 Jul 2013 | 3:14 AM ET

    Nokia will pay $2.2 billion to buy out partner Siemens AG in their network equipment joint venture, a deal that is likely to bring some stability to the company after it stumbled in smartphones.

  • Forged in War, Ex-Yugoslav Croatia Joins EU Monday, 1 Jul 2013 | 2:09 AM ET
    Dubrovnik, Croatia

    Croatia joined the European Union at midnight on Sunday, two decades since fighting itself free of Yugoslavia.

  • Is It Bananas to Bring Mark Carney to the UK? Monday, 1 Jul 2013 | 1:27 AM ET

    Mark Carney's taking over the reins at The Bank of England from outgoing Governor, Mervyn King, has been greeted with unprecedented fanfare but one analyst has overriding concerns about his appointment.

  • UK Bank Business 'Normal' for First Time Since 2011 Sunday, 30 Jun 2013 | 7:01 PM ET

    The level of business in the U.K. financial services sector returned to a level considered "normal" for the first time since March 2011, according to a survey released on Monday.

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