Europe News


  • What Does Cyprus Mean for Europe?     Tuesday, 19 Mar 2013 | 12:00 PM ET

    Alan Capper, head of credit strategy at Lloyds Banking Group and Matthew Lynn, founder of Strategy Economics discuss on CNBC what the repercussions from the messy Cypriot bailout will be for the rest of Europe.

  • UK Sends Plane-Load of Cash to Cyprus for Its Troops Tuesday, 19 Mar 2013 | 11:39 AM ET
    Nicosia, Cyprus

    Britain said on Tuesday it had sent one million euros ($1.30 million) in cash to Cyprus aboard a military plane for its troops on the island in case cash machines and debit cards stop working.

  • Huffington on Cyprus: GDP Half Apple Earnings Tuesday, 19 Mar 2013 | 8:43 AM ET
    Arianna Huffington at the World Economic Forum in Davos, Switzerland.

    The bailout plan to tax Cyprus bank savers is a "terrible decision" and one fueled by what's good for Germany, Arianna Huffington told CNBC.

  • Boeing Signs Landmark $15.6 Billion Order With Ryanair Tuesday, 19 Mar 2013 | 8:01 AM ET

    Ryanair announced a $15.6 billion order for 175 passenger jets from Boeing on Tuesday in a deal that will allow the Irish airline to consolidate its position as Europe's dominant low-cost carrier.

  • De-Stressing at Work With Arianna     Tuesday, 19 Mar 2013 | 7:31 AM ET

    Arianna Huffington, The Huffington Post editor-in-chief, discusses the importance of corporate wellness and how relaxation techniques can help workers reduce stress.

  • Ariannna on the Crisis in Cyprus     Tuesday, 19 Mar 2013 | 7:06 AM ET

    "It is a terrible decision," Huffington says, weighing in on the Cyprus plan to levy bank depositors.

  • Global Markets: European Shares Move Lower     Tuesday, 19 Mar 2013 | 6:11 AM ET

    CNBC's Kelly Evans reports on the top market stories from Europe, as investors await the outcome of a critical vote in Cyprus to tax bank deposits.

  • Pound Poised for UK Budget Shakeup Tuesday, 19 Mar 2013 | 5:51 AM ET
    Chancellor of the Exchequer George Osborne poses for photographers outside 11 Downing Street.

    Monetary policy could be set to change in the U.K. when George Osborne unveils his latest budget, but any alterations to the Bank of England's remit could sink the sterling even further, analysts told CNBC.

  • US Market Still Cheap: Pro     Tuesday, 19 Mar 2013 | 5:30 AM ET

    Michael Crofton, president and CEO of the Philadelphia Trust Company, says Cyprus will not be problematic for U.S. trade.

  • Valentijn Van Nieuwenhuijzen, head of strategy at ING Investment Management, tells CNBC how he is reducing his exposure to Europe despite seeing some positives to the Cyprus bailout deal.

  • Nicholas Spiro, managing director at Spiro Sovereign Strategy, tells CNBC that to take the risk on Cyprus for a puny 5.8 billion euros 'beggars belief'.

  • European Markets Open Lower on Cyprus     Tuesday, 19 Mar 2013 | 4:00 AM ET

    Karen Cho takes you through the European Market open where stocks have come in lower ahead of the Cyprus vote.

  • ARM CEO to Step Down; Shares Fall Tuesday, 19 Mar 2013 | 3:58 AM ET

    Warren East is stepping down after nearly 12 years, making way for another ARM insider as the British electronic chip designer looks to expand globally.

  • Sainsbury Sales Beat, but CEO Voices Caution Tuesday, 19 Mar 2013 | 3:49 AM ET

    The operator of the U.K.'s third-biggest supermarket chain J Sainsbury, beat expectations on Tuesday with quarterly like-for-like sales (excluding fuel) rising by 3.6 percent. Analysts polled by Reuters had expected a rise of just 2.3 percent.

  • US Rally Will Continue Despite Cyprus: Pro     Tuesday, 19 Mar 2013 | 3:30 AM ET

    Anthony Scaramucci, managing partner at Skybridge Capital, tells CNBC that like when Lehman Brothers was allowed to fail, allowing Cyprus to fail will have unintended consequences.

  • Efi Xzanthou, a member of Cyprus's Green Party and Parliamentary Finance Committee, tells CNBC that as soon as they open there will be a run on the banks as no depositor will feel safe.

  • Cyprus Levy 'Not Such a Bad Idea': Pro     Tuesday, 19 Mar 2013 | 3:00 AM ET

    Stephane Deo, global head of asset allocation at UBS, tells CNBC that taxing small savers in Cyprus is the wrong thing to do, and taxing big depositors is a better solution.

  • Experts Warn On Cyprus Bank Tax     Tuesday, 19 Mar 2013 | 2:38 AM ET

    The Cypriot parliament will today vote on the highly controversial levy on bank deposits, CNBC has been speaking to a number of market experts who all warn that the tax sets a dangerous precedent.

  • Cyprus Tax: 'Blowing Capitalism's Brains Out'     Tuesday, 19 Mar 2013 | 2:30 AM ET

    Steve Keen, professor of economics at the University of Western Sydney, argues that if you destroy the trust depositors have in their bank accounts then you destroy the oil of capitalism.

  • Berlusconi Threatens Protests, Italy Stalemate Deepens Tuesday, 19 Mar 2013 | 2:27 AM ET
    Silvio Berlusconi

    Former Italian Prime Minister Silvio Berlusconi promised a wave of protests if a center-left candidate was elected to succeed President Giorgio Napolitano.

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