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  • Monsanto Saying No to GMO Crop Expansion in Europe Friday, 31 May 2013 | 2:56 PM ET
    Farmer Matt Wiggeim unstraps a delivery of Monsanto DeKalb brand seed corn on a farm in Princeton, Ill.

    Monsanto is not pushing for expansion of genetically modified crops in most of Europe as opposition to its biotech seeds in many countries remains high, company officials said.

  • Bottle of Wine From French Palace Sells for $9,400 Friday, 31 May 2013 | 12:03 PM ET
    A bottle of the finest wine from the cellars of the Elysee Palace, a 1990 Pomerol Chateau Petrus.

    The two-day auction of 1,200 bottles of wine from the Elysee Palace is on pace to surpass its estimate of $300,000, helped by the sale of a 1990 Petrus for $9,400.

  • EU’s Rehn ‘Amazed’ by Hollande’s Criticism Friday, 31 May 2013 | 8:52 AM ET

    European Commission's economic chief, Olli Rehn, said he was "amazed" that France had criticized his team for recommending reforms while proposing more economic coordination for the euro zone.

  • European Banks Set to Cash in on Subprime Sales Friday, 31 May 2013 | 8:23 AM ET

    Europe's banks, which were among the biggest buyers of U.S. mortgage bonds before the financial crisis, are set to cash in on America's housing recovery by selling the once "toxic" assets back to U.S. lenders.

  • tip-jar-200.jpg

    North Americans may have a reputation for generous tipping, but Germans are actually more likely to tip while on holiday, according to a TripAdvisor survey.

  • Out With the 'Grexit,' and in With the 'Greecovery' Friday, 31 May 2013 | 7:28 AM ET

    Greece's economy is showing the first signs of a recovery, reducing the odds of it exiting the euro zone, according to a new report from analysts at Berenberg Bank.

  • Italy Youth Unemployment Hits Record 40.5% Friday, 31 May 2013 | 6:31 AM ET
    youth unemployment-1396945735_v2.jpg

    Italy's overall jobless rate and youth unemployment edged up in April to the highest levels on record, data showed on Friday.

  • Demonstrators from the anti-capitalist Blockupy movement will seek to cut off access to the European Central Bank and other financial institutions in Frankfurt on Friday, to protest their handling of Europe's debt crisis.

  • Billions Stolen From Sochi Winter Olympics: Report Friday, 31 May 2013 | 3:05 AM ET
    Russian President Vladimir Putin

    Russian businessmen and officials close to President Vladimir Putin have stolen up to $30 billion from funds intended for preparations for next year's Sochi Winter Olympics, according to a report released on Thursday by opposition leaders.

  • Business Group Warns on Sterling Debasement Friday, 31 May 2013 | 2:45 AM ET

    As the Bank of England prepares for the tenure of new governor Mark Carney, one industry lobbyist has warned that another debasement for sterling will lead to dangerous inflation.

  • UBS Lifts Banker Pay to Entice Staff to Stay Friday, 31 May 2013 | 2:32 AM ET

    UBS is set to raise pay for investment bankers by an average 9 percent to entice staff into staying by lifting salaries to market rates.

  • God’s New Banker Tries to Clean Up Vatican Friday, 31 May 2013 | 1:24 AM ET
    The Vatican

    The new head of the Vatican bank will need plenty of prayer and strength to rescue its scandal-torn reputation.

  • UK Growth Will Beat Expectations: Industry Body Thursday, 30 May 2013 | 7:00 PM ET

    The U.K. could post better-than-expected GDP numbers over the next three years, thanks to a strong service sector, the British Chambers of Commerce said Friday.

  • Europe Likely to Slash Financial Transaction Tax Thursday, 30 May 2013 | 3:52 PM ET
    German Chancellor Angela Merkel

    European countries planning a tax on financial transactions are set to drastically scale back the levy, cutting it by 90 percent, in what would be a major victory for banks.

  • France Irks Germans, Says EU Can't Dictate Reforms Thursday, 30 May 2013 | 2:42 PM ET

    President Francois Hollande pledged to carry out long overdue reforms but said it was up to Paris, not the EC, to determine how they are implemented.

  • Rising Oil Prices: The Euro Zone's Next Big Problem? Thursday, 30 May 2013 | 10:31 AM ET

    After the banking crisis, oil prices are the next threat to the euro zone, analysts told CNBC, arguing that prices will rise once the shale oil revolution in the U.S. dies down.

  • EU Takes UK to Court for Lack of Migrant Benefits Thursday, 30 May 2013 | 7:56 AM ET
    Passengers at Heathrow

    The European Commission has referred the U.K. to the EU's Court of Justice for not allowing citizens of the Union residing in the U.K. to receive social security benefits which they are entitled to under EU law.

  • Goldman: Carry On Buying Thursday, 30 May 2013 | 5:55 AM ET

    Global stocks may have been on a wild ride of late but the world's biggest investment bank has told investors they should continue to buy equities.

  • Hollande Reform Defiance Sparks German Anger Thursday, 30 May 2013 | 3:44 AM ET
    French President Francois Hollande (L) speaks with German Chancellor Angela Merkel (R)

    President Francois Hollande's insistence that the EU executive can't "dictate" reforms to France has outraged Angela Merkel's conservatives, hours before the German leader was due in Paris for talks.

  • German Companies Sip From Spain's Jobless Pool Thursday, 30 May 2013 | 3:28 AM ET

    German companies including BMW and BASF are recruiting small numbers of unemployed young Spaniards against a backdrop of chronic youth unemployment in southern Europe and a growing shortage of skilled labour in Germany.

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Europe Video

  • UK polls show race tied

    Who's going to walk into 10 Downing Street as the U.K.'s Prime Minister? Damian Lyons Lowe, CEO of Survation, weighs in with his thoughts on the U.K. party leaders.

  • Europe shares end mostly higher as euro rallies

    European equities closed mostly higher on Wednesday as investors reacted to a slew of earnings reports and new economic data, as the euro rallied against the dollar.

  • UK elections: Who's better for business?

    Ahead of the UK elections, Bill O'Neill, head of the UK investment office at UBS Wealth Management, talks about which UK political party would be better for business, especially with the heated discussion on an EU referendum.