The threat to the euro area from the Greek crisis and an increasing excess supply of the euro liquidity has driven the dollar up 20% against the euro.» Read More
To mark the “one-year” anniversary of ECB President Mario Draghi's promise to do "whatever it takes" to preserve the euro, CNBC takes a look at Draghi’s other memorable moments.
The European Central Bank may have to cut interest rates and launch a fresh round of unconventional monetary easing to help boost the euro zone economy, which is still weighed down by spending cuts, the IMF said on Thursday.
Positive unemployment data and bank earnings from Spain bode well for next week's growth data, but analysts warned that more needed to be done to cement economic recovery.
With U.K. GDP doubling in the second quarter of 2013, how much should UK Chancellor George Osborne be credited with the turnaround?
A strengthening services sector helped Britain's economy expand by 0.6 percent in the second quarter of the year on the first, according to preliminary estimates.
German business morale improved in July, figures from the German Ifo institute released on Thursday showed.
A trio of Spanish banks, including bailed out lender Bankia, posted big jumps in first-half profits as trading gains and lower writedowns on property assets helped a partial recovery.
A train derailed outside the ancient northwestern Spanish city of Santiago de Compostela on Wednesday evening, killing at least 77 people and injuring up to 131 in one of Europe's worst rail disasters.
Daniel O'Day, the CEO of Roche's pharmaceuticals unit declined to comment on market rumors that the Swiss drug maker is about to bid for Alexion, but told CNBC that the company continues to look for new innovations.
Bernard Charles, CEO of Dassault Systemes, reiterates full year guidance on improving margins and new licences growth and explains why a slowdown in China has not effect on the group.
Credit Suisse CEO Brady Dougan on Thursday tried to reassure investors that a transition to higher interest rates will be positive for the group.
While Prince William and Kate Middleton have yet to give their newborn son a name, the tiny Prince of Cambridge did get his first taste of luxury on the drive home.
The wait was welcomed by UK bookmakers, who have taken in more than £1.5 million in baby-name bets and reported a frenzy in demand since the birth.
Jane Austen, the 19th century author of classics including "Pride and Prejudice" and "Emma" will be the face of the new U.K. £10 banknote, the Bank of England governor announced today.
Analysts are starting to see value in Spanish banks for the first time in years, despite anticipating further earnings downgrades and heavy regulatory headwinds later on this year.
The U.S. is showing signs of recovery but the uncertain outlook could affect Unilever's business in the country, the group's chief executive told CNBC on Thursday.
A combination of additional flights on routes where rivals have cut back and the introduction of allocated seating helped boost easyJet's earnings forecast and send shares in the low-cost carrier (LCC) soaring.
U.K. economic growth is expected to have doubled in the second quarter of the year from the first according to analysts - but some warned against cracking open the champagne just yet.
Euro zone purchasing managers index (PMI) data showed a rebound in July, but analysts warned that the region faced severe headwinds that could impede, and even reverse, the region's return to growth.
Spanish police carried out 31 simultaneous dawn raids on houses and arrested a total of 25 Hells Angels motorcycle club members.
Get the best of CNBC in your inbox
Frederic Oudea, CEO of Societe Generale, says the immediate contagion effect of a Greek exit from the euro zone would be limited.
Frédéric Oudéa, CEO of Société Générale, talks about the possible impact of a Grexit on the markets.
Greek Economy Minister, Giorgos Stathakis, tells CNBC that he remains committed to finding a solution within the euro zone.