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Europe News


  • Spanish and Italians CEOs Best Paid in Euro Zone Monday, 10 Jun 2013 | 12:19 PM ET

    Despite posting record unemployment figures in the first quarter of this year, Spain and Italy’s CEOs are the best paid in the euro zone.

  • Woman Tops List of Britain’s Highest-Paid CEOs Monday, 10 Jun 2013 | 7:23 AM ET
    Angela Ahrendts

    Angela Ahrendts, the chief executive of luxury fashion brand Burberry, has become the first woman to top the list of highest paid CEOs in Britain, according to a survey of the U.K.'s largest listed companies.

  • AstraZeneca Buys Pearl for Up to $1.15 Billion Monday, 10 Jun 2013 | 5:37 AM ET
    Respiratory therapists assess, treat, and care for patients with breathing disorders.

    AstraZeneca is to buy U.S. respiratory drug specialist Pearl Therapeutics for up to $1.15 billion, as Britain's second biggest drugmaker steps up a drive to rebuild its product pipeline via deal-making.

  • Orange CEO Held For Questioning in Tapie Case Monday, 10 Jun 2013 | 4:35 AM ET

    Orange CEO Stephane Richard was held for questioning on Monday over his role in a 2008 arbitration process that resulted in a large pay-out to businessman Bernard Tapie.

  • Turkish PM Threatens to 'Choke' Foreign Speculators Monday, 10 Jun 2013 | 3:07 AM ET
    Turkish Prime Minister Recep Tayyip Erdogan speaks to thousands of his supporters who greeted the prime minister at Istanbul airport on his return from a North African tour.

    Turkey faced fresh turmoil on Monday, as the lira weakened against the dollar and trading in the Istanbul stock market was delayed following a glitch.

  • Will Germany's Top Court Disarm ECB's Bazooka? Monday, 10 Jun 2013 | 3:02 AM ET
    The judges of Germany's constitutional court.

    The ECB's bond-buying program, widely credited with drawing a line under the region's crisis, is to undergo scrutiny in Germany's top court this week, prompting fears that the judges could put restrictions on the plan.

  • Europe's Vanishing Tax Havens Monday, 10 Jun 2013 | 2:16 AM ET

    Some of the most famous tax havens in the world are in the heart of Europe, where a history of banking secrecy has created opportunities for large savings. But these havens are under increasing pressure to unlock their secrets.

  • Europeans Learn Chinese but Firms Say Don’t Bother Monday, 10 Jun 2013 | 2:12 AM ET

    Europeans are increasingly learning Chinese to boost their career prospects, but recruitment firms warn difficulties mastering the language, plus the insularity of European business, means those efforts may be misdirected.

  • France's Hollande: The Euro Zone Crisis Is Over Monday, 10 Jun 2013 | 1:25 AM ET

    Despite record unemployment in the continent, anemic growth at best and a manufacturing sector in contraction territory, French President Francois Hollande said the euro zone crisis is over.

  • German Monetary Honchos to Go Head-to-Head Sunday, 9 Jun 2013 | 9:12 PM ET
    European Central Bank

    One of the bitterest fights in monetary policy lands in court this week: did the European Central Bank's pledge to save the euro last year undermined the constitution? The Financial Times reports.

  • Merkel Urges More EU Structural Reforms Sunday, 9 Jun 2013 | 7:25 AM ET
    German Chancellor Angela Merkel, speaks in front of a flag of the European Union

    Chancellor Angela Merkel urged European Union countries to carry out further structural reforms, saying Germany could only remain in good shape if the European economy recovers.

  • Anti-government protestors in Taksim Square

    Turkish Prime Minister Tayyip Erdogan's AK Party ruled out early elections as tens of thousands of anti-government demonstrators defied his call for an immediate end to protests.

  • South Africans Pray for Hospitalized Mandela Sunday, 9 Jun 2013 | 5:08 AM ET
    Nelson Mandela

    South Africans prayed for Nelson Mandela's recovery on Sunday as the 94-year-old former president spent a second day in hospital.

  • Swedish Princess Prepares to Wed American Banker Friday, 7 Jun 2013 | 4:24 PM ET
    Swedish Princess Madeleine and Christopher O'Neill arrive for the traditional National Day celebrations in Stockholm.

    Princess Madeleine of Sweden will marry New York banker Christopher O'Neill this weekend in a lavish ceremony expected to draw royalty from around the world.

  • UK Austerity Could Last Until 2020: Think Tank Friday, 7 Jun 2013 | 8:20 AM ET
    Chancellor of the Exchequer George Osborne

    A leading think tank in the U.K. has said it will not just be the 2015 election that hinges on austerity measures but the 2020 one too.

  • Euro Zone Engine Sputters on Weaker Exports Friday, 7 Jun 2013 | 4:09 AM ET
    German Factory Worker.jpg

    Germany's Bundesbank cut its growth outlook for Germany, as it sees exports rising slower than imports, but added that the country could see strong growth in the second quarter of this year.

  • Don't Panic! Equity Markets to Go Higher: Goldman Friday, 7 Jun 2013 | 3:59 AM ET

    Market concerns over Federal Reserve tapering, a weak patch in global economic data and a slower than expected recovery are not the start of a major "pull down", Goldman Sachs told CNBC.

  • Cyber Security Questioned After UK Huawei Deal Friday, 7 Jun 2013 | 3:33 AM ET

    A highly critical report by U.K. lawmakers has shone a light on deficiencies in the government's ability to spot national security risks after a deal struck between BT and Chinese mobile giant Huawei in 2005.

  • Mobius: Look East for Gains Friday, 7 Jun 2013 | 1:48 AM ET
    Templeton's Mark Mobius

    Eastern European frontier markets like Romania offer the best value around, according to industry stalwart Mark Mobius.

  • Polish Leader Signals Austerity as Growth Slumps Friday, 7 Jun 2013 | 12:39 AM ET

    Poland's Prime Minister Donald Tusk said his country would have to tighten spending because revenues had been lower than expected.

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Europe Video

  • The boom in online ads

    Eleni Marouli, senior analyst at IHS, explains what has driven the growth in online advertising and spending.

  • European shares close lower as Greek vote eyed

    European equities closed lower on Friday as investors looked ahead to Sunday, when a referendum that could affect Greece's future in the euro zone will take place.

  • Limited contagion risk from Greece?

    Stephen Macklow-Smith, European equities portfolio manager at J.P. Morgan Asset Management, discusses European stocks after the market's worst week this year.