Europe News


  • Basic Hygiene at Risk in Debt-Stricken Greek Hospitals Wednesday, 5 Dec 2012 | 5:40 AM ET
    Since 2000, the number of trained nurses entering the job market has increased, but demand is expected to outpace it  according to the Bureau of Labor Statistics. This leaves many nursing positions unfilled.“There are lots of different nursing categories, but there are always shortages,” said Tony Lee, publisher of  and  “Every time they go through a hiring binge, they have to have another one six months later because of demand.”

    Greek hospitals are in such dire straits that staff are failing to keep up basic disease controls such as using gloves and gowns, threatening a rise in multi-drug-resistant infections, according to Europe's top health official.

  • Taxing Old Age: Pensions in Firing Line, Again Wednesday, 5 Dec 2012 | 4:40 AM ET

    Pensions in Britain will be hit by further cuts to tax relief announced on Wednesday by Finance Minister George Osborne. Analysts tell CNBC that the measures will not just affect Britain's high earners.

  • UK Braces for Attack on Welfare State Wednesday, 5 Dec 2012 | 2:55 AM ET
    Chancellor of the Exchequer George Osborne poses for photographers outside 11 Downing Street.

    The U.K.'s welfare state has a long and distinguished history, with elements of its healthcare recently being compared with President Barack Obama's Medicare reforms.

  • The Most and Least Corrupt Countries Globally Wednesday, 5 Dec 2012 | 12:00 AM ET

    The United States may have the world's largest economy, but it does not even crack the top ten percent when it comes to a perceived lack of corruption, according to Transparency International.

  • Merkel Wins Party Vote, Eyes a Third Term Tuesday, 4 Dec 2012 | 11:52 PM ET
    Germany's Chancellor Angela Merkel

    Angela Merkel re-elected as party leader by a record margin to fight for a third term as chancellor in 2013.

  • Optimistic on UK Economy: State Minister     Tuesday, 4 Dec 2012 | 10:05 PM ET

    Alan Duncan, UK Minister of State, International Development explains why Britain is in a better state than its European peers, dismissing notions the country has lost its regional importance.

  • Is Asia Underperforming?     Tuesday, 4 Dec 2012 | 8:15 PM ET

    Robert Musetti, Global Head of Institutional Sales, Cash Equity, Derivatives and Financing, Asia Pacific, BNP Paribas says that Asia is an underperformer relative to Europe and the United States. He explains why.

  • Predictions: Will Economic Growth Pick Up in 2013? Tuesday, 4 Dec 2012 | 11:25 AM ET
    Ben Bernanke

    Will the "fiscal cliff" be resolved by 2013? Where will the unemployment rate be at the end the year? Predictions from CNBC economics reporter Steve Liesman.

  • UK's Prince William and Kate Expecting a Baby Tuesday, 4 Dec 2012 | 7:26 AM ET

    Britain's Prince William and his wife Catherine are expecting a baby, destined to be the country's future monarch.

  • CNBC's Ross Westgate reports on all the market moving events from Europe, including gains for defensive stocks such as utilities.

  • New London Finance Jobs at 5-Year Low Tuesday, 4 Dec 2012 | 4:58 AM ET
    City of London

    London's financial sector suffered its worst November for hiring since before the financial crisis, with the number of new jobs created falling by a third year-on-year.

  • Japan’s Warning Signal to the West Tuesday, 4 Dec 2012 | 4:50 AM ET
    Tokyo, Japan

    Governments and economists from elsewhere in the developed world are looking East for a clue to the long-term consequences of loose monetary policy.

  • Europe vs. Facebook: Students Plan to Sue Tuesday, 4 Dec 2012 | 3:09 AM ET

    Facebook privacy campaign group europe-v-facebook plans to sue the social network in Ireland,it said on Tuesday.

  • Vatican Unveils Pope's Twitter Handle: @pontifex Tuesday, 4 Dec 2012 | 2:50 AM ET
    Pope Benedict XVI waves to the faithful as he arrives at the St. Peter's Basilica for a mass with newly appointed cardinals on November 25, 2012 in Vatican City, Vatican.

    Pope Benedict's new handle on Twitter will be @pontifex, beating out other contenders that had been considered to showcase the thoughts of one of the world's most visible leaders.

  • Nikos Michaloliakos is the leader of the extreme right-wing party, whose name translates as Golden Dawn. It has often attracted controversy, with two high profile murderers linked to the group, and the alleged use of the Nazi salute at an Athens Municipal Council meeting.

    A bomb went off at the offices of a Greek ultra-right group near Athens early on Tuesday causing damage but no casualties.

  • Merkel May Go Green Despite Star Status Tuesday, 4 Dec 2012 | 2:25 AM ET
    Germany's Chancellor Angela Merkel

    Angela Merkel kicks off her re-election drive on Tuesday at a congress of her conservative Christian Democrats (CDU), where the chancellor will be feted like a star for defending German interests in the euro zone crisis.

  • Greece Is on the Road to Recovery: France’s Noyer Tuesday, 4 Dec 2012 | 12:00 AM ET
    Christian Noyer, governor of the Bank of France and a member of the European Central Bank governing council.

    Greece's economy is in recession but there are reasons to be upbeat and the debt-laden nation will be able to rebound strongly as it works its way through reforms, European Central Bank governing council member Christian Noyer told CNBC.

  • Solvency to Be Euro Zone Focus in 2013: Pro     Monday, 3 Dec 2012 | 9:05 PM ET

    Andrew Pease, Global Head of Investment Strategy at Russell Investments, says while Europe has focused on liquidity in 2012, solvency will take the spotlight in 2013.

  • Bullish on China for Next 6 Months: Pro     Monday, 3 Dec 2012 | 7:10 PM ET

    Kevin Gaynor, Co-head of Macro Strategy Research, Nomura is bullish on China in Q4 and Q1 next year, but explains why growth is expected to fade rapidly in the second half of 2013.

  • Euro Could Hit 1.35 Next Quarter: Pro     Monday, 3 Dec 2012 | 6:30 PM ET

    Robert Rennie, Global Head, FX Strategy, Westpac Bank says EUR/USD will continue to rally and could hit 1.35 in the first quarter next year.

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