The IMF and international creditors may need to reduce the principal amount Greece owes to avert a bigger crisis. Here are predictions.» Read More
The Swiss government is considering a proposal to disclose bank client names and pay a multibillion-dollar fine to the United States to resolve a dispute over tax-evasion cases. The New York Times reports.
Mark Carney may move to depreciate the pound, according to Pimco, a gambit which would see the U.K. join the global battle of countries competing to soften their currencies.
While banks must be "credible" and have capital buffers in place, they also must remain profitable to prevent them from taking unnecessary risk, the German central banker responsible for financial stability said.
The Bank of England's deputy governor, has accused investment banks of spending the last 20 years trying to dodge the rules.
Brussels will on Wednesday give its clearest signal yet that it is moving away from a crisis response based on austerity, allowing three of the EU's five largest economies to overshoot budget deficit limits. The FT reports.
Banks have been skipping along the yellow brick road, content in a fairytale landscape awash with quantitative easing. But the sky darkened last week, as the industry's best friend threatened to become a foe.
German Finance Minister Wolfgang Schaeuble warned on Tuesday that abandoning the continent's welfare model in favor of tougher U.S. standards would cause "revolution".
The French central bank chief urged President Hollande and his government to stop hiking taxes and to cut government spending. His comments on Tuesday echoed ratings agency Standard & Poor's calls.
Germany's insistence on keeping wage growth in check has given the country an unfair competitive advantage and is preventing troubled countries from returning to growth, a new study argues.
Hungary's central bank lowered its key interest rate by another 25 basis points to 4.5 percent on Tuesday. It is the tenth consecutive 25 basis point cut.
Bank of America Merrill Lynch has sliced its 2013 outlook for silver, in a warning sign for investors that view it as a leading indicator for gold.
CNBC's Karen Tso reports on all the market moving events from Europe, after a public holiday on Monday and recent volatility in Asia subsided.
Analysts warn that French president François Hollande's latest embarrassing U-turn on executive pay, will not be enough to restore entrepreneurs' confidence in the country.
Standard Chartered remains committed to expanding its presence in Africa, the firm's executive director told CNBC.
Agata Urbanska, CEE Economist at HSBC, tells CNBC that there is a wide consensus interest rates will be cut by 25 basis points in Hungary.
Julia Chatterley takes you through the European market open where stocks have come in higher.
Neil Dwane, chief investment officer for Equities for Europe at Allianz Global Investors, tells CNBC that the hard part for both Japan and Europe will be the underlying restructuring of the economy.
France needs to deliver promised budget cuts if it wants to avoid a further credit rating downgrade, Standard & Poor's lead analyst for France said.
Shares in state-owned Spanish lender Bankia tumbled on Tuesday after billions of new shares flooded the market as part of a multi-billion euro cash injection.
Paul Krake, Founder of 'View from the Peak: Macro Strategies', says the global trade environment is not a level playing field, but proposed EU tariffs on imported Chinese goods are not the solution. Andy Xie, Independent Economist, joins the conversation.
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Apostolos Bantis, credit analyst of Commerzbank, discusses the situation in Greece following last weekend's bailout referendum.
Tim Edwards, senior director of index investment strategy at S&P Dow Jones Indices, discusses prospects for European equities following last weekend's Greek bailout referendum.
Salman Ahmed, global strategist at Lombard Odier, discusses the fallout from the weekend's Greek bailout referendum.