Greece's creditors drafted an agreement to put to the Greek leftist government to conclude four months of acrimonious negotiations and release aid.» Read More
The EU's growth forecasts are proving to be so off the mark, that the real question is whether anyone should even pay attention to them.
CNBC's Kelly Evans reports on Friday's market moving events from Europe, as investors await the release of nonfarm payrolls data in the U.S.
The euro zone economy will shrink by 0.4 percent this year and grow 1.2 percent next year, the European Commission said on Friday, but the recovery is expected to be too slow to reduce joblessness.
Kelly Evans discusses her experience on Worldwide Exchange and what made her year in London so memorable.
A former aide to Christine Lagarde has come under suspicion of attempting to influence a decision on the trajectory of the high-speed train line to prevent it from cutting through his mother's garden.
Charles Diebel, head of market strategy at Lloyds Bank, helps out Kelly on her last day at Worldwide Exchange and delivers the European market report.
Charles Diebel, head of market strategy at Lloyds Bank, says the ECB's strategy is to lower the fragmentation issue by weakening the euro to help peripheral countries.
Wolfgang Schafer, CFO at Continental AG, discusses the quarterly earnings and explains why he expects the rest of the year to improve with China and the U.S. offsetting Europe.
Duncan Farr, European banks specialist at Nomura, says the environment for European banks is very "tricky" as a large number of banks will continue to be in a deleveraging phase for a few years.
The euro jumped against the dollar after ECB Governing Council Member Ewald Nowotny told CNBC on Friday that the markets over-interpreted Mario Draghi's comments on negative deposit rates.
Karen Tso takes you through the European market open where stocks have come in higher.
Ewald Nowotny, member of the Governing Council of the European Central Bank (ECB), tells CNBC that markets over interpreted the possibility of negative deposit rates and there is no specific plan in that direction.
U.K.-government owned Royal Bank of Scotland said it wanted to start writing the sale prospectus for investors in mid-2014 or earlier.
European Central Bank board member Erkki Liikanen told CNBC on Friday that he agreed with the bank's decision to cut interest rates by 25 basis points and said there was no split on the governing council regarding the decision.
Erkki Liikanen, ECB board member, tells CNBC that took action in yesterday's ECB meeting and they are ready and able to act again.
Three senior executives at Royal Dutch Shell have been identified by shareholders and analysts as potential successors to Peter Voser, who announced he would be stepping down as chief executive, the FT reports.
The euro is slowly recovering ground vs. the dollar after taking a knock yesterday on comments from the ECB president, Mario Draghi, who said that the central bank was open to more stimulus. Geoff and Julia report live from Bratislava, where the meeting took place.
France's largest bank, BNP Paribas reported a 45 percent fall in first-quarter net income on Friday and CEO Jean-Laurent Bonnafé told CNBC he is satisfied with the result.
Michael Hewson, Senior Market Analyst at CMC Markets says despite the ECB rate cut, the necessary reforms needed in European economies are not being implemented.
Evan Lucas, Market Strategist at IG says the EUR is now a funding source for yield investments.
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Rik Ferguson, VP of security research for TrendMicro, talks about trends in mobile and IT security.
Kaan Terzioglu, CEO of Turkcell, talks about the company's strategy for the future and working with the Turkish government.
Philip Jennings, general secretary of UNI Global Union, discusses problems facing the economy and the drawbacks of austerity.