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  • Get Out of Lager: Expert  Friday, 15 Mar 2013 | 3:00 AM ET

    Steen Jakobsen, chief economist at Saxo Bank, tells CNBC that lager is one of the worst industries to be in, citing Carlsberg's '10 years of under-performance' to back that up.

  • The Euro Crisis is Coming Back  Friday, 15 Mar 2013 | 2:45 AM ET

    Michael Gallagher, director of research at IDEAglobal, tells CNBC that investors should be shorting bonds as the euro zone heads towards another crisis, centered this time on France and Spain.

  • Italy Parliament Seeks Way Out of Election Gridlock Friday, 15 Mar 2013 | 2:40 AM ET

    Italy's parliament convenes on Friday almost three weeks after last month's inconclusive election, with the parties still deadlocked over how to form a government.

  • Thanos Papasavvas, strategist, fixed income and currencies at Investec Asset Management, tells CNBC that the period before the September elections in Germany is crucial for European leaders to push Germany into taking a more dovish stance on EU reforms as she tries to win over supporters of her main challenger in the elections. The opposition SPD places a greater emphasis on growth than Merkel who has stressed the need for austerity.

  • Bank of England Governor Mervyn King said on Thursday that the central bank was not seeking any further fall in the level of sterling which now appeared to be fairly valued.

  • Rusal CEO: 'Last Act of Drama' in Commodities Thursday, 14 Mar 2013 | 1:37 PM ET

    Oleg Deripaska, the CEO of the world's largest aluminum company Rusal said global commodity producers need to cut output by up to 10 percent.

  • European Markets Close  Thursday, 14 Mar 2013 | 12:30 PM ET

    CNBC's Simon Hobbs reports on all the market moving events in Europe today, as stocks resume their rally and the EU summit begins.

  • European Markets Post Strong Gains  Thursday, 14 Mar 2013 | 12:30 PM ET

    European markets posted strong gains on Thursday, extending a two-week global stock rally.

  • Swedish PM: Austerity Still Needed  Thursday, 14 Mar 2013 | 12:20 PM ET

    Fredrik Reinfeldt, prime minister of Sweden, says there are still countries in Europe in need of austerity because of their huge deficits.

  • Bank of Italy: No Dividends From Loss-Making Banks Thursday, 14 Mar 2013 | 10:13 AM ET
    Banca D'Italia

    The Bank of Italy told Italian banks to further hike provisions they set aside against bad debts to take into account the worsening economic scenario and asked lenders which posted losses not to distribute dividends or bonuses.

  • UBS Gave Investment Chief $26 Million 'Golden Hello' Thursday, 14 Mar 2013 | 9:30 AM ET

    UBS paid CEO Sergio Ermotti almost $9 million and welcomed its new investment bank chief with a $26 million "golden hello" in 2012.

  • Greece and Lenders Fall Out Over Firings Thursday, 14 Mar 2013 | 7:20 AM ET

    A dispute over sacking civil servants has stalled talks between Greece and the "troika" of international lenders, delaying disbursement of a €2.8bn aid tranche due amid fears the bailout program is already veering off track. The FT reports.

  • Leverage created by private equity deals threaten the stability of the financial system, the central bank has warned.

  • Global Markets Update  Thursday, 14 Mar 2013 | 6:10 AM ET

    European shares traded higher on Thursday, ahead of a gathering of European Union leaders for a summit in Brussels, reports CNBC's Kelly Evans.

  • The world's biggest strip club businesses say that business is booming despite the recession, proving that "sex entertainment" still sells despite the global economic downturn. The strip club workers, however, tell a different story.

  • European Markets Open Higher  Thursday, 14 Mar 2013 | 4:00 AM ET

    Steve Sedgwick takes you through the European market open, where stocks have come in higher.

  • Two-Thirds of Italians Oppose Returning to Ballot Box Thursday, 14 Mar 2013 | 3:59 AM ET
    Members of a polling station count the ballot papers after the closure of the polls for the Italian General Election.

    Two-thirds of Italians oppose returning to the ballot boxes after last month's national election left the country in limbo with no dominant political force, according to a poll published on Wednesday.

  • 'Canada's Warren Buffett' Interested in Greek Bank Thursday, 14 Mar 2013 | 2:31 AM ET
    Prem Watsa

    Greece's biggest lender, National Bank (NBG), said on Wednesday that Canadian investment fund Fairfax Holdings was interested in acquiring a stake in it by taking part in a planned recapitalization.

  • Numbers Game Turns Nasty for Greek Stats Chief Thursday, 14 Mar 2013 | 2:12 AM ET

    Economist Andreas Georgiou knew his job would not be easy. It was when he discovered his emails were being hacked and leaked that the real challenge of taming his country's approach to official statistics hit home.

  • Germany Unveils Spending Cuts on Eve of EU Summit Thursday, 14 Mar 2013 | 1:35 AM ET
    German Chancellor Angela Merkel,  walks past flags of the European Union and Germany.

    Germany has ignored calls from its euro zone partners for more economic stimulus by tabling plans to cut spending and balance its budget ahead of schedule on the eve of an EU summit dedicated to growth. The Financial Times reports.

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