Britain's Prime Minister has slammed the European Union's demands for an additional 2.1 billion euros, branding it "unacceptable".» Read More
The euro gained for a fourth straight session on Monday to hit a six-week high as news from Spain and Greece eased concerns about the debt-burdened countries.
CNBC's Simon Hobbs reports Spain formally requested an EU bailout for its banks; and an update on the Greek debt buyback plan, with CNBC's Silvia Wadhwa. Also, an update on U.S. markets, with CNBC's Bob Pisani.
CNBC's Rick Santelli talks with Daniel Stecich, TJM Institutional Services, about the outlook on Europe and its impact on the U.S. economy.
Spain on Monday requested formally the disbursement of 39.5 billion euros of European funds to recapitalize its crippled banking sector.
Swiss bank UBS is close to a settlement with U.S. and U.K. authorities and is expected to pay more than $450 million over claims that some of its employees submitted false Libor rates, the NYT reported.
Greece on Monday said it would conduct its bond buyback offer through a modified Dutch auction method in which investors declare how much they are willing to sell their bonds at before the price is determined.
British Chancellor George Osborne said on Sunday that it would be "catastrophic" to reverse his austerity policy,but Adam Posen, a former member of the Bank of England's Monetary Policy Committee, told CNBC that both Osborne's austerity package - and apocalyptic warnings - were self-defeating.
Melissa Kidd, Director from Lombard Street Research says investors shouldn't be too optimistic on the recent rebound in China data because they come from a very low base. The overall picture for China economy and markets is still very bearish.
China could eclipse the United States sooner than many think as the yuan becomes a major player on the word stage that could put the dollar in the shade, analysts told CNBC.
German Chancellor Merkel said Greece's creditors may look at writing down more of its debt, but not before the current bailout program runs its course.
Advertising tycoon Martin Sorrell says uncertainty across the globe is stifling business, and he criticized Washington for "fiddling while Rome burns."
France backed away from a threat to nationalize a steelworks, saying it secured promises from ArcelorMittal to avoid any forced layoffs at the site.
The euro rose to its highest in more than five weeks against the dollar on Friday, heading for its fourth straight month of gains, as investors clung to hopes that U.S. politicians would reach a fiscal deal before the end of the year.
London-based Prudential PLC is riding the wave of demographic change occurring in emerging Asia, says CEO Tidjane Thiam.
Constantine Michalos, Athens Chamber of Commerce & Industry president, shares his view of what lies ahead for debt-stricken Greece.
European stocks finished higher in choppy trading Friday, logging 17-month highs amid a backdrop of mixed signals about U.S. budget talks.
CNBC's Simon Hobbs reports EU stocks closed higher despite mixed signals from the U.S., and a look at what's moving commodities and stocks, with CNBC's Sharon Epperson and Bob Pisani.
Attorneys for Dominique Strauss-Kahn denied reports he agreed to settle a case with the maid who accused him of sexually assaulting her last year.
Month-end selling dents the yen and Mario Draghi lifts the euro — it's time for your FX Fix.
CNBC's Kelly Evans reports on all the market moving events from Europe, as shares edge higher following comments from ECB President Mario Draghi.
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Nicolas Véron, senior fellow at Bruegel says the European banking stress tests will show how rigorous a supervisor of the banks the ECB will be.
David Enrich, European banking editor at the Wall Street Journal says problems in the European bank stress tests are likely to be concentrated in Austria and Italy
U.K. Prime Minister David Cameron has slammed the European Union's demands for an additional 2.1 billion euros ($2.65 billion) as a result of the U.K.'s strong economic performance, branding it "unacceptable".