GO
Loading...

Europe News

More

  • Crisis-Hit EU States Get Wiggle Room on Deficits Friday, 15 Mar 2013 | 4:13 AM ET

    European leaders meeting in Brussels on Thursday hinted that some countries could be given more time to meet their deficit goals as they address high unemployment and seek to ease the pain of tough austerity measures.

  • European Market Opens Slightly Higher   Friday, 15 Mar 2013 | 4:00 AM ET
    European Market Open Flat

    European shares opened slightly higher on Friday, with some focus on a European Union (EU) summit and finance ministers meeting in Brussels where Cyprus is expected to be high on the agenda.

  • Guernsey Tax Deal: Report Unpaid Tax or Face Penalty Friday, 15 Mar 2013 | 3:15 AM ET

    British citizens using Guernsey to keep their money from the prying eyes of the taxman will have to declare their assets to the Treasury under an agreement designed to combat tax evasion. The Financial Times reports.

  • EU Austerity Policy Not Enough: EU Parliament Chief

    Martin Schulz, president of the European Parliament, tells CNBC that the EU needs a combination of budgetary discipline and strategic investment in growth to relaunch the economy, and should work hard in regaining citizens' trust.

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

    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
    The Euro Crisis is Coming Back

    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.

  • EU Leaders Should Push Merkel on Flexibility: Expert

    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’s Culture Attacked

    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
    European Markets Close

    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 Post Strong Gains

    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
    Swedish PM: Austerity Still Needed

    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.jpg

    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
    euro-greek-200.jpg

    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
    Global Markets Update

    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
    European Markets Open Higher

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

Contact Europe News

  • CNBC NEWSLETTERS

    Get the best of CNBC in your inbox

    Please choose a subscription

    Please enter a valid email address
    To learn more about how we use your information,
    please read our Privacy Policy.

Europe Video