Greece's government will not cooperate with the EU and IMF mission bankrolling the country and will not seek an extension to the bailout program.» Read More
The stage is being set for the battle for the heart of Italy, as warning signs about the state of the country’s economy become more difficult to ignore.
CNBC's Ross Westgate reports on all the market moving events from Europe, as bank stocks pushed higher after regulators eased key elements in the Basel III reform package.
Franco-Dutch carrier Air France-KLM is in "advanced" talks to take control of Italy's flagship airline Alitalia by the summer, Rome's Messaggero newspaper reported on Sunday without citing its sources.
With scant prospect of a swift return to growth in the Euro zone, the risk in 2013 is less outright conflagration in the single-currency area than a fraying of social and political ties and an insidious erosion of hope.
Willem Nabarro, Head of European Equities for Asia at Exane-BNP Paribas says that the worst is over in Europe and investors should now turn their attention to the peripheral countries such as Italy and Spain where he believes there is money to be made.
John Woods, chief investment strategist at Citi Private Bank, said investors should be cautious on global growth as he does not see any upside or any magic bullets coming to the markets.
Jim Walker, Founder and CEO, Asianomics sees a bleak outlook for the global economy in 2013, largely due to expectations for poor company earnings.
French film star Gerard Depardieu received a hug from President Vladimir Putin and a new Russian passport on Sunday after abandoning his homeland to avoid a new tax rate for millionaires.
Global regulators gave banks four more years and greater flexibility on Sunday to build up cash buffers so they can use some of their reserves to help struggling economies grow.
The search resumed Saturday for a small plane that has disappeared off the Venezuelan coast with six people aboard, including Vittorio Missoni, a top executive in Italy's Missoni fashion house.
CNBC's Simon Hobbs reports European stocks move fractionally higher on U.S jobs report.
Microsoft is pressuring European regulators to take a harsher line on Google after America’s FTC let the search giant off without punishment.
Rick Santelli strongly objects when Kelly Evans quotes a strategist calling the Republicans "lunatics" for threatening to push the U.S. into a "technical default" by failing to raise the U.S. debt ceiling.
Tentative signs the euro zone may have passed the worst of its downturn emerged in December but business surveys also suggested Britain's economy tipped back into contraction in the final months of 2012.
Europe's largest financial institutions, which have been readjusting since the onset of the 2008 financial crash and the sovereign debt crisis that followed, are causing pain all over the globe that will have long term implications, according to analysts. They argue that the situation will only worsen without the proposed European banking union.
CNBC's Ross Westgate reports stocks edged lower in a choppy day of trading after data on Europe's service sector showed a mixed picture.
Joe Weisenthal, deputy editor at Business Insider, tells CNBC that the euro zone needs to establish a transfer union like the one in the United States, where rich countries subsidize poorer ones.
Joe Rundle, head of trading at ETX Capital, tells CNBC that the euro zone hasn¿t solved its problems and needs some form of event to push them into long-term action.
Steve Sedgwick takes you through the European markets which, have opened slighly lower in response to Fed minutes.
Lothar Mentel, CIO of Tatton Investment Management and Jim McCaughan, CEO of Principal Global Investments, discuss how Europe could still see a painful political event.
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Sachin Patel, head of U.K. capital markets at Funding Circle, discusses peer-to-peer lending and the benefits of it.
Neil Atkinson, head of analysis at Lloyd's List Intelligence, says that there is not enough oil demand growth, which will lead to a continued surplus of supply for the first half of 2015.
Lynnden Brannigan, head of technical strategy at Barclays, discusses currencies and oil movements.