The U.S. Treasury Secretary is urging Greece to reach a deal with its creditors, warning that a default would damage the world economy.» Read More
European stocks posted gains on Tuesday after a better than expected reading on investor sentiment in Germany. Louisa Bojesen reports.
CNBC's Simon Hobbs reports on today's market moving headlines, including a report showing new car registrations in Europe are contracting.
Timo Soini, leader of the True Finns Party, tells CNBC why he's pushing for every generation to hold a referendum on Finland's membership of an 'immoral' European Union.
Beppe Grillo, leader of Italy's Five Star Movement, tells CNBC he isn't anti-Europe, but for a different Europe as this one has failed.
Jon Moulton, chairman of Better Capital and Christian Schulz, senior economist at Berenberg Bank, debate the impact the Italian elections could have on the rest of the euro zone.
BP said the U.S. Department of Justice has backed its claim that oil it recovered at the 2010 spill site should be excluded from certain penalties it could face, potentially cutting its final fine by as much as $3.5 billion.
CNBC's Kelly Evans reports European markets traded higher despite a twenty-five percent dip in car registrations.
German analyst and investor sentiment soared to its highest level since April 2010, beating all expectations with at third successive increase and signalling that financial markets are confident Europe's largest economy has turned a corner.
The rise of the protest vote and support for non-mainstream parties in Italy could lead to a surprise in the national election on Sunday,taking key votes away from established candidates in what looks set to be a close race.
CNBC's Carolin Roth takes you through Tuesday's European market open.
Ford, PSA Peugeot Citroen and Toyota led European car sales to a new low in January, kicking off 2013 with an 8.5 percent decline, the Association of European carmakers said on Tuesday.
A meteor that exploded over Russia's Ural mountains and sent fireballs blazing to earth has set off a rush to find fragments of the space rock which hunters hope could fetch thousands of dollars a piece.
Jason Hughes, Head of Premium Client Management at IG Markets says there's a lot of uncertainty in the Europe markets and consequently the euro.
Italian politics is always wildly entertaining. Some pros say it could move the euro. So, how should you play it?
The euro declined against the dollar on Monday after the European Central Bank President Mario Draghi said economic indicators signaled further weakness in the euro zone.
Fraser Lundie, senior credit portfolio manager at Hermes Fund Managers, tells CNBC there's still value left in euro zone peripheral debt.
German billionaire Otto Beisheim, one of the founders of German retail group Metro , took his own life after being diagnosed with an incurable illness, his family company said on Monday.
Arnaud Gandon, chief investment officer, Heptagon Capital says ECB chief Mario Draghi is trying to play a balancing role between helping the euro zone economy and urging politicians to pursue reforms.
2013’s surge in merger and acquisition-related activity is heading for Europe, according to strategists who say the continent has the same essential ingredients in place for a revival in deals as the U.S.
European telecom stocks have declined more than 10 percent over the past year. That sell-off has pushed yields on many large-cap names to between 6 and 10 percent. Yet dividend fund managers who would normally snap up such high yielding stocks are steering clear, worried about the sector's health and the prospect of dividend cuts.
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Masood Ahmed, director of Middle East and Central Asia at the IMF, says that the IMF has two roles to play with Egypt, one of which is to provide dialogue and the other is to provide financial support.
Masood Ahmed, director of Middle East and Central Asia at the IMF, says that Egypt has made a lot of improvements regarding energy subsidies and broader reforms, but still has "a long way to go."
Peter Rosenstreich, chief FX analyst at Swissquote Bank, says the negotiations between creditors and Greece may not end well.