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  • Role Model of European Austerity Turns to Stimulus Wednesday, 16 Jan 2013 | 3:50 AM ET
    Riga, Latvia

    As southern euro zone countries groan under the weight of austerity measures, the Baltic country Latvia has been so enthusiastic and seemingly successful in its application of austerity measures that even the International Monetary Fund (IMF) has warned Latvia to not go too far.

  • Helicopter Crashes in South London Wednesday, 16 Jan 2013 | 3:37 AM ET

    A helicopter crashed into a crane in south London Wednesday morning at around 8 a.m. local time, close to Vauxhall train station.

  • European Car Sales Plunge in December Ends Woeful Year Wednesday, 16 Jan 2013 | 3:18 AM ET

    Demand for new cars in Europe fell to the lowest level recorded since 1995, closing a year burdened by heavy declines in all major euro zone economies.

  • ‘Mac’ Tries to Blaze Trail for Merkel Third Term Wednesday, 16 Jan 2013 | 3:06 AM ET
    Germany's Chancellor Angela Merkel

    An election on Sunday in Germany's second-biggest state will be a crucial test of Chancellor Angela Merkel's chances of winning a third term.

  • Banks and Autos Lead European Shares Lower  Wednesday, 16 Jan 2013 | 3:00 AM ET

    Karen Cho takes you through the European market open where all eyes are on US earnings with Goldman Sachs and JPMorgan due to report.

  • World Bank: Worst of the Crisis Is Over  Wednesday, 16 Jan 2013 | 2:15 AM ET

    Andrew Burns, lead economist at the World Bank, tells CNBC why the risks in 2013 are less negative and we could see surprises to the upside.

  • Long Time Bear: Buy Into European Stocks Wednesday, 16 Jan 2013 | 1:21 AM ET

    One of the more notorious market bears has tempered his trademark gloomy predictions boosting the hopes of bulls for a broader shift in investor sentiment. The FT reports.

  • Clarke Steps Up Pro-EU Rhetoric Wednesday, 16 Jan 2013 | 1:16 AM ET

    Ken Clarke has stepped up the pro-European rhetoric as the battle over Britain's future in the EU intensifies, warning that a referendum on the issue is a "gamble" and that David Cameron may be about to open the door accidentally to a British exit, the Financial Times reports.

  • Germany's Growth Could Be Hampered By Euro Zone: Expert  Wednesday, 16 Jan 2013 | 12:45 AM ET

    James Ashley, Senior Economist at RBC Capital Markets says while Germany's economic fundamentals are strong, the external environment is impacting its growth.

  • Michael McCarthy, Chief Market Strategist at CMC Markets says that current official forecasts indicating a strong euro zone recovery are wildly optimistic.

  • Germany Wants Its Gold Back—Should You Worry? Tuesday, 15 Jan 2013 | 11:10 PM ET

    The world's second-biggest holder of gold reserves, Germany, is planning to bring home some of its gold held in New York and Paris - a move that would mark a breakdown of trust between the world's major central banks, analysts said.

  • Spain Calls on Germany to Boost Growth Tuesday, 15 Jan 2013 | 9:08 PM ET

    Mariano Rajoy has called on Germany and other creditor countries in the euro zone to do more to stimulate growth, arguing that a switch to a more expansionary policy would boost economic recovery across the single currency area. The Financial Times reports.

  • Goldman Sachs Backs Down on UK Bonus Plan Tuesday, 15 Jan 2013 | 12:04 PM ET

    Goldman Sachs backed down on Tuesday on its plan to delay paying U.K. bonuses in order to benefit from an imminent cut in the top personal tax rate.

  • Technical Look at the Markets  Tuesday, 15 Jan 2013 | 11:45 AM ET

    Joel Stainton, head of research and trading strategy at SEB Futures, joined CNBC for a technical look at copper, sterling 1-year, and the EU economy.

  • European Markets Close  Tuesday, 15 Jan 2013 | 11:30 AM ET

    CNBC's Simon Hobbs reports on all the market moving events in Europe today, including the German economy growing 0.7 percent in 2012 versus growth of 3 percent in 2011.

  • Berlusconi Says Would Back Draghi as President Tuesday, 15 Jan 2013 | 9:24 AM ET
    Silvio Berlusconi

    Former Italian prime minister Silvio Berlusconi said on Tuesday he would back Mario Draghi if the head of the European Central Bank was proposed as the country's next president.

  • Hints of Competitiveness in Recession-Hit Spain Tuesday, 15 Jan 2013 | 7:14 AM ET
    Demonstrators take part in a protest against government's health cuts and privatisation plans in Madrid on December 16, 2012.

    Latin American markets have been a prime target for Spanish companies because of their language advantage, and giants such as Telefonica and Banco Santander have increased their exposure there to compensate for problems in their domestic market.

  • European Shares Flat After German GDP Data  Tuesday, 15 Jan 2013 | 6:12 AM ET

    CNBC's Kelly Evans reports the latest market action from around the globe, including Italy's plans to tap the debt market for the first time in two years, with a new 15-year bond.

  • Italy's Berlusconi Closing Gap Ahead of Vote Tuesday, 15 Jan 2013 | 5:07 AM ET
    Silvio Berlusconi

    Silvio Berlusconi's center-right coalition is making rapid gains ahead of next month's elections, the latest polls suggest, increasing the possibility that even if the center-left wins as expected it may not be able to form a table Italian government.

  • Euro Zone's Poster-Child Faces a New Crisis Tuesday, 15 Jan 2013 | 3:37 AM ET
    View over Lublijana, Slovenia.

    Protests, a mutiny among politicians calling for the prime minister's resignation, billions in bad debt, and an economic recovery on hold — just a few of the challenges facing Slovenia.

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