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Europe News


  • Silvio Berlusconi

    The president of the European Parliament, warned Italians on Thursday not to back the scandal-ridden media tycoon at the ballot box.

  • Spain Romps Ahead with Above-Target Debt Sale Thursday, 21 Feb 2013 | 8:39 AM ET

    Spain sold more bonds than it had targeted in its third debt sale of the week on Thursday, as the Treasury makes the most of a recent easing in investor concerns.

  • Intesa CEO: 20% of Italy’s Firms 'Won’t Make It’ Thursday, 21 Feb 2013 | 7:28 AM ET
    St. Peter's Basilica in Rome, Italy.

    Twenty percent of Italian companies are set to fail, Intesa Sanpaolo Chief Executive Enrico Cucchiani, told CNBC on Wednesday.

  • Global Markets Update: EU Shares Lower   Thursday, 21 Feb 2013 | 6:12 AM ET
    Global Markets Update: EU Shares Lower

    CNBC's Kelly Evans reports concerns on the future of quantitative easing from the Federal Reserve, and weak economic data sent European sharply lower on Thursday.

  • Intesa CEO: 20% of Italy's Firms Won't Make It   Thursday, 21 Feb 2013 | 6:00 AM ET
    Intesa CEO: 20% of Italy's Firms Won't Make It

    Enrico Cucchiani, CEO of Intesa Sanpaolo, tells CNBC that the bottom 20 percent of Italian companies have seen top line shrinking 35 to 45 percent.

  • Iceland Looks to Export Power Bubbling From Below Thursday, 21 Feb 2013 | 5:30 AM ET

    With the ability to produce electricity far beyond the requirements of its population, Iceland is looking into the possibility of laying an enormous "extension cord", which would enable them to export to the huge European market.

  • Hottest Mobile Trends Thursday, 21 Feb 2013 | 4:43 AM ET

    The biggest mobile trade show in the calendar kicks off on February 25 in Barcelona, Spain. Industry watchers expect new products to be unveiled by a host of players including Google, Samsung, HTC and Sony at the Mobile World Congress.

  • Euro Zone Recovery Hopes Dealt a Blow in February: PMIs Thursday, 21 Feb 2013 | 4:19 AM ET
    Euro Zone Faces 'Winter of Discontent': Pro

    Hopes the euro zone might emerge from recession soon were dealt a blow on Thursday, as surveys showed the downturn in the region's businesses worsened unexpectedly this month - especially in France.

  • Goldman Sachs: European Stocks Will Head Higher   Thursday, 21 Feb 2013 | 4:00 AM ET
    Goldman Sachs: European Stocks Will Head Higher

    Peter Oppenheimer, chief global equity strategist at Goldman Sachs, tells CNBC that the prospects for equities still look good, but it's not surprising that we are seeing a pullback.

  • Swiss Re CFO: Increasing Dividend by Seventeen Percent

    George Quinn, CFO of Swiss Re, tells CNBC that the company's financial position and opportunities ahead are a pretty unbeatable combination.

  • European Markets Open Down   Thursday, 21 Feb 2013 | 3:00 AM ET
    European Markets Open Down

    European markets open down on the Federal Reserve news.

  • Market Music Has Stopped, I'm Getting Out: Gartman Thursday, 21 Feb 2013 | 2:50 AM ET
    Dismayed at Obama Win but…Good for Stocks: Gartman

    The U.S. Federal Reserve's signal that it may not continue its bond buying program is a game changer for global equity markets, Dennis Gartman, editor of "The Gartman Letter" told CNBC on Thursday.

  • Financier Rothschild Defeated in Bumi Showdown Thursday, 21 Feb 2013 | 2:45 AM ET
    Nathaniel Rothschild, founder of NR Investments and Samin Tan, chairman of Bumi PLC

    Financier Nat Rothschild, co-founder of coal miner Bumi, was defeated in his bid to oust the company's current chairman and chief executive on Thursday, losing a public showdown with Indonesia's influential Bakrie family.

  • Nat Rothschild: May Be Difficult for Us to Win   Thursday, 21 Feb 2013 | 2:30 AM ET
    Nat Rothschild: May Be Difficult for Us to Win

    Nat Rothschild, founder of NR Investments and a shareholder in Bumi PLC, tells CNBC that the shareholder vote is too close to call but minority shareholders have voted against the board. He also makes other allegations that have been denied by Bumi.

  • Italy's Banks Are 'Pretty Stable': Intesa CEO   Thursday, 21 Feb 2013 | 2:15 AM ET
    Italy's Banks Are 'Pretty Stable': Intesa CEO

    Intesa CEO Enrico Cucchiani says the Monte dei Paschi scandal is an isolated case.

  • Timeless Suits From London's Savile Row Back in Fashion Thursday, 21 Feb 2013 | 2:12 AM ET

    Savile Row tailors may feel like a museum to Britain's faded imperial glory but the bespoke menswear business on "the Row" is enjoying a remarkable resurgence.

  • Investors Beware Italy's 'Joker in the Pack' Thursday, 21 Feb 2013 | 1:43 AM ET
    A giant paper mache float representing Italian comedian and politician Beppe Grillo moves through the streets of Viareggio, Italy.

    Markets are underestimating the risk of a surprise election result in Italy and the possibility of new elections within the year as support for "protest" parties in the country grows, analysts have warned.

  • Concern is mounting that Germany is drifting apart from other countries at the core of the single currency bloc, notably France.

  • Capgemini: Rebalancing Away From Europe   Thursday, 21 Feb 2013 | 1:30 AM ET
    Capgemini: Rebalancing Away From Europe

    Aiman Ezzat, CFO of Capgemini, tells CNBC they are trying to increase the share of their revenue coming from fast-growth economies and North America.

  • ECB Policies Still Too Tight   Thursday, 21 Feb 2013 | 12:10 AM ET
    ECB Policies Still Too Tight

    Mikio Kumada, Executive Director & Global Strategist at LGT Capital Partners says the ECB policies are still too tight.

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