Economist Thomas Piketty contended that Europe needs to forgive Greek debt or live with possibly dire consequences.» Read More
Tobias S. Blattner, director economic research at Daiwa Capital Markets, tells CNBC why the ECB should refrain from using any of its emergency powers unless the economic situation takes a turn for the worse.
Spain's rescued lender Bankia said on Thursday it was in a solid position to return to profit, after writedowns on rotten property assets led it to post Spain's biggest ever corporate loss for 2012.
Carolin Roth takes you through the European market open, where stocks have come in higher after a very strong session in the United States.
Gary McGann, CEO of Smurfit Kappa, tells CNBC that although austerity is necessary in Europe, people can't deal with it forever without any vision or hope.
Europe is embroiled in a Japan-style "lost decade" and must solve its political problems before the economic crisis can be resolved, according to Charles Beazley, CEO of Nikko Asset Management.
The former mayor of Greece's second city, Salonika, and two of his top aides were sentenced to life in prison on Wednesday after being found guilty of embezzling almost 18 million euros, or $23.5 million, in public money. The NYT reports.
Danny McCoy, CEO of IBEC, tells CNBC that Ireland is clearly back in growth mode, but a lot of budgetary discipline will still be required.
Ralph Silva, Research Director at SRN Research and Stuart Oakley, Managing Director, Asian Currency Trading at Nomura are bullish on the U.S. economy despite the looming sequestration.
A colossal savings glut in China, the world's second largest economy, means British workers in their twenties will only be able to retire at 75.
Bankers' bonuses are to be capped at two times bankers' salaries and banks will be subject to a strict transparency regime, under a provisional EU deal that includes minimal concessions to cushion the pay crackdown. The Financial Times reports.
CNBC's Michelle Caruso-Cabrera reports the latest on the Italian election. Political gridlock is pushing the 10-year yield above 5 percent.
Hackers targeted dozens of computer systems at government agencies across Europe in a series of attacks that exploited a security flaw in Adobe software.
Portuguese Economy Minister Alvaro Santos Pereira says it would be "totally" out of the question for Portugal to leave the single currency.
Louisa Bojesen reports on Italy's strong bond auction and the gains for most European stocks on Wednesday.
CNBC's Simon Hobbs reports European shares posted strong gains, helped by a successful bond auction in Italy.
Grillo on Wednesday ruled out voting for any government led by the traditional parties, but said his 5-Star Movement could back individual laws.
A correction could be on its way for equity markets despite the sigh of relief from markets Tuesday, an expert told CNBC a day after the chairman of the Federal Reserve said easy monetary policy would remain in place for now.
Europe is still a very attractive market despite the current political and economic risks, David Rubenstein, co-founder & managing director of the Carlyle Group, told CNBC on Wednesday.
CNBC's Ross Westgate reports yields on Italian bonds reached their highest levels since October 2012 at an auction of five and ten-year debt.
Italy's 10-year debt costs rose more than half a percentage point on Wednesday at the first longer-term auction since an inconclusive parliamentary election, although they remained below the psychologically important level of 5 percent.
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Frédéric Oudéa, CEO of Société Générale, talks about the possible impact of a Grexit on the markets.
Maarten-Jan Bakkum, senior multi-asset strategist for NN Investment Partners, talks about the situation in Greece following last weekend's bailout referendum.
Anthony Attia, CEO of Euronext Paris, talks about the impact of Greece on bond markets and IPOs.