“Turbulence may ensue” if no agreement is struck between Greece and its international bailout supervisors soon, the vice-president of the ECB has told CNBC.» Read More
Italy's former Prime Minister Silvio Berlusconi announced his "last great electoral and political battle" on Sunday.
The Spanish PM has strongly denied claims that he and other members of the governing party received secret payments. "I have never received or distributed 'black money', it's false," he said, stressing that he would not resign.
French Finance Minister Pierre Moscovici on Sunday said the government believed it could reach its 2013 economic growth target of 0.8 percent.
London hedge funds Odey Asset Management and Egerton Capital are among those upping their bets against Monte dei Paschi di Siena in recent days, after revelations the troubled Italian bank faces heavy losses.
The game may soon be up for banks that have made themselves look healthier by understating how risky their businesses are, which should help pension funds, savers and companies to decide which institutions to invest in.
Euro zone inflation fell to a two-year low as companies cut prices at a time of record joblessness, potentially giving the European Central Bank more scope to lower interest rates.
CNBC's Simon Hobbs reports on EU markets moved higher on Friday after the U.S. released its jobs report.
Denmark is facing its "Nokia moment"; drugmaker Novo Nordisk has ballooned into a $100 billion giant, dominating its home stock market just as the Finnish firm did at the height of the 1990s tech boom.
Banks will pay back another 3.5 billion euros next week of the emergency 3-year loans they took from the European Central Bank a year ago, further deflating the ECB's balance sheet after they paid back a whopping 137 billion euros this week.
Spain's largest banks have reported dismal results over the past 24 hours, hit by toxic real estate assets, and according to analysts, the results highlight the desperate need for Spain's banks to raise more capital.
Keith McLoughlin, CEO of Electrolux, tells CNBC that Western Europe consumer demand is weak as austerity measures take hold and they expect low demand in the first half.
Steve Sedgwick takes you through the European market open, where stocks have opened flat.
Chris Wheeler, bank analyst at Mediobanca, tells CNBC that the big question is what state the balance sheets of European banks are in.
Louis Vuitton, the world's biggest luxury brand in terms of sales, is planning to dampen its expansion worldwide and focus on high-end products to preserve its exclusive image, said Bernard Arnault, chief executive of parent LVMH.
Ashok Shah, CIO at London and Capital, tells CNBC that banks have been given a ¿free lunch¿ borrowing at very low cost in order to boost their profitability.
UK authorities are probing an allegation that Barclays loaned Qatar money to invest in the bank as part of its cash call at the height of the financial crisis in 2008, which enabled the bank to avoid a UK government bailout.
Nigel Lawson, former Tory chancellor, has urged George Osborne to fully nationalize the Royal Bank of Scotland, attacking the banking industry's bonus culture and what he says are its overrated "star" traders, the Financial Times reports.
French bank Credit Agricole warned on Friday that its fourth quarter results would be battered by 3.8 billion euros ($5.16 billion) in charges as the French bank reels from ill-timed acquisitions from before the 2008 financial crisis.
Germany's Dax index has risen 20 percent over the past year, reaching new five-year highs, even as the economy has slowed in recent months, but analysts say German stocks are still attractive because of the export potential of many of the companies.
Spain's short-selling ban came to an end on Thursday but analysts say that although the lifting of the ban is a sign of improved sentiment, further downward pressure should be expected in the coming weeks.
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The wording for the U.K.'s referendum on EU membership has been revealed and the prime minister is now desperately looking for friends around Europe to shore up support.
Bryce Clemmer, CEO of Vadio, tells CNBC about the changes in the streaming music sector.
Vitor Constancio, vice-president of the European Central Bank, says that market "turbulence may ensue" if an agreement isn't reached with Greece in a short time span.