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  • Prosecutor to Open Tax Probe on French Budget Minister Tuesday, 8 Jan 2013 | 10:36 AM ET
    Cracks in France…as Southern Europe Moves Ahead

    The Paris Prosecutor's office said on Tuesday that it was opening a preliminary investigation into French Budget Minister Jerome Cahuzac over allegations that he had an undisclosed bank account in Switzerland.

  • Delta Airlines baggage tags are affixed on the handle of luggage on December 11, 2012 in Manchester, England.

    Virgin Atlantic said American Airlines executive Craig Kreeger would become its next CEO as the British carrier looks to make a success of its transatlantic joint venture with Delta Air Lines.

  • How to Play Earnings Season in Europe Tuesday, 8 Jan 2013 | 8:24 AM ET

    Investors had one eye on the start of the earnings season in the U.S., but strategists said Europe's own earnings season could throw up a few surprises.

  • Ireland Raises $3.3 Billion in First Issue of 2013 Tuesday, 8 Jan 2013 | 7:30 AM ET
    ireland_flag_200.jpg

    Ireland sold 2.5 billion euros ($3.3 billion) of debt on Tuesday, raising a quarter of the 10 billion euros it aims to borrow in 2013 ahead of a planned exit from its EU/IMF bailout.

  • European Shares Higher Ahead of US Earnings Tuesday, 8 Jan 2013 | 6:10 AM ET
    European Shares Higher Ahead of US Earnings

    CNBC's Kelly Evans reports on all the market moving events from Europe, as prices on EU debt rise and yields fall slightly.

  • Business Morale Improves, but Unemployment at High Tuesday, 8 Jan 2013 | 5:16 AM ET
    european-union-map-200.jpg

    Morale among businesses in the euro zone improved again in December, but the unemployment rate reached a new record and households held back from spending in the run-up to Christmas, suggesting the bloc's emergence from recession will be slow.

  • Greece is Delivering on Reforms: PM Samaras Tuesday, 8 Jan 2013 | 5:13 AM ET
    Antonis Samaras

    Greece is delivering on tough economic reforms, Prime Minister Antonis Samaras said on Tuesday during a visit to Germany.

  • Goldman Sachs Says Buy Megafon—Despite IPO Snub Tuesday, 8 Jan 2013 | 4:59 AM ET
    MegaFon Gets Low Valuation in $1.7 Billion IPO

    Megafon’s $1.7 billion share offering raised eyebrows last year when Goldman Sachs pulled out as lead bookrunner close to launch – but the investment bank has now issued a “buy” rating on the stock.

  • Silvio Berlusconi

    Silvio Berlusconi withdrew as candidate for Italy's premiership on Monday as the price of a pact with the devolutionist Northern League that could prevent the formation of a stable government after next month's election.

  • Is This the Year the Euro Crisis Ends? Monday, 7 Jan 2013 | 7:50 PM ET
    Euro Zone Faces 'Winter of Discontent': Pro

    The euro zone crisis is over – that is, if you choose to believe Jose Manuel Barroso, the president of the European Commission. The Christian Science Monitor reports.

  • European Markets Close Monday, 7 Jan 2013 | 11:30 AM ET
    European Markets Close

    European stocks are sliding despite big gains for banks, with CNBC's Simon Hobbs.

  • Sterling to 'Lose Contest of Uglies': HSBC Monday, 7 Jan 2013 | 8:18 AM ET
    Pound Sterling Symbol

    With fears over the U.S. "fiscal cliff" calmed and the euro zone debt crisis having abated somewhat, there is pain coming for sterling this year, according to HSBC's currency strategist.

  • The Battle Lines Are Drawn in Italy’s Election Monday, 7 Jan 2013 | 7:56 AM ET
    italy_flag_cracked_200.jpg

    The stage is being set for the battle for the heart of Italy, as warning signs about the state of the country’s economy become more difficult to ignore.

  • Global Markets: Shares Edge Lower Monday, 7 Jan 2013 | 6:13 AM ET
    Global Markets: Shares Edge Lower

    CNBC's Ross Westgate reports on all the market moving events from Europe, as bank stocks pushed higher after regulators eased key elements in the Basel III reform package.

  • alitalia.gif

    Franco-Dutch carrier Air France-KLM is in "advanced" talks to take control of Italy's flagship airline Alitalia by the summer, Rome's Messaggero newspaper reported on Sunday without citing its sources.

  • Why Euro Zone Crisis May Get Worse This Year Monday, 7 Jan 2013 | 2:29 AM ET

    With scant prospect of a swift return to growth in the Euro zone, the risk in 2013 is less outright conflagration in the single-currency area than a fraying of social and political ties and an insidious erosion of hope.

  • Worst In Europe Is Over Monday, 7 Jan 2013 | 12:30 AM ET
    Worst In Europe Is Over

    Willem Nabarro, Head of European Equities for Asia at Exane-BNP Paribas says that the worst is over in Europe and investors should now turn their attention to the peripheral countries such as Italy and Spain where he believes there is money to be made.

  • Approach Markets With Caution in 2013 Monday, 7 Jan 2013 | 12:05 AM ET
    Approach Markets With Caution In 2013

    John Woods, chief investment strategist at Citi Private Bank, said investors should be cautious on global growth as he does not see any upside or any magic bullets coming to the markets.

  • A Bleak Global Economy in 2013: Pro Sunday, 6 Jan 2013 | 7:10 PM ET
    A Bleak Global Economy in 2013: Pro

    Jim Walker, Founder and CEO, Asianomics sees a bleak outlook for the global economy in 2013, largely due to expectations for poor company earnings.

  • French actor Gerard Depardieu

    French film star Gerard Depardieu received a hug from President Vladimir Putin and a new Russian passport on Sunday after abandoning his homeland to avoid a new tax rate for millionaires.

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Europe Video

  • The boom in online ads

    Eleni Marouli, senior analyst at IHS, explains what has driven the growth in online advertising and spending.

  • European shares close lower as Greek vote eyed

    European equities closed lower on Friday as investors looked ahead to Sunday, when a referendum that could affect Greece's future in the euro zone will take place.

  • Limited contagion risk from Greece?

    Stephen Macklow-Smith, European equities portfolio manager at J.P. Morgan Asset Management, discusses European stocks after the market's worst week this year.