Europe News

The Bank of England decided to extend its quantitative easing program this week and to keep interest rates steady. Julian Callow from Barclays Capital considers the outlook for the BoE, ECB and the Fed.

The bill for bailing out the banks got bigger this week as the UK government announced a further 39 billion pound potential injection into Lloyds and RBS. Ralph Silva from TowerGroup considers the outlook for the UK's banks.

CNBC's Steve Sedgwick spoke to Professor Andrzej Slawinski from the Polish Central Bank about the economic outlook for the country.

CNBC's Steve Sedgwick spoke to Professor Andrzej Slawinski from the Polish Central Bank about the economic outlook for the country.

UK Business Secretary Lord Mandelson and Olympics Minister Tessa Jowell joined London 2012 organizers to launch a £700 million tender for goods and services to British companies. Mandelson, Jowell and LOCOG Chairman Lord Sebastian Coe expounded on the tender to CNBC. Mike Mulvey, CEO of CompeteFor, discusses further.

“What we are seeing is an industry that is going through a severe recession,” British Airways CFO Keith Williams told CNBC Friday. The airline is “responding to a structural change in the industry,” he said, adding that “manpower has been down about 10% in the last 12 months,” and over the next six months, “another 3,000 people (will) leave the airline.”