Europe News


  • Greek stocks tank as snap election called Monday, 29 Dec 2014 | 6:25 AM ET
    A visitor walks beneath a display at the Athens Stock Exchange, Oct. 15, 2014.

    Greek stocks tumbled over 10 percent on Monday, after politicians failed to elect a president in a key vote, paving the way for a snap election in the new year.

  • Tax inversion anyone? A year in M&A Monday, 29 Dec 2014 | 1:20 AM ET

    Mergers and acquisitions broke a seven-year losing streak in 2014, with $3.48 trillion worth of deals. CNBC looks at some of the year's highlights.

  • Rescuers struggle to reach burning ferry off Greece Sunday, 28 Dec 2014 | 6:43 AM ET
    The 'Norman Spirit' - a ferry in the same class as the 'Norman Atlantic'. LD Lines does not operate the route on which the Italian ferry caught fire.

    Rescuers struggled to reach a ferry carrying around 500 passengers that caught fire off the coast of Greece amid high winds and rough seas.

  • A push too far? Private tutors for 3-year-olds Monday, 29 Dec 2014 | 1:15 AM ET
    Pupils at Harrow School

    This Christmas, London's well-off parents will be fretting over whether their children get into the most prestigious schools in the new year.

  • Allianz lead reinsurer to missing AirAsia plane Monday, 29 Dec 2014 | 2:09 AM ET
    An official from Indonesia's national search and rescue agency in Medan, North Sumatra points at his computer screen to the position where AirAsia flight QZ8501 went missing off the waters of Indonesia.

    German insurer Allianz said it was the lead reinsurer to the AirAsia jet missing off the Indonesian coast with 162 people on board.

  • Kiev targets oligarchs with budget bill Monday, 29 Dec 2014 | 2:17 AM ET

    Recession-battered and war-torn Ukraine overhauled its business-choking tax system early on Monday, the FT reports.

  • Fed and ECB: Kudos and problems ahead Sunday, 28 Dec 2014 | 9:34 PM ET
    The Federal Reserve building in Washington.

    The U.S. economy is on course to generate a trade deficit of $700 billion which can be considered as America's net contribution to the world economy.

  • Germany cools to Russian investment Sunday, 28 Dec 2014 | 8:36 PM ET
    A giant sign for OAO Gazprom stands above a building in Moscow, Russia

    Few countries have invested more heavily in Russia than Germany after the Cold War ended. But now the rush is going in reverse. The NYT reports.

  • Merkel appeals to Russia over Ukraine Sunday, 28 Dec 2014 | 7:16 AM ET
    German Chancellor Angela Merkel and Russian President Vladimir Putin

    German leader Angela Merkel appealed to the Russian government to use its influence on separatists in eastern Ukraine.

  • German growth may surprise: ECB member Sunday, 28 Dec 2014 | 1:52 AM ET
    A euro logo next to the headquarters of the European Central Bank in Frankfurt.

    Germany's growth may top expectations next year and Europe's situation isn't as bad as many people think, the Bundesbank's president told a newspaper.

  • Russia: We're headed for sharp recession in 2015 Friday, 26 Dec 2014 | 1:45 PM ET
    A customer collects her change after purchasing dairy products at a delicatessen counter inside the Dorogomilovsky food market in Moscow, Dec. 23, 2014.

    Slumping oil prices have put Russia's economy on course for a sharp recession next year, its finance minister said on Friday.

  • Russia declares ruble crisis over Thursday, 25 Dec 2014 | 8:46 PM ET
    Five thousand rouble notes.

    Russia said its currency crisis was over despite its forex reserves plunging and inflation surging over 10 percent, in its worst economic crisis since 1998.

  • Putin orders vodka price cap amid economic crisis Friday, 26 Dec 2014 | 11:42 AM ET
    An employee places a bottle of vodka on a counter during the agro-industrial exhibition "Agrorus" in St. Petersburg, Russia, April 4, 2014.

    Russian President Vladimir Putin ordered a cap on rising vodka prices, as he battles to preserve his popularity.

  • Visa, MasterCard pull bank-card support in Crimea Friday, 26 Dec 2014 | 3:15 PM ET
    An automated teller machine operated by OAO Sberbank in Kiev, Ukraine.

    Visa and MasterCard, the world's largest credit card companies, ended their support of Crimean banks following U.S.-imposed sanctions.

  • How London is looking more like… Singapore Thursday, 25 Dec 2014 | 6:04 PM ET
    A banner advertising new 'Luxury' apartments in the East End

    London's residential property is changing, with new developments increasingly offering the condominium-style living typical in some other parts of the world.

  • Russia's Putin to ministers: No holiday for you! Thursday, 25 Dec 2014 | 7:39 AM ET
    Russian President Vladimir Putin

    Russian President Vladimir Putin has scrapped New Year's holidays for government ministers because of the unfolding economic crisis.

  • Germans balk at plan for wind power lines Wednesday, 24 Dec 2014 | 11:55 PM ET
    Wind power station, Schleswig-Holstein, Germany

    Germans have welcomed renewable energy, even as electric bills doubled. But enthusiasm appears to be waning with a plan for high-voltage transmission lines. The New York Times reports.

  • The secret group that is really running Russia Wednesday, 24 Dec 2014 | 10:35 AM ET
    Russian President Vladimir Putin, right, listens to Igor Sechin, CEO of state-controlled Russian oil company Rosneft, during Russian-Armenian talks in Yerevan, Armenia, Dec. 2, 2013.

    Economic crisis in Russia could shake the ties between Putin and the Russian oligarchs believed to be part of his inner circle. Global Post reports.

  • Queen Elizabeth II praises workers who fight Ebola Thursday, 25 Dec 2014 | 6:57 AM ET
    Queen Elizabeth II at the Royal Dockyard Chapel in Pembroke Dock, Wales, April 29, 2014.

    Queen Elizabeth II will use her Christmas broadcast to call for international reconciliation and to praise workers fighting Ebola in Africa.

  • Ukraine: Is it time to buy? Wednesday, 24 Dec 2014 | 4:42 AM ET

    Ukraine's bonds have had a terrible year as the country's conflict with Russia wears on, but could be a canny buy in 2015?

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