Deepanshu Bagchee is Managing Digital Editor for CNBC International, overseeing digital teams in London and Singapore. Most recently he was Supervising Digital Editor for CNBC Asia based in Singapore. Previously, he worked as a producer for Bloomberg TV in New York and as an anchor and reporter for CNBC's affiliate CNBC-TV18 in India. He holds an MBA from INSEAD business school in France and an MA in International Journalism from Cardiff University, UK.
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Mark Carney, the new governor of the Bank of England has said the U.K. economy is recovering and he doesn't see the need for further bond-buying by the central bank.
German Chancellor Angela Merkel's party performed better than expected in Sunday's elections, almost certainly guaranteeing a third term for her, but conflicting projections put her just short of an absolute majority.
Petros Doukas, Greece's former deputy finance minister, has said the country needs a "sizable haircut" of 40 percent on its current debts.