European plans to scrap mobile roaming charges leave telecoms companies facing the prospect of wafer-thin profit margins, analysts said.
Four of Europe's largest car manufacturers are expected to lose a combined five billion euros ($6.6 billion) in the region this year, according to Moody's Investors Service, as demand falls to its lowest level in two decades.
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A Promo video for CNBC Meets HRH The Duke of York
CNBC Meets' Tania Bryer speaks to HRH The Duke of York, second son of reigning monarch Queen Elizabeth II and the Duke of Edinburgh.
In part two, HRH The Duke of York, Prince Andrew talks about his latest charitable projects, public duties and how he addresses his mother, The Queen.