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Europe Top News and Analysis Italy

  • European Central Bank

    The European Central Bank looks set to keep its benchmark interest rate stable at 1.25 percent at its June 9 meeting, analysts told CNBC.com. Policymakers will remain "strongly vigilant" on inflation and global growth concerns, meaning that a rate rise in July looks likely.

  • A local woman votes in the presidential election in the village of Kazakhstan, some 80 kms from Almaty on April 3, 2011. Kazakhstan votes on April 3 in a mostly ceremonial election that is set to stretch President Nurusltan Nazarbayev's rule into a third decade amid Western worries about democracy in the resource-rich state. AFP PHOTO / Vyacheslav Oseledko (Photo credit should read VYACHESLAV OSELEDKO/AFP/Getty Images)

    BT will forge partnerships with telecom operators in countries in Central Asia to boost its presence there but will not buy companies in the region, BT Group Chairman Sir Michael Rake told CNBC.com on Wednesday.

  • Exhaust plumes from cooling towers are seen at the Jaenschwalde lignite coal-fired power station in Janschwalde, Germany.

    European gas suppliers could see a boost from Germany's decision to phase out nuclear energy, with other countries set to follow Berlin's lead, Per Lekander, head of utilities research at UBS, told CNBC Wednesday.

  • man_with_chart_200.jpg

    What is one to make of recent economic data, particularly in the advanced countries? Is the world economy slowing? If so, should policy do anything about it and, if so, what might the alternatives be? The FT reports.

  • Gold Bars

    Gold is the market's 'friend with benefits', and investors would do well to park their cash in the precious metal whilst stocks attempt to find levels more appropriate to the recent economic weakness, according to Nicholas Colas, the chief market strategist at ConvergEx.

  • Austria

    Talk about a possible default by Greece has caused some concern for SAP in Central and Eastern Europe but it is not changing the company's plans, Manfred Joseph, managing director at SAP CEE, told CNBC.com.

  • Fed Chief Ben Bernanke Testifies to House Budget Committee

    There was no guidance on the end of the second round of quantitative easing or QE2 and no guidance on the chance of QE3, but Federal Reserve Chairman Ben Bernanke on Tuesday confirmed market expectations that the United States' borrowing costs will remain low for the foreseeable future.

  • Share Price chart

    European stocks were expected to open lower on Wednesday, amid fresh concerns over the pace of the US recovery following comments by Federal Reserve chairman Ben Bernanke and continued uncertainty over euro zone debt.

  • lisbon portugal

    A new government is in place in Portugal, tasked with tackling the problems facing one of the sick men of Europe. Unfortunately, new faces in government do not in any way change the problems being faced by a country, according to one analyst.

  • eu building brussels

    Soft restructuring is only a temporary measure, and a German-led plan to convince private investors to voluntarily extend maturities on Greek debt will not prevent a default, analysts told CNBC.com.

  • Fed Chief Ben Bernanke Testifies to House Budget Committee

    Despite weak economic data a double dip recession is unlikely and investors should favor stocks over bonds, according to Chris Watling, the CEO of Longview Economics in London.

  • Share Price chart

    European stocks were expected to open lower on Tuesday after slipping on Monday amid fresh concerns about the pace of the global economic recovery and expectations that the European Central Bank might signal a rate rise in July.

  • European Central Bank

    As euro zone politicians scramble to bring Greek public finances back under control, the question of how much the European Central Bank will lose if they fail to avert a default has taken on greater importance, reported the FT.

  • Sheet of US one hundred dollar bills

    The foreign exchange team at Bank of New York Mellon has spent a lot of time this year asking if 2011 is a replay of 2008 or 2010.

  • The Federal Reserve headquarters in Washington, DC.

    As the end of the second round of quantitative easing approaches, one analyst tells CNBC that even though the Fed’s purchase of $600 billion worth of bonds is nearing its conclusion, the period of easy money still has some way to go.

  • Istanbul's Arasta Bazaar

    While its stock exchange was a shining performer last year, Turkey is now facing the reality of an unorthodox monetary policy that is failing to gain traction. It comes ahead of an important election on June 12, and raises some serious concerns among foreign investors as to whether the world’s 17th biggest economy is overheating.

  • Share Price chart

    European stocks were expected to open lower on Monday after falling to their sharpest weekly loss in two and a half months on Friday in response to weak US jobs data.

  • european_union_crack2_200.jpg

    Europe has not yet had its financial crisis while America is still recovering from its crisis in 2008 according to Jim McCaughan, the CEO of Principal Global Investors.

  • Jean-Claude Trichet

    Whether we like it or not, whether we're the German or French tax payer who has to foot the bill or the Greek, Spanish or Irish citizen who feels the pain of austerity in his or her respective purse – there is no choice!

  • Portuguese Prime Minister Jose Socrates speaks during a press conference at Sao Bento Palace in Lisbon. Socrates warned his political opponents not to provoke a political crisis over planned austerity measures to solve the country's debt crisis.

    Portugal goes to the polls on Sunday looking to elect a government that will lead them through an austerity package mandated by the European Union and International Monetary fund; but whoever wins will need to defy the electorate and introduce unpopular policies.