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  • LE VERNET, France— The families of those killed in the Germanwings plane crash released white balloons into the air Friday, holding a ceremony in the French Alpine village exactly four months after the plane's co-pilot crashed the Airbus 320 into a nearby mountain. French prosecutors say co-pilot Andreas Lubitz locked the pilot out of the cockpit on the March...

  • BERLIN— In the race to secure business deals with Iran, Germany was quickest out of the blocks. On Sunday, Economy Minister Sigmar Gabriel became the first senior Western official to visit Iran following last week's agreement to ease sanctions on the Islamic nation in exchange for concessions on its nuclear program. Last year, Germany imported goods worth 295...

  • UPDATE 1-Job insecurities mar Spain's labour rebound Thursday, 23 Jul 2015 | 4:41 AM ET

    MADRID, July 23- Eric Martin, a freelance property agent, also drives trucks and sometimes moonlights as a football referee. As Spain emerges from a deep downturn, short-term job contracts like Martin's are helping to chip away at an unemployment rate that is falling but still affects 22.4 percent of the workforce, second only to Greece's in Europe.

  • MADRID, July 23- Spain's jobless rate dropped to its lowest level in over three years in the second quarter, offering a boost to Prime Minister Mariano Rajoy as he seeks to persuade voters that an economic recovery is taking root. At 22.4 percent, the unemployment rate is still higher than anywhere else in Europe bar crisis-hit Greece and it has not dipped below a...

  • Spain's jobless rate drops as government eyes elections Thursday, 23 Jul 2015 | 3:42 AM ET

    MADRID— Statistics released Thursday said Spain's unemployment rate dropped to 22.4 percent in the second quarter, welcome news for the governing Popular Party as it prepares for upcoming general elections. Spain's jobless rate is still the second highest in the EU after that of Greece. Prime Minister Mariano Rajoy said Thursday the figures were "excellent,"...

  • Job insecurities mar Spain's labour rebound Thursday, 23 Jul 2015 | 2:00 AM ET

    MADRID, July 23- Eric Martin, a freelance property agent, also drives trucks and sometimes moonlights as a football referee. As Spain emerges from a deep downturn, short-term job contracts like Martin's are helping to chip away at an unemployment rate that affects nearly a quarter of the workforce and is second only to Greece's in Europe. But they are accentuating...

  • BERLIN, July 21- The families of 18 schoolchildren and teachers killed in the Germanwings crash have called for an apology from the head of Lufthansa, saying their children might still be alive if the airline's doctors had paid more attention to the pilot's health. The children and their teachers were returning to Germany from an exchange trip in Spain when the...

  • BERLIN— A group of parents whose children were killed in the Germanwings plane crash in March on Tuesday released a scathing letter to Lufthansa's CEO, accusing him of ignoring their needs and feelings and insulting them with his company's compensation offer. Prosecutors believe the Airbus A320 was intentionally crashed into a French mountain by co-pilot...

  • The Latest: NYC mayor denounces EU over immigration Tuesday, 21 Jul 2015 | 5:19 AM ET

    New York City Mayor Bill de Blasio has denounced the European Union for leaving Italy to deal with waves of immigrants coming from North Africa, saying the EU must come up with a Europe- wide immigration policy. De Blasio, whose grandparents emigrated from Italy to New York, said he was "deeply troubled by the lack of action by the European Union and the way that Italy...

  • European markets close: Banks open in Greece Monday, 20 Jul 2015 | 11:24 AM ET
    European markets close: Banks open in Greece

    CNBC's Simon Hobbs reports on all the market moving events in Europe today, including Europe stock gains and a rise in Italy bond yields.

  • Airport terminal and airplane

    An infamous chapter in Spain's economic crisis may be ending with a buyer offering just 10,000 euros for a billion-euro ghost airport. The Financial Times reports.

  • While it will likely be months before sanctions on Iran ease, business and political leaders are wasting no time in trying to tap into a large and what they hope will be a lucrative Iranian market. Airlines in Dubai are fast adding new Iran routes to meet growing demand. Deal or no deal, U.S. sanctions not related to the nuclear program will still be in place and bar...

  • MADRID— One of Spain's "ghost airports"— expensive projects that were virtually unused— received just one bid in a bankruptcy auction after costing some 1.1 billion euros to build. Chinese group Tzaneen International tabled the single bid in Friday's auction, Spanish news agency Europa Press said. Tzaneen International reportedly plans to invest up to 100...

  • European markets close: German parliament backs Greek talks

    CNBC's Simon Hobbs reports on all the market moving events in Europe today, including the Greek prime minister reshuffling his own government.

  • LONDON, July 17- Whoever took all the lead out of the London Metal Exchange warehousing system in the second quarter has just been kind enough to return it. A total 50,475 tonnes of the heavy metal were placed on warrant in the South Korean port of Busan earlier this week. The International Lead and Zinc Study Group assesses lead as being in small 7,000- tonne...

  • Jeanne Achille used to find business travel "really depressing" because she never got to sightsee in the places she was visiting. But these days, Achille, CEO of The Devon Group, which does public relations and marketing for tech firms, is "quite intentional" about flying in early for a business trip or staying over an extra day "to squeeze in a side trip, a spa visit, try...

  • European markets close: IMF demands Greek debt reduction Thursday, 16 Jul 2015 | 11:25 AM ET
    European markets close: IMF demands Greek debt reduction

    CNBC's Simon Hobbs reports on all the market moving events in Europe today, including Europe stocks extending Greek gains on ECB and European autos.

  • LONDON, July 16- New payment technologies such as Apple Pay and FC Barcelona wristbands carrying a digital wallet will increasingly mean bank customers ditch cards and cash for wearable technology, experts predict. "People want to tell their payment provider how they want to pay and not be told in the traditional way of' here's your plastic, now get on with it'," said...

  • MADRID, July 16- Spain sold 6.4 billion euros in bonds on Thursday at its biggest auction in over a year, with benchmark yields falling as investors piled in, reassured by Greece's progress in securing a bailout. Together with a Treasury bill auction on Tuesday, Spain has raised 12.2 billion euros in debt this week, one of the biggest amounts in recent years, making...

  • Spain: Qatari Sheikh invests $1.1 bln in Spanish store Tuesday, 14 Jul 2015 | 10:04 AM ET

    MADRID— Spain's leading El Corte Ingles department store chain says it has sold a 10 percent stake to a Qatari sheikh for 1 billion euros. El Corte Ingles S.A. said Tuesday the stake was sold to Sheikh Hamad Bin Jassim Bin Jaber Al Thani, a former prime minister of Qatar. The food, clothing and household goods retailer, which is not listed, has about 90 stores in Spain and...