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Europe News Eastern Europe

  • The European Union on Monday opened the way for air travelers to use mobile phones to talk, text or send e-mails on planes throughout Europe's airspace.

  • We've interviewed a dozen property investors at this year's MIPIM and I can't help wondering if we're really getting the full story.

  • The latest sovereign wealth fund move underlines hemes at this year's MIPIM: where do the value opportunities lie a year after the credit crunch started to take hold, and who will emerge as the new dominant players?

  • Turkey looks set to be a good investment in the year ahead, as stocks have fallen heavily over the past few months, offering good buying opportunities, while the fundamentals look stronger than previously thought, analysts said on Tuesday.

  • 2008 Phantom Rolls-Royce Coupe

    One is cruising. The other is sputtering. One has lived up to its fabled name. The other is a shell of what it once represented. So why is the one that is struggling getting more attention than the one riding high? Because Rolls-Royce and Jaguar are in different places and facing different questions with their new models.

  • The 28,000 delegates can now start to discuss the real issue of the day. Who will throw the most fabulous party? And more importantly: how the devil are they making enough money to pay for it?

  • We all expected the credit crunch to cast a shadow across the start of this year's MIPIM real-estate conference starting in Cannes tomorrow. But a literal storm was the immediate problem.

  • Here's something that should make you realize what crazy times we are living in: 9-year auto loans are popping up around the country. That's right, it wasn't a typo. Nine years! 108 months! Almost a third of the time used to pay off a conventional mortgage!

  • Dollar and Yen

    The foreign exchange maneuver known as the carry trade looks set to continue unwinding, with bearish investors scared of risks. But buying opportunities might emerge from the trend, analysts told CNBC on Wednesday.

  • You might have seen the headlines. You might have seen curious press pics and television news clips with German top managers, such a Klaus Zuminkel, the (since pushed into resigning) CEO of Deutsche Post, led in handcuffs from their homes, a battalion of tax investigators bearing boxes of documents trailing triumphantly.

  • Gas giant Gazprom, whose chairman Dmitry Medvedev was elected Russian president on Monday, said it will halve gas supplies to Ukraine from Tuesday because a debt dispute between them has not been resolved.

  • Russia's gas monopoly Gazprom reduced supplies to Ukraine by a quarter on Monday, just hours after its chairman and Kremlin candidate Dmitry Medvedev won Russia's presidential election.

  • The U.S. embassy in Belgrade burns after masked attackers broke into the building and set an office on fire at the end of a massive protest against Western-backed Kosovo independence, in the Serbian capital, Thursday, Feb. 21, 2008. More than 150,000 Serbs gathered at the rally vowing to retake the territory which is viewed as Serbia's religious and national heartland.

    The European Union told Serbia on Friday to protect foreign embassies after an attack on the U.S. embassy that killed one person, and suggested violence could harm its prospects of closer ties with the bloc.

  • The U.S. embassy in Belgrade burns after masked attackers broke into the building and set an office on fire at the end of a massive protest against Western-backed Kosovo independence, in the Serbian capital, Thursday, Feb. 21, 2008. More than 150,000 Serbs gathered at the rally vowing to retake the territory which is viewed as Serbia's religious and national heartland.

    Serb rioters broke into the U.S. Embassy and set fire to an office after a massive protest against Kosovo's independence that drew an estimated 150,000 people.

  • Romanian Economy and Finance Minister, Varujan Vosganian

    The impact of the turmoil in the international financial markets on Romania is likely to be limited, as the country enjoys robust economic growth and private lending is still at low levels, Economy and Finance Minister Varujan Vosganian told CNBC.com on Thursday.

  • The European Business Summit takes place each year in Brussels and this year the event is focusing on green issues.

  • KosovoIndependence.jpg

    Europe's biggest states recognised the independence of Kosovo on Monday, ending hours of suspense after Prime Minister Hashim Thaci assured his new republic that Western recognition would come "any minute".

  • The Romanian unit of France's Societe Generale, BRD, said it thwarted an attempt by a clerk to steal 8 million lei ($3.19 million) this week, managing to block a large part of the transfer.

  • The economy's so bad, Cramer says, they have no choice.Investing can be confusing. Luckily, Cramer has mapped out some road rules for all you Home Gamers trying to navigate the jungle that is Wall Street. Think of it as "Mad Money 101" –- some fundamental advice to keep in mind as you play the market. Whether you're a first time investor or a seasoned financier, it's always good to remember the basics.

  • infosys_india_outsource.jpg

    India's lucrative outsourcing industry struggled Thursday to overcome Internet slowdowns and outages after cuts in two undersea cables sliced the country's bandwidth in half.