Greek government debt has become more favorable to international investors thanks to a recent debt deal, and will only continue along this path, according to a key EU finance official. Greek bonds are often the first in the firing line during bouts of market turmoil. Yields — which have an inverse relationship to prices — […]

Higher trade tariffs might just be what the euro zone needs to check how its economy is actually performing after several years of promising growth, a high-ranked European official told CNBC. The 19-member region that shares the single currency has been growing at a gradual pace over the last two years following a sharp downturn […]

Higher trade tariffs coming from the U.S. are not what the euro zone needs right now following several years of a promising recovery, a high-ranked European official told CNBC. The 19-member region that shares the single currency has been growing at a gradual pace over the last two years following a sharp downturn due to […]

European stocks are set to open slightly lower Thursday morning, with market players in a state of anxious uncertainty ahead of a U.S. deadline to impose tariffs on Chinese products. The FTSE 100 is seen 3 points lower at 7.563; the CAC is expected to open down around 1 point at 5,314 while the DAX […]

President Donald Trump issued a new demand for the world’s leading oil producing countries to stabilize oil markets, only days after the United States and Saudi Arabia discussed the possibility of the kingdom releasing more crude to dampen surging prices. On Twitter, Trump called on OPEC countries, fresh from a meeting in which they decided […]

Reform and debt reduction efforts in Italy are at risk of being undone by its new populist coalition government, the country’s former minister of economy and finance and Italy told CNBC on Wednesday. “It is essential that Italy continues the path of fiscal consolidation, putting debt on a clear declining path and at the same […]

Poland is facing the prospect of an unprecedented institutional crisis, amid escalating tensions between its nationalist government and the EU. Thousands of people took part in anti-government protests in Warsaw and several other Polish cities late Tuesday, after the country’s ruling Law and Justice party (PiS) implemented legislation that could force as many as one-third […]

Uber is re-launching its services in Finland, following an almost one-year suspension that resulted from the country’s strict transportation laws. Two of its most popular services, UberX and UberBLACK, will be available again in Helsinki, Finland’s capital, as of 3 p.m. CET (9 a.m. ET) on Wednesday, the company said in a blog post. Finland’s […]

European officials are considering holding talks on a tariff-cutting deal between the world’s largest car exporters to prevent an all-out trade war with the U.S., according to the Financial Times who cited diplomats briefed on the matter. The proposal is being looked at by officials in Brussels, the administrative heartland of the European Union, ahead […]

European stocks are set to open mixed Wednesday morning, amid elevated tensions between the U.S. and China over looming trade tariffs and investment restrictions. The FTSE 100 is seen little changed at 7,582; the CAC is expected to open down around 5 points at 5,310 while the DAX is poised to start 22 points lower […]