Sebastian Kurz is set to become the next chancellor of Austria and, at 31, the world’s youngest leader after North Korea’s Kim Jong Un (33) and Ireland’s Leo Varadkar (38). Known as “Wunderwuzzi” (roughly translated as “one who can walk on water”), Kurz won Austria’s general election Sunday with about 31 percent of the vote. […]

Catalan leader Carles Puigdemont has not given a clear answer to whether the region has declared independence or not, according to a letter sent to the Spanish government. The letter, sent just two hours before a deadline imposed by Madrid, reiterated an offer to meet Spanish Prime Minister Mariano Rajoy as soon as possible to […]

European markets are expected to start off the first trading day of the week in the black, as investors gear up for the latest in political news coming out of Austria, Spain and the U.K. Looking to the major bourses, the U.K.’s FTSE 100 is expected to open 18 points higher at 7,553, while the […]

Former U.S. presidential candidate Hillary Clinton cautioned Britain on Sunday over its push to secure a trade deal with U.S. President Donald Trump after it leaves the European Union. Clinton, the Democratic Party candidate who lost out to Trump in last November’s election, also said Britain would face serious disruption if it left the EU […]

Germany’s Social Democrats (SPD) beat Angela Merkel‘s conservatives in a vote in the northern state of Lower Saxony on Sunday in a setback to the chancellor as she prepares for tricky three-way coalition talks at the national level this week. The SPD, which has governed the swing state home to carmaker Volkswagen with the Greens […]

Initial results showed the party of Austria’s 31-year-old foreign minister leading in national elections Sunday, putting him on course to become the youngest head of government in Europe. Projections from the SORA polling organization showed the People’s Party led by Foreign Minister Sebastian Kurz receiving 30.5 percent of the vote and the euroskeptic Freedom Party […]

Britain and Germany agreed on Sunday they remained committed to the nuclear deal with Iran after a U.S. decision to decertify the agreement, a spokeswoman said after a call between Prime Minister Theresa May and German Chancellor Angela Merkel. “They agreed the UK and Germany both remained firmly committed to the deal,” the spokeswoman said […]

Commercial real estate values in the euro zone look stretched, but there are no signs of bubbles in broader European markets, according to the president of the European Central Bank. Speaking at a press conference at IMF Annual Meetings in Washington, Mario Draghi said he does not see evidence that stocks or bonds are overpriced […]

Wages and inflation in the 19-country euro zone will eventually rise but more slowly than earlier thought, requiring continued patience from policymakers, European Central Bank President Mario Draghi said Saturday. Wage growth has failed to respond to stimulus for a list of reasons but the ECB remains convinced that labor markets and not a structural […]

A top EU official has told CNBC that he wants solutions rather than name calling amid Brexit negotiations, following controversial comments made by the U.K. finance minister on Friday. Eurogroup President Jeroen Dijsselbloem responded to news that Britain’s finance chief Philip Hammond had called the EU “the enemy”, by pointing out that it isn’t likely […]