South Korean lawmakers voted overwhelmingly on Friday to impeach President Park Geun-hye over an influence-peddling scandal, setting the stage for her to become the country's first elected leader to be pushed from office in disgrace.
France's revamped 75-percent supertax on salaries above 1 million euros will apply to all companies, an official in the prime minister's office said on Tuesday, rejecting suggestions that soccer clubs would be exempt.
Germany's Constitutional Court said on Wednesday the country can ratify the euro zone's new rescue fund and budget pact as long it can guarantee there will be no increase in German financial exposure to the bailout fund without parliament's approval.
Germany's Constitutional Court is expected to give its approval on Wednesday to the euro zone's new bailout fund while insisting on guarantees to safeguard German parliamentary sovereignty and limit Berlin's financial exposure.
Stephane Deo, chief european economist, UBS, says that for the market there are lot of risk in near future like ruling of German Constitutional Court and other factors. He thinks people are worried and they have short the European equity and European fixed income.