European Summit

European Union leaders have agreed to ban more than two-thirds of Russian oil imports, tightening economic screws on the country even as Moscow's forces press their offensive in Ukraine's eastern Donbas region.

Coordinated policy action from EU policymakers likely: RBS

With the European summit underway, Imran Zaheer Ahmad, Global EM Strategist, RBS expects to see coordinated policy response from EU policymakers.

Merkel to meet France's Hollande on Wednesday

German Chancellor Angela Merkel will meet French President Francois Hollande late on Wednesday ahead of a key European summit, a spokesman for the German government told Reuters on Saturday.

Is market happy with 100bn euro bailout for Spanish banks?

Patrick Legland, Global Head of Research at Societe Generale, questions if the 100 billion euro bailout given to Spanish banks is enough to keep markets happy.

Unappreciated, eurozone ploughs path of reform

Another European summit, another bland commitment to boost growth and employment that even one of the participants privately dismissed as unimportant.

Rupee wobbles between importer demand, euro hope

The rupee flip-flopped on Wednesday as traders juggled with oil importer demand for dollars and positive local shares, with hopes of concrete steps from Friday's European summit to resolve the region debt crisis also supporting sentiment.

Reality grim about EU bank recapitalisation: Lloyds TBS

Trevor Williams, chief economist, Lloyds TSB Corporate Markets tells CNBC-TV18 that the Street is quite pleased with the agreements in the near-term, but worries persist going forward.

Low growth in Europe may severely hit EMs: Deutsche Bank

John-Paul Smith, global emerging market equity strategist, Deutsche Bank expects European summit and the G20 meeting to be held in November to announce some relatively joyful resolution for Europe.

Market to remain rangebound till European summit: Udayan

CNBC-TV18's managing editor expects the Indian market to amble on till the end of week, when we have the European summit.

Portugal government may collapse before EU summit

Portugal's parliament is expected to reject the government's latest austerity measures on Wednesday, setting the stage for the possible collapse of the minority Socialist administration a day before a European summit.