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News Summary: EU steps up fight versus tax evasion

BREAKTHROUGH: The European Union's leaders took a major step in tackling tax-dodgers Wednesday by pushing to end bank secrecy across the bloc's 27 members by year-end. Full story

EU approves sending border security advisers to Libya

BRUSSELS (Reuters) - European Union governments approved a mission on Wednesday to help Libya improve its border security in response to concerns that Islamist militants and weapons move freely across the North African country's frontier. Full story

Serbia, Kosovo agree way forward on plan to normalize ties

BRUSSELS (Reuters) - Serbia and Kosovo agreed in principle on Wednesday on a plan to implement an historic accord to settle their relations, a step that strengthens Serbia's chances of getting the go-ahead next month to start talks on joining the European Union. Full story

Europe targets Switzerland in fight against bank secrecy

BRUSSELS (Reuters) - Europe edged closer to lifting banking secrecy on Wednesday after Austria said it was ready to share data on foreign depositors but Vienna's support could fade should efforts to strike a similar deal with Switzerland fail. Full story

EU leaders talk tough on tackling Amazon, Google over taxes

BRUSSELS (Reuters) - Britain, France and Germany called for stricter rules to stop companies such as Google, Apple and Amazon aggressively avoiding taxes in austerity bitten Europe, while acknowledging they had done nothing unlawful. Full story

EU to ensure firms pay more taxes where they are based: Merkel

BRUSSELS (Reuters) - The European Union will ensure big companies pay more taxes in the countries where they are based, German Chancellor Angela Merkel said on Wednesday. Full story

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New Iceland government freezes EU talks till referendum

Germany backs call to put Hezbollah armed wing on EU terror list

EU leaders look to end Apple-style tax avoidance schemes

Exclusive: EU says Chinese FTA possible, but wants market opening

Hopes rise for deal on delayed EU insurance rules

Britain asks EU to put Hezbollah armed wing on terror list

EU and U.S. not coordinating on China solar dispute

Exclusive: EU wants to exclude utilities from U.S. trade talks

Awaiting rebound in Europe, Poland stifles growth at home

EU watchdog unveils caps for bank bonuses

Video

  Euro Zone Faces Additional Challenges

Mark Grant, Southwest Securities, discusses Germany's role in controlling Europe's economic policies and weighs in on whether the UK will leave the EU.

  Bangladesh death toll climbs, EU trade official sends warning

Republican strategist John Brabender and Democratic consultant Jason Stanford discuss the fallout from last month's garment factory tragedy in Bangladesh, and pressure by the U.S. and European Union for Bangladesh to improve worker rights and safety.

  Santelli: Whose Euro Is It?

CNBC's Rick Santelli talks with Yra Harris, Praxis Trading, about which European country is really in charge of the euro.

  EU wrestles with financial bailout for Cyprus

EU officials are meeting to avert a financial collapse in the island nation of Cyprus as worried citizens try to withdraw as much money as they can from ATMs. CNBC’s Michelle Caruso-Cabrera reports.

  Cyprus Scrambles to Avert Meltdown

CNBC's Michelle Caruso-Cabrera reports Cyprus is desperately searching for a Plan B, as the struggling country must find billions of euros to secure a European Union bailout. Adam Lerrick, American Enterprise Institute, weighs in.

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Related Photos

Kosovo's PM Thaci talks to the media after a meeting with Serbian PM Dacic and EU foreign policy chief Ashton in Brussels
Kosovo's PM Thaci talks to the media after a meeting with Serbian PM Dacic and EU foreign policy chief Ashton in Brussels

Kosovo's Prime Minister Hashim Thaci talks to the media after a meeting with Serbian Prime Minister Ivica Dacic and European Union foreign policy chief Catherine Ashton in Brussels April 19, 2013. REUTERS/Yves Herman

Italy's PM Letta addresses a news conference during a European Union leaders summit in Brussels
Italy's PM Letta addresses a news conference during a European Union leaders summit in Brussels

Italy's Prime Minister Enrico Letta addresses a news conference during a European Union leaders summit in Brussels May 22, 2013. Europe moved closer to ending banking secrecy on Wednesday after Austria dropped objections to sharing data on foreign depositors and the EU focused on negotiating a simil

European Council President Van Rompuy addresses a news conference during a European Union leaders summit in Brussels
European Council President Van Rompuy addresses a news conference during a European Union leaders summit in Brussels

European Council President Herman Van Rompuy addresses a news conference during a European Union leaders summit in Brussels May 22, 2013. Europe moved closer to ending banking secrecy on Wednesday after Austria dropped objections to sharing data on foreign depositors and the EU focused on negotiatin