Newscaster CNBC Europe was set for a showdown with the Independent Television Commission, today (Thursday), over
Newscaster CNBC Europe was set for a showdown with the Independent Television Commission, today (Thursday), over claims that it violated sponsorship rules by taking money from the European Commission to make a programme about the Euro. CNBC Europe was invited to make six information programmes about the single currency by the Prince Programme, which is part of the commission. CNBC said it took up the offer to partially fund the project on the basis that complete editorial independence would be given to the broadcaster.