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While senior American and European officials stopped short of declaring a diplomatic breakthrough, Iran dropped previously unacceptable preconditions for talks in a letter this week from its senior nuclear negotiator, Saeed Jalili, who declared his...
Telecommunication, known by its acronym, SWIFT, said in a statement on its website that it was "ready to implement sanctions against Iranian financial institutions." Pressure has been building on SWIFT to expel the banks, which have been penalized in...
European Union (EU) ambassador to Zimbabwe Aldo Dell'Ariccia addresses a media conference in the capital Harare February 17, 2012. Zimbabwean President Robert Mugabe's ZANU-PF party on Friday criticised the European Union's decision to maintain... View Photo »
I don't know that the Fed is prepared for that, but they already set up the swap line...I think that is probably more of a role for the European Central Bank than for the Fed. Probably not going to happen.
Quicker than a succession of slow-acting economic sanctions, expelling Iran from the banking hub could put a sudden choke hold on its oil-dependent economy. The move was made under strong pressure from the United States and the European Union, which...
Also known by its Farsi name, the Mujahedeen-e-Khalq, the group is the militant wing of the Paris-based National Council of Resistance of Iran. The U.S. considers it a terrorist organization although the European Union removed it from its terror list...
The statement by the Society for Worldwide Interbank Financial Telecommunication, known as SWIFT, suggests that the European Union — under pressure from Washington — is close to approving regulations that will require the Brussels-based hub to evict...
ATHENS, GREECE - FEBRUARY 17: The EU flag flies in front of the Parthenon on the Acropolis on February 17, 2012 in Athens, Greece. Following a meeting on Wednesday, finance ministers across the Eurozone are calling for greater scrutiny and oversight of... View Photo »
There is no disagreement with the institutions of the European Union on the importance of basic principles, common European values and achievements
I will visit Burma/Myanmar in April after the by-elections, by which time I hope we will have had the chance to complete the review and to have made decisions at an EU level to respond to what I hope will be continued progress," said Catherine Ashton,...
The European Union (EU) is an economic and political union of 27 member states, located primarily in Europe. It was established by the Treaty of Maastricht, which was signed in February 1992 and came into force in November 1993, on the foundations of the pre-existing European Economic Community. With almost 500 million citizens, the EU combined... Full Article
European Union High Representative Catherine Aston speaks during a press conference with US Secretary of State Hillary Clinton ON February 17, 2012 following a bilateral meeting at the State Department in Washington. Ashton said she is 'cautious and optimistic' about the prospect for...
View Photo »WASHINGTON, DC - FEBRUARY 17: U.S. Secretary of State Hillary Clinton (R) and European Union High Representative Catherine Ashton participate in a joint press availability after a bilateral meeting February 17, 2012 at the State Department in Washington, DC. Ashton, who chairs a...
View Photo »ATHENS, GREECE - FEBRUARY 17: The EU flag files in front of the Parthenon on the Acropolis on February 17, 2012 in Athens, Greece. Following a meeting on Wednesday, finance ministers across the Eurozone are calling for greater scrutiny and oversight of Greece's proposed budget cuts in...
View Photo »EU Commissioner for Development Andris Piebalgs speaks to Reuters during an interview at Chatrium hotel in Yangon February 13, 2012. The European Union should respond fast to changes under way in Myanmar driven by a former military junta leader and "key reformer" committed to democracy...
View Photo »Different herbs and spices are on display at a booth of the BioFach trade fair for organic products in Nuremberg, southern Germany, on February 15, 2012. Food products classified as organic in the European Union or the United States can be sold as such in either region after a deal...
View Photo »Chinese President Hu Jintao (3rd R) takes part in talks with European Commission President Jose Manuel Barroso (2nd L) and European Council President Herman Van Rompuy (3rd L) for the European Union (EU)-China summit at the Great Hall of the People in Beijing on February 15, 2012. EU...
View Photo »European Council President Herman Van Rompuy delivers his speech at the University of International Business and Economics in Beijing on February 15, 2012. China's Premier Wen Jiabao said on February 14 his country was ready to increase its participation in efforts to resolve Europe's...
View Photo »US Secretary of State Hillary Clinton (R) speaks during a press conference with European Union High Representative Catherine Ashton on February 17, 2012 following a bilateral meeting at the State Department in Washington. Clinton said that the UN General Assembly has shown an...
View Photo »British Finance Minister George Osborne leaves 11 Downing Street in London, on February 14, 2012. George Osborne defended his government's harsh austerity measures on Tuesday after Moody's said the country risked losing its pristine AAA credit rating. The influential credit ratings...
View Photo »US Secretary of State Hillary Clinton (R) bids journalists to have a good weekend at the end of a press conference with European Union High Representative Catherine Ashton on February 17, 2012 following a bilateral meeting at the State Department in Washington.
View Photo »US Secretary of State Hillary Clinton speaks during a press conference with European Union High Representative Catherine Ashton on February 17, 2012 following a bilateral meeting at the State Department in Washington.
View Photo »European Council President Herman Van Rompuy (C) shake hands with Chinese Premier Wen Jiabao (R) while European Commission President Jose Manuel Barroso (L) looks on during the European Union (EU)-China summit at the Great Hall of the People in Beijing on February 14, 2012. Chinese and...
View Photo »US Secretary of State Hillary Clinton and European Union High Representative Catherine Aston (L) make their way to a press conference ON February 17, 2012 following a bilateral meeting at the State Department in Washington.
View Photo »Myanmar opposition leader Aung San Suu Kyi (R) and European Union Commissioner for Development Andris Piebalgs (L) pose for photos after their meeting at Suu Kyi's residence in Yangon on February 14, 2012. Piebalgs is on an official visit to Myanmar during which he was assured by...
View Photo »Ambassador of the European Union to India Joao Gomes Cravinho gestures during an interview with.
View Photo »US Secretary of State Hillary Clinton speaks following a bilateral meeting with European Union High Representative Catherine Aston (L) February 17, 2012 following a bilateral meeting at the State Department in Washington, DC.
View Photo »EU Commissioner for Development Andris Piebalgs (L) and German Minister of Economic Cooperation and Development Dirk Niebel (2nd L) hold talks with Myanmar's President Thein Sein at the Presidential Palace in Naypyitaw February 13, 2012. Piebalgs held out the prospect of a further...
View Photo »EU Commissioner for Development Andris Piebalgs (4th R) and German Minister of Economic Cooperation and Development Dirk Niebel (C) pose for a photograph with Myanmar parliament speaker and former military junta general Thura Shwe Mann in Naypyitaw February 13, 2012. Piebalgs held out...
View Photo »A woman walks by (from L) a European Union, a Greek and a Che Guevara flag in central Athens Monastiraki area on November 2, 2011. European leaders summoned the Greek prime minister to the French riviera on Wednesday to restore calm on the eve of a G20 summit after his shock call for a...
View Photo »German Chancellor Angela Merkel (R) and French President Nicolas Sarkozy (C) talk with Greek Prime Minister George A. Papandreou prior to a working session of the EU summit on February 4, 2011 at the European Council headquarters in Brussels. European Union foreign policy chief...
View Photo »To go with Pakistan-EU-WTO-trade-waiver,FOCUS by Hasan Mansoor This picture taken on February 7, 2012, shows a Pakistani employee working at a textile factory in Karachi. The European Union is Pakistan's largest trading partner, receiving nearly 30 percent of its exports -- worth...
View Photo »Indian Prime mInister Manmohan Singh (C), European Council president Herman Van Rompuy (L) and EU Commission President Jose Manuel Barroso (R) pose for a picture prior to a meeting and signing ceremony in New Delhi on February 10, 2012. The European Union looks set to push India at a...
View Photo »This December 10, 2010 file photograph shows India Prime minister Manmohan Singh (L) looks on during a joint press conference after the EU-INDIA summit with European Union President Herman Van Rompuy (C) and European Commission President Jose Manuel Barroso (R) at the EU headquarters...
View Photo »This November 6, 2009 file photograph shows Swedish Prime Minister Fredrik Reinfeldt, Indian Prime Minister Manmohan Singh and European Commission President Jose Manuel Barroso attend the European Union Summit in New Delhi. Iran's nuclear programme and talks on an ambitious free-trade...
View Photo »EU commissioner for Economic and Monetary Affairs Olli Rehn (L) speaks with Greek Finance Minister Evangelos Venizelos (R) on February 9, 2012 before an Eurogroup Council meeting at EU headquarters in Brussels.
View Photo »European Union High Representative Catherine Aston speaks during a press conference with US Secretary of State Hillary Clinton ON February 17, 2012 following a bilateral meeting at the State Department in Washington. Ashton said she is 'cautious and optimistic' about the prospect for...
View Photo »I don't know that the Fed is prepared for that, but they already set up the swap line...I think that is probably more of a role for the European Central Bank than for the Fed. Probably not going to happen.
This is another nail in the coffin for genetically modified foods in Europe ... This is a good day for consumers and farmers and opens the door for the European Union to shift Europe to greener and more publicly acceptable farming.
I don't know that the Fed is prepared for that, but they already set up the swap line...I think that is probably more of a role for the European Central Bank than for the Fed. Probably not going to happen.
Of these, Denmark and Lithuania sent representatives to the New Delhi Sherpa Meeting. The four international Organizations are the UN, IAEA, Interpol and the European Union
The question now is not whether we can have calm, free and fair elections, it's whether we can have elections at all
Applying the scenario of sanctions on Iran's oil exports to EU members would be economic suicide for the member countries
The Iraqi authorities have the right to dismantle the camp
The Commission is determined to take any legal steps necessary to ensure that the compatibility with European Union legislation is maintained
EU law precludes the imposition of an injunction by a national court which requires an internet service provider to install a filtering system with a view to preventing the illegal downloading of files
the global consolidation of exchanges might very well shift the balance towards countries favoring light-touch regulation, which would severely endanger the European Commission’s agenda ... Approving the proposed combination of Deutsche Boerse and NYSE Euronext would significantly increase the likelihoo...
The Libyan authorities should now ensure that Seif al-Islam is brought to justice in accordance with the principles of due process and in full cooperation with the International Criminal Court
The power to make a decision in this case lies exclusively with the European Union
We continue to buy oil from Iran. A large number of European Union countries also buy oil from Iran
There is no disagreement with the institutions of the European Union on the importance of basic principles, common European values and achievements
If Arab neighbours compensate for a looming EU ban on Iranian imports, 'we would not consider these actions to be friendly,' Iran's representative to OPEC, Mohammad Ali Khatibi, was quoted as saying by the Sharq newspaper on Sunday.
The European parliament looks forward to working in close cooperation with the new KMT administration and in particular to support a new EU-Taiwan economic cooperation agreement, which will bring prosperity to both sides
First of all, Russia is ahead in terms of almost negligible volume of state debt. On the other hand, even though inflation is at a record low, it is still higher than in the EU. We should also have in mind the fact that Russia owes much of its good economic figures to high oil prices
The delegation will share experiences and interact with officials from the EU member states' institutions that are playing an active role in the EU's economic and monetary union affairs
This fund will be practical because we are using the lessons learnt from the previous loan fund which was administered by the EU and this time around, we are taking a different approach and we are telling the miners to get organised because there is political will to make it work
The ECB is the central point for monetary policy in the euro zone according to the EU treaties and the ECB statutes. It isn't the only economic player however
This is more a reputational blow for the EU that had so prided itself on being a 'AAA' entity than anything with much economic significance. Unless the EU reverses course and shifts the focus to growth and away from its single minded obsession with austerity, the wave of downgrades will continue.
This is more a reputational blow for the EU that had so prided itself on being a 'AAA' entity than anything with much economic significance. Unless the EU reverses course and shifts the focus to growth and away from its single minded obsession with austerity, the wave of downgrades will continue.
I expect this group to make all the recommendations as regards the structure of EU banks it deems necessary to strengthen financial stability and enable banks to fully play their role in favor of the Single Market and European growth
This is a welcome step but while the European Commission does have the power to impose structural changes on EU banks, the proposals will have to overcome strong opposition from the banks and some member states
The structure of the Austrian economy is well-balanced; output has been evolving dynamically at above-average rates; Austria has a sizeable current account surplus; and it is the EU country with the lowest unemployment rate [just 4 per cent].
