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Greek lawmakers have approved a package of spending cuts to try to win approval of a second bailout package. But European finance ministers canceled a meeting to discuss that funding after Greece failed to comply with several of their demands. ...
Marian L. Tupy and Richard Sulik Europe's troubles go well beyond governments' fiscal crises. The European Union faces a crisis of legitimacy. In the name of solidarity, Europeans are being asked to subsidize irresponsible behavior, in reckless...
Greek Prime Minister Lucas Papademos arrives at a cabinet meeting in Athens on February 14, 2012. European Union Economic Affairs Commissioner voiced hope today that Greece will secure a second bailout soon, warning that a disorderly default would... 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.
The trade association continues to stay on the defensive, monitoring labels filed with the name Napa on them and taking steps where possible. A current concern is the new Nava Valley wine region in China. But the association also been proactive, winning...
The swap deal, which will take several weeks to implement, has to be finalized by March 20, when Greece faces a euro14.5 billion bond redemption that it cannot pay.Tensions between Athens and other European capitals have hit new highs this week. ...
A man casts his ballot at the polling station in Zvecan, Kosovo, Tuesday, Feb.14, 2012. Defiant Serbs in northern Kosovo voted Tuesday in a referendum that is likely to overwhelmingly reject Kosovo's ethnic Albanian rule, further hindering Serbia's... View Photo »
There is no disagreement with the institutions of the European Union on the importance of basic principles, common European values and achievements
Google Vice President and Deputy General Counsel Don Harrison said that the company is now just awaiting the decisions of "a few" other jurisdictions before it can officially seal the deal. "We’re happy that today the European Commission approved our...
While the Moody's news rattled the markets, focus remained on Greece, which has acknowledged it still has much to do to persuade the European Union and International Monetary Fund to save it from a chaotic default. Euro zone finance ministers have...
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
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 »Greek Prime Minister Lucas Papademos arrives at a cabinet meeting in Athens on February 14, 2012. European Union Economic Affairs Commissioner voiced hope today that Greece will secure a second bailout soon, warning that a disorderly default would devastate Greeks and harm Europe.
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 »BEIJING, CHINA - FEBRUARY 14: Chinese Premier Wen Jiabao listens via earphones during a press conference in the Great Hall of the People, during the European Union (EU)-China summit on February 14, 2012 in Beijing, China. The talks are to focus on the Eurozone financial crisis, with...
View Photo »BEIJING, CHINA - FEBRUARY 14: European Commission President Jose Manuel Barroso (R), Chinese Premier Wen Jiabao (C) and European Council President Herman Van Rompuy attend a press conference in the Great Hall of the People, during the European Union (EU)-China summit on February 14,...
View Photo »BEIJING, CHINA - FEBRUARY 14: European Commission President Jose Manuel Barroso (front L), and European Council President Herman Van Rompuy (front R) walk with their delegations to meet Chinese Premier Wen Jiabao , during the European Union (EU)-China summit on February 14, 2012 in...
View Photo »BEIJING, CHINA - FEBRUARY 14: Chinese Premier Wen Jiabao (C) speaks to reporters as European Commission President Jose Manuel Barroso (R), and European Council President Herman Van Rompuy look on at a press conference in the Great Hall of the People, during the European Union...
View Photo »BEIJING, CHINA - FEBRUARY 14: European Commission President Jose Manuel Barroso (R), European Council President Herman Van Rompuy (L) and Chinese Premier Wen Jiabao pose for photos at the Great Hall of the People, during the European Union (EU)-China summit on February 14, 2012 in...
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 »Myanmar opposition leader Aung San Suu Kyi (center R) and European Union Commissioner for Development Andris Piebalgs (center 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...
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 »EU commissioner for Economic and Monetary Affairs Olli Rehn (L) speaks with Prime minister of Luxembourg and chairman of the Eurogroup Jean Claude Juncker (R) on February 9, 2012 before an Eurogroup Council meeting at EU headquarters in Brussels.
View Photo »EU Monetary Affairs Commissioner Olli Rehn (L) talks with Greece's Finance Minister Evangelos Venizelos during a Eurogroup meeting at the European Union council headquarters in Brussels February 9, 2012. Euro zone finance ministers and officials meet on Thursday to discuss a second...
View Photo »EU commissioner for Economic and Monetary Affairs Olli Rehn (L) speaks with Greek Finance Minister Evangelos Venizelos (R) before an Eurogroup Council meeting at the EU headquarters in Brussels on February 9, 2012. The head of the Eurogroup, Jean-Claude Juncker, said eurozone finance...
View Photo »The flags of Greece, right, and European Union flutter from the roof of the Finance Minister at Athens' main Syntagma square, as in the background is seen the ancient Parthenon temple during in Athens on Thursday Feb, 9, 2012. Greek Prime Minister Lucas Papademos and his coalition...
View Photo »The flags of Greece, 2nd left, and European Union flutter from the roof of the Finance Minister at Athens' main Syntagma square, as in the background is seen the ancient Parthenon temple during in Athens on Thursday Feb, 9, 2012. Greece's deputy labor minister has resigned to protest...
View Photo »Ripped EU and Greek flags flutter in Athens on February 9, 2012. The debt rescue for Greece hits an 11th-hour hurdle on pension cuts, with eurozone ministers poised to meet on a package to avert default and Greek unions calling another general strike to fight the terms.
View Photo »European Union Commissioner Kari De Gucht (R) talks with Indian Minister for Commerce and Industry Anand Sharma during a meeting in New Delhi on February 9, 2012. Gucht will attend the annual India-EU Summit scheduled for February 10.
View Photo »European Union Trade Commissioner Karel De Gucht (R) shakes hands with India's Trade Minister Anand Sharma before their meeting in New Delhi February 9, 2012.
View Photo »Protesters pass by the Bank of Greece headquarters where 'Greece' was changed to 'Berlin' during a 24-hour general strike in Athens on February 7, 2012. A general strike gripped Greece in protest against new austerity measures demanded with increasing urgency by the European Union as...
View Photo »A woman carries a PPC union flag on February 8, 2012 in front of the Ministry of Development occupied by Public Power company unionists in Athens. Greece reached the hour of decision on February 8 over more budget cuts demanded by the European Union (EU) and the International Monetary...
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 »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
It is good we have a resolution supported by the six (powers) ... It supports the work of the agency, condemns the lack of Iranian cooperation and calls on Iran to cooperate at last and without delay.
We continue to buy oil from Iran. A large number of European Union countries also buy oil from Iran
We want the European Union to get a face ... Therefore the president of the European Commission should in the future be directly elected by all of the Union's citizens.
There is no disagreement with the institutions of the European Union on the importance of basic principles, common European values and achievements
We want the European Union to get a face ... Therefore the president of the European Commission should in the future be directly elected by all of the Union's citizens.
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.
