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The Swiss are working against the value of the Franc, most notably against the Euro. This will more than likely continue to weigh upon the value of the Franc everywhere, and this pair will be no different. The Swiss send 80% of their exports into the...
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International Monetary Fund Managing Director Christine Lagarde (L) and Luxembourg Prime Minister and Eurogroup president Jean-Claude Juncker give a press conference following an Eurozone meeting on February 21, 2012 at the EU Headquarters in Brussels. ... View Photo »
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The question now is not whether we can have calm, free and fair elections, it's whether we can have elections at all
– European Union SOURCE: The Telegraph -
The EURO STOXX 50 futures pointed to a loss of 0.2%, Franceâs CAC 40 futures shed 0.15%, Londonâs FTSE 100 futures dipped 0.2%, while Germany's DAX futures pointed to drop of 0.25%. Also Tuesday, European Union finance ministers were scheduled to meet...
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February 2012 Last updated at 03:27 ET By Pallab Ghosh Science correspondent, BBC News The Canadian province of Alberta has vast oil sand reserves European Union officials are expected to vote on draft legislation that would label Canadian fuel as more...
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The 30-stock Micex retreated 0.9 percent to 1,565.42 by 11:24 a.m. in Moscow, heading for its weakest close since Feb. 14. United Co. Rusal, the world’s biggest aluminum producer, dropped 3.7 percent. VTB Group, Russia’s second-biggest bank, fell 1.8...
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Luxembourg Prime Minister and Eurogroup president Jean-Claude Juncker scratches his eyes during a press conference following an Eurozone meeting on February 21, 2012 at the EU Headquarters in Brussels. An unprecedented roughly 230-billion-euro (300... View Photo »
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Applying the scenario of sanctions on Iran's oil exports to EU members would be economic suicide for the member countries
SOURCE: FOX News -
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That’s the lowest rate since August and 14 percent less than the 575,000 barrels bought on average each day in December. Purchases averaged 557,000 barrels a day in 2011. The decline increases pressure on Iran as it seeks alternative buyers for its...
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Finance ministers agreed the deal after much wrangling over the conditions of the loan, which will see Greece reduce its debts from 160 per cent of GDP to 120.5 per cent by 2020. The agreement also ensures EU representatives will be embedded in Athens...
About European Union
Wikipedia
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
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Greek Finance Minister Evangelos Venizelos, left, shakes hands with German Finance Minister Wolfgang Schaeuble during a round table meeting of eurozone finance ministers at the EU Council building in Brussels on Monday, Feb. 20, 2012. Eurozone governments will likely approve on Monday a...
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(L to R) Greek Finance Minister Evangelos Venizelos (L) and Luxembourg Prime Minister and Eurogroup president Jean-Claude Juncker, Greek Prime Minister Lucas Papademos and German Finance Minister Wolfgang Schauble talk prior an Eurozone meeting on February 20, 2012 at the EU...
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(L to R) Greece's Finance Minister Evangelos Venizelos, Greece's Prime Minister Lucas Papademos and Germany's Finance Minister Wolfgang Schaeuble attend a Eurogroup meeting at the European Union council headquarters in Brussels February 20, 2012. Euro zone finance ministers are expected...
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Reuters Pictures
Jurgen Kroger, head of a European Union (EU) delegation, is followed by Rasmus Ruffer, head of a European Central Bank (ECB) delegation, as they leave the Socialist Party headquarters in Lisbon after a meeting February 20, 2012. Portugal is under the third bailout inspection of the...
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Greek Prime Minister Lucas Papademos, second left, speaks with Belgium's Finance Minister Steven Vanackere, left, and Greek Finance Minister Evangelos Venizelos, right, during a round table meeting of eurozone finance ministers at the EU Council building in Brussels on Monday, Feb. 20,...
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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...
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Reuters Pictures
Luxembourg's Prime Minister and Eurogroup chairman Jean-Claude Juncker (R) talks with Greece's Prime Minister Lucas Papademos (L) at the start of a Eurogroup meeting at the European Union council headquarters in Brussels February 20, 2012. Euro zone finance ministers are expected to...
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AP Photo
Managing Director of the International Monetary Fund Christine Lagarde speaks with the media as she arrives for a meeting of eurozone ministers at the EU Council building in Brussels on Monday, Feb. 20, 2012. Eurozone governments will likely approve on Monday a long-elusive rescue...
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AP Photo
Greek Finance Minister Evangelos Venizelos, right, arrives for a meeting of eurozone ministers at the EU Council building in Brussels on Monday, Feb. 20, 2012. Eurozone governments will likely approve on Monday a long-elusive rescue package for Greece, saving it from a potentially...
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Reuters Pictures
European Central Bank (ECB) President Mario Draghi arrives at a Eurogroup meeting at the European Union council headquarters in Brussels February 20, 2012. Euro zone finance ministers are expected to approve a second rescue package for Greece at a meeting on Monday, a move officials...
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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...
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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...
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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...
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European Financial Stability Facility (EFSF) Chief Executive Klaus Regling, IMF Managing Director Christine Lagarde, Eurogroup chairman and Luxembourg's Prime Minister Jean-Claude Juncker, and European Monetary Affairs Commissioner Olli Rehn (L-R) hold a joint news conference after a...
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Reuters Pictures
IMF Managing Director Christine Lagarde, Eurogroup Chairman and Luxembourg Prime Minister Jean-Claude Juncker and European Monetary Affairs Commissioner Olli Rehn (L-R) hold a joint news conference after a Eurogroup meeting in Brussels February 21, 2012. Euro zone finance ministers...
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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...
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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...
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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...
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Ambassador of the European Union to India Joao Gomes Cravinho gestures during an interview with.
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AP Photo
Luxembourg's Prime Minister Jean-Claude Juncker, right, and Managing Director of the International Monetary Fund Christine Lagarde, left, prepare to address a media conference after a meeting of eurozone finance ministers at the EU Council building in Brussels on Tuesday, Feb. 21, 2012.
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People protest against the controversial Anti-Counterfeiting Trade Agreement (ACTA) in Riga on February 13, 2012. Some 300 people braved sub-zero temperatures, to rally against the controversial Anti-Counterfeiting Trade Agreement outside the Baltic state's cabinet office, following...
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Reuters Pictures
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...
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Reuters Pictures
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...
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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...
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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...
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AP Photo
Greek Finance Minister Evangelos Venizelos, left, shakes hands with German Finance Minister Wolfgang Schaeuble during a round table meeting of eurozone finance ministers at the EU Council building in Brussels on Monday, Feb. 20, 2012. Eurozone governments will likely approve on Monday a...
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