Topic: European Union
BRUSSELS (Reuters) - The euro zone debt crisis is likely to be the focus of the summit of the leaders of the world's 20 biggest developing and developed economies (G20) in early November, because of concern about the dangerous spillovers it may ...
As Europe races to rescue its banks, the EU executive on Friday gave governments 10 days to agree on coordinated plans to recapitalise lenders hit by the eurozone debt crisis.The deadline comes as the governments of France and Belgium negotiate a break-up ...
Germany called on its EU partners to recapitalise the banking sector to help prevent the eurozone debt crisis spreading as the IMF warned the European Union to get its act together.Chancellor Angela Merkel said helping the banks was "justified, if we have ...
ATHENS (Reuters) - Greece will remain trapped in recession next year, threatening the country's efforts to cut deficits and claw its way out of a debt crisis shaking the euro zone, budget figures showed on Monday.The economy will suffer a fourth consecutive ...
Europe's finance chiefs defended their approach in addressing the debt crisis as pressure built from markets and other regions to take action to prevent it from snowballing.With the US and eurozone debt and deficit crisis overhanging the IMF-World Bank annual meeting in ...
RIGA (Reuters) - Latvia's lesson for Greece is that harsh austerity is unavoidable to remedy years of over-indulgence but the vast social differences between the two countries suggest it may be lost on ordinary Greeks.Latvians, having suffered two years of a strict ...
(Reuters) - Billionaire investor George Soros has warned Europe's debt crisis risks triggering another Great Depression unless euro zone leaders adopt a series of radical policy measures, including the creation of a common treasury.Soros, in an article for the New York Review ...
Emerging economies which make up the BRICS group will discuss possible aid to the European Union to help it confront its debt crisis, Brazilian Finance Minister Guido Mantega said on Tuesday."The BRICS nations will meet next week in Washington and we will ...
European Commission chief Jose Manuel Barroso on Tuesday ruled out creating a Brussels-backed public ratings agency to rival established credit firms following a series of sovereign downgrades in Europe.The Portuguese politician said there were questions over the role of ratings agencies in ...
European Commission chief Jose Manuel Barroso on Monday said he did not expect Europe to slide into recession, calling the European Union and the euro "strong and resilient."On his first official visit to Australia, the Portuguese also stressed the need to strengthen ...
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Hungary Power Politics
FILE - In this Oct. 28, 2010 file photo, Hungarian Prime Minister Viktor ...AP News - -
Belgium Europe Financial Crisis
Portugal's Prime Minister Jose Socrates arrives for an EU summit in ...AP News - -
China EU
European Commission Vice President in charge of competition policy, Joaquin Almunia, center ...AP News -
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The EU Parliament and the Treaty ...
The EU-Parliament and its function within the European Union, explained ...2009-05-21
