European Union - Economic Meltdowns

The head of the European Commission Jose Manuel Barroso on Monday said he did not anticipate Europe sliding into recession, instead seeing modest growth."We don't anticipate a recession in Europe. The latest forecast by the European Commission shows there will be growth, ...

The EU and IMF left a critical audit of Greek finances unfinished on Friday saying more budget work was needed, and the government admitted its deficit target is in trouble.Finance Minister Evangelos Venizelos conceded that Greece would have to revise its public ...

China said Friday that debt deals in the United States and in Europe would not be enough to save their economies and "concrete steps" must be taken to rebalance the global economy."The only way the Americans have come up with to improve ...

Asian shares rose Friday, led by banks, after eurozone leaders finally struck a bailout deal for Greece that also puts in place steps to avoid contagion in other struggling economies.Relief that the multi-billion-dollar" class="inform">dollar agreement had been reached also sent the euro ...

Greek Prime Minister George Papandreou said Saturday it was "time for Europe to wake up" and find a conclusive solution to his nation's debt crisis, which threatens to undermine the eurozone.Papandreou, who has frequently expressed impatience at the slow progress of the ...

ATHENS (Reuters) - A deeper-than-expected recession caused Greece's central government deficit to widen by almost one third in the first half of the year, widely missing an interim budget target under the country's bailout plan, the finance ministry said on Monday.Budget slippages ...

LONDON (Reuters) - Suicides rates rose sharply in Europe in 2007 to 2009 as the financial crisis drove unemployment up and squeezed incomes, with the worst hit countries like Greece and Ireland seeing the most dramatic increases, researchers said on Friday.But rates ...

VIENNA (Reuters) - Billionaire investor George Soros thinks a country will eventually exit the euro zone and urged policymakers on Sunday to come up with a "plan B" that could rescue the European Union from looming economic collapse.Soros, famous for making $1 ...

BRUSSELS (Reuters) - Euro zone ministers failed on Tuesday to reach agreement on how private holders of Greek debt should share the costs of a new bailout, putting the onus on the leaders of Germany and France to forge a deal later ...

Greenhouse-gas emissions by the 27 members of the European Union fell by 7.1 percent in 2009 over 2008, driven by economic recession but also a switch to renewable energy, the European Environment Agency (EAA) said on Tuesday.Emissions of the 15 countries that ...

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Topic: European Union

EC chief does not see recession in Europe

EU-IMF audit suspended as Greece overshoots budget

China says debt financing unlikely 'to save' US, EU

Greek bailout deal boosts Asian stocks

'Time for Europe to wake up' on debt crisis: Papandreou

Greek budget gap widens, misses targets

European suicide rates pushed higher by financial crisis

"Probably inevitable" a country will exit euro: Soros

Euro ministers fail to clinch deal on Greek aid

EU carbon emissions 'plummeted in 2009'

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