The latest in Jose Manuel Barroso

EU chief wants law change to target rogue bankers

2011-10-16T03:30:05Z

European Commission chief Jose Manuel Barroso has proposed the introduction into European law of "individual responsibility" which would expose financial sector wrong-doers to criminal sanctions.

"This Thursday I am going to propose that individual criminal responsibility for financial players be recognised in European law," Barroso said in com...

No plans for EU-backed ratings firm: Barroso

2011-09-06T03:30:10Z

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 question...

EC chief Barroso does not see recession in Europe

2011-09-05T01:30:09Z

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 Reuters) - The European Union's relationship with the United States is not "living up to its potential" due to disagreements over climate change, trade reform and the economic crisis, the EU's most senior figure said in a newspaper interview published on Thursday.

Europe turned its sights on Tuesday on the controversial trade in insurance against sovereign loan defaults, the latest consequence to arise from market panic over spiralling Greek debts.

European Commission chief Jose Manuel Barroso told the EU<...

EU's Almunia says antitrust rules important in crisis

2010-04-16T07:06:33Z

BRUSSELS (Reuters) - Joaquin Almunia, the EU's newly-appointed competition chief, said on Monday the economic crisis was no excuse for loosening strict antitrust rules and reducing fines for violations that critics say are too high.

Almunia, the form...

Brown calls on G20 to agree deal to help poorer countries

2010-10-21T10:35:08Z

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Brown: We need free trade for global recovery

2010-10-21T10:34:55Z

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Leaders eye finance overhaul as markets tumble

2010-09-22T14:19:51Z

Emergency measures to tackle the financial crisis provided little relief for nervous investors Thursday, as stock markets around the world took a battering on fears of a global recession ahead.

With most analysts now considering a US recession inevitable, markets looked beyond the current wave of bank rescue packages and towards the possibility of a sustained period of lower demand.

Facing an economic downturn and the worst financial crisis since the Democrat Barack Obama was elected US president.

About 75 minutes after European trading opened, the London market was down 2.60 percent, Paris shed 2.57 percent and

US, European leaders to hold summits on financial crisis

2010-04-16T16:30:49Z

US and European leaders have agreed to hold a series of summits to reform the global financial system to make it more resilient and ensure continued prosperity in the world.

US President George W. Bush, French President Nicolas Sarkozy and European Commission President Jose Manuel Barroso said...

Sarkozy says 'world must change' before crisis talks with Bush

2010-04-16T12:51:35Z

French President Nicolas Sarkozy called for change in the global financial system before Saturday talks with US President George W. Bush, who is offering to host an international summit on the economic crisis.

Bush will make the summit announcement after Sarkozy and European Commission chief <...

Belgium EU India

2010-12-10T04:31:49Z

European Council President Herman Van Rompuy, left, directs Indian Prime Minister Manmohan Singh, center, to shake hands with European Commission President Jose Manuel Barroso during an EU-India summit ...

Belgium Hungary Orban

2010-11-17T06:02:43Z

Hungarian Prime Minister Victor Orban, left, and European Commission President Jose Manuel Barroso wait for the start of a college meeting of European Commissioners at EU Headquarters in Brussels on Wednesday, Nov. 17, 2010. (AP Photo/

Belgium EU Summit

2010-10-28T05:00:26Z

European Commission President Jose Manuel Barroso, left, and European Council President Herman Van Rompuy look through their papers during a pre-summit meeting at the EU Council building in Brussels on Thursday, Oct 28, 2010. European Union governments put...

Britain Ryder Cup Golf

2010-09-30T14:45:32Z

European Commission President Jose Manuel Barroso speaks as he stands next to the trophy during the 2010 Ryder Cup golf tournament opening ceremony at the Celtic Manor golf course in Newport, Wales, Thursday, Sept. 30, 2010. (AP Photo/Matt Dunham)

Belgium EU Roma

2010-09-15T22:15:55Z

European Commission President Jose Manuel Barroso speaks during a media conference at EU headquarters in Brussels, Wednesday, Sept. 15, 2010. Barroso on Wednesday supported comments made on Tuesday by EU Commissioner Viviane Reding concerning the handling of the...