Topic: Jose Manuel Barroso

EU-U.S. relations not living up to potential-Barroso

LONDON (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 ...

Europe targets credit default swaps traders

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 parliament in Strasbourg that commission ...

EU's Almunia says antitrust rules important in crisis

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 former monetary affairs commissioner who ...

Leaders eye finance overhaul as markets tumble

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 ...
European stock markets endured heavy falls in early trading on Wednesday while Asian shares closed sharply higher after 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 ...
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 ...
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 ...