Latest News on European Union

1STLEAD:Van Rompuy to urge joint EU economic management
Brussels - The European Union's new president is to call for joint EU economic management at a summit on Thursday, including plans to allow member states to oversee one another's policies, according to draft papers. Herman Van Rompuy is set to open h...

[Posted on : ] Category : [ Business ]

Latvian economy shrinks nearly 18 per cent in fourth quarter - Summary
Riga - The economy in Latvia, which has been the hardest hit of all 27 European Union (EU) member states by the global economic crisis, contracted by nearly 18 per cent in the fourth quarter of 2009, compared to the same period a year ago, data relea...

[Posted on : ] Category : [ Business ]

ANALYSIS:Where will Barroso's new commission steer Europe?
Strasbourg, France - The European Union's new executive officers have taken the helm: The question now is which way they will steer it. Approved by the European Parliament in Strasbourg...

[Posted on : ] Category : [ Europe (World) ]

Greek tragedy overshadows Van Rompuy's first summit - Summary
Brussels - The disastrous state of Greece's public finances and the danger of its undermining the euro as a whole looked set to overshadow the European Union's forthcoming summit on Thursday as the bloc's new president pre...

[Posted on : ] Category : [ Finance (General) ]

Macedonia hopes to complete EU accession talks within five years
Prague - Macedonian Prime Minister Nikola Gruevski said Tuesday that he would like his country to start and complete accession talks with the European Union within five years. Macedonia has been a candidate for EU entry since 2005, but the Balkan cou...

[Posted on : ] Category : [ Europe (World) ]

EU governments and commission try to rescue SWIFT deal - Summary
Strasbourg, France - The European Commission joined forces with European Union governments on Tuesday in trying to salvage a controversial data sharing deal with the United States, which risks being rejected by the European Parliament on Thursday. Th...

[Posted on : ] Category : [ Finance (General) ]

Greece raises retirement age, cuts pay ahead of strike - Summary
Athens - Greece moved Tuesday to tackle its debt crisis which has shaken global markets and the European Union by pledging tax reforms and increasing the retirement age, ahead of a nationwide strike. Our primary duty is to save the economy and to re...

[Posted on : ] Category : [ Business ]

Iran's nuclear decision undermines credibility, EU's Ashton says
Brussels - Iran's decision to start enriching uranium to an unprecedented level of 20 per cent undermines the regime's credibility and could lead to sanctions, the European Union's foreign-policy director warned Tuesday. A week ago, Iranian President...

[Posted on : ] Category : [ Europe (World) ]

Show us missing rights lawyer, EU's Ashton urges China
Brussels - The European Union's foreign-policy director on Tuesday urged the Chinese government to say what it knows about the whereabouts of missing human-rights lawyer Gao Zhisheng, over a year after his disappearance. The EU notes with concern th...

[Posted on : ] Category : [ Europe (World) ]

US stocks buoyed by possible Greek debt solution
New York - US stocks posted gains on Tuesday amid hopes that the European Union might consider helping Greece out of its debt crisis. Investors have been concerned for weeks about the Mediterranean country's debt woes, as well as those of Spain and P...

[Posted on : ] Category : [ Business ]

Lithuanian nuclear power plant closed for good - Summary
Vilnius - Lithuania's controversial nuclear power plant, the Ignalina facility, underwent its final shut-down late Thursday, fulfilling a commitment to close the plant that Lithuania gave when it joined the European Union in 2004. According to media ...

[Posted on : ] Category : [ Business ]

Somali pirates hijack chemical tanker with 24 crew
London - Somali pirates have captured a chemical tanker with 24 crew members in the Gulf of Aden on the first day of 2010, the European Union's monitors said Friday. The 150-metre long, 20,000-tonne M/V Parmoni, flying Singapore's flag, was on its wa...

[Posted on : ] Category : [ Africa (World) ]

Euro troubles to dominate EU summit, socialist leader says
Strasbourg, France - The financial crisis faced by Greece and other eurozone members such as Spain and Portugal will dominate the upcoming meeting of European Union leaders, the leader of the socialists in the European Parliament said Tuesday. An inf...

[Posted on : ] Category : [ Finance (General) ]

BACKGROUND:Who's who in the European Commission
Strasbourg, France - The European Commission, approved by the European Parliament on Tuesday, is set to steer European Union lawmaking for the next five years. The 27 commissioners, one from each EU state, are listed below, including their country an...

[Posted on : ] Category : [ Europe (World) ]

Greek airports to close in strike over budget cuts - Summary
Athens - All flights to and from Greece will be disrupted Wednesday as civil aviation workers plan to join a civil servants' strike, whilst the country attempts to tackle a debt crisis that has shaken the entire European Union and single currency. Th...

[Posted on : ] Category : [ Business ]

NEWSEnd of an era as Sweden hands over EU presidency - Feature
Brussels - Fifty-two years of European Union history are set to come to an end on Friday as Sweden hands over the bloc's last full national presidency to its new ...

[Posted on : ] Category : [ Europe (World) ]

Zapatero: Spain's EU presidency will tackle economic crisis - Summary
Madrid/Stockholm - Spanish Prime Minister Jose Luis Rodriguez Zapatero called for stronger efforts to fight the still smouldering world economic crisis Friday, as Spain took on the mantle of the European Union presidency . Achieving...

[Posted on : ] Category : [ Finance (General) ]

EU's Ashton condemns terror bombing in Pakistan
Brussels - The European Union's new top foreign affairs official, Catherine Ashton, on Saturday condemned the suicide bombing in Pakistan which killed at least 95 people the day before. Ashton, the High Representative of the Union for Foreign Affairs...

[Posted on : ] Category : [ Europe (World) ]

Trichet to attend EU summit as euro fears roll on
Brussels - The head of the European Central Bank, Jean-Claude Trichet, is to attend an informal European Union summit on Thursday, officials said Tuesday as concerns over the stability of the euro continued to grow. The summit is scheduled to focus p...

[Posted on : ] Category : [ Business ]

EXTRA: EU parliament approves deal that gives it more power
Strasbourg - The European Parliament approved Tuesday a resolution set to give it more powers within the European Union, as part of a deal expected to lead to the assembly's approval of the EU's executive, the European Commission. The so-called inter...

[Posted on : ] Category : [ Europe (World) ]

Greek airports to close as unions strike against budget cuts
Athens - All flights to and from Greece will be disrupted Wednesday as civil aviation workers plan to join a civil servants' strike, while the country attempts to tackle a debt crisis that has shaken the entire European Union and single currency. The...

[Posted on : ] Category : [ Business ]

Sweden hands over EU presidency to Spain
Stockholm - Sweden at midnight Thursday (2300 GMT) handed over the rotating presidency of the European Union to Spain, ending its six-month period at the helm of the 27-nation bloc. The Spanish EU presidency will be the first under the Lisbon Treaty ...

[Posted on : ] Category : [ Europe (World) ]

Pirates seize British-owned tanker off Somalian coast
London - A British-owned chemical tanker has been captured by Somali pirates in the Gulf of Aden en route from Thailand to Spain, the European Union (EU) naval monitoring force said Tuesday. It said the British-flagged St James Park, captured Monday,...

[Posted on : ] Category : [ UK (World) ]

EU welcomes Russian assurance not to cut oil shipments in 2010
Brussels - The European Union's executive body on Tuesday praised Russia's use of an early-warning mechanism to prevent another stoppage in oil shipments to the EU as has happened at the New Year in the past. EU Energy Commissioner Andris Piebalgs sa...

[Posted on : ] Category : [ Europe (World) ]

Russia warns of possible halt in oil supplies to Europe - Summary
Bratislava- Russia has warned of a possible halt in oil supplies to three European Union members via Ukraine, Slovakian Prime Minister Robert Fico said Monday. Russia had informed the EU that Slovakia, the Czech Republic and Hungary could be affected...

[Posted on : ] Category : [ Europe (World) ]



 
 

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