Tag: European Union
Spain borrowing costs slide as rescue nears
Spain’s borrowing costs tumbled in a major bond auction Thursday as Madrid scrambled to decide “within weeks” whether to snatch a eurozone financial lifeline.
The...
Oil mixed in Asia
Crude was mixed in Asia on Tuesday with global economic concerns putting a lid on prices which were supported by tighter European Union sanctions...
Merkel on Nobel: euro represents union for peace
German Chancellor Angela Merkel Friday hailed the choice of the crisis-hit European Union for the 2012 Nobel Peace Prize, calling efforts to save the...
Spain tightens austerity screw in 2013 budget
Spain's government unveiled Thursday a 2013 budget that tightens austerity even in the teeth of growing protests, easing the path to a widely expected...
Russia set to throw first toy out of its pram
Russia is likely to contest European Union energy rules at the World Trade Organization in what would be its first trade dispute since it...
More money, more time
Greece should get cheaper rates on its 130 billion euro aid deal and at least two more years from the European Union and International...
Unser Freund!
Germany fully supports Pakistan for getting Gernalized System of Preference (GSP) Plus status by European Union and intends to invest in Pakistan as a...
EU’s getting a little too generous for its own good
The European Union plans to examine ways to create an aid buffer for poor countries that are vulnerable to international financial and other shocks,...
Eurozone retail sales rebound
Eurozone retail sales rebounded in May, rising by 0.6 percent from the level in April, when they had declined by 1.4 percent, European Union...
Oil slides on deepening fears over eurozone
Oil extended losses in Asian trade Friday on growing concerns that the eurozone's debt woes could worsen, causing a global crisis that would ravage...
Iran talks with world powers ‘positive’: EU
Iran’s talks Saturday with six world powers aimed at easing tensions over Tehran’s nuclear programme were faring much better than the last failed attempt,...
EU to slap travel, assets freeze on Assad’s wife: diplomats
The European Union is set to slap a travel ban and assets freeze on President Bashar al-Assad’s wife Asma and other members of his...
EU shows interest in financing Munda Dam
In a major development, European Union (EU) has shown interest to finance Munda Dam project and to establish micro hydro power projects in various...
Diplomatic reshuffle
Change of guard at the Foreign Office
There will be a change of guard at the Foreign Office early next month when Jalil Abbas Jilani,...
‘EU trade package an oxygen for textile exports’
Unilateral Tariff Concession to Pakistan given by European Union (EU) while securing a waiver of World Trade Organisation (WTO) rules is going to be...
US and the Iran bogeyman
This is with reference to European Union’s decision to impose sanctions on Iranian oil. This after the American President had already barred foreign firms...
EU, Arab League tighten noose on Syria
European Union nations tightened the noose on Syria on Monday, slapping new sanctions on Presidant Bashar al-Assad's regime and urging UN action to protect...
