Tag: European
‘The euro is a currency with a state’
Praising the deal reached earlier this week to reduce Greece's debt burden as an unprecedented commitment by euro zone governments to keep the crisis-wracked...
EU parliament sprayed with milk
Thousands of dairy farmers, accompanied by hundreds of tractors, descended on the Belgian capital on Monday for two days of demonstrations. Disruption has continued,...
Spain to get EU bank aid Dec 15
European authorities will transfer 35 billion euros to Spain’s state bank rescue fund on Dec. 15 in exchange for massive layoffs at Spain’s...
EU leaders warn budget deal far off
European leaders voiced pessimism Friday on reaching a deal on a trillion-euro EU budget, as gruelling talks pushed into a second day with little...
EU budget summit opens with hard bargaining
EU leaders are beginning talks on the bloc’s seven-year budget, with many of them calling for cuts in line with the savings they are...
Jimenez makes European Tour history
Spain's Miguel Angel Jimenez on Sunday became the oldest winner in European Tour history.
Only seven weeks away from his 49th birthday, Jimenez took the...
European workers stage austerity protests
Workers across the European Union are staging a series of protests and strikes against rising unemployment and austerity measures.
General strikes in Spain and Portugal...
Greek debt could go above 140 percent of GDP in 2020,...
Greece’s second international bailout in March was supposed to make its debt sustainable by 2020, falling to 116.5 percent of economic output, but two...
ECB’s Weidmann urges honest troika report on Greece: paper
The ECB Governing Council member and Bundesbank chief said international lenders must still make an “unembellished and honest” assessment of the country’s finances.
“Politicians have...
Euro at two-month low versus dollar on European growth concerns
The U.S. dollar and the yen advanced, while the Australian dollar weakened, as investors shed growth-linked currencies in favor of safe havens.
Growth in Germany,...
Euro weak in Asia ahead of ECB meeting
The euro weakened in Asia Thursday as markets looked to a European Central Bank meeting as the next key trading peg after the US...
EU provides 1.2 m euros grant for climate study of Munda...
The European Union (EU) on Monday provided 1.2 million Euros as grant to conduct climate change impact assessment study in Swat basin for Munda...
Raja extols EU trade concessions
Prime Minister Raja Pervez Ashraf on Monday said Pakistan attaches great importance to its relations with European Union which would be further strengthened with...
Sindh governor mulls improving European fish exports
Governor of Sindh Dr. Ishrat ul Ebad during his recent visit to United Kingdom had talks with experts from the fishery sector that may...
China central bank chief wary of QE3 inflation risk: paper
The remarks by People’s Bank of China (PBOC) Governor Zhou Xiaochuan come even as analysts credit policy easing from G4 central banks - the...
EU advisers to urge structural reform for banks
An EU advisory group will on Tuesday recommend reforms that could include splitting banks’ retail business from their investment operations to protect savers and...
ECB may not supervise all banks: Merkel ally
The European Commission has proposed making the ECB the main supervisor for euro zone banks to prevent problems at lenders struggling with bad debts...
