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Greek Bailout Talks Nearing Completion

Posted 08.01.2011 | Business

ATHENS (Ingrid Melander and George Georgiopoulos) - Greece should complete talks by the end of the week with inspectors from the EU and IMF on a m...

Why India Isn't Trying for the IMF Top Post

Anant Goenka | Posted 07.31.2011 | World
Anant Goenka

Since the President of the World Bank has always been American, and the IMF, European, it's fair to persuade the IMF to now elect a candidate from a developing country that is increasingly influential in the global economy.

EU Rushing To Complete Greece's Second Bailout Package

Posted 07.30.2011 | Business

BRUSSELS/ATHENS (Jan Strupczewzki and Harry Papachristou) - The European Union is working on a second bailout package for Greece in a race to rele...

EU Commissioner Reding: All EU Crime Victims Will Get Help -- In Their Own Language

Elisabeth Braw | Posted 07.27.2011 | World
Elisabeth Braw

"For too long our criminal systems have focused on the offenders, but the victims were nowhere to be found. Now, victims are no longer forgotten."

Greece's Credit Rating Pushed Even Deeper Into Junk Status

Posted 07.20.2011 | Business

ATHENS - Fitch pushed Greece's credit rating deeper into junk territory on Friday, warning of even further downgrades if the EU and the IMF do not...

Officials Agree On Huge Portugal Bailout Package

Posted 07.16.2011 | Business

BRUSSELS (AP, By Gabriele Steinhauser) -- European finance ministers on Monday signed off on euro 78 billion ($110 billion) in rescue loans to Portuga...

US Airlines Say They Are "Green" While Fighting Anti-Pollution Efforts

Jake Schmidt | Posted 07.12.2011 | Green
Jake Schmidt

If an airline claimed to be "green" but was actively working to gut carbon pollution standards, what would you do?

Europe's Boogey Man: Nomadic Migration Part 3

Phillip Martin | Posted 07.09.2011 | World
Phillip Martin

Thousands of panicked Libyans are heading across the Mediterranean. But what happens once these desperate visitors are released in places like Malta in the midst of anti-immigrant fervor?

EU Offers A Big Break To Greece And Ireland

Posted 07.09.2011 | Business

BRUSSELS/ATHENS (By By John O'Donnell and Ingrid Melander) - The European Union is looking to lower interest rates on bailout loans to Greece an...

Ireland Expects Debt Restructuring Within Three Years, Report Says

Posted 07.08.2011 | Business

Ireland's government expects the country's debts will be restructured within the next three years, The Irish Mail on Sunday reported, citing an un...

Portugal Bailout Terms Are 'Severe,' EU Says

AP | By GABRIELE STEINHAUSER and BARRY HATTON | Posted 07.04.2011 | Business

LISBON, Portugal -- Portugal's bailout terms are 'severe' and no more lenient than those Greece and Ireland received, an EU official said Wednesday in...

Greece Debt Restructuring Would Be A Disaster, Officials Warn

Posted 07.03.2011 | Business

ATHENS/LISBON (By George Georgiopoulos and Andrei Khalip) - Greece insisted on Tuesday any restructuring of its debts would be a disaster for the ...

EU: Greece Debt Restructuring 'Not Part Of Our Strategy'

Posted 07.02.2011 | Business

BRUSSELS (AP) -- The EU's top economic affairs official says a restructuring of Greece's massive debt is not on the table. Monetary and Economic Af...

Libya -- Oil, Water, Gold Are the Real Issues

Gemma Godfrey | Posted 06.15.2011 | Business
Gemma Godfrey

The oil price has skyrocketed over the past few months and the finger often points to Libya and claims of supply disruptions have dominated the press. However, are these claims grounded in fact or are we watching yet another sentiment driven bubble?

Euro Falls After Moody's Further Downgrades Ireland

Posted 06.15.2011 | Business

DUBLIN (Padraic Halpin) - Moody's cut Ireland's sovereign rating by two notches to the verge of junk status on Friday and kept its outlook on nega...

EU Announces Huge Fines For Laundry Cartel

AP | By GABRIELE STEINHAUSER | Posted 06.13.2011 | Business

BRUSSELS -- European Union regulators on Wednesday fined consumer products companies Procter & Gamble and Unilever a total of euro315.2 million ($456 ...

EU Finance Ministers Urge Austerity Reforms As European Unions Protest

Posted 06.09.2011 | Business

GODOLLO, Hungary (Marton Dunai) - EU finance ministers on Saturday urged Portugal to commit to reforms and defended the region's austerity steps as ...

The 'Surprises' of the Japanese Crisis and the Investment Lessons to Learn

Gemma Godfrey | Posted 10.26.2011 | Business
Gemma Godfrey

Surprise consequences to the earthquake in Japan have revealed significant weaknesses in both the worlds of politics and business and from an investment point of view, there are lessons we can learn.

Europe's Contradictions on Iran Sanctions

Abraham H. Foxman | Posted 06.01.2011 | World
Abraham H. Foxman

"Sanctionable" is one of a few English words to have two contrary meanings: legally punishable and ethically approvable. The contradiction appears to translate well into three European languages: German, Italian and Spanish.

Gaddafi's Long Reach

Eric J. Weiner | Posted 05.25.2011 | Business
Eric J. Weiner

To the nations of Europe that have come to rely on oil and petrodollars from Moammar Gaddafi's nation, the destruction of what could be called Libya Inc. is likely to be the most painful blow.

Is France Capable of International Cooperation?

Georges Ugeux | Posted 05.25.2011 | World
Georges Ugeux

The Libyan situation has exposed something that those who operate in the international arena have always been worried about: France's inability to ent...

EU Bonds: Portugal Proving the Point & How You Can Profit

Gemma Godfrey | Posted 05.25.2011 | Business
Gemma Godfrey

Just what is at the root of the EU's troubles? And how do last week's events with Portugal exemplify the problem?

Privacy Regulators Urge 'Right To Be Forgotten' Online

Reuters | Posted 05.25.2011 | Technology

In the first sign of where Europe may be headed with its privacy regulations, the European Union announced this week that social networking sites and ...

EU Anti-Trust Against Publishers Setting eBook Prices...Is The US Next?

guardian.co.uk | Posted 05.25.2011 | Books

On Tuesday 1 March, several publishing offices in Europe were raided by inspectors from the European Commission. "They burst in like cowboys" said Fra...

EU Considers Stress Tests For Nuclear Power Plants

AP | Posted 05.25.2011 | Green

BRUSSELS -- The European Union says it's considering stress tests for nuclear plants to find out whether they can withstand earthquakes or other emerg...