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.
BRUSSELS (AP, By Gabriele Steinhauser) -- European finance ministers on Monday signed off on euro 78 billion ($110 billion) in rescue loans to Portuga...
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?
LISBON, Portugal -- Portugal's bailout terms are 'severe' and no more lenient than those Greece and Ireland received, an EU official said Wednesday in...
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?
BRUSSELS -- European Union regulators on Wednesday fined consumer products companies Procter & Gamble and Unilever a total of euro315.2 million ($456 ...
GODOLLO, Hungary (Marton Dunai) - EU finance ministers on Saturday urged Portugal to commit to reforms and defended the region's austerity steps as ...
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.
"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.
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.
The Libyan situation has exposed something that those who operate in the international arena have always been worried about: France's inability to ent...
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 ...
On Tuesday 1 March, several publishing offices in Europe were raided by inspectors from the European Commission. "They burst in like cowboys" said Fra...
BRUSSELS -- The European Union says it's considering stress tests for nuclear plants to find out whether they can withstand earthquakes or other emerg...