European Economy

Vaclav Klaus Signs Lisbon Treaty, Ending Year-Long Stalemate

ft.com | Posted 11.03.2009 | World


Vaclav Klaus, Czech president, on Tuesday signed the Lisbon treaty, ending a year-long stalemate with his fellow EU leaders and bringing the new gover...

The Next big Taxpayer Bailout? IMF Could get Hundreds of Billions for European Banks

Mark Weisbrot | Posted 07.10.2009 | Politics


Mark Weisbrot

The Obama administration wants $108 billion for the IMF. Why? Most of the Central and Eastern European economies are in free fall right now, and they're counting on the IMF to save their banks.

EU Economy Shrank By A Massive 2.5 % In Q1

Yahoo! Finance | Pan Pylas | Posted 06.15.2009 | Business


LONDON (AP) -- The economy in the 16 countries that use the euro shrank by a massive 2.5 percent in the first quarter as a global recession sapped the...

European Economy To Shrink 4 Percent This Year, Predicts European Commission

BBC NEWS | Posted 06.04.2009 | World


EU economies will contract by 4% this year, the European Commission has forecast, in a massive revision from its earlier prediction....

Europe's Leaders Race To Find Financial Solution

Bloomberg | Simon Kennedy and Sandrine Rastello | Posted 11.12.2008 | Business


European leaders meet today to forge a new set of measures to combat the credit freeze after their failure to act a week ago contributed to the worst ...

European Economy Shrinks For First Time Since Introduction Of The Euro

AP | AOIFE WHITE | Posted 09.14.2008 | Business


BRUSSELS, Belgium — The euro-zone economy shrank 0.2 percent in the second quarter, EU statistics showed Thursday, raising recession fears as Ge...