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German Cabinet approves ECB bank supervision
German Chancellor Angela Merkel's Cabinet has approved plans to hand the European Central Bank the power to oversee the continent's lenders, the main ...
Ukraine expects to sign cooperation accord with EU
Ukraine's foreign minister said he expects his country to sign a cooperation agreement with the European Union later this year despite the EU's ...
EU in Kosovo arrests suspected Balkan drug lord
EU authorities intervened late Tuesday to arrest an ethnic Albanian suspected of running a major cocaine and heroin smuggling network from Sarajevo, ...
Int'l donors pledge $300 million-plus for Somalia
International donors heeded warnings about the need for increased support for Somalia by pledging more than $300 million Tuesday toward bolstering ...
IMF's Lagarde criticizes US spending cuts
International Monetary Fund head Christine Lagarde criticized the U.S. government's budget policies as too tight on Tuesday, in an appearance in ...
Lower bad loans give HSBC a big Q1 profit boost
HSBC PLC, Europe's biggest bank by market value, saw its profits more than double in the first quarter as it booked fewer bad loans than in the same ...
French finance chief hails easing off austerity
French Finance Minister Pierre Moscovici on Tuesday hailed the European Union's decision to grant his country more time to tackle its deficit as a ...
Germany: immigration from euro-crisis nations up
The German government's statistics office reports that Immigration to Germany from European Union countries struggling with the financial crisis went ...
UEFA faces Financial Fair Play challenge
The lawyer who changed the face of European football when he pushed through the 1995 Bosman ruling on transfers and limits on foreigners is backing ...
Spain, Italy team up to demand crisis relief
The premiers of Spain and Italy teamed up Monday to push the eurozone to focus more on spurring economic growth instead of just reducing debt — a move ...
Kosovo police arrest suspected drugs kingpin
Kosovo police have arrested a suspected Balkan drug kingpin who is wanted on an international arrest warrant and blacklisted by U.S. authorities.
EU: Motorola may have violated antitrust rules
The European Commission said Monday that Motorola Mobility may have abused its dominant market position by denying Apple the right to use technology ...
ECB, Germany at odds over banking union set-up
The European Central Bank and Germany, the bloc's biggest economy, are at odds over how to set up the banking union that is meant to stabilize the ...
Jewish meeting highlights anti-Semitism in Hungary
Right-wing extremists shout Nazi salutes and attack a man they believe is Jewish. Black-booted militants frighten aging Holocaust survivors.
Hungary's prime minister denounces anti-Semitism
Hungary's prime minister told an international assembly of Jews on Sunday that his government has declared "zero tolerance" on anti-Semitism, but his ...
Cameron's Conservatives suffer in UK local votes
David Cameron's Conservatives took a drubbing in local elections amid a surge of support for an anti-European Union and anti-immigration party, ...
Strong US jobs report triggers stock market rally
Stock markets rallied on Friday, with both the Dow and S&P hitting new highs, after an unexpectedly strong U.S. jobs report indicated the world's ...
Catholic bishops condemn Irish abortion bill
Ireland's Roman Catholic leaders appealed to the public Friday to lobby their lawmakers to reject a bill that would permit abortions deemed necessary ...
EU predicts eurozone recession to continue in 2013
Europe will take longer to recover from its economic crisis as it tackles a worse-than-expected recession in the eurozone and unemployment at record ...
Oil up again to near $95 ahead of US jobs data
The price of crude oil continued to rise Friday, a day after posting its biggest jump this year, as traders awaited the release of a closely watched U
Asia stocks rise on US jobs data
Asian stock markets rose Friday, finding renewed strength from a fall in U.S. jobless benefit claims and an interest rate cut by the European Central ...
ECB cuts benchmark interest rate to 0.5 percent
The European Central Bank cut its key interest rate to a record low 0.50 percent Thursday and announced other measures to spur lending and help lift ...