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European Union

Cyprus bailout talks make 'good progress'
Cyprus' potential international creditors said Friday they have made "good progress" in negotiations on a possible bailout for the crisis-hit country.
EU leaders approve Mersch, another male, for ECB
The appointment of Luxembourg's top banker to a top post at the European Central Bank left it looking a lot like an Old Boys' Club on Friday.
EU summit ends without budget deal
A summit of the European Union's 27 national leaders, charged with agreeing on a long-term budget for the bloc, broke up Friday afternoon without ...
EU pays $230M a year to keep Parliament on road
If European Union leaders are looking to save some serious money, they might look no further than the "traveling circus" that is the European ...
Business confidence rises unexpectedly in Germany
German business confidence rose unexpectedly in November after six straight declines, a closely-watched survey showed Friday, raising hopes that ...
Cyprus 'very close' to signing bailout deal
Cyprus is "very close" to signing an agreement with potential creditors for a bailout to support its troubled banks and pay its bills, the crisis-hit ...
Georgia's new premier raises pressure on president
Georgia's new prime minister said Thursday he would move quickly to expand the Cabinet's powers, a change that would take away even more influence ...
Debate over EU debate mixes philosophy and money
Which side of this week's debate on the European Union budget a country takes can depend largely on which side its bread is buttered. Those that ...
Germany: EU supervisor must focus on biggest banks
Europe's planned single banking supervisor should focus only on the biggest institutions that pose the greatest risk to the financial system, a German ...
EU takes major step to protect sharks
The European Union took a major step to protect sharks on Thursday, banning the brutal practice of hacking off their fins before throwing the fish ...
Catalan independence debate hits cold realities
As in towns across this wealthy northwestern region, the maze-like cobblestone streets of Girona's medieval quarter are fluttering with flags in favor ...
EU nations head into tough budget summit
Leaders from around Europe are arriving in Brussels Thursday for what promises to be a turbulent summit on the budget for the 27-country European ...
Syrian warplanes bomb Damascus suburbs
Syrian warplanes bombed Damascus suburbs and rebel-held areas in the country's north Wednesday as the government blasted the European Union for ...
Greek PM presses for deal on loan
Greece reacted with dismay Wednesday after European finance ministers failed to agree to release vital rescue loans, with the prime minister warning ...
WHY IT MATTERS: The EU budget debate
The Issue: Europe's leaders will gather in Brussels on Thursday to decide on how much the European Union, the political and economic partnership ...
Eurozone fails to reach deal on Greece aid
European Union officials failed Wednesday to reach a deal on giving Greece more aid, prolonging uncertainty over the future of the debt-hobbled ...
As Europe plots closer ties, Britain mulls split
Goodbye Britain? For the European Union, a once-unthinkable question is looking more like a real possibility with each new grinding week of economic ...
Unwise spending exposes Europe's economic errors
The president of these Portuguese islands turned out, as he almost always does, for a ribbon-cutting ceremony at his government's latest showpiece ...
Downgraded France says it needs more time
France's government has shrugged off the latest downgrade of its credit rating, saying Tuesday that it just needs time for reforms to the sluggish ...
Former Croat PM jailed for corruption
Former Croatian Prime Minister Ivo Sanader was sentenced to 10 years in prison for bribery on Tuesday, after a trial that was closely monitored by the ...
Glencore shareholders back Xstrata merger
Shareholders in Glencore International PLC, one of the world's biggest commodity traders, have voted to approve a merger with Anglo-Swiss mining ...
Syrian Islamists reject Western-backed opposition
Syria's increasingly powerful Islamist rebel factions rejected the country's new Western-backed opposition coalition and unilaterally declared an ...
EU endorses Syrian opposition
The newly formed Syrian opposition coalition received backing from the European Union on Monday in a significant vote of confidence for a movement ...
Greece fine tunes its austerity as it awaits loan
Greece faces a tense wait Tuesday for vital bailout money as finance ministers from the 17 European Union countries that use the euro try to reach an ...
Germany: Turkey will ask NATO for Patriot missiles
Germany's defense minister said Monday he expects Turkey to make a formal request to NATO for Patriot missiles to bolster anti-aircraft defenses along ...