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European Union

  • EU, Latin American nations end 'banana dispute'

    The infamous 'banana dispute,' an international trade battle that started over two decades ago, has finally ended. The European Union and 10 Latin ... 

  • Greek wait for cash goes on despite austerity vote

    Greece's euro partners won't be able to release the country's next batch of bailout cash next week, even though the Greek Parliament narrowly backed ... 

  • ECB president warns on economic growth

    European Central Bank President Mario Draghi has warned that the economy of the 17 countries that use the euro remains weak and will struggle to grow ... 

  • Spain completes year's financing with $6B auction

    Spain's government has met its financing needs for the year after raising €4.76 billion ($6.07 billion) in a bond auction on Thursday. The Treasury ... 

  • Text of statement by ECB President Mario Draghi

    Below is the full text of the statement that European Central Bank President Mario Draghi delivered at his press conference on Thursday. "Ladies and ... 

  • Siemens to cut costs as Q4 profits dip

    German industrial conglomerate Siemens said Thursday it was launching a new cost-cutting program and productivity push aimed at saving €6 billion ($7. 

  • EU probes Chinese subsidies of solar panels, parts

    The European Union is considering imposing tariffs on Chinese-made solar panels and parts after a complaint from European manufacturers alleged that ... 

  • Gregg Maloney

    Dow loses 313 in post-election sell-off

    Wall Street greeted a second Obama term the way it greeted the first. Investors dumped stocks Wednesday in the sharpest sell-off of the year. With the ... 

  • Cyprus' bailout talks to restart this week

    Talks with potential creditors on forging a bailout agreement for Cyprus will resume this week, the government spokesman said on Wednesday, easing ... 

  • EU: Eurozone recession to be worse, rebound slower

    Europe's economy is still reeling and unemployment could remain high for years despite the progress made in solving the debt crisis, the European ... 

  • US futures reverse course, fall on European crisis

    U.S. stock futures reversed course and declined sharply Wednesday after dire warnings from Europe of a broad recession there is now all but certain. 

  • Angela Merkel

    German experts lower growth forecast, urge savings

    Germany's government must do more to cut spending to get its deficit under control as the economy is weakening faster than earlier expected, the ... 

  • Strike hits Greece in bid to derail austerity plan

    Greek trade unions launched a general strike and nationwide protests on Tuesday against a new package of austerity measures, to be voted on this week, ... 

  • China launches WTO case against EU solar subsidies

    China has filed a World Trade Organization case challenging subsidies provided by some European Union members to promote the solar panel industry, ... 

  • Antonis Samaras

    Greece: More austerity despite strikes, dissent

    Greece's conservative-led coalition detailed a new four-year package of austerity measures late Monday, facing down escalating protests by unions and ... 

  • Cyprus denies claim it's Russian dirty money haven

    Cyprus' government on Monday dismissed a German media report that claims a financial bailout for the island nation would primarily benefit Russians ... 

  • Yuri Levchenko

    Revote urged in 5 election districts in Ukraine

    Ukraine sank deeper into political turmoil Monday following a disputed parliamentary election, with the opposition dismissing a government offer for ... 

  • Spain further delays ECB board nomination

    The European Union's member states failed on Monday to name Luxembourg's top banker to the executive board of the European Central Bank after Spain ... 

  • Some 2,000 ground handlers demonstrate at EU

    Some 2,000 airport ground handlers have demonstrated outside European Union headquarters to protest plans to open up their sector to greater ... 

  • Dutch queen swears in new government

    Queen Beatrix swore in a new centrist Dutch government under Prime Minister Mark Rutte on Monday, even as the conservative leader faced harsh ... 

  • Ryanair raises outlook as profits rise 10 pct

    European airline Ryanair reported stronger-than-expected half-year profits Monday and raised its outlook for the full year as its cost-conscious ... 

  • King Albert II, Queen Paola

    Belgian Crown Prince at heart of royal scandal

    This time, Belgium's royal family came out swinging. Crown Prince Philippe, 52, had been depicted in a book as less of a man than is needed to become ... 

  • Romania: 33 bankers and officials detained

    Prosecutors on Friday detained 33 government officials and bankers on suspicion of money laundering and fraud that cost Romania €22 million ($28. 

  • Wheel you marry me? Europe has crush on cycling

    Cycling through the heart of some European cities can be a terrifying experience as you jostle for space with cars, trucks and scooters that whizz by ... 

  • RBS Q3 earnings hit by insurance provision

    Part-nationalized Royal Bank of Scotland posted a third-quarter loss as it boosted its provision for compensating customers who bought payment ... 

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