EUROPEAN UNION

Asian shares posted modest gains while Europe rallied after the region's service sector grew to a 4-year high.

Across Europe there are "incredible discrepancies in the time taken to process applications and in acceptance rates," Jean Asselborn said.

As a crisis continues, Germany wants to draw a clear distinction between refugees fleeing conflicts and migrants seeking economic opportunities.

Sanctions were first applied in 2014 over Russia's actions in Ukraine, including the March 2014 annexation of Crimea.

Within the economic bloc, however, wide disparities persist with Germany showing an unemployment rate of 4.7 percent while Greece reported one in four people without a job.

The border checks in Austria seemingly violate the free movement within Europe guaranteed under the Schengen pact.

The Sunday tragedy follows another that occurred Thursday, in which 200 people may have perished.

Ironically, walls and fences have often had the opposite of their intended effects — especially for the droves of migrants looking to enter the European Union.

Vassiliki Thanou, the country's top Supreme Court judge, will lead the government until an election is held next month.

France is now in talks with multiple countries to sell one or both of the vessels.

Greece repaid $3.7 billion to the ECB after receiving $14.5 billion from the European Stability Mechanism, the eurozone’s bailout fund.

The move will provide Greece sorely needed funds just ahead of a deadline to repay the European Central Bank.

The case has entered its fifth year, but new charges brought against the American company could force it to pay up to 10 percent of its turnover in fines.

IMF's participation in the new 86 billion-euro bailout is uncertain because the fund demands debt relief to ease the burden on Greece.

The president of the German lower house of parliament has invited lawmakers to a special session on Wednesday morning to vote on a new 86 billion euro bailout package for Greece.

The European Central Bank called the performance disappointing and expressed concerns of a further hit if the Federal Reserve raised interest rates.

The measure is expected to be put to a parliamentary vote by Friday, but opposition from within the Syriza party has raised concerns of delays.

As the migrant population of would-be asylum seekers is expected to reach 500,000, Germany may restrict borders

European finance ministers have agreed in theory to a $94 billion bailout package, but Greece is far from being in the clear.

The Greek government is hoping to finalize terms of a third bailout ahead of the Aug. 20 deadline to repay 3.4 billion euros ($3.7 billion) to the ECB.

Greece’s economy and finance ministers met with officials of the European Union and International Monetary Fund in Athens Saturday.