Result Page 53 for European union news & latest pictures from ibtimes.com

US Stock Futures Down Ahead Of EU Summit; Dell In Focus

Futures on major U.S. stock indices point to a lower opening Wednesday ahead of new home sales data for April and a European Union summit.

Asian Stock Markets Slump On Euro Zone Concerns

Woman walks past stock quotation board outside brokerage in Tokyo

Market sentiment continued to be negative as a report quoting former Greek prime minister Lucas Papademos stated that Greece was considering preparations to leave the euro zone. Greece will hold fresh elections June 17.

European Central Bank Reportedly Propping Up Greece With Secret ?100 Billion Emergency Aid

European Central Bank Propping Up Greece With Secret €100 Billion 'Emergency Liquidity Assistance': Financial Times

The European Central Bank (ECB) is propping up Greece with a secret infusion of ?100 billion ($126 billion) in emergency liquidity assistance (ELA) funds, the Financial Times reported Tuesday.

European Stocks Boosted By Positive Outlook: Daily Markets Wrap

Comments regarding a rebound in the Chinese economy from the Organization for Economic Cooperation and Development lifted stocks earlier Tuesday and kept Asian and European bourses in the green. The comments came after Chinese Prime Minister Wen Jiabao said last weekend his government would focus more on growth than inflation.

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Asian Shares Plunge On Europe Crisis, US Econ Data

Asian shares fell steeply Friday after more signs emerged of growing instability among Spanish banks and political turmoil in Greece, with the latest sluggish economic data from the United States adding to the list of risks for investors.

Greece: New Democracy Party Leads Syriza In Polls

Greece's center-right New Democracy party has a slight edge among voters over the Coalition of the Radical Left, or Syriza, party ahead of the June 17th parliamentary elections, according to a new opinion poll.

U.S. Ready To Strike Iran: Ambassador To Israel

Israeli leaders Prime Minister Benjamin Netanyahu and defense minister Ehud Barak have long taken a hawkish stance against Iran.

Newly appointed lawmakers raise their arms during a swearing in ceremony in Athens

Greece Names Caretaker Cabinet Ahead Of Next Round Of Elections

Fears are escalating across Europe that Greece will have to exit the euro zone.

Leader of the Left Coalition party Tsipras smiles during a meeting with Greek President Papoulias in Athens

Greece: Syriza Leader Attacks EU And Merkel, As Caretaker Government Takes Shape

Tsipras has said he wants Greece to remain in the euro zone, but has demanded that bailout agreements be renegotiated by providing more favorable terms.

A sculpture showing the Euro currency sign is seen in front of the ECB headquarters in Frankfurt

ECB Stops Operations With Some Greek Banks: Sources

The European Central Bank has stopped monetary policy operations with some Greek banks as they have not been successfully recapitalized, euro zone central bank sources said on Wednesday.

Greece: Possible Expulsion From Euro Zone Would Raise Questions About ?European? Identity

Although Greece is considered the ?cradle of Western Civilization,? the nation has had a vastly different history and trajectory from the dominant countries of Western Europe.

Greek political leaders attend a meeting in Athens

Greece Sets New Elections, To Form Interim Caretaker Government

Last-ditch efforts to form a unity government on Tuesday failed, leading Papoulias to call these extraordinary measures.

Greeks Withdraw Cash On Concern About Euro Exit

Greece put a senior judge in charge of an emergency government on Wednesday to lead it to new elections on June 17 and bankers sought to calm public fears after the president said political chaos risked causing panic and a run on deposits.

Kurds attend a gathering to celebrate Newroz in southeastern Turkish city of Diyarbakir

Turkey: High Kurdish Birth Rate Raises Questions About Future

The fertility level in western Turkey (the most economically advanced part of the country) is now about 1.5 -- roughly the same as in western Europe.

German Chancellor Merkel attends a debate after delivering statement on her government policies in Berlin

'I Want Them In': Merkel Calls For Greece To Stay In Euro

The move comes after a final bid to form a government failed on Tuesday, raising the possibility of a Greek exit from the euro.

Ukraine To Increase Natural Gas Production, Decrease Dependence On Russian Energy

Ukrainian Prime Minster Mykola Azarov announced on Tuesday that Ukraine will ramp up its natural gas production by up to 25 percent over the next three years, a move that could help the country break free of its energy dependence on neighboring Russia.

European Influence Dips As Positive Opinions Of China Rise

International opinions about which nations serve as a positive influence on global affairs are changing. Around the world, more people are looking to Asia, with Japan topping the list, while increasing numbers are disappointed with Europe. However, Asians themselves remained wary of their neighbors.

Obama Administration Wants Iran Exile Group MEK Off Terrorist List: Report

The Obama administration is trying to get Iranian exile group the People's Mujahedin of Iran taken off of the State Department's list of Foreign Terrorist Organizations, according to a Monday report in the Wall Street Journal.

Finland Finally Gets A Starbucks -- Or At Least The Airport Does

While the rest of the world is focused on Greece?s exit from the euro zone, the news that caught my eye is Finland finally getting its first Starbucks café.

Socialist leader Evangelos Venizelos leaves the Presidential Palace after a meeting in Athens

Greece Bracing For New Election After Coalition Talks Collapse

Greek leaders threw in the towel Tuesday and called for another poll after their repeated failures to form a coalition government and address the country?s monumental debt crisis.

Leader of the Independent Greeks party Panos Kammenos arrives at the presidential palace in Athens

Greece On Edge Of Precipice As Parties Bicker In Athens

President Karolos Papoulias suggested he may propose a government led by non-politician technocrats with broad national appeal, somewhat similar to what Italy adopted with Prime Minister Mario Monti.

EU Navy Attacks Onshore Pirate Base In Somalia

European Union naval forces attacked known pirate supplies in an overnight raid in Somalia on Tuesday.

Greek Leftists Reject 11th-Hour Call For Nonpartisan Government

Greek leftists rejected a last-ditch proposal by the head of state on Monday to put technocrats in charge of the country, as financial markets slid on speculation that political turmoil would force Athens out of the euro zone.

GCC Meets In Saudi Arabia To Tighten Economic-Political Unity

Leaders of the Gulf Cooperation Council gathered in the Saudi capital of Riyadh on Monday for a one-day meeting to discuss the possibility of forming a regional bloc similar to the European Union.

Daniel S. Loeb, pirncipal, Third Point Capital

Memo To Loeb: You Broke Yahoo -- 5 Ideas to Fix It

Congratulations, the good guys finally won. You and your team, with help from other institutions, have ousted CEO Scott Thompson, elected three Third Point nominees to the board, removed another handful of management nominees and effectively control the company. Now what?

Euro Zone Industrial Output Fell In March, Recession Likely: Eurostat

Euro zone industrial production fell by 0.3 percent from February to March, despite gains made the previous month, and year over year production plummeted 2.2 percent, a report from the European Commission's Eurostat statistics bureau said Monday.