Result Page 98 for European union news & latest pictures from ibtimes.com

Will Europe Seek China’s Help to Solve Debt Crisis?

Klaus Regling, chief executive officer of the EFSF, will fly to China in order to lure investors.

European Stance on Negotiations With Greek Bondholders Show Leaders Have More Steel Than U.S. Fed

European leaders are negotiating with Greek bondholders, publicly stating investors will have to take substantial losses. Their stance is in stark contrast to the way debt holders have been coddled in programs managed by the U.S. Federal Reserve

EU-27 Joint Statement on Eurozone Crisis Summit Meeting (FULL-TEXT)

Czech Republic's Prime Minister Necas Britain's Prime Minister Cameron France's President Sarkozy and Slovenia's Pahor attend an EU summit in Brussels

The European Union (EU)-27 has released the following joint statement on the Eurozone debt crisis summit taking place in Brussels, Belgium.

Poland's Prime Minister Tusk Britain's Prime Minister Cameron and Germany's Chancellor Merkel attend an European Union summit

Signs of Hope Coming Out of Brussels Eurozone Crisis Summit

There has been a preliminary agreement to recapitalize European banks.

More news

Mugabe Cancels UN Trip After Officials Denied Visas

President Robert Mugabe of Zimbabwe has been forced to cancel a trip to Geneva for a United Nations meeting this week after his wife and some of his aides were denied visas, state media said on Wednesday.

FTSE steady as European debt plan concerns linger

Britain's top share index was steady Wednesday, with investors keeping largely to the sidelines as the prospects for a comprehensive deal to tackle the euro zone debt crisis at a summit looked slim.

Euro crisis weighing on UK economy - Bank's Dale

The Bank of England's means to boost the fragile British economy are limited as the euro zone crisis is weighing on growth, the Bank's chief economist Spencer Dale said in a newspaper interview published on Wednesday.

German Parliament Backs Merkel’s Plan to Boost Rescue Fund

The approval bolsters Merkel as she prepares to journey to Brussels, Belgium to meet with other European leaders.

Italy's lower house speaker Gianfranco Fini gestures as he appears as a guest on the RAI television show Porta a Porta (Door to Door) in Rome

Italian Lawmakers Brawl in Parliament During Tense Budget Reforms Talks

The parliament session was suspended for several minutes after the fight.

German Chancellor Merkel and France's President Sarkozy hold a joint briefing at the EU summit in Brussels

Eurozone Leaders Scrambling to Find Solution to Debt Crisis

Chancellor Angela Merkel has asserted that Germany’s future prosperity depends greatly on strong Eurozone partners.

Italy's Prime Minister Silvio Berlusconi

Berlusconi Under Pressure As EU Demands Fiscal Reforms

The NL is a key member of Berlusconi’s ruling coalition government and thus far has not wanted to make many concessions to EU demands for reform.

Incoming ECB Head Gives Eurozone Pre-Summit Boost

The incoming head of the European Central Bank threw the Eurozone a lifeline hours before a crucial summit on Wednesday by signaling the bank would go on buying troubled states' bonds to combat market turmoil.

Traders work at the Bank of America trading post on the floor of the New York Stock Exchange

U.S. Stock Futures Point to Higher Wall Street Open

Stock index futures pointed to a higher open for equities on Wall Street on Wednesday, with futures for the S&P 500, for the Dow Jones and for the Nasdaq 100 up 0.6 to 0.8 percent.

Gold Price up 1% in Asia, Highest Level in More Than a Month

Spot gold rose nearly 1 percent on Wednesday to its highest level in more than a month, as safe-haven demand returned on growing doubts over a resolution to the Eurozone debt crisis ahead of a key European Union summit later in the day.

Traders work in the crude oil and natural gas options pit on the floor of the New York Mercantile Exchange

U.S. Oil Soars to 12-Week High as Brent Spread Deflates

U.S. oil prices shot to a 12-week high on Tuesday in a second day of frenetic spread trading, with dealers racing to claw back a record discount versus Europe's Brent as they gave in to evidence of tightening supplies.

Gold Price Jumps 2.9% to $1,700, Silver Soars 4.5% as Euro Fears Grow

Gold prices soared nearly three percent Tuesday as global investors fled stocks and the euro for safe-haven investments ahead of a critical European economic summit that many think will fail to fix the continent's debt and finance crisis.

Wall Street Down on Europe Fears, Corporate Outlook

Stocks fell on Tuesday after discouraging corporate outlooks cast a pall over the economy's outlook, while fresh doubts arose about European efforts to find a solution to the debt crisis.

Italy Tries to Cope With Rising Tide of Immigration from Africa

With ongoing turmoil in Africa and the Middle East, illegal immigration is becoming an increasingly difficult challenge in Europe.

TSX edges higher as gold rallies

Toronto's main stock index turned higher on Tuesday morning, hitting a one-month peak and reversing steep losses in volatile trade as gold prices rallied following grim U.S. consumer confidence data.

Exclusive: IMF considering participation in EU bailout fund

The International Monetary Fund is considering taking part in a special investment vehicle being proposed by the euro zone bailout fund but has not made a decision yet, euro zone officials said on Tuesday.

Pessimism Over Eurozone Crisis Deepens as EU Finance Ministers Abruptly Cancel Meeting

A lack of steady progress in tacking the debt crisis raised pessimism among investors and the market.

Traders work on the floor of the New York Stock Exchange

Wall St Down on Rising Concerns Over Europe

Stocks fell on Tuesday on news that a meeting by euro zone finance ministers was canceled, adding to doubts about the region's efforts to tackle its debt crisis.

Italy's Northern League Warns Government May Fall

Italian Prime Minister Silvio Berlusconi faced growing pressure Tuesday over European Union demands for economic reforms with his main coalition partner warning the government could fall over the issue.

ECB's Bini Smaghi: Crisis firepower must reflect risks

It would be easier to deal with the euro zone debt crisis if more firepower was available, European Central Bank Executive Board member Lorenzo Bini Smaghi said, calling for a backstop relative to the severity of the current troubles.

Supporters of the Islamist Ennahda movement

Moderate Islamist Party Claims Triumph in Tunisia’s First Post-Revolt Election

Ennahda has vowed it will not establish an Islamic state, but rather a secular, multi-party democracy.

Investors cautious as euro debt summit nears

Uncertainty about just how close European Union leaders will come to solving the euro zone debt crisis kept many markets trading in a tight range on Tuesday.