Developments in Spain and Portugal demand urgent attention.
Germany’s plan to install a commissioner in Athens with veto powers over the Greek budget has been dismissed as "laughable".
The process has been hijacked by a
self-serving troika that has ignored the people.
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/ 26 January 2012
Israel’s defence minister Ehud Barak warns tougher sanctions are needed against Iran despite the unprecedented oil embargo agreed by the EU this week.
The EU has formally adopted an oil embargo and central bank asset freeze against Iran to pressure it into resuming talks on its nuclear programme.
Hopes of a deal between Greece and creditors in time for Monday’s eurozone meeting have been dashed amid increased pressure to accept bigger losses.
EU regulators will decide by March whether to file an antitrust complaint against Google, potentially ending the squabble sooner than expected.
Greece expects further protests as international creditors arrive to begin crucial talks on plans to write off some of the country’s debts.
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/ 11 January 2012
Only half the EU’s nations have complied with a law to eliminate cramped cages of hens — a flop seen as a metaphor for Europe’s state of disarray.
An already frail economy will come under more pressure when the EU ban comes into effect.
Will markets begin 2012 with a bang or a whimper? <b>Matt Quigley</b> looks at the economic week ahead.
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/ 21 December 2011
If eurozone countries continue to pursue misguided policies, social movements will gain steam and the EU will unravel.
The European Union has slammed the results of the DRC’s "deplorable" elections, which handed President Joseph Kabila another five-year term in office.
The United Kingdom’s Nick Clegg has spent the weekend trying to rekindle relationships with other European countries after a disagreement at the EU.
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/ 11 December 2011
The UK’s deputy prime minister has exposed coalition tensions in Europe after saying he was disappointed by the outcome of the European Union summit.
European leaders have agreed to join their fiscal fortunes in order to stop a crippling debt crisis, save the euro currency and prevent further chaos.
EU climate commissioner Connie Hedegaard has stepped up warnings that if major economies do not compromise, a Durban deal may be out of reach.
A confidential paper, circulated by European Council president Herman Van Rompuy, proposes empowering the commission to impose austerity measures.
China says it will commit to a binding agreement on climate change, even as calls grow for the US to stop hindering negotiations and leave the talks.
The UN climate talks enter their second week amid a tangled high-level stand-off and violent clashes between protesters and official COP17 volunteers.
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/ 5 December 2011
Hopes are high that European leaders may finally agree on a plan to address the continent’s debt crisis at a make-or-break gathering on Friday.
The EU is headed for Rome for talks as the Italian treasury launches a €10-billion bond sale to try to stem the nation’s debt crisis.
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/ 24 November 2011
Portugal’s workers have gone on strike in protest against harsh austerity measures imposed on the country for a bailout from the EU and IMF.
Europe has started down a road to far-reaching legal changes that would see the EU police budgets before they pass domestic lawmakers.
The EU has agreed in principle to sanction some Iranian companies, adding to measures on suspicions that Iran is developing nuclear weapons.
Libya’s interim leader says the country won’t turn into an extremist Islamic country, adding a new government of experts will be completed next week.
Italian Prime Minister Silvio Berlusconi is set to resign after a parliamentary revolt and a wave of market panic that has shaken the eurozone.
Under pressure from the EU to push through a bailout to save their country, Greek party leaders were struggling to agree on a new prime minister.
Greek Prime Minister George Papandreou faces a confidence vote with the fate of the nation’s EU/IMF bailout deal in the balance.
Greece’s government has backed out of a proposed referendum on staying in the euro, while European leaders moot Greek exit from the eurozone currency.
Emerging giants are pressuring EU countries at the G20 to solve their debt crisis, with Beijing dangling $100-billion in rescue funds.
European leaders summoned Greece’s prime minister to the French Riviera to restore calm ahead of a G20 summit after his shock call for a vote.