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European Union

Berlusconi promises reform amid demands for new govt
Article
/ 1 November 2011

Berlusconi promises reform amid demands for new govt

Prime Minister Silvio Berlusconi has repeated promises of economic reform as Italian bonds come under renewed attack in the eurozone crisis.

By James Mackenzie
Mugabe threatens Swiss properties in Zimbabwe
Article
/ 31 October 2011

Mugabe threatens Swiss properties in Zimbabwe

Robert Mugabe has warned Switzerland he would "reciprocate" after his wife and top officials were denied visas to attend a UN meeting there.

By Staff Reporter
No image available
Article
/ 27 October 2011

Eurozone strikes deal on second Greek package

EU leaders have struck a deal for banks and insurers to accept a 50% loss on their Greek bonds in a bid to try to contain the sovereign debt crisis.

By Staff Reporter
No image available
Article
/ 23 October 2011

Sarkozy backs down on ECB crisis role, progress slow

French President Nicolas Sarkozy faces implacable German opposition to demands to use unlimited European Central Ban funds to fight the debt crisis.

By Julien Toyer and Andreas Rinke
Syrian leader names new governors as protests mount
Article
/ 23 October 2011

Syrian leader names new governors as protests mount

Syria’s under-fire president has appointed two new governors in flashpoint provinces that have seen staunch protests against his regime.

By Staff Reporter
Holding thumbs for a deal: EU leaders continue talks
Article
/ 23 October 2011

Holding thumbs for a deal: EU leaders continue talks

EU leaders are holding talks to try to hammer out a plan for tackling the eurozone debt crisis, but a breakthrough is not expected until Wednesday.

By Jan Strupczewski
No image available
Article
/ 22 October 2011

Europe piles pressure on banks to write off Greek debt

Europe has piled pressure on banks to write off vast Greek debts as leaders struggle to come up with a lasting answer for its credit crisis.

By Staff Reporter
No image available
Article
/ 21 October 2011

EU embarks on job-creation offensive

The European Union will launch plans to invest €50-billion in modernising digital, energy and transport networks and creating jobs.

By David Gow
No image available
Article
/ 17 October 2011

Eurozone faces ‘most critical’ debt crisis week

The eurozone and Greece face their "most critical week" as they battle to reach a solution to the debt crisis, says George Papandreou.

By Staff Reporter
No image available
Article
/ 17 October 2011

The week ahead: Data and debate

The next three weeks are likely to determine the fate of global markets for the remainder of the year, writes <b>Matt Quigley</b>.

By Matt Quigley
Change EU treaty to stabilise bloc: Trichet
Article
/ 16 October 2011

Change EU treaty to stabilise bloc: Trichet

ECB President Jean-Claude Trichet says the EU treaty should be changed to prevent one member state from destabilising the rest of the bloc.

By Staff Reporter
G20 demands eurozone debt solution within weeks
Article
/ 15 October 2011

G20 demands eurozone debt solution within weeks

The world’s leading economies are pressing Europe to act boldly within eight days to resolve the eurozone’s sovereign debt crisis.

By Catherine Bremer and Jan Strupczewski
No image available
Article
/ 15 October 2011

G20 pushes eurozone on debt crisis

The world’s leading economies kept the pressure on Europe to sort out its debt crisis, with the urgency to be expressed at the end of the meeting.

By Jan Strupczewski and Francesca Landini
No image available
Article
/ 11 October 2011

Lenders give lukewarm approval to Greek aid tranche

Troika inspectors gave a lukewarm approval for a vital aid tranche to Greece, saying Athens was lagging on reforms needed to exit its debt crisis.

By Ingrid Melander and Harry Papachristou
Leaders meet on crunch weekend for European banking
Article
/ 8 October 2011

Leaders meet on crunch weekend for European banking

IMF Managing Director Christine Lagarde has held talks in Paris with President Nicolas Sarkozy on a crunch weekend for the European debt crisis.

By Herve Asquin
No image available
Article
/ 7 October 2011

EU, Arab Spring favourites for Nobel peace prize

Arab Spring or EU? Speculation ahead of the Nobel peace prize announcement on Friday is split after cryptic comments by the award committee’s chair.

By Bjoern H Amland
No image available
Article
/ 7 October 2011

EU firm on airline carbon tax

United States airlines are wrong to think that they can force the European Union to back down on plans to make carriers pay for emitting carbon.

By Suzanne Goldenberg
State jobs could be cut during Greek loan talks
Article
/ 1 October 2011

State jobs could be cut during Greek loan talks

Greek officials have held talks with EU and IMF negotiators to free up urgently needed bailout loans.

By Lefteris Papadimas
Rand’s ‘annus volatilis’ set to continue
Article
/ 30 September 2011

Rand’s ‘annus volatilis’ set to continue

The rand, thanks to its volatility in recent days, has quickly become one of the worst performing global currencies.

By Lynley Donnelly
Yemen’s Saleh calls for early elections
Article
/ 25 September 2011

Yemen’s Saleh calls for early elections

Yemeni President Abdullah Ali Saleh has called for early elections in his first speech since returning to Yemen.

By Mohammed Ghobari and Erika Solomon
No image available
Article
/ 25 September 2011

Labour urges Cameron to push for European growth

British opposition leader Ed Miliband has urged Prime Minister David Cameron to show leadership over the international economic crisis.

By Adrian Croft
No image available
Article
/ 19 September 2011

Stocks, euro tumble as default fears mount

World stocks and the euro fell sharply as investors feared a messy Greek default within weeks unless Athens implements the austerity measures demanded

By Natsuko Waki
Frantic moves to avoid Palestinian UN showdown
Article
/ 18 September 2011

Frantic moves to avoid Palestinian UN showdown

US and European powers stepped up a diplomatic scramble on Sunday to avoid a UN showdown on the Palestinian plan to seek full UN membership.

By Staff Reporter
No image available
Article
/ 18 September 2011

Europe digs ever deeper debt hole

Experts say Europe is digging an ever-deeper hole as it vows to resolve the euro zone crisis.

By Roddy Thomson
No image available
Article
/ 17 September 2011

EU ministers see need for stronger banking sector

The EU has agreed that banks must be strengthened after July stress tests found a "systemic" crisis in sovereign debt threatened a credit crunch.

By Staff Reporter
No image available
Article
/ 16 September 2011

EU-SA trade talks shows all is well between parties

At a time when the world is facing very important economic challenges, the EU-SA summit has shown that the parties share excellent relations still.

By Janice Roberts
No image available
Article
/ 16 September 2011

Geithner tells EU to speak as one on eurozone crisis

Timothy Geithner told EU finance ministers to end talk about a eurozone break-up and work with the European Central Bank to fight the debt crisis.

By Annika Breidthardt and Robin Emmott
Zimbabwe, Libya haunt SA-EU trade pact talks
Article
/ 15 September 2011

Zimbabwe, Libya haunt SA-EU trade pact talks

At an SA-EU summit in the Kruger Park there are plenty of pachyderms outside, but Zimbabwe and Libya are the only elephants in the room itself.

By Staff Reporter
No image available
Article
/ 11 September 2011

Greece cutting the fat to stunt growing debt

Greek Finance Minister Evangelos Venizelos has announced budget cuts totalling around €2-billion in exchange for a rescue package.

By Staff Reporter
Greece denies split with auditors amid funding fears
Article
/ 4 September 2011

Greece denies split with auditors amid funding fears

Finance Minister Evangelos Venizelos insists there is no rift with EU and IMF auditors, who say Greece failed to meet conditions to unlock funding.

By Staff Reporter
No image available
Article
/ 3 September 2011

Pressure on al-Assad mounts as EU sanctions target Syrian oil

The EU has imposed a ban on purchases of Syrian oil and expanded the sanctions list to intensify pressure against President Bashar al-Assad.

By Staff Reporter
NTC pledge democracy as they win Gaddafi billions
Africa
/ 3 September 2011

NTC pledge democracy as they win Gaddafi billions

Libya’s new leadership says it is committed to democracy, while it prioritises areas for spending the billions released from Gaddafi’s frozen assets.

By Christian Lowe and Mohammed Abbas
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