Tag: Europe

• Friday, June 15th 2012 - 19:20 UTC

  Modest gains in world markets waiting for the Greece’s Sunday election

  

  US stock were modestly higher as optimism over a possible coordinated action by major world central banks if Sunday's Greek election causes financial turmoil was tempered by a weak reading on domestic manufacturing.

• Thursday, June 7th 2012 - 20:19 UTC

  Transparency warns about close links between business and governments leading to corruption in Europe

  

  Anti-corruption group Transparency International warned in a new report released Thursday that the close relationship between business and government has enabled corruption and undermined economic stability in Europe.

• Wednesday, March 21st 2012 - 06:57 UTC

  Schmallenberg disease outbreak in Europe: Uruguay bans import of genetic material

  

  Uruguay’s Ministry of Agriculture, Livestock and Fisheries has imposed a transitory ban on all genetic material imports from Europe following the outbreak of the disease Schmallenberg which attacks bovines, sheep, goats and buffalos.

• Friday, February 3rd 2012 - 19:00 UTC

  China has neither the ability or the intention to ‘buy Europe’ says Wen Jibao

  

  China's Premier Wen Jiabao said on Friday the Asian giant had neither the ability nor the intention to “buy Europe”, amid concerns over growing Chinese investment in debt-stricken Euro zone economies.

• Monday, January 2nd 2012 - 21:48 UTC

  Merkel and Sarkozy prepare for yet another round of Euro-rescue talks

  

  German Chancellor Angela Merkel and French President Nicholas Sarkozy have said they will meet next week to discuss the Euro zone debt crisis. Their first meeting of 2012 comes after all EU countries except the UK agreed to work together on a new treaty to stabilise the Euro zone.

• Tuesday, December 13th 2011 - 06:14 UTC

  Euro zone deal had to be supported by the ECB in its first test

  

  European summit deal to strengthen budget discipline in the Euro zone failed to restore financial market confidence on Monday, forcing the European Central Bank to step in again gingerly.

• Tuesday, November 22nd 2011 - 17:30 UTC

  EU/Latinamerica address bilateral relations and the growing influence of China

  

  European and Latinamerican leaders agreed in Brussels that the two continents should continue to strengthen links in spite of the serious financial and economic situation facing the European Union.

• Monday, November 21st 2011 - 04:16 UTC

  EU members settle for a budget increase of 2%; UK hails it as an ‘excellent deal’

  

  The European Union has been forced to accept a 2% rise in its budget next year, much less than the increase it wanted of around 5%.

• Saturday, October 1st 2011 - 05:36 UTC

  UK worst place to live in Europe for quality of life, says uSwitch.com

  

  The UK is now the worst place to live in Europe for quality of life and overall wellbeing, according to research by comparison site uSwitch.com. The high cost of living and work-driven culture means that Britain now sits at the bottom of a Quality of Life index. Ireland doesn’t come far behind in second place.

• Thursday, September 22nd 2011 - 22:17 UTC

  IMF re-activates resource pool of 571 billion for another six months

  

  The International Monetary Fund re-activated this week a 571 billion dollars resource pool to ensure it has funds to help cover Europe's worsening sovereign-debt crisis. The IMF extended activation of its so-called New Arrangements to Borrow for a six-month period from October.