Tag: European Union

• Thursday, March 1st 2012 - 04:09 UTC

  European MP calls for end to Argentine aid until it stops threatening Falklands

  

  A several million pounds EU aid program to help Argentina should be halted until the country stops “threatening” Britain over the Falkland Islands, said member of the European parliament Nerj Deva.

• Friday, February 24th 2012 - 07:43 UTC

  EU confirms Euro zone heading for its second recession in three years

  

  The Euro zone's economy is heading into its second recession in just three years, while the wider European Union will stagnate, the EU executive said, warning that the currency area has yet to break its vicious cycle of debt.

• Wednesday, February 15th 2012 - 05:50 UTC

  Brazil and Germany committed to achieve the EU/Mercosur trade agreement

  

  Brazilian Foreign Minister Antonio Patriota and his visiting German counterpart Guido Westerwelle on Monday called for signing a free trade agreement between the European Union and the South American trade bloc Mercosur.

• Tuesday, February 14th 2012 - 20:51 UTC

  New Year or Euro crisis: China’s January exports fall, imports plummet 15.3%

  

  China's exports fell in January the first decline in more than two years, raising fresh concerns about the impact of a global slowdown on its economy. Exports dipped 0.5% from a year earlier hurt by sluggish demand and factories being shut during the Lunar New Year.

• Monday, February 13th 2012 - 20:06 UTC

  “We may be poor but not stupid”, China is not interested in EU government bonds

  

  The head of China’s 410 billion dollars sovereign wealth fund CIC brushed aside a call by German Chancellor Angela Merkel to buy European government debt, saying such investments were “difficult” for long-term investors.

• Monday, February 6th 2012 - 06:46 UTC

  A majority of Germans feel Euro block would be better off without Greece

  

  The majority of Germans feel the Euro currency bloc would be better off if debt-crippled Greece left it, a poll published in mass-selling newspaper Bild am Sonntag showed.

• Tuesday, January 31st 2012 - 05:35 UTC

  Malvinas dispute a ‘bilateral issue’ which is not included in the EU agenda

  

  European Union ambassador in Buenos Aires Alfonso Diez Torres said that the Falklands/Malvinas issue does not figure in the foreign affairs agenda of the EU, it’s a bilateral issue and he does not see any reason to amend the Lisbon treaty to exclude the disputed South Atlantic Islands as demanded by Argentina.

• Friday, January 27th 2012 - 10:55 UTC

  Proposing financial transaction tax now is “simply madness”, says PM Cameron

  

  United Kingdom’s Prime Minister David Cameron urged the European Union to take a “bold and decisive action” to curb the economic crisis hovering over the Euro Zone and also described the plan for a financial transaction tax as “simply madness”.

• Wednesday, January 25th 2012 - 21:07 UTC

  Merkel asks business leaders to give policy makers “needed space” to tackle Euro crisis

  

  German Chancellor Angela Merkel appealed to business leaders at the World Economic Forum to give policy makers the space they need to tackle the debt crisis, pledging that Europe will pull together and restore confidence.

• Wednesday, January 25th 2012 - 20:44 UTC

  Greek “negotiated haircut” may need to be extended to public sector creditors warns Lagarde

  

  Greece's public sector creditors may need to participate in a restructuring of its debt if a haircut negotiated with private sector bondholders is not enough to make Athens' debt sustainable, IMF Managing Director Christine Lagarde said.