Tag: European Union

• Friday, October 21st 2011 - 08:35 UTC

  In Uruguay we have learnt to bury the old economic paradigms, says Mujica

  

  Uruguay’s strategy is to attract foreign private investors and offer the necessary guarantees to develop their business, said President Jose Mujica in a brief summary of his ten day European visit of four countries and the headquarters of the European Union in Brussels.

• Thursday, October 20th 2011 - 21:22 UTC

  European Union remains split on how to strengthen Euro zone bailout fund

  

  The European Union has agreed that around 100 billion Euros is needed to recapitalise the European banking system, but splits remain before a high-profile summit on Sunday over how to strengthen the Euro zone's bailout fund.

• Wednesday, October 19th 2011 - 16:48 UTC

  China’s economic expansion slowed down in third quarter; fears of Euro crisis impact

  

  China's economic expansion slowed during the third quarter of the year as government measures to control inflation hurt growth. China's economy grew by 9.1% in the three months to the end of September from a year earlier, down from 9.5% in the previous quarter.

• Thursday, October 6th 2011 - 01:55 UTC

  “Mercosur won’t destroy European agriculture”, says EU business lobby

  

  The head of Business-Europe International Relations said Wednesday that a free trade agreement between the European Union and Mercosur “would not destroy European agriculture” in spite of fears from farmers.

• Tuesday, October 4th 2011 - 20:24 UTC

  Brazil and EU call for concerted action to face current international situation

  

  Brazil and the European Union must take concerted action to calm markets fearful of global contagion spreading from Europe's debt crisis, leaders from both sides said on Tuesday.

• Tuesday, October 4th 2011 - 20:00 UTC

  Greek striking public sector workers blockade ministries and paralyze Athens

  

  Greece’s striking public sector workers blockaded the entrance to several ministries in Athens on the second anniversary of the ruling Socialist party's election victory, disrupting talks with EU and IMF inspectors on the next aid tranche.

• Monday, October 3rd 2011 - 21:43 UTC

  Overly restrictive fiscal measures unlikely to solve EU crisis, warns Rousseff

  

  Overly restrictive fiscal measures are unlikely to solve the European Union's debt crisis, Brazilian President Dilma Rousseff said on Monday in Brussels in the sidelines of the V strategic meeting between the European Union and Brazil.

• Tuesday, September 20th 2011 - 22:00 UTC

  Beijing says financial aid to Euro zone has ‘no preconditions’

  

  Beijing's plan to provide financial aid to the European Union is not contingent on Europe supporting a proposal that could protect China from trade sanctions, a Commerce Ministry spokesman said on Tuesday.

• Wednesday, September 14th 2011 - 06:43 UTC

  BRICS countries preparing aid package in support of the European Union

  

  Brazil, Russia, India, China and South Africa, which make up the so-called BRICS group, will meet in Washington next week to discuss how to help the European Union avert a full-blown financial crisis as Greece veers toward default on its debt, Brazilian Finance Minister Guido Mantega said Tuesday.

• Thursday, August 25th 2011 - 06:13 UTC

  Growing dissent in German government over ECB purchase of sovereign bonds

  

  The German president has fueled concerns of a split in Chancellor Angela Merkel's Christian Democrats after he criticized a move by the European Central Bank to resume buying Italian and Spanish sovereign bonds.