Tag: European Union

• Friday, November 4th 2011 - 00:14 UTC

  If Greece leaves the Euro, it must also quit the EU, warns Brussels

  

  If Greece decided to leave the Euro, it would also have to quit the European Union, according to the terms of the EU treaties, the European Commission said on Thursday.

• Friday, October 28th 2011 - 04:42 UTC

  Brazil encouraged by Europe’s plan announcement but wants to look at details

  

  Brazil's government is encouraged by Europe's announcement of a plan to resolve the nagging debt crisis, though more details are needed on the proposal to determine its viability, Brazilian Finance Minister Guido Mantega said Thursday.

• Thursday, October 27th 2011 - 06:05 UTC

  EU leaders reach a deal on Greek debt and boosting bailout fund to 1.4 trillion

  

  European Union leaders announced an agreement early Thursday in Brussels on debt crisis measures including a hard-fought deal with private sector investors to write down Greek bonds by 50%.

• Saturday, October 22nd 2011 - 10:37 UTC

  Hague calls on Tories not to vote for a referendum on UK remaining in the EU

  

  Foreign Secretary William Hague has urged Tory MPs not to vote for a referendum on the UK remaining in the EU, saying it would be a distraction.

• 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.