Tag: European Union

• Thursday, July 1st 2010 - 07:22 UTC

  Latinamerica, one of the very few benefiting from Spain’s EU presidency

  

  Spain's ambitious six-month presidency of the EU was eclipsed by the European debt crisis which thrust the country's fragile economy into the global spotlight and weakened the Spanish government, analysts said.

• Wednesday, June 30th 2010 - 06:32 UTC

  EU/Mercosur talks must go “beyond tariffs and subsidies”

  

  The association agreement between the European Union and Mercosur has to go “beyond tariffs and subsidies”, said Brazilian president addressing businessmen from Brazil and a visiting Italian delegation headed by Prime Minister Silvio Berlusconi.

• Monday, June 28th 2010 - 22:19 UTC

  Greece wants Mercosur/EU talks conditioned to end of Argentine trade barriers

  

  On the eve of the resumption of European Union/Mercosur trade talks, the EU has again complained about Argentina’s ‘protectionist’ measures on some EU agriculture produce and Greece is demanding discussions be conditioned to an end to barriers.

• Thursday, June 24th 2010 - 06:07 UTC

  G-20 summit: EU wants timetable to scrap stimuli; US warns recovery is still weak

  

  The European Union (EU) has urged the G20 club of nations to agree when to scrap their economic support packages. The EU said a coordinated exit from stimulus measures would help restore confidence and reduce the risk that some countries would be disadvantaged.

• Thursday, June 24th 2010 - 02:27 UTC

  Soros warns that Germany’s policies threaten the Euro and European Union

  

  Germany's budget savings policy risks destroying the European project and a collapse of the Euro cannot be ruled out, billionaire investor George Soros said in a newspaper interview.

• Tuesday, May 18th 2010 - 22:02 UTC

  Britain’s stance on the Falklands a “mistake”; UN resolutions must be complied

  

  Argentine president Cristina Fernandez de Kirchner said that Britain’s stance of declaring sovereignty over the Falklands/Malvinas sovereignty “non-negotiable” is a “mistake” dictated by “unilateral practices” that have created insecurity in the world.

• Saturday, May 15th 2010 - 04:49 UTC

  World Stock Markets Plunge and Euro Falls to 18-Month Low

  

  World stock markets plunge Friday and the Euro hit an 18-month low against the dollar, on growing fears that the austerity packages unveiled across Europe could tip the continent back into recession and stifle global economic recovery.

• Saturday, May 15th 2010 - 04:44 UTC

  Brazil Furious with Argentine “Scare Practices” Threatens Trade Retaliation

  

  Brazil is seriously considering retaliation against Argentina for new rules restricting food imports which allegedly compete directly with Argentine production. EU ambassadors in Buenos Aires made a similar presentation before the Argentine congress earlier this week.

• Saturday, May 15th 2010 - 04:39 UTC

  Volcker Fears Potential Disintegration of the Euro, Without Common Fiscal Policy

  

  Former Federal Reserve chairman and advisor of the Obama administration is concerned that the Euro area may break up after the Greek fiscal crisis that sparked an unprecedented bailout by the region’s members.

• Saturday, May 15th 2010 - 04:37 UTC

  IMF Warns Developed Countries on “Urgent” Need to Cut Budget Deficits

  

  The International Monetary Fund has warned developed nations they face an “urgent” need to cut their budget deficits. Its warning comes as a slew of European countries face public unrest over their attempts to do just that.