US-EU plans to join forces via a free-trade agreement are taking on shape. During his Berlin visit, US Secretary of State John Kerry described the planned pact as a priority for President Barack Obama's second term and marked out the agreement as a key element in cementing transatlantic ties.
European governments signaled a willingness to relent on Greece’s austerity measures as leaders turn from an election victory by Greek bailout proponents to focus on safeguarding the other 98% of the Euro economy
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.
The European Commission’s request for a 5% hike in member states’ contributions in the next EU budget met immediate resistance from big countries such as Germany, France and Britain yesterday.
The Fukushima syndrome hit hard in Germany for Chancellor Angela Merkel's ruling coalition that suffered bruising losses in two state legislative elections Sunday, losing control of the main prize, Baden-Wuerttemberg state.