European leaders have warned Greeks that rejecting creditors' proposals in a snap referendum called for Sunday would mean leaving the Euro. German Vice Chancellor Sigmar Gabriel said the vote would be “yes or no to the Euro zone”.
Scottish National Party (SNP) leader Nicola Sturgeon confirmed on Tuesday that Scotland does not want to leave the European Union (EU) when the referendum over the UK permanence within the block takes place.
Prime Minister David Cameron's Conservatives won a stunning victory in Britain's election on Friday, which cut short the careers of his top three rivals and put the country's European Union future in doubt.
After months of political wrangling over the appointment to the European Commission, Jean Claude Juncker and his team officially replaced his predecessor, Jose Manuel Barroso, and his Commission on Saturday. The first vice president, former Dutch Foreign Minister Frans Timmermans, is to serve as Juncker's right-hand man.
The incoming head of the European Commission, Jean-Claude Juncker, unveiled an EU executive team on Wednesday that handed key economic responsibilities to French and British commissioners but overseen by others in a new-look hierarchy.
The president of the European Commission (EC), Jose Manuel Durao Barroso, called on Friday for concluding negotiations and finalizing a free trade agreement between the European Union and Mercosur, which includes Brazil, Argentina, Paraguay, Uruguay and Venezuela.
Germany’s candidate, Luxembourg’s Jean-Claude Juncker was elected on Tuesday President of the European Commission by a strong majority of 422 votes in the European Parliament plenary session. After being proposed as candidate for Commission President by the European Council on 27 June 2014, Juncker needed a majority of 376 votes in the European Parliament.
German Chancellor Angela Merkel has said she wants former Luxembourg Prime Minister Jean-Claude Juncker to become the next EU Commission president. But some European leaders have voiced opposition to the move, including the British government who argue that Mr. Juncker is too much of an EU federalist and called for a lengthy process to find consensus.
Dutch Finance Minister Jeroen Dijsselbloem has been elected as the new head of the Euro-group, replacing the outgoing Jean-Claude Juncker. The 46 year-old, who has been head of the Dutch Finance Ministry for two months, was expected to take over.
Spain on Monday formally requested Euro zone rescue loans to recapitalise its debt-laden banks as the Euro and shares fell on investor scepticism about this week's EU summit.