Top News
India may bar Europe carriers in climate tax row
India said it may stop European carriers from flying into the country if the EU bans airlines from the South Asian nation that boycott the EU's new emissions fee system.
Ireland set to approve EU treaty in referendum: poll
Irish voters look set to back the European Union fiscal pact in a May 31 referendum, with 39 per cent set to vote Yes, according to an opinion poll to be published on Saturday.
Greece must respect reform pledges to stay in euro: PM
Greece must respect its reform pledges to keep its place in the eurozone, caretaker prime minister Panagiotis Pikrammenos said after meetings with European leaders in Brussels.
EU takes Argentina trade fight to WTO
The European Union launched a challenge at the World Trade Organization Friday against Argentine import restrictions, escalating a trade war triggered when Buenos Aires seized Spanish oil assets.
EU mulls wine label allergen alerts
European winegrowers may soon be required to state on labels if the wine contains potentially allergenic traces of egg or milk, a European Commission source said Thursday.
Doctors group warns EU health care access shrinking
Access to health care is declining in Europe, and Greece in particular faces a humanitarian crisis as it cuts health and social spending, aid group Doctors of the World warned Thursday.
Eurozone strains intensify as 'massive shock' looms
Eurozone tensions have intensified after grim news on the economic outlook and as investors sought safety in Germany on growing doubts over Greece's future in the currency union.
Eurozone suffers worst PMI downturn in 3 years
Eurozone private sector activity suffered its worst monthly slide in nearly three years in May, a survey shows, which analysts say indicates it is locked in a dismal downturn.
EU vows to keep Greece in the fold but plans for exit
European Union leaders pledged support for Greece on Thursday, vowing to keep the country in the eurozone as officials prepared behind the scenes for a possible doomsday exit scenario.
France, Germany in EU summit showdown
France and Germany crossed swords Wednesday over how to spur growth in the debt-stricken eurozone at an EU summit tinged by plunging markets and the euro hitting a near two-year low.
France, Germany in EU summit showdown
France and Germany opened an EU summit Wednesday on a collision course over how to spur growth in the debt-stricken eurozone, as markets plunged and the euro hit a near two-year low.
European Parliament approves contested financial tax
The European Parliament has adopted by a strong majority proposals on a French-inspired financial transaction tax (FTT) which has been bitterly opposed by Britain.
Eurozone states admit contingency plans for Greek euro exit
Eurozone countries have admitted they are examining likely costs and possible complications arising from a potential exit for Greece..
Leaders debate crisis solutions at EU summit
Europe's leaders are expected to shift their focus from austerity to growth at a summit Wednesday amid accelerating worries over Greece's eurozone future and Spain's troubled banks.
Bulgaria warned over quake response
Europe's Disaster Commissioner told Bulgaria it needs to boost its preparations to deal with emergencies after a 5.8 magnitude earthquake triggered panic among sleeping residents.
Italy sharply reduces trade deficit
Italy reported on Wednesday a big cut in its trade deficit with countries outside the European Union in April to 904 million euros from 2.516 billion euros in April of last year.
EU leaders open eurobonds debate at 'growth' summit
Euro leaders have promised a no-holds-barred debate at an EU summit Wednesday on whether to guarantee each others' borrowings in future, seen as essential if Greece ends up exiting the single currency.
Latvia launches veggie offensive against Brussels
Latvian authorities have sprouted a green thumb planting vegetables in flower beds outside government offices in Riga as part of a push for higher EU farm subsidies.
Portugal begins EU-IMF bailout review
Portugal has begun a new review of its EUR 78 bn bailout programme with the IMF and EU, with a minister saying no changes were planned despite rising tensions around Greece.
Intensifying euro crisis main risk to global growth: OECD
The intensifying eurozone crisis poses the most serious risk to the muted recovery in the global economy, with the United States and Japan set for modest growth, the OECD said Tuesday.