Aug 17th, 2012
VIENNA/HELSINKI (Reuters) – Smaller euro zone countries that have retained top credit ratings through the region’s crisis squabbled on Friday over whether struggling nations like Greece that threaten the currency union’s stability should be kicked out.
Top Austrian and Finnish politicians insisted they were committed to keeping the union intact after ministers from junior coalition parties said...
Jul 16th, 2012
WASHINGTON – The International Monetary Fund (IMF) has slightly reduced its outlook for global growth over the next two years, warning that the financial crisis in Europe and a slower expansion in China and India have weakened the global economy.
On Monday the IMF said on expect a growth in the global economy by 3.5 percent this year, according to a quarterly review of its prospects. In April, the agency...
Jul 4th, 2012
The European Parliament voted against the ratification of the Anti-Counterfeiting Trade Agreement (ACTA) stiffer penalties for violating copyright, told RIA Novosti a Parliament spokesman.
Previously, the European Commission had asked the highest court of the European Union to decide on the conformity of the agreement in question to EU documents, including the principles of the European Charter of Fundamental...
Jun 12th, 2012
The European Football Union has asked the host cities in Poland and Ukraine to take all necessary measures, including an increased police presence to prevent racist behavior during training teams participating in Euro 2012.
The request, which also suggests that offenders are prosecuted, follows the monkey chants for Dutch players during a training session open to the public in Krakow, Poland, last week.
UEFA said to...
May 24th, 2012
Informal summit meeting in Brussels, the heads of state of the 27 member countries of the European Union said it was essential that Greece remains in the euro area.
“Today, the European Council sent a clear message to Greece: we want it to remain in the euro area, we support it, and obviously we expect that Greece meets itscommitments,” said European Commission...
May 16th, 2012
The Spanish Prime Minister Mario Rajoy believes that Greece’s exit from euro area would be a “big mistake” and invites the EU to defend all the European currency.
“The departure of Greece in the euro area would be a great mistake, because the euro is a basic project uniting Europe”, told Mr Rajoy reporters after an intervention the Congress of Deputies (lower house of parliament...
May 15th, 2012
Francois Hollande officially became president of the French Republic, announced the president of the Constitutional Council, Jean-Louis Debre.
“From today you impersonate France, symbolize the values of the Republic and represent all French people,” solemnly stated Jean-Louis Debre, chair of France‘s Constitutional Court.
Hollande was awarded the French Order of the Legion of Honour and signed an...
May 7th, 2012
BERLIN – On Monday the daughter of former Ukrainian Prime Minister Yulia Tymoshenko met in Berlin, the German Minister of Justice to discuss the case of his mother imprisoned in Ukraine.
Friday examined by German doctors in the prison of Kharkiv (eastern Ukraine), Ms. Tymoshenko was sentenced in October 2011 to seven years in prison for abuse of power in negotiating a contract to import Russian natural gas in...
