Greek lawmakers to vote on austerity amid strikes
Nov 06, 2012 22:04 EST
Greek lawmakers vote Wednesday on austerity measures needed to unlock international aid and stave off bankruptcy despite strikes and public anger against billions more euros in tax hikes and pension cuts.
Greece warns on grim economic outlook as EU says no debt deal yet
Oct 31, 2012 15:46 EDT
Greece unveiled a tough new austerity budget on Wednesday, sparking a call for a 48-hour general strike, as the EU said there was still work to be done before the recession-hit country can access loan funds needed to stave off bankruptcy.
Greeks protest against new taxes with ice and pig posters
Oct 31, 2012 14:09 EDT
After Molotov cocktails, slices of marble and oranges, Greek protesters have found new ways, in the shape of ice and pig posters, to demonstrate against austerity and the effects of the debt crisis.
Greece warns on grim economic outlook
Oct 31, 2012 12:03 EDT
Greece unveiled a tough new austerity budget on Wednesday, sparking a call for 48-hour general strike, as the EU said there was still work to be done before the recession-hit country can access loan funds needed to stave off bankruptcy.
Greek union calls strike for November 6-7
Oct 31, 2012 09:13 EDT
Greece's main union on Wednesday called a 48-hour general strike for November 6-7 in protest at a new wave of austerity measures unveiled by the government in order to unlock EU-IMF bailout loans.
Spain unions call general strike November 14
Oct 19, 2012 15:20 EDT
Spain's labour unions Friday called a general strike for November 14, the second such blanket action this year against the government's biting austerity measures.
Oil prices trade mixed
Oct 19, 2012 07:26 EDT
Oil prices were mixed on Friday following recent volatility and as investors awaited the final outcome of an EU summit on tackling its debt crisis, traders said.
EU leaders tackle growth after bank compromise
Oct 19, 2012 05:58 EDT
EU leaders tackled Friday boosting jobs and growth to mend some of the damage caused by austerity policies, after France and Germany reached a compromise deal on bank supervision key to easing the bloc's crisis.
EU eyes bloc-wide bank watchdog next year
Oct 19, 2012 03:24 EDT
EU leaders Friday agreed to bring banks under bloc-wide supervision next year, but failed to pin down an exact date -- dashing hopes of a quick move towards a full banking union.
EU vows banking union in 2013 amid Franco-German spat
Oct 18, 2012 23:04 EDT
EU leaders vowed Friday to set up a banking union during the course of 2013 after a Franco-German spat held up agreement on exactly when this vital crisis-fighting tool might come into force.
EU clinches bank deal amid Franco-German spat
Oct 18, 2012 19:18 EDT
EU leaders Thursday vowed to set up a banking union during the course of 2013 after a Franco-German spat held up agreement on exactly when this vital crisis-fighting tool might come into force.
Franco-German bank spat overshadows EU summit
Oct 18, 2012 16:10 EDT
A spat between European powerhouses Germany and France over the best way to end the three-year debt crisis threatened to mar an EU summit Thursday, as anti-austerity protests claimed one life in Greece.
Merkel, Hollande differ sharply at EU summit
Oct 18, 2012 14:14 EDT
EU leaders began a summit meeting Thursday amid sharp French and German differences over how to tackle the bloc's crisis and as anger over fresh spending cuts boiled over with violent protests in Greece.
Clashes at Greek protest ahead of EU summit
Oct 18, 2012 14:07 EDT
Greek riot police fired tear gas at protesters on the sidelines of a large anti-austerity rally in Athens during a national general strike as EU leaders prepared to tackle the eurozone crisis at a summit in Brussels.
One dead in Athens protest ahead of EU summit
Oct 18, 2012 09:55 EDT
One man died Thursday at an anti-austerity rally in Athens held during a national general strike as EU leaders were to tackle the eurozone crisis at a summit in Brussels.
Clashes at Athens protest ahead of EU summit
Oct 18, 2012 08:14 EDT
Greek riot police on Thursday fired tear gas to disperse protesters at an anti-austerity rally in Athens held during a national general strike as EU leaders were to tackle the eurozone crisis at a summit in Brussels.
Strike to shut down Greece as EU leaders meet
Oct 18, 2012 02:49 EDT
Greece braced for a crippling general strike against austerity on Thursday, as EU leaders were to tackle the eurozone's ongoing economic crisis at a summit.
Nobel for EU praised in European, not British, press
Oct 13, 2012 01:41 EDT
European newspapers on Saturday praised the decision to award this year's Nobel Peace Prize to the EU, with the notable exception of the British press, most of which poured scorn on the decision.
Nobel for EU earns derision from British press
Oct 12, 2012 22:46 EDT
British newspapers poured scorn Saturday on the award of the Nobel Peace Prize to the European Union, reflecting economic angst and the country's ambivalence towards its neighbours on "the continent".
Greek unions call anti-austerity general strike
Oct 10, 2012 08:42 EDT
Greece's two trade union confederations have called a 24-hour general strike on October 18, the second in less than a month, to protest at austerity measures, as European Union leaders meet, a union source said Wednesday.