European Union

Iran's President Mahmud Ahmadinejad
Traders work on the floor of the New York Stock Exchange
A pedestrian walks past an electronic stock indicator in the window of a securities company in Tokyo
German lawmakers cast their votes on the EU fiscal pact and permanent European Stability Mechanism (ESM) bailout fund
German Chancellor Angela Merkel addresses German lawmakers
German lawmakers cast their votes on the EU fiscal pact and permanent European Stability Mechanism (ESM) bailout fund
An Iranian man shops in a grocery in Tehran in 2010
An Iranian trader exchanges a gold coin for cash in Tehran in January 2012
IRAN-RUSSIA-NUCLEAR-POLITICS
Iranians buy fish at Tajrish Bazaar in Tehran in January 2012
A woman wears a t-shirt reading "Stop evictions" as she takes part in a demonstration
Peopole  take part in a demonstration against the European Union and Spanish government bailout of Bankia
German Chancellor Angela Merkel addresses German lawmakers
British Prime Minister David Cameron leaves after a second day of the European Union leaders summit in Brussels
A trader looks at screens showing stock exchange share index at French inter-dealer broker Aurel BGC in Paris
Angela Merkel
A trader looks at screens showing stock exchange share index at French inter-dealer broker Aurel BGC in Paris
Brent North Sea crude for delivery in August jumped $2.06 to $92.64 a barrel nearing midday in London
Angela Merkel
A trader looks at screens showing stock exchange share index at French inter-dealer broker Aurel BGC in Paris

Italy set for decision on new government

Italy's President Giorgio Napolitano said he will hand out a mandate for the formation of a new government on Friday in a bid to break a deadlock created by elections last month, but the identity of the possible prime minister is still a mystery.
 

Cyprus MPs study bailout 'Plan B' as meltdown looms

Cyprus is scrambling to overhaul its banking sector to avoid financial meltdown, after the European Central Bank threatened to pull the plug on emergency funding for the island's lenders.
 

Cyprus' Sarris leaves Russia without deal

Cypriot Finance Minister Michalis Sarris left Moscow on Friday after two days of talks aimed at securing a financial lifeline from Russia without reaching an agreement.
 

Singapore denies being haven for Malaysian tax cheats

Singapore on Friday strongly rejected a whistleblower's allegation that its banks facilitate massive tax evasion by a powerful family in neighbouring Malaysia's Sarawak state.
 

Cyprus launches banking overhaul as meltdown looms

Cyprus is scrambling to overhaul its banking sector to avoid financial meltdown, after the European Central Bank threatened to pull the plug on emergency funding for the island's lenders.
 

Italy says will send marines back to India for trial

Italy said two marines on trial for murder in India would return to the country by Friday, a stunning turnaround after Rome earlier unleashed a diplomatic furore by saying they would not go back.
 

Canada hopes economy picks up to balance budget by 2015

Canada's Tory government pegged a return to a balanced budget and its re-election hopes in 2015 on a strong rebound in the economy on Thursday, after being dealt an unexpected slump in recent months.
 

S&P cuts Cyprus rating as banking meltdown looms

Ratings firm Standard & Poor's dealt a further blow to reeling Cyprus Thursday, cutting its credit rating as the eurozone country struggles to avoid a banking sector meltdown.
 

Obama in direct appeal to young Israelis on peace

In a powerful direct appeal to Israelis, President Barack Obama Thursday insisted a two-state peace with the Palestinians could still be forged and was their only hope of true security.
 

S&P cuts Cyprus rating one notch to 'CCC'

Ratings firm Standard & Poor's cut troubled Cyprus' sovereign credit rating by one notch on Thursday citing "acute problems" in Cyprus's banking sector.
 

Jailed Kurdish rebel leader calls ceasefire with Turkey

Jailed Kurdish rebel chief Abdullah Ocalan called Thursday for a new ceasefire, telling his fighters to lay down their arms and withdraw from Turkish soil, raising hopes for an end to a three-decade conflict that has cost tens of thousands of lives.
 

Italy says will send its marines back to India for trial

Italy said two marines on trial for murder in India would return to the country by Friday, in a stunning turnaround after Rome earlier unleashed a diplomatic furore by saying they would not go back.
 

Overhaul of Cyprus banks on cards as meltdown looms

Cyprus Thursday was examining an overhaul of its banking sector to avoid financial meltdown after the European Central Bank threatened to pull the plug on emergency funding for the island's banks.
 

UN creates expert mission to boost Mali rights

The United Nations will appoint an independent expert to investigate and help improve the human rights situation in war-torn Mali, the UN Human Rights Council decided Thursday.
 

Cyprus brinksmanship could spin out of control: analysts

As the EU raised the spectre of a eurozone exit for Cyprus, experts warned on Thursday of the consequences of brinksmanship from Brussels to Moscow in the race to fix new bailout terms.
 

UN to launch probe into N.Korea rights abuses

The United Nations on Thursday said it will for the first time establish a commission of inquiry into grave human rights violations in North Korea that may amount to crimes against humanity.
 

Myanmar must launch probe into rights abuses: UN body

Myanmar must launch an independent investigation into reports of widespread human rights violations, the United Nations' top human rights body said Thursday.
 

Iran leader hints at first direct US nuclear talks

Iran's supreme leader on Thursday signalled openness for the first time to US offers to hold direct talks on his country's disputed nuclear drive, but voiced pessimism over the chances of a breakthrough.
 

European stocks retreat on disappointing data, Cyprus

European stock markets slid Thursday as disappointing eurozone data and the Cyprus bailout impasse overshadowed strong Chinese economic performance.
 

Closure fears spark run on Cyprus Popular Bank

Anxious Cypriots queued outside Popular Bank ATM machines on Thursday to withdraw their cash as fears rose that the country's banking meltdown will mean its second largest bank closes for good.
 

Facts from the Wikipedia page:

Circle of 12 gold stars on a blue background.
Flag
MottoUnited in diversity[1]
AnthemOde to Joy[1] (orchestral)
An orthographic projection of the world, highlighting the European Union and its Member States (green).
Political centresBrussels
Luxembourg
Strasbourg
Official languages
DemonymEuropean[2]
Members
Leaders
 - CommissionJosé Manuel Barroso (EPP)
 - Council of MinistersCecilia Malmström (Sweden)
 - European CouncilHerman Van Rompuy
(EPP)
 - ParliamentJerzy Buzek (EPP)
Establishment
 - Paris Treaty18 April 1951 
 - Rome Treaty25 March 1957 
 - Maastricht Treaty7 February 1992 
 - Lisbon Treaty13 December 2007 
Area
 - Total4,324,782 km2 
1,669,807 sq mi 
 - Water (%)3.08
Population
 - 2009 estimate499,794,855 
 - Density114/km2 
289/sq mi
GDP (PPP)2008 (IMF) estimate
 - Total$15.247 trillion 
 - Per capita$30,513 
GDP (nominal)2008 (IMF) estimate
 - Total$18.394 trillion 
 - Per capita$36,812 
Gini (2009)30.7 (EU25)[3] (High) 
HDI (2007)0.937 (High) 
Currency
Time zone(UTC+0 to +2)
 - Summer (DST) (UTC+1 to +3[4])
Internet TLD.eu[5]
Website
europa.eu
Calling codeSee list