EU Politics
Dollar climbs on renewed worries over Greece
Mar 18, 2010 16:33 EDT
Dollar climbs as Greece warns it will ask for IMF help if EU fails to offer bailout plan. The dollar rose Thursday as Greece warned that it will be forced to turn to the International Monetary Fund if the European Union can't agree to a bailout plan.
Greece urges EU aid, but Germany 'open' to IMF appeal
Mar 18, 2010 15:54 EDT
Greece warned Thursday it could turn to the IMF for help unless European leaders offered financial aid next week, as doubts over plans to rescue Athens from its debt crisis rocked the euro.
Greece ups stakes in quest for EU help
Mar 18, 2010 14:58 EDT
BRUSSELS/ATHENS (Reuters) - Greece raised the stakes on Thursday in its quest for EU help to tackle its debt crisis, saying it cannot achieve promised deficit cuts if its borrowing costs remain so high and may have to call in the IMF.
Greece ups stakes in quest for EU help
Mar 18, 2010 14:58 EDT
BRUSSELS/ATHENS (Reuters) - Greece raised the stakes on Thursday in its quest for EU help to tackle its debt crisis, saying it cannot achieve promised deficit cuts if its borrowing costs remain so high and may have to call in the IMF.
Holocaust survivor Veil joins French 'immortals'
Mar 18, 2010 12:54 EDT
Simone Veil, an Auschwitz survivor and the first elected president of the European parliament, on Thursday joined the Academie Francaise, the elite intellectual guardians of the French language.
Greece urges EU aid, but Germany 'open' to IMF appeal
Mar 18, 2010 12:52 EDT
Greece warned on Thursday it could call on the IMF for help unless European leaders offered financial aid next week, with Germany now appearing "open" to the idea as the Greek debt crisis hit the euro.
Greece: Will ask for IMF help if EU fails
Mar 18, 2010 12:30 EDT
Greek prime minister warns he will seek IMF help if EU can't agree bailout plan next week. Greece warned Thursday that it will be forced to turn to the International Monetary Fund if the EU can't agree to a bailout plan next week that will help reduce its market borrowing rates.
Business events scheduled for Friday
Mar 18, 2010 12:22 EDT
Calendar of major business events scheduled for Friday. Major business events and economic events scheduled for Friday:
Bulgaria parliament bans GMO crops to soothe fears
Mar 18, 2010 12:14 EDT
SOFIA (Reuters) - Bulgaria's parliament voted on Thursday to tighten a law that effectively banned cultivation of genetically modified (GM) crops for scientific and commercial reasons in response to public fears.
Euro sinks on Greek concerns
Mar 18, 2010 11:50 EDT
The euro sank against the dollar on Thursday on persistent worries over the Greek debt crisis after Athens warned again that it could appeal to the International Monetary Fund for aid if none is forthcoming from its eurozone partners.
'Natural' for Greece to keep options open: EU aide
Mar 18, 2010 11:42 EDT
The European Commission said on Thursday it was "natural, logical and prudent" for Greece to keep all options open as Athens considers the possibility of going to the IMF.
Strikes in Greece over proposed tax law overhaul
Mar 18, 2010 08:39 EDT
Greek taxi drivers, gas station owners strike over draft tax law; unemployment jumps. Greek unemployment rose to 10.3 percent in the fourth quarter of 2009, the country's statistics agency said Thursday ? the highest since 2005 and the largest jump in 11 years.
Greek PM warns could resort to IMF
Mar 18, 2010 06:23 EDT
Greek Prime Minister George Papandreou on Thursday warned Greece may be forced to resort to IMF aid and rejected a German call to expel eurozone nations in serious breach of fiscal rules.
Euro sinks on Greek concerns
Mar 18, 2010 06:12 EDT
The euro sank against the dollar on Thursday on stubborn worries over the Greek debt crisis after the nation warned again that it could appeal for aid to the International Monetary Fund.
Europe shames its major powers over debts
Mar 17, 2010 16:22 EDT
The European Union Wednesday accused its major powers of running away from bulging government deficits, as Greece said it could still seek IMF help if European backing did not ease its debt crisis.
Greek premier refuses to rule out IMF appeal
Mar 17, 2010 14:59 EDT
Greek Prime Minister George Papandreou on Wednesday refused to rule out an appeal for aid to the IMF, if European backing is insufficient to resolve its debt crisis.
EU urges Georgia not to aggravate Russia tensions
Mar 17, 2010 14:32 EDT
BRUSSELS (Reuters) - The European Union has urged Georgia's government to avoid exacerbating regional tensions after a Georgian television station broadcast a fake news report about Russian forces heading for the capital Tbilisi.
Serbia wants 'neutral' Kosovo status at Balkans-EU summit
Mar 17, 2010 14:05 EDT
Serbia on Wednesday said the status of Kosovo, which broke free from Belgrade in 2008, should be presented in a neutral way at international meets such as the EU-Balkans summit this weekend.
Europe shames its major powers over debts
Mar 17, 2010 13:32 EDT
The European Union accused its major powers on Wednesday of running away from bulging government deficits, after Germany warned that repeat eurozone offenders deserve expulsion from the bloc.
Europe hammers deficit bingers
Mar 17, 2010 12:27 EDT
Europe took a hard line with EU members over soaring government debt levels on Wednesday, while Germany upped the pressure by saying rule-breakers should be kicked out of the eurozone.
