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JOINT DEBT IN EU
European Union's public debt to be on unsustainable path without action, IMF saysEuropean Union nations face significant financial challenges in defence, energy, and pensions over the next 15 years. The International Mon...
EU lawmakers back blockbuster $2.3-trillion long-term budgetThe European Parliament has backed a larger EU budget for 2028-2034, proposing new taxes on digital giants and online gambling to fund a 10...
War, not peace: The unlikely engine of Europe's economic revivalAn era-defining week in geopolitics has heightened hopes for Europe's economic growth, driven not by peace but by significant military rear...
Ukraine: EU leaders to agree to set up reconstruction fund, details still vague"A Ukraine reconstruction platform should be set up, bringing together the Ukrainian government, Member States, the European Union as well ...
EU leaders to make room for more spending over Ukraine, no new joint debt seenLeaders of the 27-nation EU meet in Versailles, near Paris, to discuss more defence spending after Moscow's invasion of Ukraine, Kyiv's bid...
The next 'safe' asset? EU joint bond markets spring to lifeThe EU market, with just 54 billion euros outstanding at the start of this year, is expected to grow exponentially in coming years to fund ...
EU leaders to take step to joint financing of post-pandemic recoveryMany leaders see the massive joint recovery financing as a crucial tool of EU solidarity as some in the 27-nation bloc will have a harder t...
EU welcomes Indian participation for its proposed connectivity projects worth 60 bn Euros“The EU is working on a proposal worth 60 billion euros for seven years for connectivity initiatives and would welcome suggestions from Ind...
India-EU summit signals progress but no big resultsThe 14th summit on October 6 has moved the India-EU relationship geopolitically and economically in the right direction, but without specta...
- Angela Merkel set for confrontation with other EU leaders over bonds
Merkel is heading for a confrontation with her other European counterparts as she dashed hopes for an agreement to share debt liability by ...
- Germany rebuffs bank union plan to reshape the euro; says too little emphasis on controlling budgets
European proposals to reshape the crisis-struck euro area ran into criticism from Germany for putting too much emphasis on debt-sharing.
- EU leaders agree on a strategy to deal with eurozone debt
European Union leaders have reached an agreement on the broad outline of a comprehensive strategy to resolve the euro-zone debt crisis.
- EU official urges easing in Greek repayment schedule
EU Economics Affairs Commissioner Olli Rehn backed a delay for Greece in the repayment of its 110-billion-euro rescue loan.
- Europe divided over bonds, bailout fund boost
Divisions emerged over a call to launch joint eurozone bonds as finance ministers opened talks with IMF amid calls to boost their bailout w...
- Reform of yuan, fiscal stimulus to continue: China
China will continue with the reform of its currency, the yuan (also known as the renminbi), and keep its fiscal stimulus in place for now, ...
- 'Rapid progress' on Greek bailout talks: EU
Talks on putting in place emergency aid for Greece are making "rapid progress," the European Commission said. Greece will never pay us back...
- Europe searches for way out of debt crisis
Financial mkts are betting heavily that Greece's crushing debt could drag down entire eurozone. Check out the top gainers, losers and recom...
- Europe searches for way out of debt crisis
Financial markets are betting heavily that Greece's crushing debt could drag down the entire eurozone, and that could force reluctant EU le...
- EU doubles crisis fund to euro50 billion
The European Union doubled a bailout fund for member states in trouble to euro50 billion.
- EU says euro area to shrink by 4 percent this year
The European Union said on Monday that Europe is suffering ``a deep and widespread recession'' and that unemployment will rise sharply over...