Ashton: ‘Tymoshenko case will affect EU-Ukraine relations’

Catherine Ashton, the EU’s foreign affairs chief, said on Tuesday in Brussels that the European Union is very disappointed in the verdict of Yulia Tymoshenko, adding that it will have [Read more...]

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Online traders, consumers in Europe to benefit from Reding’s optional EU sales law plan

European Commission Vice President Viviane Reding on Thursday weathered the downpour in Brussels to announce a gift worth more than 26 billion euro to celebrate next year’s 20th anniversary of [Read more...]

Barroso: “We might need a further treaty change”

Speaking in a press conference, European Commission’s president Jose Manuel Barroso said that a “further treaty change” could show the markets and future investors that they are looking for forward [Read more...]

Belgium’s finance minister assures Dexia accountholders

Walking into the meeting of EU finance ministers in Luxembourg on Tuesday, Belgium’s finance minister Didier Reynders commented on the turmoil at French-Belgian bank Dexia and assured accountholders that the [Read more...]

Sweden’s Borg says Greek reform program is off track

Walking into the meeting of EU finance ministers in Luxembourg on Tuesday, Swedish finance minister Anders Borg said he fears that the economic reform of the Greek government is off [Read more...]

Greek finance minister: “Greece is not the scapegoat of the eurozone”

The Greek finance minister, Evangelos Venizelos, told journalists at his arrival in Luxembourg for the Euro group meeting that Greece shouldn’t be “the scapegoat” of the euro area or the [Read more...]

Obama: Euro crisis ‘is scaring the world’

US President Barack Obama said that the financial crisis in Europe is “scaring the world” and that leaders in the euro zone are not dealing with it quickly enough.