Spain hit by downgrades amid Greek contagion fears
Today @ 07:27
Spain's economic woes deepened on Thursday as 16 of its banks and four regions were downgraded by Moody's, while statistics confirmed the country is still in recession, just as fears about a Greek euro-exit are running high.
Highlights
Euro fears rise as Greeks withdraw money from banks
16.05.12 @ 17:44
Greeks have withdrawn billions of euros from their banks in recent days, with the country's president warning of "panic" at the prospect of the country leaving the eurozone. Markets are equally jittery, pushing Spain closer to a bail-out.
EU parliament chief puts trust in Ukrainian PM
16.05.12 @ 17:42
EU-Ukraine diplomacy reached new heights of confusion on Wednesday, with an impromptu deal between the EU parliament President and the Ukrainian Prime Minister.
MEPs accuse commission of foul play on EU TV money
16.05.12 @ 09:29
MEPs and the European Commission are embroiled in a nasty dispute over what happened to €8.7 million originally intended for an EU-wide TV station.
European Commission should be EU government, says Germany
17.05.12 @ 09:01
The EU needs to become more integrated with a common finance policy and a central government, German finance minister Wolfgang Schaeuble has said. The UK leader is set to make similar comments on Thursday.
Merkel and Hollande want Greece to stay in euro
16.05.12 @ 09:29
France's newly elected president and the German Chancellor have said they want Greece to remain in the eurozone. But the IMF says an "orderly exit" is a real option.
Member states and MEPs agree battle lines on bank rules
15.05.12 @ 17:37
EU finance ministers have overcome British opposition on new capital rules for banks, setting the scene for talks with MEPs.
Blogs
Malmstrom: Europe "too cowardly" to confront homophobia
15.05.12 @ 18:58
EU home affairs commissioner Malmstrom has said Europe is "too cowardly" to stand up to mounting homophobia.
Juncker slams Greek euro-exit 'propaganda'
15.05.12 @ 09:28
Eurogroup chief Jean-Claude Juncker on Monday lashed out at EU politicians talking "nonsense" about a Greek euro exit, and hinted at possible adjustments in the austerity programme if Greece forms a government.
EU ministers disagree on Ukraine boycott
15.05.12 @ 09:38
Poland and Sweden have questioned the value of a sports boycott on Ukraine, but Austria and Belgium back the idea, while others are waiting for new developments.
Spanish oil company sues Argentina
16.05.12 @ 09:28
The Spanish oil and gas giant Repsol-YPF filed a lawsuit against Argentina at a US district court in Manhattan on Tuesday for nationalising its majority-owned stake in the energy company YPF.
EU takes aim at Israeli settlement products
15.05.12 @ 09:22
EU foreign ministers have "warned" Israel they will take a tougher approach to exports originating from illegal settlements on Palestinian land.
Brinkmanship rhetoric hides cost of Greek euro exit
14.05.12 @ 17:00
Within the space of one week, EU politicians have begun talking in a matter-of-fact way about Greece's exit from the eurozone, but analysts say this would involve upheaval far beyond what the casual statements imply.
News in Brief
- Turkey accuses Israel of violating northern Cyprus airspace
- No fiscal treaty without growth pact, says French finance minister
- French ministers kick off job with 30% wage cut
- ECB should do more to help ailing countries, says Cameron
- ECB turns taps off to four Greek banks
- ECB ups security during Frankfurt demonstrations
- EU and Turkey set to revive talks over membership
- EU parliament chief to visit Greece
- Head of EU's Greece 'task force' attacked
- Judge appointed caretaker PM in Greece
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Innovation
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- Innovation
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Belarus
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Latest news
- Spain hit by downgrades amid Greek contagion fears@ 07:27
- FocusSurvey reveals most software pirates are young and male17'th @ 09:02
- European Commission should be EU government, says Germany17'th @ 09:01
- Euro fears rise as Greeks withdraw money from banks16'th @ 17:44
- Greece struggling to manage asylum seekers16'th @ 17:42
- EU parliament chief puts trust in Ukrainian PM16'th @ 17:42
- Tax commissioner lets rip against Austria and Luxembourg16'th @ 09:36
- MEPs accuse commission of foul play on EU TV money16'th @ 09:29
- Merkel and Hollande want Greece to stay in euro16'th @ 09:29
- Spanish oil company sues Argentina16'th @ 09:28
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