The recent spike in oil prices and the related threat to the EU's economic recovery has blown more routine matters from the agenda of euro zone finance ministers who gather today (1 June) in Luxembourg.
The price of a barrel of crude oil has risen to above 40 dollars, driven higher by threats of instability in oil producing middle eastern countries. Suspected Al-Qaeda attacks in the world's biggest oil producer, Saudi Arabia, over the we...
Back our independent journalism by becoming a supporting member
Already a member? Login here