EU chief says reforms must not undermine euro credibility
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European Commission President Jose Manuel Barroso said on Tuesday that the reforms of the Stability and Growth Pact should not undermine the euro's credibility.
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Incoming European Commission President Jose Manuel Barroso says he will make changes in his proposed commission, one day after withdrawing his slate in the face of a likely European Parliament veto.
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There are a number of risks to the  inflationary outlook, European Central Bank President  Jean-Claude Trichet said on Tuesday in remarks that signaled  the ECB is likely to keep to its slight bias toward eventually  raising interest rates.
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PRAGUE- The Czech National Bank today warned against euro adoption without the completion of key economic reforms.
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The head of the Euro Group of finance ministers said Friday that the European Union's banking system is strong enough to ride out the global liquidity crisis sparked by the collapse of the U.S. subprime mortgage market.
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Europe must show a &quot;determined, unwavering pursuit of economic reform&quot; or risk endangering its status as a &quot;global economic leader&quot;, EU trade commissioner designate Peter Mandelson warned.
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Hungary must pursue tough economic reforms to prepare for the euro without unduly providing ammunition to hostile extremists, Prime Minister Ferenc Gyurcsany has told AFP in an interview.
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The European Central Bank should not raise rates above 4%, the chief economist of a German research body says.
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European Commission President Jose Manuel Barroso said on Thursday that Turkey must show it is willing to meet EU demands in its membership talks, denying Brussels wanted to drive it from the negotiating table.
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One of the European Union's chief architects has warned against the danger of over-expansion as it prepares to decide next month on starting entry negotiations with Turkey.
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German Chancellor Gerhard Schroeder, saying the euro&#39;s gains against the dollar are ``worrying,&#39;&#39; called for changes to European Union budget rules to give governments more leeway on spending.
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An EU commissioner said that EU leaders intend to keep their word over Turkey's entry into the European Union.
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European Central Bank President Jean-Claude Trichet on Sunday brushed off French criticism of the ECB, saying that sticking to its job of ensuring price stability was the best way to promote growth and jobs.
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European Central Bank (ECB) Governing Council member Christian Noyer said in an interview released on Sunday euro zone growth might be weaker than hoped as a result of market turmoil but he saw no "big setback".
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The European Union official in charge of enlargement says the EU decision on membership talks with Turkey will take into account that country&#39;s progress in implementing reforms.
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The European Union told Italy, France and Germany &#151; the three biggest economies in the euro area &#151; Wednesday to do more to bring their budgets in balance as required by the rules of Europe's single currency.
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European Commission President Jose Manuel Barroso warns EU states not to block talks on a new treaty.