EU ministers to mull budget rules, seek a Mr Euro
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EU finance ministers gather in the Netherlands Friday for informal talks likely dominated by efforts to agree on reforms to the long-strained budget rules underpinning the euro.
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Three months after ruling himself out as a potential European Commission president, the Prime Minister of Luxembourg, Jean-Claude Juncker, is about to emerge as "Mr Euro", the new figurehead for the EU's single ...
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In its first meeting, the next EU Commission set its priorities for the five-year term starting in November. It&#39;s policies will promote the economy, but its budget line could put it on a crash course with Berlin.
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European Union finance ministers said yesterday that Europe and the US must both act to stem the euroâs rise against the US dollar.
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The European Union&#39;s top monetary official said Tuesday he was concerned over Italian budget deficit figures, only a week after Greece was challenged over alleged sloppy bookkeeping and possible underreporting of its deficit to present a rosy economic
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The European Union&#39;s economy commissioner said in a newspaper interview Friday the bloc is worried about the low level of the dollar against the euro.
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With interest rates on hold, Thursday's European Central Bank meeting will draw scrutiny for President Jean-Claude Trichet's remarks on the euro amid speculation that the bank may intervene in currency markets to halt its rapid climb.
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Euro zone finance ministers on Tuesday stepped up pressure on the United States to show its strong dollar policy was more than just rhetoric, asking
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Joaquin Almun a, EU monetary affairs commissioner, is expected to recommend lifting the threat of sanctions against the eurozone's two biggest economies next Tuesday.
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Euro zone finance ministers on Tuesday  stepped up pressure on the United States to show its strong  dollar policy was more than just rhetoric, asking it to slash  budget and trade deficits that undermine the dollar.
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The worldâs leading finance ministers called Friday for a joint effort to set up guidelines for government-owned investment funds.
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European finance ministers have urged the US to revive the dollar, which stands near record lows against the euro, or wreak further damage on eurozone growth prospects.
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Defenders of financial rigour in the European Union attacked German calls for a radical dilution of the eurozone's budget rules at a lively meeting of EU finance chiefs.
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The European Central Bank and European finance ministers are unhappy with the Euro&#39;s surge. To this end, they vowed to closely monitoring exchange rate swings.
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The European Parliament is set to hold a debate as it prepares to decide the fate of the incoming commission.
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EU finance ministers have called on the United States to do more to halt the steep fall of the dollar against the euro and other currencies.
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European Union finance ministers wrestled with a proposal to overhaul an ineffective set of budget rules, but faced with lingering differences they postponed concrete action until January at the earliest.