Mandelson warns EU to reform economy or fall
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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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The European Union's bid to become the world's most competitive economy will remain a distant vision so long as its 25 member states undertake reforms at a &quot;snail's pace&quot;, one of Britain's top business leaders was to warn.
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Incoming European Union trade commissioner Peter Mandelson criticized the United States on Monday for failing to stick to bilateral talks to resolve a dispute over government aid to aircraft builders Boeing Co. and Airbus SAS.
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Business & money: Finance chiefs from the G7 warn the global economy will slow down as a result of US mortgage crisis
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Weak growth in the 25-member European Union bloc is endangering the global economy, Britain's Chancellor of the Exchequer Gordon Brown warned in a newspaper article.
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The recent financial markets chaos which plagued banking group Northern Rock could put the brakes on Britain&#39;s economic growth, the OECD research institute warned Thursday.
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EU trade chief Peter Mandelson wants clarification of the US stance in threatened WTO action over aid to Airbus, his spokeswoman said Friday after a US official indicated Washington was delaying such action.
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Peter Mandelson has risked reopening splits with Gordon Brown by warning against "exaggerated gloating" over Labour's economic success.
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Incoming European Commission President Jose Manuel Barroso warned the European Parliament on Tuesday that it would throw the European Union into an unprecedented crisis if it rejects his 24-member team.
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Signs of shaky economies in France and Germany have sharpened worries about Europe's less-than-robust recovery &#151; and underscored the struggle to shake up regulation-clogged economies in countries that use the euro.
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The EU is in danger of being relegated from the economic super-league because of its failure to match the US and Asia in growth, productivity, innovation and competitiveness, a high-level report warned political leaders yesterday on the eve of their
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LONDON : Europe&#39;s efforts to catch up to and then outpace the US economy have been &quot;a big failure,&quot; the outgoing head of the European Union executive commission, Romano Prodi, told the Financial Times in an interview.
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Peter Mandelson, the incoming EU trade commissioner, yesterday found himself at the centre of a transatlantic trade war over multi-billion dollar subsidies to Airbus and Boeing, the civil aircraft manufacturers.
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Tony Blair will fight to keep Peter Mandelson as Europe&#39;s trade commissioner when leaders gather in Rome today to discuss the crisis gripping the European Union.
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The OECD warns the UK economy may slow because of the credit crunch, forcing the Bank of England to cut rates.
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The European Union warned Friday a reintroduction of a state of emergency by Fiji&#39;s military regime could break undertakings on which hundreds of millions of dollars in EU aid depend.
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The European Central Bank's president called on banks Wednesday to disclose how much they could lose in the wake of a financial crisis that has tightened credit conditions.