If the citizens of many European countries could vote for whether the European Union should remain as the region's central alliance, it might disappear. The data from Pew shows how ... Read Full Story »
U.K. Prime Minister David Cameron prevailed in his determination to reduce the European Union’s (EU) seven-year project budget, the first time in the 27-member group’s history that the project budget ... Read Full Story »
In a long-running dispute over subsidies paid to aircraft makers, the European Union (EU) today sought permission from the World Trade Organization (WTO) to impose $12 billion in tariffs on ... Read Full Story »
The European Union’s statistical agency, Eurostat, has released its report for April’s EU industrial production. Among the 17 members of the Eurozone, production fell -0.8% compared with March production, and ... Read Full Story »
Some Eurozone officials are reported to be considering delaying tomorrow’s scheduled €5.2 billion payment to Greece that is part of the €130 billion bailout package sealed by the EU, the ... Read Full Story »
Finland may destroy a Greek bailout deal, which demonstrates how one of the smallest nations in Europe can hold the region's financial health hostage. This opens the question once again ... Read Full Story »
The economy in the EU region will not get better for years because it can't. Eurostat reports that unemployment in June among people under 25 was 20.3% in the euro-area. ... Read Full Story »
Updated throughout the day The EU is at work on a second bailout of Greece (Reuters) VW may make a formal offer for MAN (Reuters) Hedge fund manager David Einhorn ... Read Full Story »
A US-style stimulus may be all that is between defaults of the sovereign debt of Greece, Portugal, and Ireland. It is a plan which is extremely unlikely to be undertaken, ... Read Full Story »
The EU will not be able to hold the restructuring line at Greece. Greece was always expected to be the problem child among the EU nations that needed bailouts or ... Read Full Story »
The fear of a contagion among EU nations which need or want bailouts has changed over the past few days to a concern about how one default could trigger many ... Read Full Story »
The Organisation for Economic Co-operation and Development issued its Euro Area Economic Report. Some of its recommendations were harsh, particularly about punishing financially weak EU nations that cannot balance their budgets. ... Read Full Story »
Updated throughout the day. Ireland's banks will get loans from the IMF and EU. (Reuters) Glencore may have an IPO next years (Reuters) Research In Motion (NASDAQ: RIMM) has sold ... Read Full Story »
The balance of power in Europe is simple. Germany is the largest nation by GDP. It is also the healthiest economy in the region, driven by intelligent industrial and labor ... Read Full Story »
Ireland announced that its budget deficit will rise to 32% of GDP, a number which is nearly unimaginable. It would be the equivalent to a $5 trillion annual deficit in ... Read Full Story »