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Greece to stay in euro - Barroso

European Commission chief Jose Manuel Barroso tells MEPs that Greece will stay in the eurozone but warns the EU is facing its "greatest challenge".

 

EU to urge U.S., Japan to act on public deficits at G20

The European Union will call on China this week to boost domestic demand and on the United States and Japan to tackle their public deficits as part of global efforts to rebalance growth, an EU document showed.

 

EU bans imports of Syrian oil over crackdown

EU bans imports of Syrian oil over crackdown

The European Union on Friday imposed an embargo on oil imports from Syria as security forces in the country surrounded mosques in rebellious cities to prevent worshippers from pouring into the streets for anti-government rallies.

 

EU to unfreeze Libya assets once UN approves - Houston Chronicle

The European Union's foreign policy chief says the 27-nation bloc is preparing to unfreeze Libyan assets quickly once the United Nations gives its approval. Catherine Ashton said Tuesday that Libya's transitional administration will ...

 

EU Approves List Of 20 New Syria Sanctions Targets - Wall Street Journal

The European Union has approved the list of 15 additional Syrian individuals and five new entities who will be targeted by an asset freeze, a travel and arms embargo, a person familiar ...

 

NYSE Profit Falls; Merger on Track

The top executive of NYSE Euronext said a critical European Union review of the company's agreed-upon tie-up with Deutsche Börse will likely result in conditions being placed on the combined company, rather than an outright block of the deal.

 

EU calls emergency meeting as debt crisis stalks Italy

EU calls emergency meeting as debt crisis stalks Italy

European Council President Herman Van Rompuy has called an emergency meeting of top officials dealing with the euro zone debt crisis for Monday morning, reelecting concern that the crisis could spread to Italy, the region's third largest economy.

 

EU sending $14.5M in food aid to North Korea

The European Union said Monday it will restart food aid to North Korea after the country's repressive communist regime agreed to an unprecedented monitoring system as it suffers through its worst food crisis in years.

 

Greece Secures Second Bailout

Greece Secures Second Bailout

Greece has secured a second bailout from the European Union and the International Monetary Fund, and it too will be on the order of €110 billion, Prime Minister George Papandreou said.

 

Greek prime minister offers to step down amid power-sharing talks and protests

Greek Prime Minister George Papandreou offered on Wednesday to step down and make way for a national unity government provided it supported EU/IMF bailout plans, government sources said.

 

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