Topic: Brussels
How a host of divisions caused a seemingly unending string of setbacks to a deal for a new Greek bailout. First of three parts.By Luke Baker, Paul Taylor and Dina KyriakidouBRUSSELS (Reuters) - Greek Finance Minister Evangelos Venizelos came into office offering ...
BRUSSELS (Reuters) - European banks have already received 420 billion euros in funds to help recapitalize and are in a much better shape than three years ago, the European Commission said on Friday."The recapitalization of European banks is something that is ongoing, ...
BRUSSELS (Reuters) - European Council President Herman Van Rompuy has convened an emergency meeting of top EU officials for Monday morning to discuss efforts to assemble a second rescue package for Greece and growing concerns about market pressure on Italy, three EU ...
BRUSSELS (Reuters) - Jean-Claude Trichet scotched speculation on Thursday that the European Central Bank may delay interest rate rises because of Greece's plight and the contagion threat it poses, saying the bank was in "strong vigilance" mode."The current monetary policy is accommodative ...
DUBLIN (Reuters) - Allied Irish Banks' junior bondholders will have to take a big hit in a future restructuring, the European Commission warned on Tuesday as it rubber-stamped billions of euros in state aid for Irish banks.Brussels' threat triggered a fall in ...
EU leaders agree to change treaty to protect euro but refuse to boost current bailout fundEuropean Union leaders are changing the treaty that underpins the bloc to make room for a huge new rescue system for countries that get into debt trouble ...
Brussels will say in November if it is to extend support for troubled European banks, but will move more quickly on the troubled Anglo Irish Bank, the EU's competition commissioner said Saturday."We are now starting the analysis on what to do beyond ...
Spanish unions Tuesday set September 29 as the date for a general strike to protest a government plan aimed at overhauling the labour market and easing fears in financial markets over the fragile economy.The date coincides with a European "day of action" ...
Europe's financial services chief called on Friday for "credible" banking controls to be imposed from Brussels, warning a resistant industry it was unacceptable for taxpayers to pick up the tab for their errors."If we get to the point, which we're not at ...
European Union finance ministers agreed on Wednesday a compromise deal for pan-European oversight of banks, insurers and markets, a diplomatic source said. "The ministers have reached an agreement," overcoming strong reservations from Britain, fearful that supervision of the powerful City of London ...
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