European Union governments have agreed to ban imports of Iranian oil as part of a Western campaign to pressure Iran over its controversial nuclear program. EU diplomats said Wednesday the governments of the 27-nation bloc agreed in principle on an Ir...
Finance ministers from the 17-nation eurozone are holding another set of talks Tuesday and Wednesday on salvaging their common currency, amid more grim financial news. New governments in Greece and Italy, two of Europe's most financially troubled cou...
Key European leaders pledged at a meeting with U.S. President Barack Obama Monday that they will push for closer economic integration of the 17-nation eurozone to help resolve the continent's burgeoning debt crisis. European Council President Herman...
BRUSSELS, Nov. 23 (Xinhua) -- European Commission chief on Wednesday firmly defended the proposals for jointly issuing Stability Bonds, otherwise known as eurobonds. The bonds are an example of reinforced governance, of a strong will to live together...
The European Union has sparked controversy by deciding not to release a documentary on women prisoners in Afghanistan. Exploring the phenomenon of moral crimes, the film underscores the harsh realities facing Afghan women, despite legislation to prot...
ATHENS, Oct. 27 (Xinhua) -- A new deal reached early Thursday at the European Union summit in Brussels to tackle the Greek debt crisis and avert contagion across the eurozone was met with mixed reactions in Greece. Opposition political parties, media...
EU finance ministers meeting in Brussels to discuss how to stabilize banks faced with massive losses related to Greek debt, bailout fund European Union finance ministers are meeting in Brussels to hammer out details on how to stabilize banks faced wi...
BRUSSELS, Oct. 7 (Xinhua) --- The European Commission on Friday gave the green light to Microsoft's acquisition of voice and video communication provider Skype, thus removing the last hurdle in the process. According to a statement released by the Co...
As diplomats scramble to avert a Palestinian request for full United Nations recognition this week, the European Union remains deeply divided on the issue. Analysts say the differences may undermine Europe's efforts to play a meaningful role in the M...
European leaders may hold another crisis summit on the struggling eurozone as early as Friday. The euro currency area is experiencing another grim week - and America's own debt problems only add to the uncertainty. More bleak news for 17-nation euroz...
