Result Page 120 for European union news & latest pictures from ibtimes.com

Japan to join Hague Convention on child custody

In a significant step taken by Japanese lawmakers, Japan has decided to join the child-custody agreement, the Wall Street Journal reported on Friday.

Dominique Strauss-Kahn offers to resign, race for successor on

It is confirmed that Dominique Strauss-Kahn has announced his resignation from as the International Monetary Fund (IMF) Chariman. He is amidst sexual assault charges and a growing pressure of doubt in his ability to run the organization. A resignation letter from Strauss-Kahn to the IMF board described his denial to the allegations and hopes of protecting the institution.

Cephalon Investor Meeting Takeaways on Acquisiton by Teva: Analyst

RBC Capital Markets hosted an investor meeting with Cephalon Inc.'s (NASDAQ: CEPH) chief financial officer Wilco Groenhuysen and chief marketing officer Lesley Russell. The brokerage listed out key takeaways regarding the proposed acquisition of Cephalon by Teva Pharmaceutical Industries Ltd. (NASDAQ: TEVA).

U.S slaps sanctions on Assad

The United States has slapped sanctions on President Bashar al-Assad for the violation of human rights, reported Reuters on Wednesday.

More news

Need for monetary stimulus fading: ECB's Stark

The broadening euro zone recovery means the need for economic or monetary stimulus is fading, European Central Bank policymaker Juergen Stark said on Wednesday, adding there needs to be a realization that a euro zone bail out is forbidden.

IBT Staff Reporter May 18, 2011

Soft restructuring for Greece not on cards: Nowotny

A soft restructuring of Greece's sovereign debt is not on the cards, European Central Bank Governing Council member Ewald Nowotny told Austrian radio, insisting Greece take the lead on shoring up its finances.

IBT Staff Reporter May 17, 2011

Highlights: Comments after euro zone finance ministers meet

Euro zone finance ministers approved a 78 billion euro ($110 billion) bailout for Portugal but as a condition of the deal insisted that Lisbon ask private bondholders to maintain their exposure to its debt.

IBT Staff Reporter May 16, 2011

Gold Price Steady, Silver Drops 4%

U.S. Dollar Gold Prices continued on Monday morning where they'd left off on Friday, zigzagging around $1495 while global stock markets fell along with major industrial commodities oil and copper.

IBT Staff Reporter May 16, 2011

Strauss-Kahn’s arrest and absence looms over key Euro Zone Meeting in Brussels

The meeting of euro zone finance ministers and other luminaries in Brussels, Belgium has been rocked by the arrest of International Monetary Fund (IMF) managing director Dominique Strauss-Kahn over the weekend in New York on sexual assault charges.

Palash Ghosh May 16, 2011

Debt restructuring won't help Greece: ECB's Stark

Restructuring Greece's sovereign debt would pose potentially incalculable risks to the overall euro zone and will not solve the country's fiscal crisis, a senior European Central Bank official said on Friday.

IBT Staff Reporter May 13, 2011

Dark days in Lisbon: Portugal sinks into recession

The Portuguese economy contracted for the second straight quarter, placing the debt-strapped country into another recession as the Lisbon government anxiously seeks to reduce spending and increase taxes.

Palash Ghosh May 13, 2011

EU decides to temporarily terminate Schengen policy, restrict free travel

The European Union (EU) has decided to stop its free travel policy across the continent in the midst of fears of migrants fleeing Africa due to the unrest.

Shankar besta May 13, 2011

Greece falling short of rescue terms: ECB's Nowotny

Greece seems not to have met terms of its international rescue package recently, European Central Bank Governing Council member Ewald Nowotny was quoted as saying on Friday.

IBT Staff Reporter May 13, 2011

EU seeks end to mobile roaming price shock: sources

The European Commission will propose legislation in coming weeks to bring EU mobile phone roaming charges further into line with national tariffs, EU sources told Reuters Thursday.

IBT Staff Reporter May 12, 2011

What now for euro, as the Greek debt crisis worsens?

As the Greek debt crisis continues to worsen, the euro looks poised to slip further.

Hao Li May 12, 2011

IMF urges joint action over euro zone crisis

The International Monetary Fund urged broad-based action to combat the euro zone debt crisis, saying it was ready to give Greece more aid and asking the European Central Bank to tread carefully in hiking interest rates.

IBT Staff Reporter May 12, 2011

Greek unions take to the streets anti-austerity strike

Public services have been halted including trains, ferries and flights have been disrupted by the protests in Athens on Wednesday morning.

Nagesh Narayana May 12, 2011

Price to Buy Gold Hits 1-Week High, Silver Regains 1/3rd of 30% Plunge

Gold rallied to one-week highs at $1526 per ounce in Wednesday morning trade - a gain of 4.3% from last Friday's low - before falling back as world stock markets also cut their rally. Silver has now regained a third of its losses since falling over 30% from a 31-year peak of $48.70 at the end of April.

IBT Staff Reporter May 11, 2011

Strikes against austerity program brings Greece to standstill

Greece has been brought to a standstill by a massive strike called by labor unions to protest to government’s austerity programs.

Palash Ghosh May 11, 2011

Libyans turn to illegal fishing, greens blame it on unrest

Due to the current unrest in Libya there will not be an effective monitoring and enforcement of the fishery in its waters, it will risk an internationally agreed recovery plan for the severely overfished species. There are reports that several Libyan vessels, legally unauthorized to fish for bluefin, have left from European ports in France (Sète) and Malta.

Nagesh Narayana May 11, 2011

Greek unions plan massive nationwide rally to protest government austerity one year after EU bailout

Greek labor unions, students and others are planning massive a nationwide rally and general strike for tomorrow to protest the government’s austerity budget and deep spending cuts, as well as the imposition of European Union (EU) and International Monetary Fund (IMF) onto the country’s affairs.

Palash Ghosh May 10, 2011

ECB's Nowotny backs longer Greek aid repayment

A Greek debt restructuring would have dire consequences, ECB policymakers warned, with one suggesting the bank would be unlikely to help the euro zone recover from the shock by delaying interest rate hikes.

IBT Staff Reporter May 10, 2011

Xoma Could Initiate Pivotal Behcet’s Trial by Year-End 2011: Analyst

RBC Capital Markets said Xoma Ltd. (NASDAQ: XOMA) continues to make steady albeit measured progress toward initiating a pivotal trial in Behcet’s disease, which could begin by year-end 2011, pending regulatory feedback.

Balasubramanyam Seshan May 10, 2011

Morning Digest on Arab Unrest

The European Union has imposed an arms ban on Syria, besides a freeze and visa ban on 13 top Syrian officials, including the brother of President Bashar al-Assad. Fifty-four Somalis trying to escape Libya are feared dead after an overcrowded boat with hundreds aboard capsized off the coast of Tripoli.

Nagesh Narayana May 10, 2011