The euro zone's top economic officials pressed China on Sunday to let the yuan resume its rise but said they were not counting on immediate results.
The euro zone does not risk the sort of debt problems plaguing Dubai, senior European Union officials said on Sunday.
The yuan's link to the dollar is problematic for some sectors in the European economy, European Commission President Jose Manuel Barroso said on Sunday, ahead of a summit with Chinese leaders.
A gradual, orderly rise in the yuan against all major floating currencies is in the interest both of China and of the world economy, senior euro zone officials said on Sunday.
The euro zone does not risk the sort of debt problems plaguing Dubai, senior European Union officials said on Sunday.
Finnish liberal Olli Rehn will oversee efforts to revive Europe's economy and France's Michel Barnier will have an important role reforming financial services in the new European Commission unveiled on Friday.
European Commission President Jose Manuel Barroso unveiled the EU executive's new line-up on Friday, handing Finn Olli Rehn a key role overseeing monetary affairs as part of efforts to revive the European Union economy.
Leading euro zone officials expect no immediate results from talks in China this weekend to push for an appreciation of the yuan, euro zone sources said. We are reasonable enough to understand that two months is not feasible, and we are determined enough to convey the message that two years is too long, one of the sources said of European views on when the yuan should be allowed to rise.
The next European Commission, the powerful regulatory arm of the European Union, should be in place by the end of January, Commission President Jose Manuel Barroso said on Tuesday.
The dollar fell broadly on Monday after dovish comments from a U.S. Federal Reserve official added weight to expectations that U.S. monetary policy would stay ultra-loose for a prolonged period.
Herman Van Rompuy's appointment as the first European Union president provoked fears in Turkey that he might hinder Ankara's hopes of joining the bloc, with some media declaring outright that he is anti-Turkish.
European Union leaders named Belgian Prime Minister Herman Van Rompuy, who is little known outside his own country, as the bloc's first president on Thursday to lead efforts to make it more influential on the world stage.
Banks risk becoming addicted to cheap central bank cash used to fight the financial crisis and must prepare for its eventual withdrawal, the head of the ECB warned at a Frankfurt banking conference on Friday.
European Union leaders named Belgian Prime Minister Herman Van Rompuy, a man little known outside his home country, as the bloc's first president on Thursday to lead efforts to make it more influential on the world stage.
Belgian Prime Minister Herman Van Rompuy was on course on Thursday to become the European Union's president and Briton Catherine Ashton to become its foreign affairs chief, EU officials said
Top euro zone officials will urge China this month to move towards a more flexible exchange rate policy but it will not be easy to introduce change soon, EU Monetary Affairs Commissioner Joaquin Almunia said on Thursday.
The European Union's Swedish presidency urged Russia on Wednesday to do more to combat climate change and discussed Russian energy supplies to Europe, which could be threatened by a dispute with Ukraine.
European regulators on Tuesday urged the United States and Europe to push through measures agreed by the G20 nations aimed at avoiding future financial crises, saying transatlantic relations were at risk if the effort flagged.
EU antitrust authorities continue to examine Oracle's plan to buy Sun Microsystems over which there are competition concerns, a senior European Commission official said on Tuesday.
Bank-to-bank dollar funding costs fell on Tuesday with the benchmark rate hitting yet another record low as central banks signalled they were in no hurry to unwind extraordinary stimulus measures
Sales at U.S. retailers rose more than expected in October as consumers bought more motor vehicles and other goods, but the previous month's figures were revised sharply downward, a government report showed on Monday.
Sales at U.S. retailers rose more than expected in October as consumers bought more motor vehicles and other goods, but the previous month's figures were revised sharply downward, a government report showed on Monday.
