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Greece and EU

Greece Approves Cuts in Pensions and Health Care

Greece has approved pension and health care cuts as part of the reforms agreed in return for the 130 billion euro ($171 billion) bailout deal approved by the Eurozone.
Greece

Greek Parliament Approves Cuts in Health Spending

The Greek parliament approved an extension of pharmacy opening hours and cuts to drug spending Thursday as part of a package of healthcare reforms agreed in return for last week's 130 billion euro international bailout deal.
Angela Merkel and Chinese Premier Wen Jiabao

Will China Help to Alleviate the Euro zone Debt Crisis?

China's engagement in resolving the euro zone debt crisis has been a topic of contention. High-profile Chinese leaders, such as Vice Premier Wen Jiabao and Vice President Xi Jinping, have reassured the European countries that China would invest in alleviating the debt. However, a financial plan has yet to be communicated.
Rates of pancreatic cancer are rising among both men and women in the EU: the study predicted a rise from 7.86 cases per 100,000 men in 2007 to 8.01 in 2012, and from 5.24 to 5.38 per 100,000 women.

Cancer May Kill 1.3 Million EU Citizens in 2012

Almost 1.3 million people will die of cancer in the European Union this year, but death rates from the disease are on a steady decline, according to new research released on Wednesday.
Apple iPad 3 Invitation

iPad 3 Release March 7: Can Proview Dispute Stop Tech Juggernaut from Launching New Tablet?

Apple has its feet firmly on the ground though Proview is trying to drag the tech giant into the quicksand with the iPad trademark dispute which is brewing in China, and now in the U.S. The Cupertino-based company announced Tuesday that it will hold a special event on March 7 at Yerba Buena Center for the Art in San Francisco. The media invite for the event, which will kick off at 1pm ET, read, “We have something you really have to see. And touch.” The invite shows the bottom of a device, which...
Ireland's Prime Minister Enda Kenny addresses the media following the Invest In Ireland forum at New York University, in New York

Ireland Will Hold Referendum on European Fiscal Treaty

Ireland will hold a referendum of its people on the European Union's new fiscal treaty, the first poll test of public opinion on the anticipated tighter budget discipline in the 17-country euro zone.
Banco Santander SA

Santander, KBC to Merge Polish Units

Spain's Banco Santander, the biggest lender in the euro zone by market capitalization, said Tuesday that it will take over Poland’s Kredyt Bank from Belgium’s KBC Group in an all-share deal that values the combined entity at $6.69 billion.
Hamas leader Ismail Haniyeh   gave a speech in Egypt in support of the Syrian uprising

Hamas Leaders Depart Syria

Syria had welcomed the Hamas leadership following their expulsion from Jordan in 1999
Evacuations in Syria as diplomatic pressure mounts

'We Care About Our People,' Syria Minister Says As 64 Are Killed

On one of the bloodiest days of the yearlong uprising in Syria, survivors of an alleged massacre at a checkpoint in Homs said women had been kidnapped. Later, in farmland near Abel, 64 bodies were found with bullet holes and stab wounds.
International Business Times Logo

Obama to Sign Order Creating Trade Enforcement Unit

President Barack Obama, following through on a promise to beef up enforcement of trade agreements, on Tuesday will sign an executive order creating a new government team to make sure China and others play by the rules, the White House said.
Assad Syria

Syria Sanctions Tightened by EU

As Syrians head to the polls, the European Union imposed a new set of sanctions on Monday in an attempt to get President Bashar al-Assad to call off his assault on the city of Homs and on opposition protestors.
International Business Times Logo

Stock Futures Pull Back From 4-Year High

Stock index futures fell on Monday in low volume following the S&P 500's four-year closing high last week and after the Group of 20 leading economies told Europe it must commit more money to fight the EU debt crisis before seeking broader help.
Traders work on the floor of the New York Stock Exchange

Stock Futures Slip From 4-Year Highs

Stock index futures fell Monday in low volume following the S&P 500's four-year closing high last week and after the Group of 20 leading economies told Europe it must commit more money to fight the EU debt crisis before seeking broader help.
U.S. Treasury Secretary Timothy Geithner (C) arrives at a meeting of Group of 20 finance ministers and central bankers in Mexico City February 25, 2012.

G-20 Inches Toward $2 Trillion in Rescue Funds for Euro Zone

Germany is easing its opposition to a bigger European bailout fund, officials said, smoothing the way for the world's leading economies to secure nearly $2 trillion in firepower to prevent more fallout from the euro-zone's sovereign-debt crisis.

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