The European Union has tightened economic pressures on Iran because of its controversial nuclear program. EU ministers meeting in Brussels Thursday agreed to expand the number of individuals and businesses targeted in existing sanctions. They also agreed to consider future penalties against Iran’s transportation and vital energy sectors. Diplomats said 180 Iranian officials and companies […]
EU Increases Economic Pressures on Iran
EU ‘Deeply Concerned’ About Thai Text Conviction
The European Union says it is “deeply concerned” about the Thai court conviction and 20-year prison sentence meted out last week to a 61-year-old man accused of sending text messages that authorities say insulted the Thai monarchy. The EU delegation to Thailand, in a statement, urged Thai authorities to “ensure the rule of law is […]
Obama Says US Needs Stable Eurozone
U.S. President Barack Obama urged European leaders to act decisively to resolve Europe’s burgeoning debt crisis, saying a solution is crucially important to the U.S. economy as well. Speaking after a U.S.-European Union summit Monday at the White House, Mr. Obama said it will be much more difficult for the U.S. to create good jobs […]
EU Leaders Pledge New Economic Integration
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 Van Rompuy and European Commission President Jose Manuel Barroso called for uniform, binding controls over government spending in […]
EU Leaders Pledge New Economic Integration
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 Van Rompuy and European Commission President Jose Manuel Barroso called for uniform, binding controls over government spending in […]
US, EU Leaders Meet as Eurozone Sinks into Recession
A new report says the eurozone’s economy is falling into a recession. Monday’s report came as key European leaders were in Washington for a debt crisis summit with U.S. President Barack Obama. The Organization for Economic Cooperation and Development said it expects the economy for the 17 nations that use the euro currency will shrink […]
US, EU Leaders Meet as Eurozone Sinks into Recession
A new report says the eurozone’s economy is falling into a recession. Monday’s report came as key European leaders were in Washington for a debt crisis summit with U.S. President Barack Obama. The Organization for Economic Cooperation and Development said it expects the economy for the 17 nations that use the euro currency will shrink […]
US, EU Leaders Meet as Eurozone Sinks into Recession
A new report says the eurozone’s economy is falling into a recession. Monday’s report came as key European leaders were in Washington for a debt crisis summit with U.S. President Barack Obama. The Organization for Economic Cooperation and Development said it expects the economy for the 17 nations that use the euro currency will shrink […]
US, EU Leaders to Discuss Debt Crisis
U.S. President Barack Obama is hosting European Union leaders for a summit Monday that is expected to focus on the European debt crisis. The meeting at the White House comes as EU members struggle to agree on how to contain the deepening economic problems plaguing the eurozone – the group of 17 EU countries that […]
Obama to Host US-EU Summit Monday
U.S. President Barack Obama is hosting European Union leaders at the White House Monday for this year’s U.S.-EU Summit. The European debt crisis is likely to be a focus of the talks. A White House statement released last month said President Obama and the visiting EU officials also will discuss their continuing coordination on Iran […]