China has given a boost to the battered European common currency during a visit to Beijing by top European Union leaders. Central Bank chief Zhou Xiaochuan said Wednesday that China has confidence in the euro and will continue to invest in bonds and other securities issued by EU countries. “The Chinese side will continue to […]
China Voices Confidence in Euro, Pledges Support
Posted February 15th, 2012 at 5:55 am (UTC-5)
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China Voices Confidence in Euro, Pledges Support
Posted February 15th, 2012 at 4:30 am (UTC-5)
China has given a boost to the battered European common currency during a visit to Beijing by top European Union leaders. Central Bank chief Zhou Xiaochuan said Wednesday that China has confidence in the euro and will continue to invest in bonds and other securities issued by EU countries. “The Chinese side will continue to […]
China Says It Is Ready to Help on European Debt
Posted February 14th, 2012 at 1:50 pm (UTC-5)
China says it is ready to get “more deeply” involved in helping resolve the European debt crisis. Chinese Premier Wen Jiabao made the pledge Tuesday at a news conference in Beijing after meeting with European Union President Herman Van Rompuy. Wen said China’s support is “sincere and firm” and that it will match its “words […]
China Says It Is Ready to Help on European Debt
Posted February 14th, 2012 at 11:55 am (UTC-5)
China says it is ready to get “more deeply” involved in helping resolve the European debt crisis. Chinese Premier Wen Jiabao made the pledge Tuesday at a news conference in Beijing after meeting with European Union President Herman Van Rompuy. Wen said China’s support is “sincere and firm” and that it will match its “words […]
China Says It Is Ready to Help on European Debt
Posted February 14th, 2012 at 9:55 am (UTC-5)
China says it is ready to get “more deeply” involved in helping resolve the European debt crisis. Chinese Premier Wen Jiabao made the pledge Tuesday at a news conference in Beijing after meeting with European Union President Herman Van Rompuy. Wen said China’s support is “sincere and firm” and that it will match its “words […]
Internet Pact Sparks Outrage Across Europe
Posted February 11th, 2012 at 1:30 pm (UTC-5)
Tens of thousands of Europeans braved bitterly cold temperatures to rally against a controversial treaty intended to protect intellectual property. Anger spilled into the streets of European cities, from Sofia and Vilnius to Prague and Paris to voice displeasure with ACTA, the Anti Counterfeiting Trade Agreement. The treaty had been under negotiation for years, and […]
Greek Unions Striking Against New Austerity Measures
Posted February 10th, 2012 at 6:05 am (UTC-5)
Union members in Greece launched a two-day general strike Friday in Athens, the capital, protesting new austerity measures needing the approval of lawmakers. European finance ministers meeting in Brussels Thursday night said even with parliament’s approval, Greece has to meet new conditions before securing a new $172 billion bailout package. The chairman of the 17 […]
Euro Zone Finance Ministers Delay Decision on Greek Bailout
Posted February 10th, 2012 at 12:40 am (UTC-5)
Greek lawmakers say they have reached an accord on austerity measures demanded by international lenders so the country can secure another bailout, but European finance ministers say the job and spending cuts are not enough. Following a Thursday night meeting in Brussels, the 17 euro zone finance chiefs added new conditions before Greece gets the […]
Greece Reaches Accord on Austerity Demands from Its Lenders
Posted February 9th, 2012 at 2:15 pm (UTC-5)
Greek lawmakers say they have reached an accord on austerity measures demanded by international lenders so the country can secure another bailout and avoid defaulting next month on its financial obligations. After an all-night negotiating session that ended early Thursday, Greek political leaders remained deadlocked on the extent of pension cuts for retirees, while agreeing […]
Deep Freeze Depleting European Power Reserves
Posted February 9th, 2012 at 1:50 pm (UTC-5)
Much of Europe is spending another day in the grips of bitterly cold weather that has engulfed much of the continent. And now officials are warning it may soon be even more difficult to find relief. Power companies across Europe cut back on electricity exports, while warning domestic customers to conserve power where possible. Frigid […]
