EU's Van Rompuy details eurozone budget rationale EU President Herman Van Rompuy argued Friday that the 17-state eurozone could have a central 'Treasury' with a shared budget and raise funds on commercial bond markets.
14 October 2012
Nobel for EU praised in European, not British, press European newspapers on Saturday praised the decision to award this year's Nobel Peace prize to the EU, with the notable exception of the British press, most of which poured scorn on the decision.
Giants EU, China meet in 'challenging' times Global giants the European Union and China meet at a Brussels summit on Thursday under pressure to bolster slowing economic growth and tackle tough international dilemmas.
21 September 2012
EU calls for halting Pennsylvania man's execution The European Union made an appeal Thursday to stay the execution of a Pennsylvania man subjected to childhood abuse who is due to be put to death next month for killing two of his abusers.
16 September 2012
EU chief urges Bosnia to abolish political discrimination EU president Herman Van Rompuy urged Bosnian leaders on Sunday to undertake reforms needed for the country's approach to the bloc, notably those abolishing political discrimination of Romas and Jews.
11 September 2012
West seeks to pressure Iran at IAEAWestern countries will seek to turn the screw further on Iran at a meeting of UN atomic agency board of governors from Monday following the watchdog's latest damning report on Tehran's nuclear programme.
10 September 2012
EU ministers explore fresh help to Syria opposition EU foreign ministers gather in Cyprus some 100 kilometres from the Syrian coast Friday to explore how to best assist its opposition while defusing a humanitarian crisis looming in Europe's backyard.
08 September 2012
Moody's downgrades EU rating outlook to 'negative' Moody's on Monday lowered the European Union's long-term issuer rating outlook from stable to negative, saying the move reflected credit risks of the bloc's key budget contributors.
04 September 2012
S. Korea firms in talks to resume Iran oil imports South Korean oil refiners are in talks with Iran to resume oil imports, officials said Thursday, potentially by using Iranian tankers as a way to circumvent EU sanctions.
Landless Cambodians see nothing sweet in EU sugar deal An EU scheme to boost trade with developing nations is fuelling land grabs in Cambodia, activists say, with thousands evicted from their property to make way for a booming sugar industry.
World stocks, euro, oil jump as EU summit delivers World stock markets surged Friday, the euro jumped against the dollar, and oil prices rocketed after a key EU summit delivered surprise emergency measures to fight the eurozone debt crisis.