Spain nationalizes No. 4 bank as crisis deepens
- Alan Cledenning - The Associated Press
- •
- May 09, 2012
MADRID (AP) — Spain's government will effectively nationalize the nation's fourth largest bank to shore up the hurting banking sector and try to convince investors the country doesn't need a bailout l...
Europe at the crossroads: splinter or unite
- Don Melvin - The Associated Press
- •
- May 09, 2012
BRUSSELS (AP) — The European Union, a hope for peace that rose from the fires of World War II, paused Wednesday to honor its past and ponder its future — and how it can ensure it still has one in ligh...
Monti effusively praises Turkey's EU member bid
- The Associated Press
- •
- May 09, 2012
ROME (AP) — Italian Premier Mario Monti says Turkey could give the "tired" European Union vibrant economic, strategic and cultural benefits if allowed to become a member.
Monti effusively praised t...
German Patience With Greece on the Euro Wears Thin
BERLIN. («New York Times»). Just weeks ago, the idea that Greece would leave the euro zone was almost unthinkable. Now, with Greece’s newly empowered political parties refusing to abide by the terms o...
Crisis threatens Europe's storied way of life
- Karl Ritter - The Associated Press
- •
- May 08, 2012
Elections in France and Greece reflect the anger and disillusionment coming to the surface across Europe as an entire way of life is challenged. The European landscape is undergoing profound change — ...
ECB head urges commitment to shared markets
- The Associated Press
- •
- May 08, 2012
FRANKFURT, Germany (AP) — European Central Bank head Mario Draghi called on governments to keep up their efforts to integrate financial markets in Europe despite the eurozone debt crisis.
Draghi ma...
Britain's Cameron: UK must stand by spending cuts
- David Stringer - The Associated Press
- •
- May 08, 2012
LONDON (AP) — Britain must stick to its tough austerity measures despite doubts elsewhere in Europe over the best remedy to fix the continent's stalled economies, Prime Minister David Cameron insisted...
Czech official says Cyprus is entitled to EU helm
- The Associated Press
- •
- May 08, 2012
NICOSIA, Cyprus (AP) — The Czech foreign minister says no one should dispute Cyprus' right as an EU member to take over the bloc's rotating presidency.
Karel Schwarzenberg said Tuesday that Turkey ...
Austerity is a dirty word in Europe but what next?
- Sarah DiLorenzo - The Associated Press
- •
- May 07, 2012
PARIS (AP) — The day after Francois Hollande rode to power in France on a slogan of "change now" the conversation in Europe is already different: Austerity has become a dirty word.
Greek parties wh...
Flashy, fiery Sarkozy fades from French scene
- The Associated Press
- •
- May 07, 2012
JAMEY KEATEN,Associated Press
PARIS (AP) — When Nicolas Sarkozy bounded up the steps of France's presidential palace in jogging shorts and shoes on his first day in office five years ago, many Fr...
Greek, French voters reject German-led austerity
By Noah Barkin
BERLIN (Reuters) - Greek voters dealt a serious blow on Sunday to the fragile political consensus that has kept Europe's currency bloc intact through more than two years of crisis, ...
Sarkozy joins fallen leaders amid Europe crisis
- Daniel Wools - The Associated Press
- •
- May 07, 2012
Nicolas Sarkozy, defeated Sunday in France's presidential runoff by Socialist challenger Francois Hollande, joins a series of European leaders booted from office because of public anger over governmen...
Hollande defeats Sarkozy in French presidency vote
- Greg Keller - The Associated Press
- •
- May 06, 2012
PARIS (AP) — France handed the presidency Sunday to leftist Francois Hollande, a champion of government stimulus programs who says the state should protect the downtrodden — a victory that could deal ...
Leaders fall in Europe crisis: Sarkozy next?
- Daniel Wools - The Associated Press
- •
- May 06, 2012
French President Nicolas Sarkozy is widely expected to be kicked out of office in elections Sunday. If he goes, he'll be in good company: Almost every crisis-hit European country that has held an elec...
Europe's far-right in steady crawl toward power
- The Associated Press
- •
- May 04, 2012
PARIS (AP) — Marine Le Pen wants to bust the French political system — and people across Europe and beyond should take note.
Her stunning score in the first round of French presidential elections won...
ECB chief sees slow recovery, offers no new help
- The Associated Press
- •
- May 03, 2012
BARCELONA, Spain (AP) — European Central Bank President Mario Draghi offered little prospect that the bank would deliver more support for the struggling economies of the 17-country eurozone, instead u...
ECB leaves rates unchanged as economy slows
- David McHugh - The Associated Press
- •
- May 03, 2012
FRANKFURT, Germany — The European Central Bank has left its benchmark interest rate unchanged despite worsening growth forecasts for the 17 countries that use the euro.
The bank's governing council...
Hollande stands firm in French presidential debate
PARIS (AP) — French President Nicolas Sarkozy failed to deliver a knockout blow against leftist front-runner Francois Hollande in their only head-to-head debate in France's presidential campaign, the ...
Eurozone unemployment hits record high
- Pan Pylas - The Associated Press
- •
- May 02, 2012
LONDON (AP) — Record high unemployment for the 17 countries that use the euro is set to increase the pressure on Europe's leaders to switch from a focus on austerity to a pro-growth strategy to stop t...
Spanish lenders in talks over 'bad bank' plan
- Ciaran Giles - The Associated Press
- •
- April 30, 2012
MADRID (AP) — As their losses from mortgages grow, Spanish banks have begun discussions about creating a separate entity — a "bad bank" — to take on these assets and relieve pressure on the country's ...
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