Greece says a complex debt deal with US investment bank Goldman Sachs that has come under scrutiny by the European Union was above board.
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EU clears Oracle takeover of Sun
January 22, 2010 – 6:07 pm
The European Union has cleared Oracle Corp & #39;s proposed & #36;US7.4 billion ( & #36;A8.15 billion) takeover of Sun Microsystems Inc.
Greek debt weighs on finance ministers
January 19, 2010 – 5:44 pm
Worries over Greece & #39;s swelling debt will dominate two days of talks between European Union finance ministers.
Greece & #39;unlikely to quit eurozone & #39;
January 12, 2010 – 7:50 pm
Greece is unlikely to abandon the eurozone because of the country & #39;s ominous debt and deficit crisis, the incoming European Union economic chief said on Monday.
Eurozone jobless highest since Dec & #39;98
December 2, 2009 – 5:10 pm
Unemployment across the 16 nations that use the euro has hit its highest level since December 1998, the European Union & #39;s statistics office said.
EU nations back new bankers & #39; pay
November 11, 2009 – 4:52 pm
European Union countries backed new financial oversight rules for bankers & #39; pay and how much extra capital banks should set aside to cover high-risk investments.
EU confirms 2011 exit strategy deadline
November 11, 2009 – 4:50 pm
European Union finance ministers have confirmed they would start withdrawing billions of euros in government support for their economies by 2011.
EU approves Northern Rock rescue
October 29, 2009 – 8:27 am
The European Union has approved the government rescue and nationalisation of Northern Rock, the first UK lender to fall victim to the global financial crisis.
Nine EU members & #39;have excessive debts & #39;
October 8, 2009 – 7:19 am
The European Union launched action against nine countries on Wednesday over excessive debt levels which have now engulfed 20 of the bloc & #39;s 27 nations.
WTO rules for US over Airbus subsidies
September 5, 2009 – 5:40 pm
The WTO has ruled that the European Union provided illegal subsidies to Airbus for its aircraft, a Democratic lawmaker in the US House of Representatives says.
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