Euro Zone

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EU draft bank rescue law would not shield big deposits

STRASBOURG, France - A draft law that a group of European Union lawmakers voted for on Monday would shield small depositors from losing their savings in future bank rescues, but customers with more than 100,000 euros in savings when a bank failed could suffer losses.

Euro area inflation



'No option off table' over Syria: Britain's Hague

LONDON - Britain warned Syrian President Bashar al-Assad on Monday that "no option is off the table" over the possible arming of Syrian rebels and said it would press the European Union to make further changes to its weapons embargo.

20 May 2013

With end of Afghan war in sight, Europe pushes business

HERAT, Afghanistan - The European Union threw its weight behind developing Afghanistan's small but promising private sector this week, in the hope that business can usher in stability and peace once foreign troops leave by the end of next year.

World, Afghanistan 20 May 2013

Germans blame euro zone crisis for Eurovision debacle

BERLIN - Germans lamented their unexpectedly poor showing at the Eurovision Song Contest, blaming Chancellor Angela Merkel's tough stance in the euro zone crisis for their failure to win any points from 34 of the 39 countries voting.

EU says worried by Russia's human rights record

BRUSSELS - The European Union criticized Russia's human rights record on Sunday, saying it was increasingly concerned at a wave of restrictive legislation and prosecutions against activists.

World, Russia 19 May 2013

German minister calls EU move on China solar 'grave mistake'

BERLIN - German Economy Minister Philipp Roesler said the European Commission made a "grave mistake" by agreeing to impose punitive import duties on solar panels from China and urged the Commission to work to prevent the eruption of a trade conflict.

19 May 2013

Brussels, Berlin lukewarm on Hollande's euro zone vision

BRUSSELS - European officials gave a lukewarm response to French President Francois Hollande's sweeping proposals for deeper euro zone integration on Friday, noting that many of his ideas were already in circulation.

17 May 2013

Bulgarian president calls parliament quickly to end impasse

SOFIA - Bulgarian President Rosen Plevneliev will convene parliament on May 21, in an attempt to have a government formed quickly and end a political impasse in the European Union's poorest country.

17 May 2013

France's Hollande urges euro zone government

PARIS - French President Francois Hollande called on Thursday for an economic government for the euro zone with its own budget, the right to borrow, a harmonized tax system and a full-time president.

16 May 2013

Path clear for Croatia's EU entry after Germany ratifies treaty

BERLIN - The German lower house of parliament approved Croatia's entry to the European Union on Thursday, clearing the last formal hurdle for the former Yugoslav republic to enter the bloc.

16 May 2013

EURO ZONE EMERGES FROM CRISIS

BRUSSELS AND THE EU LABYRINTH

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