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.
'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.
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.
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.
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.
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.
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.
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.
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.
EURO ZONE EMERGES FROM CRISIS
Rome will burn, regardless of vote
Regardless of who wins the election, Italy's long economic decline is likely to continue because the next government won't be strong enough to pursue the reforms needed to make its economy competitive again. Full Article
BRUSSELS AND THE EU LABYRINTH
Euro zone economy to shrink again
The euro zone will not return to growth until 2014, the European Commission said, reversing its prediction for an end to recession this year and blaming a lack of bank lending and record joblessness for delaying the recovery. Full Article
Don't rush towards Euro-pessimism
The siren call of Euro-pessimism should be ignored. It was wrong in 2010, and it will be wrong now. Europe faces hard years with no clear path, but that is not the same as dissolution and chaos. Full Article




