Eu
Germany Approves Euro Rescue Package
May 11, 2010The German government says it has approved the country's contribution to the $1 trillion emergency rescue package to stabilize the euro currency. A government official said Tuesday that Germany is expected to contribute at least $157 billion to the debt...
Saving the Euro, $960 billion safety net
May 10, 2010By Lisa Bryant EU finance ministers agree on Euro stabilization package The European Union has cobbled a last ditch, $960 billion safety net for financially struggling members, hoping to calm fears that the Greek financial crisis will spread to other...
Worries about Greek economy send stocks reeling
May 05, 2010Investor concerns about the debt crisis in Greece hurt stock markets in Europe and the United States on Tuesday. Major European stock indexes dropped three percent or more, key U.S. indexes were off between two and three percent, while Spanish stocks...
EU helps repair roads in Moldova
April 29, 2010A 10-kilometer-long portion of the M1 road between the villages of Ivanovca, Obileni and Cotul Morii in the Hincesti raion has been commissioned after a thorough repair funded by the European Union in the framework of the EU Cross Border Cooperation ...
Most of Moldova's exports - to European Union
April 09, 2010In January-February the Moldovan exports accounted for $195.1 million - by 16.2% more against the same period of 2009. The imports constituted $450.7 million - 98.1% against the January-February period of 2009. As a result, the trade balance deficit dropped...
EU reaches deal over Greek debt, bailout package
March 26, 2010By Lisa Bryant The euro traded higher on Friday after European Union leaders reached a groundbreaking agreement for a last-ditch bailout package for deficit-strapped Greece and other troubled EU economies. European Union leaders saluted Friday the bailout...
Moldova to receive €273M from the European Union in 2011-2013
March 03, 2010On Tuesday, the College of European Commissars approved 16-of-19 programs of the European Neighborhood and Partnership Instrument (ENPI), whose aggregate budget is € 4.2 billion, the international media have reported. All in all, the European Union...
Greek debt crisis affects Europe, world economy
February 26, 2010By Lisa Bryant As Greece embarks on tough economic reforms it is facing the prospect of deep social unrest, with tens of thousands of workers taking to the streets this week. The Greek debt crisis is spilling over to other European economies - and threatening...
Greece: Socialist government's budget deficit of 12.5% caused debt crisis
February 23, 2010By Francois Lafond The positive side of Greece's economic troubles On October 4, 2009, the Greek Socialist Party Pasok scored a large victory in early national elections. With a clear majority (160 out of 300 seats) in the Greek legislature, Pasok...
European Union calls for end to bluefin tuna fishing
February 23, 2010By Lisa Bryant The European Union's executive arm is calling for a ban on commercial fishing for Atlantic bluefin tuna, giving a powerful push for an international treaty to that effect. Such a move has drawn sharp protests, even as environmentalists...