U.S. stocks were set to rally at the open Friday, after European leaders reached a deal on struggling eurozone banks.
South Korea said Tuesday that it will halt all Iranian oil imports from the start of July in response to a European Union insurance ban on tankers carrying crude from Iran.
India has threatened to ban European airlines from its airspace if Brussels sanctions Indian carriers in a dispute over an EU plan to charge carriers for their pollution.
European Union foreign ministers on Monday imposed new sanctions on the Syrian regime, urging it to adopt a U.N.-backed peace plan that so far has failed to stop the mounting carnage.
Spanish ministers and European Union officials took turns on Tuesday to deny that the country needed an international bailout, in an effort to soothe the bond market.
Once again, investors all over the world will be looking to Europe to determine how to bet on the markets.
The European Union imposed fresh sanctions Friday on Bashar al-Assad's inner circle as the familiar sounds of gunfire and shelling rang out across Syria.
The threat of a trade war will not make the European Union back down on climate legislation, Connie Hedegaard, the bloc's climate chief, said on Tuesday following pressure from foreign governments who want the EU to drop plans to charge airlines for carbon emissions.
Seven of Europe's leading aviation companies have joined forces to warn the European Union's plans to charge for carbon pollution are jeopardising 2,000 jobs and billions of dollars of orders from China.
An EU video promoting an anti-racism message is dropped after complaints that the clip itself was racist.
In a widely expected move, top leaders from most European Union nations signed an accord Friday that aims to strengthen economic ties and restore confidence in the euro.
Today, we live in a world of breathtaking possibilities. We can send instant messages to our loved ones on the other side of the world at the tap of a finger. We can share vacation photos with friends in real time. We can entrust our private data to a cloud service provider without having to worry about storage space.
A China-EU summit ended Tuesday with promises for more support from Beijing for debt-straddled Europe, yet no concrete cash pledges to buy euro debt.
The Chinese government has barred the country's airlines from complying with a European Union charge on carbon emissions, escalating a dispute that officials have warned could turn into a trade war.
European leaders are proposing new measures to combat soaring youth unemployment as the scramble to halt the continent's debt crisis continues despite agreement over financial safeguards.
European Union leaders agreed Monday to strengthen a financial firewall and most members of the 27-nation group will sign a new fiscal compact. But the first summit of the year ended without new solutions for the debt crisis in Greece.
European Union leaders will gather Monday for their first summit of the year. The good news is that conditions for Italy and Spain are improving. But the fate of Greece is still uncertain.
Greece's finance minister angrily rejected a German plan for the eurozone to impose a budget overseer onto Athens in return for a new ?130bn bail-out, saying it would improperly force his country to choose between "financial assistance" and "national dignity".
Croatians voted Sunday in support of their country's bid to join the European Union, paving the way for the southern European nation to become the alliance's 28th member.
Viktor Szabo, formally of the Natl. Bank of Hungary, talks about the EU and IMF threatening to withhold aid from Hungary.
Once again, investors all over the world will be looking to Europe to determine how to bet on the markets.
Under pressure to deliver a decisive solution to the debt crisis, European leaders sat down Thursday evening in Brussels to begin rethinking the basic structure of the European Union.
U.S. stocks slipped Thursday as anxiety was high ahead of a crucial summit aimed at resolving the European debt crisis.
A prominent ratings agency warns of downgrades to euro nations due to the debt crisis.
Standard & Poor's put the European Union on review for a possible downgrade Wednesday following similar action against 15 members of the euro currency union on Monday.
CNN's Pauline Chiou talks to Yonghao Pu of UBS Asia Pacific on the EU debt crisis' impact on Asia.
European leaders will meet this week for yet another summit to discuss ways to save the euro, and this time they are talking about rewriting European Union treaties.
Businesses breaching European Union privacy rules will face fines of up to 5 per cent of their global turnover under sweeping proposals to be unveiled next month.
The ordeal of Gulnaz did not simply begin and end with the physical attack of her rape. The rape began a years-long nightmare of further pain, culminating in an awful choice she must now make.
For much of this year, we've read about the Arab Spring uprisings, leading to the downfall of leaders in Egypt, Tunisia and Libya. Now, we're facing the prospect of a more fundamental overhaul in western nations: a European Union Winter.
When the euro became official tender 12 years ago, it was hailed as an economic and social savior, "the beginning of a strong European Union," according to the EU's top official at the time.
The debt crisis in Europe continues to hang over the global economy after a summit of world leaders last week failed to produce any tangible new solutions.
Europe's leaders are battling to keep the eurozone and the wider European Union together in the face of a financial crisis that threatens to split partnerships forged over more than half a century.
Greece Prime Minister George Papandreou announced Monday a national referendum to approve the bailout deal reached at last week's EU summit.
EU transport commissioner tells Marketplace Europe about his trans-European core transport network plans.
European leaders insist they are making progress on a comprehensive plan to tackle the eurozone's debt and banking crisis.
As European Union leaders gather Wednesday for another crisis summit, German lawmakers backed a proposal to enhance the powers of Europe's rescue fund.
British lawmakers on Monday rejected a call to hold a referendum on the country's continued membership in the European Union.
Europe's top leaders are meeting Sunday in Brussels to hammer out a solution to the debt crisis threatening the common currency, the euro, and -- potentially -- banks around the world.
Europe's big banks will be forced to find ?108bn ($150bn) of fresh capital over the next six to nine months under a deal to strengthen the banking system agreed by European Union finance ministers.
Just talking about the possibility of leaving the euro has potentially devastating consequences. Nina dos Santos explains.
The European Council said Friday that it had adopted new restrictions against five people connected to an alleged plot to assassinate the Saudi ambassador to the United States and that it will freeze their financial assets within the European Union.
Syria's President Bashar al-Assad "must step aside," European Union foreign ministers said in a blistering statement Monday, adding the Syrian government's crackdown on anti-government protesters may amount to crimes against humanity.
European Union finance ministers are examining ways of co-ordinating recapitalisations of financial institutions after they agreed that additional measures were urgently needed to shore up the region's banks.
Airlines have warned the European Union risks sparking an international trade war if it insists on imposing a carbon tax on carriers flying into its air space.
Turkey will freeze relations with the European Union if Cyprus assumes the presidency of the group of nations, Turkish Deputy Prime Minister Besir Atalay said, the official Turkish news agency reported Sunday.
European Union finance ministers reached an agreement Friday on a package of reforms aimed at strengthening economic governance across the monetary and currency union.
European leaders announced a bold plan Thursday to help Greece get out of debt, and they pledged to take steps to contain the crisis and preserve the euro.
The leaders of France and Germany on Tuesday called for more integrated economic policies to help stabilize the euro and restore growth across the European Union.
As officials in Europe struggle to contain the debt crisis roiling financial markets around the world, economic growth appears to be slowing significantly across the euro zone.
Investors were rattled Friday as worries the Greek government may default on its debts resurfaced.
French banks were the center of the European financial storm this week, after Societe Generale and Credit Agricole were downgraded by ratings agency Moody's Investors Service. Eyes were also on the unfolding drama of Italy's surging funding costs, amid warnings the country is one which is too big to fail. At the same time, members of the Free Democrats -- the smaller party in Angela Merkel's governing coalition -- are openly flirting with a more Eurosceptic line.
Britain's top diplomat said his country should consider loosening ties with the European Union and distancing itself from the rest of Europe, according to an interview published Saturday by a British newspaper.
Russia's foreign minister slammed the European Union sanctions against Syria, Russian news agency RIA Novosti reported Saturday.
The European Union imposed a ban Friday on the import of Syrian oil, the latest diplomatic move against Bashar al-Assad's embattled regime.
A day after the United States imposed stiff economic sanctions on Syria, a European Union body proposed an embargo Friday on Syrian crude oil.
Stocks in Europe recovered late Tuesday after falling sharply on a report from the European Union that showed a broad slowdown in economic activity.
Fourteen out of 27 countries in the European Union had public debt exceeding 60% of their gross domestic product at the end of 2010, according to official statistics.
U.S. stocks recovered from early loses to close near session highs Wednesday after EU officials pushed back against recent downgrades of Greek and Portuguese debt, raising speculation that the union could move to minimize the impact of the ratings agencies.
The European Union has barred the import of certain seeds from Egypt after Egyptian fenugreek seeds were linked to deadly outbreaks of E. coli in France and Germany.
The European Commission has pledged $14.5 million in emergency food aid to help 650,000 North Koreans at risk of dying from malnutrition.
You can tell a lot about the state of European trade by strolling along the docks at the Port of Hamburg.
Russia has lifted a ban on some fresh vegetable imports from the European Union as of Tuesday, a senior official said.
The European Union on Wednesday agreed to pay 210 million euros ($307 million) to farmers who suffered losses due to the E.coli outbreak that has killed at least 25 people, mostly in Germany.
The European Union has lifted sanctions on Libya's highest-profile defector, allowing him to travel freely in Europe and access his money.
The European Union is under cyber attack, a spokesman said Thursday, as a major international summit begins.
Somali pirates released a chemical tanker after holding it for more than four months, the European Union's naval protection force said Thursday.
Deutsche Bank boss Josef Ackermann's recent comment that a woman's presence on a company board might make meetings "prettier and more colorful" has sent his personal stock plummeting.
Egg products that reached the United Kingdom from farms with tainted eggs likely had dioxin levels well below European Union limits, a spokesman for the European Commission told CNN Tuesday.
Flight delays and cancellations are frustrating no matter where you are, but if you have to be stranded, you'll get more perks in the European Union than in the United States.
Pirates hijacked a cargo ship Monday in the Indian Ocean, the European Union Naval Force Somalia said Tuesday.
Gilles Moec of Deutsche Bank on the European Union Summit meeting about possible solutions to Europe's debt crisis.
What reforms are needed in the European Union to build up the economies of its member countries?
CNN's Fareed Zakaria and Niall Ferguson and the FT's Gillian Tett on the EU crisis and possible help from China.
Ireland and the European Union are engaged in a strange and increasingly public tug of war. Dublin insists that it doesn't need money from abroad to stay afloat despite a crisis in its banking sector, while the European Union is already discussing a possible bail out.
Ireland has formally requested substantial "financial assistance" from the European Union and International Monetary Fund to buttress the government and bolster its struggling banking sector, Prime Minister Brian Cowen said Sunday night.
Ireland has formally requested substantial "financial assistance" from the European Union to buttress the government and bolster its struggling banking sector, Prime Minister Brian Cowen said Sunday night.
CMC Markets analyst Michael Hewson comments on how the EU debt crisis affects European markets.
Somali pirates hijacked a gas vessel with a crew of 17 off the coast of Kenya, the European Union Naval Force Somalia reported Sunday.
Shocking safety lapses exposed by the deadly Hungary toxic sludge spill could be repeated at thousands of industrial sites around the world unless regulations are tightened dramatically, campaigners have warned.
South Korea and the European Union signed a free-trade agreement Wednesday, eliminating or cutting tariffs on nearly all goods within the next several years.
Haunted by a protectionist trade bill from the U.S. Congress and escalating tensions with Japan, Chinese Premier Wen Jiabao set course to Europe, eager to compensate for diplomatic wrangling on the Eastern front by making progress in the West.
Bosnians vote Sunday in a key election as the country is at a crossroads between moving closer towards the European Union and NATO in the next four years or sinking deeper into stagnation.
The European Union Court of Justice has ruled that working fathers in Spain have the same right to breastfeeding leave as do moms.
The European Union foreign policy chief said she urged Israel to reinstate its settlement moratorium and is disappointed that they have not yet done so.
Eleven Ukranians from a ship that had been hijacked over the weekend in the Somali basin are safe, the European Union Naval Force Somalia said Monday.
A 'jobs wanted' list covering the entire European Union is being proposed by one of its most senior officials.
President Barack Obama will travel to Portugal in November for a summit with the leaders of the European Union, the White House announced Tuesday.
Seven banks failed an EU-wide "stress test" to determine if they have enough capital to withstand future economic shocks.
CNN's Jim Boulden reports on what to expect as regulators reveal which EU banks pass or fail the latest stress tests.
The European Union approved British Airways' merger with Spanish airline Iberia on Wednesday, clearing an important hurdle for the two companies.
CNN's Jim Boulden talks about tough new EU bonus rules for banks.
The European Union said Monday it has temporarily withdrawn Sri Lanka's preferential trade status with EU countries because of failure to implement three human rights conventions.
German Chancellor Angela Merkel and French President Nicolas Sarkozy are proposing a Europe-wide prohibition of the controversial practice of "naked" short selling as a way to calm the markets, according to a joint letter addressed to the head of the European Commission.
A Panama-flagged cargo ship was hijacked by pirates early Wednesday off the coast of Somalia, the European Union Naval Force said in a statement.
A task force of European Union finance ministers was meeting in Brussels Friday to discuss proposed tougher measures intended to prevent another regional crisis on the scale of Greece's economic meltdown.
The Greek Ministry of Economy and Finance will request its first tranche of funding Tuesday from the European Union (EU), according to a press officer at the ministry in Athens.
Europe's finance ministers approved in an emergency meeting late Sunday a "stabilization mechanism" that could provide at least 440 billion euros (US $560 billion) for a crisis aid package aimed at ensuring financial stability across Europe.
European Union leaders on Saturday called for a "stabilization mechanism" in hopes of easing markets shaken by the Greek economic crisis before they re-open Monday.
Was it a mistake to close British airspace because of volcanic ash? CNN's Becky Anderson found out.
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