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.
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.
The European Commission warned Hungary Tuesday it faces legal action over controversial reforms introduced by Hungarian Prime Minister Viktor Orban's government.
Viktor Szabo, formally of the Natl. Bank of Hungary, talks about the EU and IMF threatening to withhold aid from Hungary.
Are protests too little to late to stop Hungarian Prime Minister Viktor Orban's alleged power grab?
Italy has agreed to have the International Monetary Fund monitor the implementation of proposed fiscal reforms, European Union officials announced Friday.
Europe's leaders must act quickly and collectively to confront the eurozone's sovereign debt crisis -- or risk the bloc's fragmentation, according to Jose Manuel Barroso, the President of the European Commission.
President of the European Commission, Jose Manuel Barroso is confident Europe has a bright future ahead.
CNN's Richard Quest talks to Harvard University's Ken Rogoff on Europe's ongoing debt crisis.
Europe's leaders should stop prevaricating and quickly adopt a plan to bail-out Greece, recapitalise the region's banks and give the eurozone's rescue fund more firepower to stop economic contagion, the president of the European Commission said.
A broad rally lost steam during the final minutes of trading, but stocks still ended sharply higher Wednesday as investors welcomed the latest plan to recapitalize European banks.
European Commission president Jose Manuel Barroso announced a five-point plan Wednesday to address Europe's sovereign debt problems, saying policymakers need to act immediately to resolve the long running crisis.
European Commission president Jose Manuel Barroso will announce his plan to recapitalize Europe's banks on Wednesday afternoon, his office told CNN.
Three Slovakians spoke to CNN on whether or not they support their country helping to bailout Greece.
Greek Prime Minister George Papandreou survived a confidence vote on Tuesday, as Greek lawmakers voted to support his government as it tries to work through a debt crisis that is strangling the nation.
Greece is preparing to sell off billions of dollars worth of state assets including airports, highways and state-owned companies, as well as banks, real estate and gaming licenses, to meet international lenders' demands that it raise funds.
The State Department has released its annual list of gifts from foreign governments to federal employees, and as one would expect, President Obama made out pretty well.
Estonia becomes the newest member of the Eurozone Saturday as it adopts the euro as its official currency when the clock rings out 2010.
Workers in Hungary were racing Tuesday to build three emergency dams to stem an expected second toxic spill from an aluminum plant.
Over one-fifth of the world's plant species are threatened with extinction according to a new study compiled by the UK's Royal Botanic Gardens at Kew, London.
The European Commission is looking into France's expulsion of more than 8,000 ethnic Roma, commonly referred to as gypsies, the commission's president told CNN Tuesday.
European Commission President Jose Manuel Barroso talks with CNN's Richard Quest about a bailout package for Greece.
The European Union was days away Friday from ratification of the Lisbon Treaty after the president of the Czech Republic -- the remaining holdout in negotiations -- agreed to ratify it.
After the pageantry and splendor of audiences with the Queen and dinner at Downing Street, G-20 leaders could be forgiven a sense of anti-climax as they arrived for work Thursday for a summit heralding a "new era of international partnership," according to British Prime Minister Gordon Brown.
CNN's Paula Newton talks to European Commission President Jose Manuel Barroso in London.
CNNMoney: G-20 summit beginsupdated: Thu Apr 02 2009 08:52:00
Leaders attending the G-20 summit in London Thursday said they were confident and hopeful of progress as they sat down to grapple with the global economic crisis.
Prime Minister Gordon Brown is strongly criticizing the former heads of Britain's failed banks. ITN's Simon Harris reports.
European Union leaders have agreed to provide "appropriate" aid on a case-by-case basis to member nations battered by the global economic downturn, the union's current president said Sunday.
European officials expressed frustration at Russia and Ukraine's inability to enforce an agreement to resume delivery of natural gas, amid heat and cooking gas shortages and sub-zero temperatures endured by millions of people.
Frustrated European Union leaders lashed out Wednesday at Russian and Ukrainian energy companies whose dispute over natural gas has stopped supplies to Europe for the past week.
CNN's Matthew Chance reports on an agreement which promises to see natural gas supplies from Russia to Europe resume.
Asian and European leaders said Saturday they have reached a broad consensus on ways to deal with the global financial meltdown
Asian and European leaders vowed Saturday to act together to address the global financial crisis, calling for decisive action following a two-day summit in the Chinese capital.
European and Asian leaders are meeting to focus on the global financial crisis. CNN's Emily Chang reports.
Stock prices suffered steep losses Friday as dire recession forecasts drove the global financial system into one of its most sickening downward lurches since the credit crisis began.
The former head of the U.S. Federal Reserve has said the United States is "in the midst of a credit tsunami," but it will emerge from the crisis with a "far sounder financial system."
Time.com: Bretton Woods Systemupdated: Tue Oct 21 2008 19:00:00
As the creation of a new global economic system becomes increasingly likely, TIME takes a look back at the old one, created in New Hampshire in 1944
Asian and European traders seemed to welcome talk of a major conference to revamp the international financial system
President Bush announced Saturday that he will host the first of what could be several summits of world leaders to discuss the global response to the financial crisis.
U.S. President George W. Bush plans to host French President Nicolas Sarkozy and EU President Jose Manuel Barroso at Camp David Saturday to discuss the global financial situation.
President Bush works to reassure Americans the government is on the job to rein in the financial crisis.
Asian and Pacific stock markets followed Wall Street lower Friday as nervous investors sought safer investments ahead of a vote by the U.S. House of Representatives on a revised $700 billion bank rescue plan intended to bolster the ailing financial system.
Asian and Pacific stock markets dropped Thursday despite the U.S. Senate's approval of a modified $700 billion bank rescue plan intended to bolster the ailing financial system.
Chinese and European Union leaders launched a high-level dialogue Friday on tensions over China's swelling trade surplus with Europe amid disagreements over how to tackle climate change.
The measures announced to combat climate change means major changes for how Europe gets its energy
Hungary has joined the EU's passport-free travel zone.
The nine newest members of the European Union were celebrating on Friday after border controls officially were lifted, allowing them to move freely within the EU's passport-free zone.
A new treaty that will reshape the European Union's institutions and, it is hoped, streamline decision-making is a "European victory", according to the current president of the EU.
Businesses, homes destroyed
European Commission President Jose Manuel Barroso toured fire-damaged southern Greece by helicopter Saturday and promised aid for areas where 64 people died and an estimated 469,000 acres of mostly forest and farmland were destroyed.
Turkey's prime minister has promised to promote national unity and fight terrorism after his ruling Islamist party comfortably won parliamentary elections.
Iran should give an answer within "weeks, not months" to a U.S. proposal for incentives and talks concerning its nuclear program, President Bush said Wednesday.
EU leaders are working to resolve their budget deadlock, but "the issues remain difficult," British Prime Minister Tony Blair's spokesman says.
British Prime Minister Tony Blair said there was very little room to move in negotiations over a long-term budget for the European Union, warning no deal was possible without a complete review of spending.
A deal on the European Union's long-term budget is possible during crunch talks to be held next week, EU Commission president Jose Manuel Barroso said on Friday.
UK Prime Minister Tony Blair has taken on the twin challenge of unraveling the crises over Europe's constitution and its stalled budget negotiations as Britain assumed the rotating EU presidency Friday.
UK Prime Minister Tony Blair has announced an informal European Union summit in the autumn to discuss the direction of Europe.
French President Jacques Chirac has called for an emergency summit to discuss the future of the European Union, reeling after French and Dutch rejections of is first constitution.
The head of the European Union has warned that the 25-nation bloc faces a "permanent crisis" over its constitution and urged leaders to "pause for reflection" on the future.
The Netherlands has become the second country to reject a proposed constitution for the European Union, three days after the French turned the proposal down, leaving the EU in disarray over what steps to take next.
French President Jacques Chirac has appointed loyalist Dominique de Villepin as prime minister after French voters rejected the European Union Constitution -- throwing the future direction of the 25-nation organization into doubt.
French President Jacques Chirac appeared set to replace his prime minister after voters soundly rejected a proposed constitution for the European Union.
French voters have rejected a proposed European Union constitution, turning aside an extensive pro-ratification campaign by President Jacques Chirac and throwing a wrench into plans for closer European integration.
British Prime Minister Tony Blair has rejected criticism of his decision to remain on holiday as the scale of the tsunami disaster was revealed.
World leaders have stepped up pressure on Ukraine officials to review the results of the disputed presidential poll. Meanwhile, Russian authorities continued to support Ukraine officials.
European leaders have signed the EU's first constitution, but their celebration of unity was marred by uncertainty over its ratification and turmoil over the European Commission.
The embattled head of the European Commission Jose Manuel Barroso said he would conduct a "very limited" reshuffle of his proposed EU executive and hoped to present it to the European Parliament in less than a month.
European lawmakers appear likely to reject incoming Commission President Jose Manuel Barroso's 24-member executive team on Wednesday.
The incoming head of the European Commission has defended his decision to delay a vote on his embattled executive team, saying he was confident he could find support for a new team.
An EU committee's rejection of an Italian nominee with conservative views on homosexuality has drawn a sharp condemnation by Prime Minister Silvio Berlusconi.
European Union leaders have unanimously nominated Portuguese Prime Minister Jose Manuel Durao Barroso as next European Commission president.
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