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Wednesday, April 7, 2010 as of 11:14 AM ET

European Union

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The European Union (EU) is an economic and political union or confederation of 27 member states which are located primarily in Europe.

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EU Should Urge U.S. To Avoid "fiscal Cliff"

The European Union should use the upcoming meeting of the Group of 20 to urge the United States to put in place fiscal reforms to keep it from going over a "fiscal cliff" that is looming late this year or early next year, when the U.

S. debt ceiling will need to be raised again, Herman Van Rompuy, president of the European Council said on Friday. "The EU should urge the U.S. and Japan to implement credible medium-term fiscal consolidation plans, in particular to avoid the 'fiscal cliff' in the U.Ss at the end of the year," Van Rompuy said in the statement, which laid out the EU's goals for the G20 meeting next month.Copyright © 2012 MarketWatch, Inc....

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  1. Market Analyst: A Matter of Time Before Greece Leaves EU

    CMC Markets market analyst Michael Hewson gives his outlook for the European markets.

  2. EU Trade Chief: Not Considering Freeze Of Mercosur Talks Now

    The European Union isn't currently considering a halt in talks with the South American trading bloc Mercosur after Argentina's move on Spain's Repsol YPF SA (REP.MC)...

  3. EU Files WTO Complaint Against Argentina On Import Controls

    The European Union Friday filed a complaint at the World Trade Organization challenging Argentina's import regulations, part of a plan to pressure President Cristina...

  4. EU Clears DS Smith Acquisition Of SCA Packaging With Conditions

    The European Commission Friday approved DS Smith PLC's (SMDS.LN) acquisition of SCA Packaging, a subsidiary of Swedish paper and hygiene products maker Svenska Cellu...

  5. OIL DATA: India's April Crude Imports Fall 7.1% On Year

    India's crude-oil imports in April declined 7.1% due to lower demand following shutdowns at some refineries.April imports totaled 14.62 million metric tons, or 3.57 ...

  6. Still Buying Opportunities Despite Europe Concerns?

    Alan B. Lancz President Alan Lancz and ACE Investment Strategies Chief Trader Yu-Dee Chang on the European economic concerns’ impact on U.S. markets.

  7. GRAIN HIGHLIGHTS: Top Stories Of The Day

    TOP STORIES:Argentina: Still Discussing Some GMO Corn Export Issues With ChinaBEIJING -(Dow Jones)- Argentina government officials are still trying to resolve differ...

  8. Oil Prices Dropping While Iranian Nuclear Talks Continue

    Barclays director of commodity research Helima Croft weighs in on Iranian nuclear talks.

  9. EU Court Quashes MasterCard's Challenge Over Fees

    A European Union court Thursday rejected a legal challenge by MasterCard Inc. (MA) of a 2007 EU ruling over its fees, in a case seen as a litmus test on the levies c...

  10. Beach: Greece is Out of the Euro

    The Heritage Foundation’s Bill Beach on Greece’s potential departure from the EU and how it will impact the 2012 election.

  11. Greek Banks To Receive Capital Boost By Monday

    Greece's central bank governor said Thursday that Greek lenders will receive a capital boost of EUR18 billion either Friday or Monday to cover losses stemming from t...

  12. Markets Look to Turn Around Trading Skid

    Dow Jones’ Nick Hastings breaks down the stories moving the markets around the world.

  1. Should Investors Ignore Headlines and Buy Into Equities?

    Raymond James Senior V.P. Michael Gibbs on the outlook for the markets and how investors should choose stocks.

  2. Eurozone Rattled by Possibility of Greek Exit

    Central banks and companies not bracing for a possible Greek euro exit would be making a grave error, Belgium's foreign minister said on Friday, rattling markets alr...

  3. Randolph: Greece Will Remain in Eurozone

    Jan Randolph of IHS Global Insight gives his outlook for the Greek economy.

  4. BP Confirms Limited Scope For Key European Gas Pipeline

    U.K. energy giant BP PLC (BP) confirmed Friday that a key European pipeline project to import natural gas from Azerbaijan, called Nabucco, will be of much more limit...

  5. Spain's Bankia Seeking $19B in Government Aid

    Spain's Bankia SA is set to ask the state for a more than 15 billion euros ($19 billion) bailout on Friday, marking another rise in the cost of a drawn-out rescue of...

  6. BP Confirms More Limited Scope For Key European Gas Pipeline

    U.K. energy giant BP PLC (BP) confirmed Friday that a key European pipeline project to import natural gas from Azerbaijan, called Nabucco, will be of much more limit...

  7. Greece Exit Would 'Destabilize' World Economy

    The head of the global banking lobby that handled the private debt write-off for Greece warned on Friday that if the country leaves the euro zone, the world economy ...

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