The Sofia Globe - daily news and features from Bulgaria, CEE and the world
European leaders are gathered in Brussels for another summit, facing new concerns that their austerity policies are adding to the continent’s unemployment problem and weakening the chances for an economic […]
Latvia has officially asked the European Commission and the European Central Bank (ECB) for an extraordinary convergence report “in order to assess the readiness of Latvia to the membership in […]
With the crisis in Syria topping his agenda, U.S. Secretary of State John Kerry arrived in Berlin late Monday on the second stop of his first foreign trip since taking […]
European finance ministers are discussing how to tackle Europe’s sovereign debt and banking crisis during a two-day meeting in Luxembourg. The talks begin a series of critical economic meetings. The […]
The European Central Bank (ECB) published its Convergence Report (2012), in which it evaluates the progress of the members states that have committed themselves to joining the euro by following […]
Europe’s financial crisis took center stage on Monday as the Group of 20 economic summit began in Mexico. President Barack Obama and other G20 leaders continued to urge European nations […]
Greece’s centre-right New Democracy party took a narrow lead in June 17 2012 elections in what party leader Antonis Samaras hailed as a vote to stay in the euro, but […]
Much of President Barack Obama’s attention at next week’s Group of 20 economic summit in Mexico’s Pacific resort of Los Cabos may be focused on trying to help Europe solve its money […]
German Chancellor Angela Merkel says Germany has the political will to ensure the stability of the eurozone. The German leader spoke alongside British Prime Minister David Cameron, who pressed for […]
The European debt crisis is currently the biggest threat to the world economy, according to a United Nations World Economic Situation and Prospects (WESP) 2012 mid-year update, released on June […]
