European Union

Moody's says EU's negative outlook is due to its key budget contributors.

Market analysts expect the state-rescued bank to post €4bn in losses, when it reports its earnings this week

Data shows Spain’s recession worsened after austerity measures hurt spending

Nick Stephens says group's latest research reveals that change to boardroom gender imbalance is vital.

Greek Prime Minister Antonis Samaras revealed to Le Monde that the country may sell off islands in a bid to meet Eurozone austerity demands

With Greece obliged to implement severe austerity measures, IBTimes looks at how ordinary people are paying the price.

Germany and France widely expected to snub Antonis Samaras plea for more breathing space.

Hillary Clinton holds on to her second position followed by Brazilian President Dilma Rousseff.

Whilst holidaying earlier this month in Argyll, my wife and I stopped for lunch at a hotel in the picturesque 18th Century model village of Inverary which lies on the western shore of Scotland's longest sea loch, Loch Fyne. In the hotel's beer garden - the weather being glorious - we all too quickly settled on our choices and ordered, only to see the table opposite being served with a large plate of crustaceans. "Nephrops!" I remarked to my wife, "I thought they were nearly all ...

Greek prime minister Antonis Samaras will try to persuade eurozone chief Jean-Claude Juncker for more time on bailout pledges.

Iran tries to avoid US, EU and UN crackdown on business with Western banks, according to security analysis.

EU's decision to brand Israel's Modiin-Maccabim-Reut as settlements causes uproar in Tel Aviv.

A seasoned diplomat, Lakhdar Brahimi, has held several high-profile positions during his tenure at the United Nations.

Google has paid $22.5m to settle a privacy case with the US Federal Trade Commission (FTC) over cookies in Apple's Safari web browser.

Under the deal, South Sudan will pay around $10 per barrel in pipeline transit fees to Sudan.

Investors disappointed by ECB President Mario Draghi's press conference in Frankfurt as bond purchase programme remains dormant.

People of Newport in Sydney find humpback whale that washed up dead in a beach side swimming pool.

Far-right Golden Dawn party gives out free food in Athens' Syntagma Square - but only to Greeks with IDs proving their nationality.

Unnamed banks cooperate for lower fines in Euribor probe but IBTimes UK takes a look at why most banks would do this anyway to gain a discount on fines.

Spain's second recession in three years extends to the second quarter while the IMF say growth won't return until 2014.

Prime Minister Samaras is set to meet EU Commission President Thursday as Troika continues to doubt Greece's ability to get back on track with its promised reforms.

Citi also expects Britain to lose its AAA rating over the next two to three years due to the continued economic weakness.

It's all somewhat worrying when financial items in much of the world's media refer to "ESM bailout funds" as if the European Stability Mechanism were already well established and operating in Luxembourg. Initially hoped to be up and running by July 2012 after a final draft was agreed by Eurozone leaders in Brussels on 02 February 2012, the ratification process, progressing fairly well up to the Netherland's Queen Beatrix granting Royal Assent on 05 July with formal endorsement on...

EU could deliver huge fine to Microsoft for breaching antitrust law, as error prevents millions of Windows users from using their browser of choice.

The A-Z of the EU and ECB tool kit for building the bazooka-like firewall around the sovereign debt crisis

China is scheduled to its key economic data on Friday and any downside surprises in the data are likely to weigh on the commodity currencies, mainly the Australian dollar (AUD).

International Energy Agency warns of "nasty surprises" to oil prices if OPEC production quotas are obeyed.

The gang claimed to have sold 250,000 mobile phones which were never launched in the UK.

Peter Praet repeats call for deeper European integration at Lisbon conference.

Spain to be given extra year to comply with deficit targets as market indicates doubts over Eurogroup strategy