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News Tagged By: European Union

Oliver defends battle against EU over oil sands

While Canada and the European Union are currently in negotiations for a deal that could boost bilateral trade between the two regions by 20 percent and add $12 billion to the Canadian economy, the...
Brady Yauch, BNN.ca
Posted on 5-13-2013 at 10:24 AM
Tags: Euro, euro zone, European Union

Euro zone downturn points to deeper recession

The euro zone's business downturn dragged on in April, suggesting the region may be falling deeper into recession this quarter, business surveys showed on Monday.
Jonathan Cable, Reuters
Posted on 5-06-2013 at 7:23 AM
Tags: euro zone, European Central Bank (ECB), European Union

EU sees deeper euro zone recession in 2013

The euro zone economy will contract by more than expected this year and budget deficits will decline more slowly, the European Commission said on Friday as it set out forecasts for the next two years.
Jan Strupczewski, Reuters
Posted on 5-03-2013 at 7:32 AM
Tags: European Central Bank (ECB), European Union

ECB cuts rates to support flagging economy

The European Central Bank cut interest rates for the first time in 10 months on Thursday, promising to provide as much liquidity as euro zone banks need well into next year and to help smaller...
Eva Kuehnen, Reuters
Posted on 5-02-2013 at 7:24 AM
Tags: European Central Bank (ECB), European Union

European Union will survive: Tony Blair

Tony Blair, Former Prime Minister of the U.K., tells Howard Green the European Union can survive because there is political will to keep it in tact. He also says the downside risks on the euro are...
Jillian Glickman, BNN Producer
Posted on 5-01-2013 at 3:55 PM
Tags: European Union

Cyprus bailout scrapes through island's parliament

Cyprus's parliament approved an EU bailout on Tuesday which will force it to wind down its second-largest bank and impose heavy losses on uninsured depositors at another, conditions that have...
Michele Kambas, Reuters
Posted on 4-30-2013 at 1:43 PM
Tags: Cyprus, European Central Bank (ECB), European Union

Eurozone inflation falls, points to ECB rate cut

Inflation in the euro zone has fallen to a three-year low and unemployment hit a new record, cementing expectations of an interest rate cut by the European Central Bank later this week.
Robin Emmott, Reuters
Posted on 4-30-2013 at 7:14 AM
Tags: European Central Bank (ECB), European Union

Economic mood in euro zone sours again

Confidence in the euro zone's economy fell further in April, data showed, strengthening the case for a cut in interest rates this week by the European Central Bank.
Robin Emmott, Reuters
Posted on 4-29-2013 at 7:24 AM
Tags: Euro, euro zone, European Union

ECB gears up for rate cut, likely this week

The European Central Bank is likely to cut the main euro zone interest rate at its monthly meeting on Thursday as the bloc's economy has weakened further.
Reuters
Posted on 4-29-2013 at 10:58 AM
Tags: European Union, European Central Bank (ECB)

Euro zone sees light at end of tunnel, pitfalls remain

ANALYSIS: There are no calls for celebration, no desire to relax in the corridors of Brussels but some officials believe the euro zone has turned a corner, sharpening the focus on longer-term reforms...
John O'Donnell, Reuters
Posted on 4-26-2013 at 1:03 PM
Tags: Euro, euro zone, European Central Bank (ECB), European Union, Cyprus, Spain
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