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Greece, Ukraine to dominate EU summit

Last Updated: Thursday, March 19, 2015, 11:16

Greece`s Prime Minister Alexis Tsipras will plead with European counterparts at a summit in Brussels Thursday to release vital funds to help his debt-laden country stave off a looming cash crunch.

Merkel eyes no sanctions decisions against Moscow at EU summit

Last Updated: Monday, March 16, 2015, 22:29

German Chancellor Angela Merkel said Monday that EU leaders would not decide on new economic sanctions against Russia over the Ukraine crisis at their summit this week, but could do so in June.

EU summit to discuss crisis-hit Russia, economic plan

Last Updated: Thursday, December 18, 2014, 09:47

EU leaders on Thursday will discuss tense relations with Russia and punishing sanctions imposed over Moscow`s actions in Ukraine at a summit led for the first time by Poland`s Kremlin-wary former premier Donald Tusk.

Angela Merkel says EU must be ready for treaty changes

Last Updated: Thursday, December 19, 2013, 02:37

German Chancellor Angela Merkel on Wednesday said European Union members must be open to treaty changes to strengthen joint economic governance in the 28-nation bloc.

US spying, immigration dominate EU summit

Last Updated: Saturday, October 26, 2013, 09:58

Top leaders of the European Union (EU) mainly focused on the US spying scandal and growing immigration concerns in the Mediterranean during a two-day summit that ended on Friday.

US spying row, immigration gatecrash EU summit

Last Updated: Thursday, October 24, 2013, 13:26

A row over US eavesdropping and European immigration are set to dominate an EU leaders` summit beginning in Brussels on Thursday, after a deadly shipwreck off Italy shocked the continent.

EU plans to remove banking secrecy to crackdown on tax evasion

Last Updated: Thursday, May 23, 2013, 13:49

The heads of state and government of the 27-nation EU, at a one-day summit in Brussels yesterday.

EU summit begins today; taxation, energy to remain top on agenda

Last Updated: Wednesday, May 22, 2013, 10:10

In all, officials have said that tax avoidance and evasion costs the EU around 1 trillion euros a year.

Big depositors at Bank of Cyprus could lose up to 60%

Last Updated: Sunday, March 31, 2013, 17:59

The central bank says 37.5 percent of holdings over 100,000 euros will become shares.

Cyprus eases some restrictions on banks: Report

Last Updated: Saturday, March 30, 2013, 12:14

Debit and credit cards can be used normally for domestic payments following the ease on transaction.

Cyprus banks re-open; cash withdrawals capped at $383

Last Updated: Thursday, March 28, 2013, 09:01

Among the capital controls, cash withdrawals will be limited to 300 euros (USD 383) per person each day.

EU gives Monday deadline to Cyprus for managing bailout

Last Updated: Thursday, March 21, 2013, 22:58

The near-bankrupt Cyprus has got the deadline of Monday from the European Union to raise the billions of euros for an international bailout or face the collapse of its financial system and likely exit from the euro currency zone.