PARIS: OECD MINISTERIAL MEETING
European Commissioner for Economic and Monetary Affairs Joaquin Almunia, from Spain, gives a press conference during the OECD Ministerial Council at the French Foreign Ministry in Paris May 23, 2006. Almunia said that Lithuania's decision to target 2009 as a date to adopt the euro is "realistic." Lithuania, which joined the European Union in 2004, was denied membership of the euro club because its inflation was not in line with a limit imposed on candidate countries. (UPI Photo/William Alix)
UPI Related News
LUXEMBOURG, Oct. 20 (UPI) -- European finance ministers said they were stunned by an estimate placing Greece's deficit at more than 10 percent of the country's gross domestic product.
BERLIN, Sept. 18 (UPI) -- European leaders have called for wide-reaching results at the upcoming Group of 20 summit in Pittsburgh.
BRUSSELS, Sept. 14 (UPI) -- European Union Economics Commissioner Joaquin Almunia said a slow, uncertain recovery was in store for the 27 members of the European bloc.
BRUSSELS, May 5 (UPI) -- The social fallout from unemployment triggered by the economic crisis in Europe could be explosive, Eurogroup Chairman Jean Claude Juncker says.
BRUSSELS, May 4 (UPI) -- European Commission analysts said the economy in the 16-member eurozone would contract by 4 percent in 2009, twice as fast as previously thought.
BRUSSELS, Feb. 17 (UPI) -- The European Commission's clout in dealing with ballooning deficits in France, Spain and Greece is nearly moot, an expert on the subject said.
BRATISLAVA, Slovakia, Dec. 30 (UPI) -- The first Central European state to adopt the euro, Slovakia, is poised to officially join the Eurozone Thursday, officials said.
MAD, Spain, Sept. 19 (UPI) -- European Union finance minister Joaquin Almunia said Europe should not employ the same bailout plan under consideration in the United States.
FRANKFURT, Germany, May 7 (UPI) -- The European Union's commission is celebrating the 10th anniversary of the euro currency with a bid to control the wages and economic strategy of the 27-nation bloc.
FRANKFURT, Germany, Oct. 26 (UPI) -- European capitals report feeling the autumn fallout from last summer’s U.S. credit crisis.