WASHINGTON, March 30 (UPI) -- Obama's magic is fading fast, with the NATO summit likely to disappoint him on support in Afghanistan and the G20 meeting falling short of his hopes for a global stimulus package.

LONDON, March 29 (UPI) -- Britain's European allies say they can't support Prime Minister Gordon Brown's $2 trillion-plus "global new deal" fiscal stimulus proposal.

MADRID, Aug. 5 (UPI) -- Analysts have issued dire warnings about the state of banks in Spain, as many economic sectors have deteriorated, sources said.

Syria, Iran to boost electric cooperation; Spain accepts EU ruling on German energy takeover bid; Gazprom increases gas exports 26 percent in January

MADRID, March 31 (UPI) -- Spain must cut back on public spending to reduce the deficit and curb inflation, Economic Minister Pedro Solbes said Friday.

BRUSSELS, April 8 (UPI) -- Italy has been strongly urged by the European Union to shore up its rapidly deteriorating public finances with an "immediate change of policy."

LUXEMBOURG, Sept. 26 (UPI) -- The European Commission president is in damage control mode in the midst of a scandal involving millions of missing euros, a report said Friday.

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BRUSSELS, Dec. 4 (UPI) -- With exactly four weeks to go to the launch of the European Union's new single currency, the euro, is on track and will not be delayed, according to the monetar