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Enrico Letta made his first trip abroad as Italy's new premier on Tuesday, visiting Germany in his bid to persuade European leaders to ease the pressure on his country to pursue painful austerity measures.Letta, who has pledged to turn his country's stalling economy around, was meeting German Chancellor Angela Merkel in Berlin late Tuesday, only hours after winning his final vote of approval by the Senate in Rome.Merkel, a strong advocate of structural reforms, spending cuts and deficit reduction across Europe, has been much criticized during Italy's election campaign for her tough stance.Newspapers and politicians — including some now backing Letta's coalition government — have accused outgoing Premier Mario Monti's government of being a mere stooge to "la Merkel" in Berlin.Analysts say Letta also seeks to reassure financial markets about his government's seriousness by working closely with Germany, Europe's biggest economy.However, Letta can expect little leniency from Merkel. The co...
Germany's finance minister is insisting that Europe can't spend its way out of its economic problems — digging in against mounting criticism of the continent's auste...
FBN’s Diane Macedo breaks down the stories moving the markets around the world.
The chief of the European Union's head office says he will not go to Ukraine during the European soccer championships in June unless there is a swift improvement in ...
The chief of the European Union's head office will not go to Ukraine during the June European Championships unless there is a swift improvement in the human rights s...
The European Union 's chief on Monday called for a halt to further expansion of the bloc after Romania and Bulgaria join, saying the EU had to resolve the stalemate ...
European Commission President Jose Manuel Barroso says Mideast peace is still a top priority, and it cannot become an "orphan" of the upheavals taking place in the A...
Four members of the European Parliament, on their way to study human rights in Western Sahara, have been denied entry to Morocco.They were headed for Laayoune, a cit...
For the first time in almost a decade, the blue-and-gold European Union flag is flying above Prague Castle. But there's already a movement to take it down.The new pr...
A Japan-European Union summit next week that was expected to initiate negotiations on a free trade agreement has been postponed due to the financial crisis in Cyprus...
Germany and three other European Union nations have called for a creation of mechanism to safeguard the bloc's fundamental values if a member country is seen as slid...
European Union officials are calling for a breakthrough in talks on the creation of a single supervisor for banks across the 27-country bloc.The finance ministers wi...
Rebels captured part of a sprawling Syrian army base outside the embattled northern city of Aleppo, tightening the opposition's grip on areas close to the Turkish bo...
EU Commission President Jose Manuel Barroso told Greece's new coalition government Thursday to "deliver, deliver, deliver" on promises for cost-cutting reforms, as t...
Germany's foreign minister is defending the policy of budget consolidation in a number of European countries despite a blunt warning from a top European Union offici...
Forbes opinion editor John Tamny on whether the U.S. is to blame for the European crisis.
Cyprus' president says he will ask the European Union to provide more help to the crisis-hit country, which has to pay for most of its 23 billion euro ($30 billion) ...
Cyprus' president said Friday that he will ask the European Union to provide more help for the crisis-hit country, which has to pay for most of its expected $30 bill...
It went beyond the Big Bang.Margaret Thatcher transformed the British economy over little more than a decade in office. She introduced free-market policies that help...
U.S. Treasury Secretary Jacob Lew is starting a series of meetings with key European Union leaders during his first official visit to the region.Lew is expected to u...
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