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Ukraine PM rejects Russia`s demand to pre-pay for gas

Last Updated: Tuesday, May 20, 2014, 23:59

Ukrainian PM Arseniy Yatsenyuk on Tuesday rejected Russia`s demand for Kiev to pay upfront for all its natural gas deliveries starting in June because of billions of dollars in debts.

EU leaders hold talks on growth

Last Updated: Friday, March 15, 2013, 11:58

Against the backdrop of easing market pressure but rising unemployment rate, top leaders of the European Union (EU) have held broad talks on growth without making concrete decisions on the first day of the two-day spring summit in Brussels.

EU summit to focus on growth, jobs

Last Updated: Thursday, March 14, 2013, 13:07

European Union (EU) leaders are scheduled to meet in Brussels Thursday and Friday to iron out measures to promote growth and create jobs in Europe which is still mired in the debt crisis.

US school shooting shocks EU leaders

Last Updated: Saturday, December 15, 2012, 11:57

Leaders of the European Union expressed their deep shock on the shooting incident in the US state of Connecticut killing at least 28 people.

EU leaders for single banking supervisor

Last Updated: Friday, October 19, 2012, 09:00

Europe is advancing towards single banking supervisor as the European Union leaders have agreed upon establishing a single banking supervisor for the euro zone, a news wire has reported.

Eurozone leaders agree on injecting capital directly into banks

Last Updated: Friday, June 29, 2012, 23:53

The EU leaders have also pledged to create a single banking supervisor for eurozone banks based around the ECB.

Britain not to fund EU bank bailouts

Last Updated: Sunday, June 03, 2012, 22:42

European officials are working on two sets of plans to address the crisis facing the European banking system.

Greeks seek elusive bailout deal as EU tempers fray

Last Updated: Wednesday, February 08, 2012, 08:44

Greek parties will try yet again on Wednesday to strike a reform deal in return for a new international rescue to avoid a chaotic default, after a string of delays which have prompted some EU leaders to warn that the eurozone can live without Athens.

EU leaders to agree on permanent bailout fund, balanced budget

Last Updated: Monday, January 30, 2012, 08:58

Until there is a deal between Greece and its private bondholders, EU leaders cannot move forward with a second, 130 billion euro rescue program for Athens, which they originally agreed to at a summit last October.

European Union leaders to meet on Jan 30

Last Updated: Wednesday, December 21, 2011, 10:08

European Union leaders will meet on January 30 next year, European Council President Herman Van Rompuy said on Tuesday as diplomatic negotiations began on a pact to tighten euro zone fiscal controls.

Europe seeks US, China quid pro quo at G20

Last Updated: Sunday, October 30, 2011, 13:35

At the G20 meeting in Cannes on Thursday and Friday EU leaders will meet up with the United States, China.

Euro zone strikes deal on second Greek package

Last Updated: Thursday, October 27, 2011, 08:54

Euro zone leaders struck a deal with private banks and insurers on Thursday for them to accept a 50 percent loss on holdings of Greek government bonds as part of a plan to lower Greece's debt burden and try to contain the two-year-old euro zone crisis.