EU summit http://www.globalpost.com/taxonomy/term/20399/all en Euro crisis: a plan emerges http://www.globalpost.com/dispatches/globalpost-blogs/europa/euro-crisis-plan-emerges Europe's Big Three: Merkel, Sarkozy and Draghi call for fiscal union to check the euro zone debt crisis.<p><a href="http://www.globalpost.com/dispatches/globalpost-blogs/europa/euro-crisis-plan-emerges" target="_blank">read more</a></p> Angela Merkel EU summit euro zone crisis fiscal union Home Mario Draghi Nicolas Sarkozy France Europe Germany Europa GlobalPost Blogs Fri, 02 Dec 2011 12:28:36 +0000 Michael Goldfarb 5683123 at http://www.globalpost.com Euro zone crisis summit: the spinning begins http://www.globalpost.com/dispatches/globalpost-blogs/europa/euro-zone-crisis-summit-the-spinning-begins <div class="field field-type-text field-field-subhead"> <div class="field-items"> <div class="field-item odd"> Leaked reports, anonymous quotes and threats from Tory backbenchers fill the time while waiting for the leaders to make their decisions. </div> </div> </div> <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Michael Goldfarb </div> </div> </div> <!--paging_filter--><p> <br /> At the press conference following their meeting Monday, German Chancellor Angela Merkel and French President Nicolas Sarkozy were deliberately vague about their agreed plan for saving the single currency.</p> <p><a href="http://www.globalpost.com/dispatches/globalpost-blogs/europa/euro-zone-crisis-summit-the-spinning-begins" target="_blank">read more</a></p> budget deficit David Cameron debt EU summit euro zone crisis Home Merkel Sarkozy Von Rompuy France Europe Germany United Kingdom Europa GlobalPost Blogs Wed, 07 Dec 2011 14:15:00 +0000 Michael Goldfarb 5683559 at http://www.globalpost.com Europe agrees new fiscal union treaty - without UK http://www.globalpost.com/dispatch/news/regions/europe/111209/europe-agrees-new-fiscal-union-treaty-without-uk <p> After 10 hours of talks, all 17 countries that use the single currency and six others decided to negotiate a new agreement that will sit alongside the existing EU treaty.</p> <p><a href="http://www.globalpost.com/dispatch/news/regions/europe/111209/europe-agrees-new-fiscal-union-treaty-without-uk" target="_blank">read more</a></p> EU summit euro zone crisis Europe Debt Crisis European Union World Leaders Debt Crisis France Europe Germany Politics Global Economy United Kingdom Fri, 09 Dec 2011 12:37:00 +0000 Jessica Phelan 5683793 at http://www.globalpost.com Something extra from the European Summit for policy wonks and law students http://www.globalpost.com/dispatches/globalpost-blogs/europa/something-extra-the-european-summit-policy-wonks-and-law-students <div class="field field-type-text field-field-subhead"> <div class="field-items"> <div class="field-item odd"> Final communique hints at a way for Britain to still veto the EU treaty. </div> </div> </div> <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Michael Goldfarb </div> </div> </div> <!--paging_filter--><p> <br /> For euro wonks here is a link to the <a href="http://www.scribd.com/doc/75217104/Euro-Area-Leaders-Statement">final communique</a> from the European Summit. The leaders called for a &quot;new deal&quot; between euro area nations to be enshrined in &quot;ambitious rules &quot; that are legally binding.</p> <p> The key points:</p> <p> Annual structural deficit not to exceed 0.5% of nominal GDP</p> <p> Automatic &quot;consequences&quot; for euro zone nations whose deficits rise above 3% of GDP.</p> <p><a href="http://www.globalpost.com/dispatches/globalpost-blogs/europa/something-extra-the-european-summit-policy-wonks-and-law-students" target="_blank">read more</a></p> Britain EU summit euro zone crisis Europe United Kingdom Europa GlobalPost Blogs Fri, 09 Dec 2011 16:54:58 +0000 Michael Goldfarb 5683819 at http://www.globalpost.com American history day in Britain http://www.globalpost.com/dispatches/globalpost-blogs/europa/american-history-day-britain <div class="field field-type-text field-field-subhead"> <div class="field-items"> <div class="field-item odd"> British commentators see the ghost of Herbert Hoover in the outcome of the EU summit </div> </div> </div> <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Michael Goldfarb </div> </div> </div> <!--paging_filter--><p> It&#39;s American history week here in Britain. On the right and the left, the name of Herbert Hoover is being invoked.</p> <p> At the right-wing Daily Telegraph <a href="http://www.telegraph.co.uk/finance/financialcrisis/8949723/Merkels-Teutonic-summit-enshrines-Hooverism-in-EU-treaty-law.html">Ambrose Evans-Pritchard</a> rails against the tight rules on budget deficits and debts agreed at last week&#39;s EU summit in a piece headlined: &quot;Merkel&#39;s Teutonic summit enshrines Hooverism in EU treaty law.&quot; The sub-head of his piece says it all:</p> <p><a href="http://www.globalpost.com/dispatches/globalpost-blogs/europa/american-history-day-britain" target="_blank">read more</a></p> Ambrose Evans-Pritchard Daily Telegraph EU summit euro zone crisis Herbert Hoover Home Larry Elliott The Guardian Europe United Kingdom Europa Mon, 12 Dec 2011 12:18:22 +0000 Michael Goldfarb 5683943 at http://www.globalpost.com Finger pointing continues over Britain's "veto" http://www.globalpost.com/dispatches/globalpost-blogs/europa/finger-pointing-continues-over-britains-veto David Cameron continues to reap the whirlwind over his actions at last week's EU summit<p><a href="http://www.globalpost.com/dispatches/globalpost-blogs/europa/finger-pointing-continues-over-britains-veto" target="_blank">read more</a></p> David Cameron EU summit Home inflation Jose Manuel Barrosso unemployment Europe United Kingdom Europa GlobalPost Blogs Tue, 13 Dec 2011 12:17:45 +0000 Michael Goldfarb 5684088 at http://www.globalpost.com It's Europe, they do summits differently here http://www.globalpost.com/dispatches/globalpost-blogs/europe/its-europe-they-do-summits-differently-here <div class="field field-type-text field-field-subhead"> <div class="field-items"> <div class="field-item odd"> Leaders agree fiscal compact - details left for later </div> </div> </div> <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Michael Goldfarb </div> </div> </div> <!--paging_filter--><p> EU leaders met in Brussels yesterday. By their standards things went well. Contentious pre-summit issues were kicked aside - in this case, Germany did not push for the right to install a budget czar in Greece. Agreement was reached on a new fiscal compact for the euro zone, although the details of what was agreed were left for later. A lot of money was pledged, enough to make a person wonder where it will come from given how indebted many European governments are.</p> <p><a href="http://www.globalpost.com/dispatches/globalpost-blogs/europe/its-europe-they-do-summits-differently-here" target="_blank">read more</a></p> EU EU summit European Stability Mechanism fiscal compact Germany Greece Home Italy Regions unemployment Business Czech Republic Debt Crisis Europe Germany Italy United Kingdom On Europe Europa GlobalPost Blogs Tue, 31 Jan 2012 11:48:47 +0000 Michael Goldfarb 5689614 at http://www.globalpost.com Another bailout in Europe, this time for Cyprus http://www.globalpost.com/dispatch/news/business/120628/another-bailout-europe-time-cyprus Finland doesn’t get the white-hot attention Germany does, but it should because it could be the driving force behind a breakup of the Eurozone. And it fired another shot: It demanded collateral for its share of the billions of euros that Cyprus would receive from the bailout Troika. <p><a href="http://www.globalpost.com/dispatch/news/business/120628/another-bailout-europe-time-cyprus" target="_blank">read more</a></p> Cyprus EU summit euro zone debt crisis Business Debt Crisis Thu, 28 Jun 2012 18:59:00 +0000 Wolf Richter, Business Insider 5709850 at http://www.globalpost.com Europe's summit to end all summits http://www.globalpost.com/dispatch/news/regions/europe/120628/eu-summit-merkel-monti <p>BRUSSELS - The latest crucial summit to save the euro got under way Thursday with a heat wave gripping Brussels and dire warnings that the fate of the continent was hanging in the balance.</p> <p><a href="http://www.globalpost.com/dispatch/news/regions/europe/120628/eu-summit-merkel-monti" target="_blank">read more</a></p> BeNeLux EU summit Europe Germany Italy Thu, 28 Jun 2012 18:37:20 +0000 Paul Ames 5709867 at http://www.globalpost.com Euro summit: Merkel displeased by developments http://www.globalpost.com/dispatch/news/regions/europe/120628/euro-summit-merkel-germany <p>Not only is the German leader reportedly very unhappy with proposals on the summit table that call for euro bonds to share out Europe&#39;s debt burden. Her country&#39;s soccer team lost 2-1 to Italy.&nbsp;</p> <p><a href="http://www.globalpost.com/dispatch/news/regions/europe/120628/euro-summit-merkel-germany" target="_blank">read more</a></p> EU summit Europe Germany Thu, 28 Jun 2012 20:42:00 +0000 Paul Ames 5709912 at http://www.globalpost.com Did Merkel just get trounced? http://www.globalpost.com/dispatch/news/business/debt-crisis/120629/merkel-germany-eu-summit So far, investors have argued that German Chancellor Angela Merkel is the big loser at this week's EU summit, as new deals struck mean Germany will have to shell out more cash.<p><a href="http://www.globalpost.com/dispatch/news/business/debt-crisis/120629/merkel-germany-eu-summit" target="_blank">read more</a></p> Angela Merkel EU summit euro debt crisis Business Debt Crisis Europe Germany Fri, 29 Jun 2012 18:37:00 +0000 Simone Foxman, Business Insider 5710035 at http://www.globalpost.com EU summit is a watershed moment for Europe http://www.globalpost.com/dispatch/news/business/debt-crisis/120629/eu-summit-bank-bailout-europe Regardless of whether or not investors feel that EU leaders have done enough to adequately address growing concerns about the sustainability of Europe's economy, they have finally addressed short-term concerns about the shaky European economy. <p><a href="http://www.globalpost.com/dispatch/news/business/debt-crisis/120629/eu-summit-bank-bailout-europe" target="_blank">read more</a></p> BeNeLux EU summit Euro crisis Business Debt Crisis Europe Fri, 29 Jun 2012 20:38:00 +0000 Simone Foxman, Business Insider 5710046 at http://www.globalpost.com Netherlands and Finland may stunt EU Summit progress http://www.globalpost.com/dispatch/news/regions/europe/120702/netherlands-and-finland-stunt-eu-summit Fears about the imminent collapse of the European financial system appeared to have subsided somewhat since last week's EU summit — but there could be a big kink in this plan. <p><a href="http://www.globalpost.com/dispatch/news/regions/europe/120702/netherlands-and-finland-stunt-eu-summit" target="_blank">read more</a></p> EU summit euro zone Finland Netherlands World Leaders Business Debt Crisis Europe Politics Mon, 02 Jul 2012 20:26:00 +0000 Simone Foxman, Business Insider 5710329 at http://www.globalpost.com