European Union
International Organization
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'Job not done', Darling tells G20...banker payouts. And Belgian Finance Minister Didier Reynders said governments should be able to "intervene" in bonuses, and that EU countries should act together, as well as trying to get agreement from the US and others. US politicians... In this article: Alistair Darling, International Monetary Fund, European Union, UK, Pittsburgh, US, London, France, Recession, and Unemployment |
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Reuters | October 15, 2008
Belgium offers Iceland lifeline for Bank Kaupthing
...thousands of Belgians fear for their savings. "We are trying to see how we can help through an intervention of the IMF," Reynders told reporters on arrival at a European Union summit. "We are absolutely ready to guarantee the continuity...
In this article: Iceland, Belgium, Didier Reynders, Kaupthing Bank, IMF, Yves Leterme, and Reykjavik
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Yahoo! News | March 20, 2009
EU urges doubling of IMF funds, signals help for east (Reuters)
...ability to bail out countries that are struggling. The summit draft said the EU would propose at the Group of Twenty summit in London on April 2 that leaders agree to double IMF resources. Belgian Finance Minister Didier Reynders told...
In this article: EU, International Monetary Fund, Reuters, Brussels, U.S., Global recession, Tax, and Unemployment
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Agence France-Presse - wire feeds | September 13, 2008
EU finance ministers split over sales tax cuts
The European Union has long debated the merits of allowing such reduced value added tax rates, but efforts to change existing rules have stalled in the face of resistance, mainly from Germany but also from Austria and Denmark. "It's...
In this article: Tax, Didier Reynders, Peer Steinbrueck, and Berlin
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The Australian | April 26, 2009
BRIC nations offer IMF aid for power
...Netherlands. In an interview with Reuters, Belgian Finance Minister Didier Reynders said that the country should keep its seat on the IMF's 24-member governing board because European countries contributed heavily to the IMF. From here you...
In this article: International Monetary Fund, China, Brazil, India, Russia, Netherlands, World War II, and Australian Stock Exchange
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Reuters | March 19, 2009
EU to provide $75 bln to boost IMF- Belgian finmin
...boost IMF- Belgian finmin The European Union has agreed to contribute $75 billion to boosting the resources available to the International Monetary Fund, Belgian Finance Minister Didier Reynders said on Thursday. "We have agreed to boost...
In this article: Didier Reynders, International Monetary Fund, and Reuters
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Taipei Times | June 02, 2008
Inflation crashes euro ministers meet
Inflation crashes euro ministers meet SEARCHING FOR SOLUTIONS: A French suggestion that the EU cap value-added sales tax on fuel products has been rejected by the German and Dutch ministers Luxembourg Prime Minister Jean-Claude Juncker,...
In this article: Tax, Inflation, Jean-Claude Trichet, Frankfurt, EU, and Peer Steinbrueck
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Reuters | December 30, 2008
Belgium's Van Rompuy named PM after coalition deal
...Socialist Party. Van Rompuy will be the third prime minister since general elections in June 2007 in the linguistically divided country that is host to the main European Union institutions and to NATO. "I think we have a good...
In this article: Herman Van Rompuy, Fortis, Recession, Didier Reynders, Yves Leterme, Belgium, Allegation, Christian Democrat, and Supreme Court
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Times of London | October 13, 2008
Europe's leaders follow Brown plan to head off financial meltdown - Times Online
...should happen by Wednesday," Didier Reynders, the Belgian Finance Minister, said. EU leaders are expected to endorse the package in Brussels on Wednesday. The agreement stops well short of a central EU rescue fund that was floated by...
In this article: Gordon Brown, Europe, UK, London, Angela Merkel, Germany, France, and Brussels
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Reuters | October 15, 2008
Iceland cuts rates, Russia studies loan request
...in Iceland on Friday. "We are trying to see how we can help through an intervention of the IMF (International Monetary Fund)," Belgian Finance Minister Didier Reynders said on arrival at a European Union summit. Iceland is due to present...
In this article: Iceland, International Monetary Fund, Geir Haarde, Kaupthing Bank, Russia, Inflation, Moscow, Brussels, and Washington
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Description from Wikipedia:
The European Union (EU) is an economic and political union of 27 member states, located primarily in Europe. Committed to regional integration, the EU was established by the Treaty of Maastricht on 1 November 1993 upon the foundations of the pre-existing European Economic Community. With almost 500 million citizens, the EU combined generates an estimated 30% share (US$18.4 trillion in 2008) of the nominal gross world product and about 22% of the PPP gross world product.
The EU has developed a single market through a standardised system of laws which apply in all member states, ensuring the free movement of people, goods, services, and capital. It maintains common policies on trade, agriculture, fisheries and regional development. Sixteen member states have adopted a common currency, the euro, constituting the Eurozone. The EU has developed a limited role in foreign policy, having representation at the WTO, G8, G20 and at the UN. It enacts legislation in justice and home affairs, including the abolition of passport controls by an agreement between 25 member states which form the Schengen Area.
The EU originates from the European Coal and Steel Community formed among six countries in 1951 and the Treaty of Rome in 1957. Since then, the EU has evolved through a process of enlargement, while new policy areas have been added to the remit of its institutions.
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