European Commission President Jose Barroso called for the faster creation of a permanent-rescue fund and appealed to central bankers to use their powers as the ultimate line of defense against the debt crisis.
European Commission President Jose Barroso said U.K. Prime Minister David Cameron’s Conservative Party risks losing 2014 legislative elections in Europe as it gets outflanked by Britain’s nationalist party.
European Commission President Jose Barroso said euro-area rescue fund is now “ready” to use its expanded powers after Slovakia’s lawmakers backed the enhanced European Financial Stability Facility yesterday.
European Commission President Jose Barroso said he is close to proposing options on joint euro-area bond sales, putting officials in Brussels on a collision course with Germany over steps to contain the debt crisis.
Growing extremism across Europe requires political parties in favor of deeper European Union integration to make their case more vigorously in a bid to avoid EU election losses, the head of the bloc’s executive arm said.