Jose Barroso News
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The European Union’s top trade negotiator said he opposes excluding or carving out categories of goods from an agreement now being negotiated that would create the world’s largest trading region.
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European Commission President Jose Barroso said euro-area policymakers would oppose any efforts by trade partners to gain an economic advantage by weakening their currencies.
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European Commission President Jose Barroso said he’s “very confident” Italy will be able to leave the European Union’s excessive-deficit procedure after Enrico Letta pledged new measures to boost growth.
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The European Union said Italy’s payment of overdue bills to companies will be taken into account in the EU’s economic forecasts due tomorrow.
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Chancellor Angela Merkel’s allies in the German parliament condemned European Commission President Jose Barroso after he said austerity had reached its limits and should be eased to make way for growth.
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A German Finance Ministry official said that budget-cutting rules must allow for flexibility, opening a chink in Chancellor Angela Merkel’s austerity-first policy as the only course to rescue Europe from its debt crisis.
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As Greece lurched toward its first bailout in early 2010, the largest bank in Cyprus was stocking up on Greek bonds.
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Europe may accelerate a shift away from its austerity-first agenda this week as the new Italian government changes course and a German-Spanish investment pact underscores a renewed focus on combating record unemployment.
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Trade talks between the European Union and the U.S. won’t undermine essential protections for health and the environment, European Commission President Jose Barroso said.
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Ireland’s dash to the bailout exit door is turning into more of a stagger than a sprint.
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