Van Rompuy News
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European Union President Herman Van Rompuy said overcoming youth unemployment is “the utmost priority today” and may be tackled by the 27-nation bloc’s leaders later this year.
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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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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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Cyprus’s decision to force losses on bank deposits doesn’t set a precedent for the rest of the euro region, European Union President Herman Van Rompuy said in an interview with De Zondag.
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Calling on the U.K. to lead and not leave, European Union President Herman Van Rompuy said Britain is damaging its own economic interests by weighing an unprecedented departure from the bloc.
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European stocks fell the most in a week, snapping the longest streak of gains in three months, as U.S. retail sales and consumer confidence unexpectedly dropped.
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European Union President Herman Van Rompuy said the euro is out of danger and called the 27-nation EU “still sexy” as policy makers negotiated the final touches of a bailout package for Cyprus.
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West Texas Intermediate crude fell to a one-month low after U.S. retail sales and consumer confidence declined, signaling lower fuel demand.
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The European Union is working to make tax systems around the world more fair as the 27-nation bloc moves to clamp down on tax evasion, European Commission President Jose Barroso will say today in a speech in New York.
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Cyprus President Nicos Anastasiades will seek an increase in the 10 billion-euro ($13.1 billion) bailout loan pledged by the euro area, a government official said.
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