European Union
(1st raw L-R) European Council President Herman Van Rompuy, Cypriot President Demetris Christofias, German Chancellor Angela Merkel, Romanian President Traian Basescu arrive for a family photo after a meeting of European Union leaders in Brussels on May 23, 2012. Europe's leaders are expected to shift their focus from austerity to growth at a summit Wednesday amid accelerating worries over Greece's eurozone future and Spain's troubled banks.
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Quotes
The European Union is still the biggest economic power in the world, with the biggest share of international trade
The European Union is, politically and economically speaking, more than just stable. We do have some problems in some southern European countries, but the euro is still overvalued
It is important to us to have the capacity to build a very good collaboration on a bilateral level, but also among the Tajik authorities and the European Union.More quotes »
Newsday's coverage
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U.S. futures follow Europe, Asia downward
U.S. stock futures are following European and Asian markets downward as policy makers argue over how best to spur growth. Dow Jones industrial average futures are sliding 71 points to 12,406. Standard & Poor's 500 index futures are down 8.1 points to 1,3 9:06 AM Read more »
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Europe's leaders to tackle growth at summit
(AP) -- The leaders of the 27 countries that make up the European Union are to meet in Brussels Wednesday to try and find a way to keep the debt crisis in Europe from spiraling out of control and promote jobs and growth.On Tuesday the Organization for Ec 3:12 AM Read more »
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World Bank says Europe, US might hurt Asian growth
(AP) -- East Asia's developing economies could face a shock from China 's slowdown and need to boost domestic demand to offset weak exports due to a sluggish U.S. recovery and Europe's debt crisis, the World Bank said Wednesday.Overall growth for East As 5/22/12 Read more »
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Aer Lingus welcomes UK court victory over Ryanair
(AP) -- Aer Lingus welcomed a court victory Tuesday that permits British authorities to keep investigating Ryanair over its ownership of a 30 percent stake in Aer Lingus, a sore point between Ireland's two major carriers.Ryanair sought to block the probe Read more »
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Stocks rally further in run-up to EU summit
(AP) -- Stocks advanced Tuesday ahead of a summit of European leaders that's expected to be dominated by calls to boost economic growth across the continent, though ongoing worries over the upcoming Greek election kept the rally in check.Europe remains t Read more »
