European Union In 2013

Croats began voting today in a parliamentary election, their first since joining the European Union in 2013, and the winner faces a tough task nurturing a fragile economic recovery and dealing with large numbers of migrants transiting the country.

Croatians vote in a general election Sunday as the nation faces an ongoing influx of refugees -- a crisis that rival political camps have tried to exploit, while lacking concrete policy pledges to kickstart the sluggish economy.

The eurozone is staring at another full year of recession in 2013 with unemployment likely to surge above the 20-million mark and France set to overshoot fiscal targets, the European Union (EU) warned today.

The European Union predicted Friday that the economy of the 17 member countries that use the euro will shrink again in 2013 even though it will see its fortunes improve in the second half of the year.

International bankers and finance ministers warned on Saturday that Europe's crisis was not over even though the euro currency is now stabilised, it will take years to overcome economic malaise and mass unemployment in Europe.

The European Central Bank warned of another gloomy year for the 17 European Union countries that use the euro, cutting its forecast for economic growth in 2013 from plus 0.5 per cent to minus 0.3 per cent. Even so, the bank left rates unchanged at its meeting Thursday, and ECB head Mario Draghi gave little sign he was leaning toward any more cuts t...

European Union leaders failed to reach agreement on Friday on a new seven-year budget for their troubled bloc, calling off talks in less than two days after most countries rejected deeper spending cuts demanded by Britain and its allies.

Croats began voting today in a parliamentary election, their first since joining the European Union in 2013, and the winner faces a tough task nurturing a fragile economic recovery and dealing with large numbers of migrants transiting the country.

Croatians vote in a general election Sunday as the nation faces an ongoing influx of refugees -- a crisis that rival political camps have tried to exploit, while lacking concrete policy pledges to kickstart the sluggish economy.

The eurozone is staring at another full year of recession in 2013 with unemployment likely to surge above the 20-million mark and France set to overshoot fiscal targets, the European Union (EU) warned today.

The European Union predicted Friday that the economy of the 17 member countries that use the euro will shrink again in 2013 even though it will see its fortunes improve in the second half of the year.

International bankers and finance ministers warned on Saturday that Europe's crisis was not over even though the euro currency is now stabilised, it will take years to overcome economic malaise and mass unemployment in Europe.

The European Central Bank warned of another gloomy year for the 17 European Union countries that use the euro, cutting its forecast for economic growth in 2013 from plus 0.5 per cent to minus 0.3 per cent. Even so, the bank left rates unchanged at its meeting Thursday, and ECB head Mario Draghi gave little sign he was leaning toward any more cuts t...

European Union leaders failed to reach agreement on Friday on a new seven-year budget for their troubled bloc, calling off talks in less than two days after most countries rejected deeper spending cuts demanded by Britain and its allies.