Ukrainian President Volodymyr Zelenskiy calls on EU leaders to approve €5B for artillery shells and maintain pressure on Russia. He criticizes Hungary’s Viktor Orban for blocking key decisions. Watch the latest updates from the EU summit.
Jaishankar, who was in Germany during the weekend for the prestigious Munich Security Conference, arrived here on Monday to prepare the ground for Prime Minister Narendra Modi's planned visit for the India-EU summit here next month.
Prime Minister Theresa May said on Thursday it was right for EU leaders to discuss Brexit without her over dinner, setting a conciliatory tone before she updates them on Britain's preparations for leaving the bloc.
The ceremony had been pushed back from Thursday after French-speaking Wallonia, with just 3.6 million people, initially vetoed a deal affecting more than 500 million Europeans and 35 million Canadians.
EU leaders will hold a summit without Britain in Malta in early 2017 as part of efforts to map out a future for the bloc following the Brexit vote, Malta's prime minister said today.
A humiliated Prime Minister David Cameron came face-to-face with European colleagues for the first time since last week's vote at a Brussels summit which leaders said was "sad" but pragmatic.
The battle for BREXIT enters its second day today. British Prime Minister David Cameron has urged EU leaders to take a 'live and let live' policy in securing a deal to keep Britain in EU.
CNBC's Julia Chatterley reports on the leaked draft of the deal between the UK and the EU over membership as negotiations continue.
With its banks closed, cash withdrawals rationed and the economy in freefall, Greece has never been closer to a total state bankruptcy that would probably force it to print an alternative currency and leave the euro.
The plan stipulates that shareholders, bondholders and depositors with more than 100,000 euros should share the burden of saving a bank
Brent crude stayed above USD 93 per barrel on Thursday after rallying on an output cut by Norway and positive economic data from the United States, while investors eyed a summit of EU leaders that is unlikely to produce concrete measures to contain the bloc's protracted debt crisis.
Europe's debt crisis could again eclipse most other market factors Tuesday as traders count down to the European leaders summit later in the week.
Greek Prime Minister Antonis Samaras, who underwent eye surgery on Saturday, will not attend a summit of EU leaders on June 28-29, when Athens will seek to ease the punishing terms of its international bailout, a government spokesman said.
World shares and key commodities such as oil and copper gained for a second day on Tuesday on speculation that European leaders would agree on fresh action to tackle the region's debt crisis, and on reports China plans measures to boost sagging growth.
French President Francois Hollande said on Monday he wanted all options discussed to stimulate growth in Europe when EU leaders meet later this week, but declined to comment on his proposals to issue joint euro zone bonds to avoid upsetting partners.
Concerns about Europe's finances in the absence of a Greek debt deal pushed the euro off six-week highs and sent world stocks lower on Monday, with investors nervously awaiting the outcome of a European Union leaders summit.
Eurozone finance ministers will decide on Monday what terms of a Greek debt restructuring they are ready to accept as part of a second bailout package for Athens after negotiators for private creditors said they could not improve their offer.
Thomas Harr of Standard Chartered tells CNBC-TV18 that there is room for disappointment if EU leaders don’t come up with more tonight.
Investors await the final outcome of the European leaders' summit with lowered expectations, after Thursday's stream of disappointments out of Europe rattled markets.
Despite all ears being tuned for news from the euro zone, Andrew Holland, CEO — equities at Ambit Capital says the markets have begun losing its faith on the EU leaders. Holland further says commodity prices and the flagging rupee is hitting the Indian macros hard. "The fundamentals are too not supportive for a relief rally,"he adds.
Jeff Chowdhry Head of Emerging Market Equities, F&C Investments expects Europe's leaders to come up with more meat on the bones of the sovereign debt deal they are offering.
EU finance ministers outlined a deal on Saturday for recapitalising European banks, and the leaders of Germany and France said they hoped for a breakthrough in tackling the eurozone debt crisis at a summit on Wednesday.
As global markets pin hopes on a possible European debt rescue by EU leaders, Mark Edwards of T Rowe Price tells CNBC-TV18 that over the next three-four months, Europe may just amble along through some orderly default.
Tokyo stocks were marginally higher in early trade today after Wall Street staged a late rally amid hopes that EU leaders would act to aid weak banks.
EU leaders took a decisive step towards a comprehensive package to protect the euro at a summit on Friday, the European Union's monetary affairs commissioner said on Friday.