co-presented by
ASSOCIATE SPONSORS
co-presented by
ASSOCIATE SPONSORS
Dozens of European and Asian leaders will gather in impoverished Laos today for a major summit set to be dominated by the eurozone debt crisis and growing territorial tensions in the region.
After a summer lull, the euro zone faces two months that will go a long way to dictate whether its debt crisis, now into a third year, will spiral out of control or finally be contained.
Jose Manuel Barroso, president, EU Commission tells CNBC-TV18's Shereen Bhan that he agrees the austerity measures imposed on the Greek people will be painful to pursue.
Top political leadership of European Union today met their Indian counterparts in Delhi at the 11th India-EU summit.
Deeper euro zone integration is necessary to face the challenges of the sovereign debt crisis, but the process must not create any divisions in the euro zone or the wider European Union, said the European Commission.
European shares rose and the euro pared losses on Wednesday after the head of the European Commission said it would soon present options for the introduction of euro area bonds, offering a glimmer of hope for an easing of the sovereign debt crisis.
European Commission President Jose Manuel Barroso warned Portugal on Monday that leaving the euro currency would be a "tragedy".
Turkmenistan and the European Union will explore ways to deliver natural gas from the world's fourth-largest reserves across the Caspian Sea, political leaders said on Saturday, stopping short of inking supply deals.
