For European banking union to succeed, all EU member countries need to be in agreement, Christine Lagarde, managing director of the International Monetary Fund, said on Tuesday.
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The euro zone’s top project to boost economic growth – banking union – will not be delayed for now by a row over whether it needs EU law changed because most of the work can be done before this is settled, a senior euro zone official said on Saturday.
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European Parliament President Martin Schulz announced today (4 April) that he will revive the ‘Union for the Mediterranean’, a now moribund initiative first launched in 2008 by the then French President Nicolas Sarkozy, during a parliamentary summit on 7 April in Marseille.
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The EU will put its controversial carbon tax on intercontinental airline flights on hold for a year to give time for international talks to reach a compromise on the issue, a European source said Thursday.
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How the linguistic standard of the presidential address has declined
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One of the most important historical documents of the 20th century appears to have gone missing offering the alarming possibility that the Soviet Union still exists, if only on paper.
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The EU will send a �5 billion aid package to Egypt to help rebuild the economy, it was announced Wednesday, in a deal finalised in Cairo between Egypt’s President Mohamed Morsi and the EU’s Foreign Policy Chief Catherine Ashton.
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The United States are set to remain united for the foreseeable future, after the White House issued a polite “no” in answer to calls for secession from parts of the South.
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Germany today escalated the global row over David Cameron’s plan to stage a referendum on Britain’s membership of the European Union, warning him against ‘blackmailing’ other member states.
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The Presidents of Russia, Belarus and Kazakhstan have ordered their governments to draft a treaty on a Eurasian Economic Union by next May, so that this treaty could be put into effect on January 1st 2015.
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