In another move to strengthen the financial system, the Commission is proposing controls on credit rating agencies - private companies that evaluate financial risks for investors. more »
Monday 10 November saw a large report land on the desk of MEPs in the Budgetary Control Committee. more »
EU wants G20 meeting to pave the way for reform of the international financial system. more »
New Yorkers reflect on the election of Barack Obama as the 44th President of the United States. more »
The ability of the EU's common agriculture policy (CAP) to cope with the challenges of affordable food and climate change was discussed in Brussels 3-4 November. more »
European Union economic growth should be 1.4% in 2008, half what it was in 2007, and drop even more sharply in 2009 to 0.2% before recovering gradually to 1.1% in 2010 (1.2%, 0.1% and 0.9%, respectively, for the euro area). more »
There are an estimated 4-8 million immigrants working illegally in the European Union. more »
Hit by economic turmoil and the sharp global downturn, growth in the EU slows almost to a halt. more »
The top priority is to cushion the impact of the financial crisis on jobs, purchasing power and prosperity of EU citizens. more »
The International Monetary Fund has approved short-term financing to help emerging market economies weather the global financial storm. more »
European Union economic growth should be 1.4% in 2008, half what it was in 2007, and drop even more sharply in 2009 to 0.2% before recovering gradually to 1.1% in 2010 (1.2%, 0.1% and 0.9%, respectively, for the euro area).
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