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France and Italy plan to ask the European Union to put up another 14 billion euros ($18 billion) to create jobs for the 5 million young unemployed people, but face stiff opposition from Germany at a summit yesterday.

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                    [Title] => EU nations head into tough budget summit
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SPAIN AND ITALY

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abtest

European manufacturers getting more positive amid lower euro

By Pan Pylas | April 1, 2015 - 1:28pm

Enjoying the bonus offered by the much lower euro, manufacturers across much of the 19-country eurozone are hiring again. Greece's manufacturers though don't appear to be enjoying the fruits offered by a lower currency...

World

France, Italy seek more EU money to create jobs

By Colleen Barry | October 9, 2014 - 6:18am

France and Italy plan to ask the European Union to put up another 14 billion euros ($18 billion) to create jobs for the 5 million young unemployed people, but face stiff opposition from Germany at a summit yest...

World

EU nations head into tough budget summit

November 23, 2012 - 12:00am

Leaders from around Europe arrive in Brussels Thursday for what promises to be a turbulent summit on the budget for the 27-country European Union.

Business

EU nations head into tough budget summit

November 22, 2012 - 1:29pm

Leaders from around Europe arrive in Brussels Thursday for what promises to be a turbulent summit on the budget for the 27-country European Union. And for once, Britain will be at the heart of the debate.

World

After 3 bumpy years, Europe turns corner on crisis

November 12, 2012 - 12:00am

The worst of Europe’s financial crisis appears to be over.

Business

'European adjustment strategy starts delivering results'

August 24, 2012 - 11:00pm

Suffering years of pain, the reforms as well as the strengthening of economic governance and growth-enhancing measures taken at EU level have started to deliver results, except the special case of Greece, Klaus...

Stocks to enter consolidation phase

By Zinnia B. Dela Peña | August 13, 2012 - 12:00am

Local stocks will continue to exhibit a lackluster performance this week as traders express continued uncertainty about the near-term outlook for the European and US markets.

Business

China weighs on markets despite stimulus hope

August 10, 2012 - 6:34pm

  A round of weak Chinese economic figures that provided further evidence of a slowdown in the world's second largest economy weighed on global markets Friday.

Draghi wins 1 vs. Bundesbank; but it's not over

August 6, 2012 - 4:18am

When he announced the European Central Bank's latest plans to drive down borrowing costs crippling Spain and Italy, ECB President Mario Draghi showed he was willing to overrule one of the most influential members...

Spain unveils new savings plan in struggle to meet EU standard

August 5, 2012 - 1:00pm

As its latest move to rebalance strained public finances and a step toward meeting European Union's (EU) limit on deficit-to-GDP ratio, the Spanish government Friday announced a new belt-tightening plan that could...