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Barroso said the response was a test of EU leaders' commitment to financial stability as they start their two-day summit in Brussels. Photo by BGNES
EC President Jose Manuel Barroso has called on eurozone countries to decide on help for the debt crisis in Greece.
Barroso said the response was a test of EU leaders' commitment to financial stability as they start their two-day summit in Brussels.
But Germany, the largest economy in the euro-zone, is blocking a last-minute meeting of eurozone leaders.
It wants the International Monetary Fund to play a key role, and sanctions for countries that break budget rules.
It is not formally on the summit agenda but Greece is on everybody's mind.
With German taxpayers fiercely opposed to bailing out the debt-ridden country, Chancellor Angela Merkel wants the IMF to take the lead in a joint package with the EU.
It would be the first time a eurozone country is rescued from Washington and some fear that would further weaken the euro.
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Brexit negotiations are on course to fail unless both Britain and the European Union ditch their winner-takes-all approach to the coming talks, the former president of the European commission José Manuel Barroso has said.
Bulgarian President Rosen Plevneliev will deliver a statement before the European Parliament on Wednesday.
In an article titled “Greece: Down and Probably Out”, Professor Steve Hanke argues that another Greek debt default is just around the corner.
"My English is quite good! With these English skills I spoke to Mr [Jean-Claude] Juncker and Mr [Jose Manuel] Barroso and I am the only MEP who secured EUR 10 M for his country.
Around 750 US Army tanks and other vehicles and military equipment are already in Latvia for the so-called "Operation Atlantic Resolve" exercises with NATO partners.
The European Commission has announced EUR 24.4M from the EU budget for urgently needed Ebola research.
CIA Director William Burns has issued a stark warning, asserting that Ukraine may face defeat in its war against Russia by the end of this year if the United States does not step up its military assistance
EU Commissioner for Home Affairs Ylva Johansson conducted an inspection of border control measures at Sofia Airport, marking a significant step in Bulgaria's accession to the Schengen Area by air
Romania is making strides toward joining the Visa Waiver Program, a significant milestone that would enable its citizens to travel to the United States visa-free for up to 90 days
More than 100 pro-Palestinian demonstrators were arrested Thursday night at Columbia University in New York City
A Russian airstrike on the city of Dnipro in central Ukraine has resulted in the loss of at least eight lives and left 21 individuals wounded
Ukraine's military announced the destruction of a Russian Tu-22 strategic bomber, allegedly involved in nighttime airstrikes targeting Ukrainian cities
UN Happiness Report: Bulgaria's Astonishing Leap in Rankings
Bulgaria: 3 Regions With Lowest Life Expectancy - EU Report 2022
