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EU Says Portugal Needs About $114 Billion in Aid
GODOLLO, Hungary -- Europe's top financial officials said Friday that Portugal will need around euro80 billion ($114 billion) in rescue loans, but a tense election campaign in the debt-ridden country is set to complicate reaching a deal with opposing political parties. A full-fledged adjustment program should be in place...
EU to Apply Stress Tests on Its Nuclear Plants
BRUSSELS -- Shocked into action by Japan's atomic crisis, European energy officials agreed Tuesday to apply stress tests on nuclear power plants and Germany moved to switch off seven aging reactors - one of them permanently. The European Union's energy chief called for a reassessment of the 27-nation bloc's energy policy,...
US, Europe Intensify Efforts to Isolate Gadhafi
WASHINGTON -- The United States and European allies intensified efforts to isolate Libyan leader Moammar Gadhafi on Monday, redoubling demands for him to step down, questioning his mental state and warning that those who stay loyal to him risk losing their wealth and being prosecuted for human rights abuses. Europe, which...
Background on eu
Europe ( or ) is, by convention, one of the world's seven continents. Comprising the westernmost peninsula of Eurasia, Europe is generally 'divided' from Asia to its east by the watershed divides of the Ural and Caucasus Mountains, the Ural River, the Caspian and Black Seas, and the waterways connecting the Black and Aegean Seas.
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