German Chancellor Angela Merkel said Monday that Germany firmly opposes a trade probe initiated by the European Commission into imports of Chinese mobile telecommunications products.
The European Commission agreed on Wednesday to slap a hefty 47-percent punitive tariff on solar panels imported from China in an effort to save Europe's struggling photovoltaic industry, but the protective approach would only lead to an unintended disaster.
UN Secretary-General Ban Ki- moon met Monday with European Commission Vice President Olli Rehn on eurozone crisis.
Five years after the financial crisis broke out, the euro zone is still mired in economic stagnation or contraction, while most of others are recovering at various speeds.
After the Cyprus Crisis, some experts called for the euro zone to establish a banking union as soon as possible in order to rescue the bank directly, but Professor Markus Kerber, founder of the German think tank Europolis, said, to achieve this strategy, Europe should first clear up the larger problem banks, otherwise it will face hidden dangers.
German Finance Minister Wolfgang Schaeuble and his U.S. counterpart Jack Lew played down their different views on austerity on Tuesday while emphasizing shared commitment to growth and fiscal discipline.
The European anti-crisis way is the only solution for recovery, visiting Greek Foreign Minister Dimitris Avramopoulos said here on Thursday.
Top leaders of the European Union (EU) Thursday held broad talks on growth without making concrete decisions on the first day of the two-day spring summit in Brussels, against the backdrop of easing market pressure but rising unemployment rate.
The European Union on Monday strengthened its restrictive measures against the Democratic People's Republic of Korea, according to an official statement following an EU Foreign Affairs Council's meeting.
Chinese entrepreneurs will be boosted after an European Court of Justice ruling safeguarded their overseas rights and interests, according to China's commercial authorities on Tuesday.
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