European Union Seeks Power to Block Bilateral Energy Deals
BRUSSELS — The European Union’s executive arm announced plans on Wednesday aimed at stopping its countries from striking bilateral deals that cede too much power to oil and gas exporters like Russia....
View ArticleHigh and Low Finance: Lessons From Europe on Averting Disaster
Let’s hope so. A year ago, the world’s markets were watching Europe with rising fear. Some expected 2012 to be the year that the euro zone broke up. Germany did not want to pay to bail out its less...
View ArticleEurope Has Plan for Failed Banks, but Germany Isn’t Convinced
But Germany’s skepticism about giving authority to a group overseen by the European Commission, as well as other concerns, could bog the proposal down in months of rancorous negotiations. On Wednesday,...
View ArticleEurope Set to Impose Sanctions on Faroe Islands Over Herring
PARIS — The European Commission said on Tuesday that it was enacting tough trade sanctions against the Faroe Islands after the tiny North Atlantic territory unilaterally increased its herring quota....
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