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The independent
| 8 months ago
Ambitious proposals for a federal Europe were spelt out yesterday by the European Commission President, Jose Manuel Barroso, in a controversial speech which argued that deeper political and fiscal union were the only ways of preventing future crises...
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BBC
| 8 months ago
But the Constitutional Court imposed conditions including a cap on Germany's contribution, which it said could only be overruled by the German parliament. Some 37,000 people had signed a petition to the court asking it to block the ESM, and make it...
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The Economic Times
| 8 months ago
Europe has cleared more key obstacles on the road to containing its sovereign debt crisis and stabilising the euro zone after Germany's constitutional court allowed a permanent bailout fund to go ahead. Coupled with a European Central Bank decision...
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Taiwan News
| 8 months ago
It was Super Wednesday _ a day dreaded by many in the European Union not so long ago...From ornately dressed judges in Germany to Dutch voters biking to polling stations and nervous traders on the stock floors, much went the way European Union...
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International Herald Tribune
| 8 months ago
To the European Central Bank 's existing duties bulwark against inflation, lender of last resort, ultimate guardian of the euro add another task: top cop for the euro zone's banking system. If the European Parliament and euro zone member states...
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Reuters
| 8 months ago
Topics A Euro currency sign is seen in front of the European Central Bank (ECB) headquarters in Frankfurt September 6, 2012. Europe has cleared more key obstacles on the road to containing its sovereign debt crisis and stabilizing the euro zone after...
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The Nation
| 8 months ago
Rejecting injunction requests from 37,000 plaintiffs seeking to block the treaties, the Constitutional Court said ratification of the European Stability Mechanism (ESM) could go ahead with the "proviso" that German liability be limited to ¤190...
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The independent
| 8 months ago
Germany's constitutional court today approved the ratification of a permanent rescue fund for crisis-hit eurozone countries in a landmark ruling which sought to defuse fierce opposition to the project by giving parliament the power to veto increases...
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Guardian Unlimited
| 8 months ago
Susana Vera/Reuters That's another hurdle cleared. The German constitutional court has delivered its verdict : it's a "yes" to the legality of the European Stability Mechanism (ESM), albeit with the heavy rider that the Bundestag can veto any...
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The Economic Times
| 8 months ago
With German Constitutional Court giving a go ahead to a bailout package to tackle Euro-zone crisis, its ambassador to India Michael Steiner today said the development would prove advantageous for India which should reform its key sectors to take...
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The Economic Times
| 8 months ago
European shares hit fresh highs on Wednesday as a ruling from a top German court paved the way for policymakers to take further steps to tackle the euro zone's debt crisis, although lingering worries over the economy pushed markets off intraday peaks.
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The Age
| 8 months ago
AFP THE Mario Draghi market rally that began a month and a half ago received a crucial boost late yesterday when Germany's highest court turned down a challenge to Germany's participation in a new, permanent bailout fund for Europe, the European...
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The Guardian
| 8 months ago
Jose Manuel Barroso said new states had to apply to become a member of the European Union. Photograph: Patrick Seeger/EPA Jose Manuel Barroso, the president of the European commission , has thrown fresh doubt on claims by Alex Salmond that an...
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United Press International
| 8 months ago
Members of the European Union must take advantage of their influence to ensure a new democratic Syria emerges from crisis, the bloc's president said. European Commission President Jose Manuel Barroso , during a state of the EU address, said the...
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Russia Today
| 8 months ago
Germany's top Constitutional Court has ruled that the 500 billion bailout is legal under German law, but analysts say it's too early to breathe a sigh of relief, because most points of friction between member-states are still in place. The highly...
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International Business Times
| 8 months ago
Germany 's Constitutional Court gave a green light on Wednesday for the country to ratify Europe's new bailout fund, boosting hopes that the single currency bloc is finally putting in place the tools to resolve its three-year old debt crisis. In an...
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Guardian Unlimited
| 8 months ago
Jose Manuel Barroso, president of the European commission, lined up behind Merkel for the first time with a radical rallying call at the European parliament, 12 September 2012. Photograph: Thierry Tronnel/ Thierry Tronnel/Corbis Germany 's political...
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Euractiv
| 8 months ago
Commenting on Barroso's proposals, Hannes Swoboda, president of the Socialists and Democrats group , said: "Barroso is committed to a European social model. That is good news, but now we want to see the specific measures to implement this. The...
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Turks and Caicos Free Press
| 8 months ago
U.S. prime money market funds added to their holdings of euro zone bank debt in August with some reduced worries about contagion from the debt crisis in the euro zone, a report from JPMorgan Securities released on Wednesday showed. Prime money market...
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BBC
| 8 months ago
EU chief Jose Manuel Barroso on the future of Europe 12 September 2012 Last updated at 11:15 ET EU Commission President Jose Manuel Barroso has said that the EU will remain "highly relevant" to the people of Europe for years to come. In a wide-...
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MarketWatch
| 8 months ago
European Central Bank President Mario Draghi has one shot to save Europe, writes Michael Casey. MarketWatch) Think of an old-fashioned horror movie in which the hero faces an approaching werewolf and is armed with one silver bullet in a gun that's...
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The Economic Times
| 8 months ago
Hopes the euro zone economy will regain a firm footing this year have ebbed away and economists polled by Reuters now expect a modest return to growth in 2013, helped by the region's financial firewalls coming into force. The results of the Reuters...
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Education News
| 8 months ago
Content Now that The New York Times pay wall is live, you only get 10 free clicks a month. For those worried about hitting their limit, we're taking a look through the paper each morning to find the stories that can make your clicks count. Top...
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International Business Times
| 8 months ago
Jose Manuel Barroso, President of the European Commission, delivered the following State of the Union 2012 speech during a session of the European Parliament in Strasbourg, France, on September 12, 2012 Share This Story 1. Analysis of the situation...
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The Courier-Mail
| 8 months ago
EU leaders and analysts have expressed relief and financial markets have lifted, with a German court clearing the way for the launch of a bailout fund and debt brake. The ruling has helped key parts of the EU debt crisis jigsaw fall into place after...
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International Business Times
| 8 months ago
The European Commission unveiled sweeping plans for the European Central Bank to supervise all euro zone banks on Wednesday, though Germany immediately raised objections that the proposals risked overstretching the ECB. European Commission President...
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AKI
| 8 months ago
European Union Commission president Jose Manuel Barroso on Wednesday said the EU needed to become a federation of states to deepen its politcal integration...This is our political horizon, he told the European Parliament in his annual 'state of the...
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Russia Today
| 8 months ago
German and French leaders are waiting for the Troika report on Greece's finances before they decide on granting the concessions sought by the Greek government. They have offered Greece a ray of hope stressing they want it to stay in the euro...The...
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The Economic Times
| 8 months ago
European Commission President Jose Manuel Barroso called on Wednesday for a full EU banking and budget union, key steps in anchoring the bloc's future as it fights the eurozone debt crisis. "Securing the stability of the euro is the most urgent...
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The Economic Times
| 8 months ago
The European Central Bank cannot be expected to oversee all banks in Europe, German Chancellor Angela Merkel said Wednesday, after the European Commission unveiled its plans for a banking union. "It's not about supervising every bank and in any case...
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The Economic Times
| 8 months ago
In search of "a new direction" for the crisis-hit European Union , its executive head Jose Manuel Barroso called on Wednesday for a quantum leap towards a form of United States of Europe...European Commission president Barroso told the European...
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The Globe & Mail
| 8 months ago
Euro zone File picture shows the map of Europe featured on the face of a two Euro coin seen in this photo illustration Reuters Euro zone Anshu Jain (R) and Juergen Fitschen, Co-Chairmen of the Management board and the Group Executive Committee of...
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Miami Herald
| 8 months ago
European Union officials are asking national governments to give up control of their banks as they try to pull the region closer together to solve its crippling financial crisis. In a proposal that represents one the most significant surrenders of...
