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Economy

The Latest: EU voices concerns over Italy's budget deficit

The European Commission has chastised Italy for a spending plan that will triple its deficit from what was previously agreed, calling the deviation "unprecedented in the history" of the EU's...

Oct 18, 2018

European and Asian leaders to boost ties, trade, security

After failing to reach a breakthrough on Britain's divorce terms from the European Union, EU leaders are rolling straight into another summit Thursday, this one aimed at forging closer links with Asia

Oct 18, 2018

The Latest: May says UK, EU need 'courage, trust' on Brexit

British Prime Minister Theresa May has told her 27 European Union counterparts that the U.K. and the EU both need to show "courage, trust and leadership" to settle their remaining differences and...

Oct 17, 2018

US criticizes EU for moving too slowly in trade talks

U.S. Secretary of Commerce Wilbur Ross is criticizing the EU for moving too slowly in trade talks and is warning that President Donald Trump's patience with the Europeans might soon run out

Oct 17, 2018

The Latest: Tusk says new thinking required in Brexit talks

European Council President Donald Tusk says new thinking is required to end the Brexit standoff and is likening the Irish border problem to the mythical Gordian Knot that cannot be untied.

Oct 16, 2018

Iceland seeks financial crash closure with last prosecution

Ten years after becoming one of the symbols of the 2008 global financial crisis, Iceland is still dealing with the aftermath

Oct 15, 2018