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Latest Jean-Claude Juncker Stories

2009-09-05 08:01:22

Britain and France disagree on how to limit big bonuses for bankers, which both countries hold partially responsible for the financial crisis, analysts say. Finance ministers were meeting in London Saturday in a preparatory session for this month's Group of 20 summit in Pittsburgh, where a top agenda item will be huge bonuses given to investment bankers, the BBC reported. British Prime Minister Gordon Brown opened the meeting saying: Pay and bonuses cannot reward failure or encourage...

2009-03-21 06:55:07

The European Union says it will contribute an additional $102 billion to back the International Monetary Fund and extend more credit to Eastern Europe. European leaders meeting in Brussels Friday agreed to loan the IMF $102 billion and also agreed to a smaller $6.8 billion package of spending measures despite opposition from Germany, which insisted on adding conditions to make the costs lower, The International Herald Tribune reported. Meanwhile, the EU also moved to double the $34 billion...

2009-03-10 11:15:49

Sixteen European nations said they oppose U.S. President Barack Obama's push to increase stimulus spending in the European Union. The 16 euro-area ministers agreed that recent American appeals insisting that the Europeans make an additional budgetary effort to combat the effects of the crisis was not to our liking, Luxembourg's Prime Minister Jean-Claude Juncker said Monday following a meeting with financial leaders. We would not want to give the impression that we were considering...

2009-01-14 11:20:41

Eurozone leaders in France praised the group's ability to react forcefully during a crisis at an anniversary event celebrating the euro's first decade. We are playing an active role in the global economic crisis European Central Bank President Jean-Claude Trichet told members of the European Parliament in Strasbourg, France, the EU Observer reported Wednesday. We can be proud of the prompt response of Europe (to the crisis), he said. Acting President of the Eurozone Jean-Claude Juncker said...

2008-06-14 06:00:07

Text of report by independent German news agency ddp Cologne (ddp) - Even after the "no" vote of the Irish on the EU reform treaty of Lisbon, Luxembourg's Prime Minister Jean-Claude Juncker argues for continuing the ratification process. The heads of government agree on this, Juncker said on Saturday [14 June] on Deutschlandfunk. He would prefer to find a way out with "our Irish friends and colleagues" that would make it possible to have the treaty come into effect at some time. If this...

2006-02-14 05:12:53

By David Milliken and Paul Carrel BRUSSELS (Reuters) - European finance ministers got grim news on growth when Germany revealed on Tuesday that its economy screeched to a halt in the last three months of 2005, raising questions about a long-awaited recovery in Europe. Jean-Claude Juncker, who chaired the previous day's meeting of euro zone ministers, said economic output would also fall short of forecasts for the single currency zone as a whole in the fourth quarter and oil prices...

2005-09-10 05:40:20

By Jan Strupczewski MANCHESTER (Reuters) - The European Union urged the United States on Saturday to use less oil and kept the pressure up on oil companies to curb record prices that threaten to hit the euro zone's already sluggish economic growth. Oil giants Total and BP bowed to intense political pressure on Friday and cut petrol prices at the pump in France immediately to help ease the pain of surging fuel and energy bills for households and businesses. It was not immediately...

2005-09-10 05:19:40

By Jan Strupczewski MANCHESTER (Reuters) - The European Union urged the United States on Saturday to use less oil and kept the pressure up on oil companies to curb record prices that threaten to hit the euro zone's already sluggish economic growth. Oil giants Total and BP bowed to intense political pressure on Friday and cut petrol prices at the pump in France immediately to help ease the pain of surging fuel and energy bills for households and businesses. It was not immediately...

2005-09-10 04:31:15

MANCHESTER (Reuters) - The United States will come under pressure to use energy more efficiently at international financial meetings in Washington this month, a senior European Union official said on Saturday. Luxembourg Prime Minister Jean-Claude Juncker told reporters at a meeting of finance ministers in Manchester the United States had to improve its energy efficiency. Asked whether European ministers had agreed on a document on oil efficiency for the G7 meetings in Washington, he...

2005-07-10 13:04:56

By Carsten Lietz LUXEMBOURG (Reuters) - Luxembourg approved the European Union's constitution by a solid majority in a referendum on Sunday, but the charter's future was still in doubt after rejections in France and the Netherlands. The vote in the duchy of 465,000 people, which backed the constitution by 56.52 percent to 43.48 percent, averted the threat of Prime Minister Jean-Claude Juncker's resignation and is likely to boost his already considerable clout in the EU. He will stay on as...


Word of the Day
mallemaroking
  • Nautical, the visiting and carousing of sailors in the Greenland ships.
This word is apparently from a confusion of two similar Dutch words: 'mallemerok,' a foolish woman, and 'mallemok,' a name for some persons among the crew of a whaling vessel.