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NEWS
March 26, 1999 | CAROL J. WILLIAMS, TIMES STAFF WRITER
After all-night talks and emotional battles, leaders of the 15 European Union states endorsed an accord just after sunrise today that outlines a spending plan for the next seven years and eases the outsize burdens long carried by the group's richer countries.
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WORLD
November 24, 2012 | By Henry Chu, Los Angeles Times
LONDON - Divisions within the European Union were laid bare by two days of haggling between leaders over a new long-term spending plan that broke up Friday with no agreement, but plenty of hard feelings. Countries pushing for an increase in the EU's 2014-2020 budget, including France, ran into implacable resistance from dissenters led by Britain, which insists on a funding freeze at a time when many European nations are making steep spending cuts at home. The failure to reach a compromise pointed up the chronic difficulty of getting 27 member states to agree on anything and offered an embarrassing reminder of internal EU squabbling less than three weeks before the body is scheduled to accept the 2012 Nobel Peace Prize.
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WORLD
November 24, 2012 | By Henry Chu, Los Angeles Times
LONDON - Divisions within the European Union were laid bare by two days of haggling between leaders over a new long-term spending plan that broke up Friday with no agreement, but plenty of hard feelings. Countries pushing for an increase in the EU's 2014-2020 budget, including France, ran into implacable resistance from dissenters led by Britain, which insists on a funding freeze at a time when many European nations are making steep spending cuts at home. The failure to reach a compromise pointed up the chronic difficulty of getting 27 member states to agree on anything and offered an embarrassing reminder of internal EU squabbling less than three weeks before the body is scheduled to accept the 2012 Nobel Peace Prize.
NEWS
March 26, 1999 | CAROL J. WILLIAMS, TIMES STAFF WRITER
After all-night talks and emotional battles, leaders of the 15 European Union states endorsed an accord just after sunrise today that outlines a spending plan for the next seven years and eases the outsize burdens long carried by the group's richer countries.
WORLD
May 18, 2009 | Times Wire Reports
The European Union's budget chief was poised to become Lithuania's first female president after a landslide victory in a vote overshadowed by the Baltic country's ailing economy, preliminary official results showed. Dalia Grybauskaite, the EU budget commissioner and a karate black belt, had 69% of the vote with more than 95% of ballots counted. The election commission said the preliminary turnout was 51%, just enough to avoid a runoff. Social Democrat lawmaker Algirdas Butkevicius was a distant second with 12%, according to the partial results.
WORLD
June 18, 2005 | Tracy Wilkinson, Times Staff Writer
The leaders of 25 European countries failed Friday to agree on how to spend billions of dollars in the European Union's budget, dealing a final, devastating blow to a troubled summit and clouding the future of the continental alliance. The summit deadlocked in bitter dispute over subsidies, rebates and financial aid.
BUSINESS
September 24, 2002 | Bloomberg News, From Bloomberg News
European stocks swooned Monday on concerns that the narrow victory of Germany's Chancellor Gerhard Schroeder in Sunday's election will fail to spur economic growth in Europe's largest economy. Investors' uncertainty about the global political situation and the possibility of war with Iraq also continued to weigh on European markets, and a weak opening on Wall Street further dampened investors' spirits. The Dow Jones Stoxx 50 index--which tracks European blue chips--shed 3.
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