Monday, December 22, 2014 8:15 PM EST

European Union

The European Union (EU) is an economic and political union of 27 member states, located primarily in Europe. Committed to regional integration, the EU was established by the Treaty of Maastricht on 1 November 1993 upon the foundations of the European Communities.

Headlines Around the Web

EU ends sops for Indian textile, engineering exports

Dec 13, 2013 - The Times of India

EU fines banks record $2.3B over Libor

Dec 04, 2013 - CNN Money

G20, G33 seek better deal for farmers

Dec 03, 2013 - The Times of India

Ukrainians Are Caught Between East and West

Dec 03, 2013 - Business Week

Articles About European Union

Stephen Harper Prime Minister of Canada talks at a news conference
Canada Slaps Fresh Sanctions Against Russia: Product Specific Embargo May Bite Hard On Russia's Oil Exploration Sector

By IBTimes AU

Repeated sanctions are looking iike a testimony that previous sanctions were not effective. (3:01 pm)

MORE TOPICS: RUSSIA, UKRAINE

Smoke and sand are seen following an Israeli air strike in Gaza August 25, 2014.
Russia 'Planning' War in Israel Says Official; Putin Notes Rising Foreign Spy Activities

By IBTimes AU

Russia may be planning to ignite a war in Israel with the help of Hezbollah. A French official who refused to be named revealed the alleged plot. (12:41 pm)

MORE TOPICS: ISRAEL, RUSSIA

Russian President Vladimir Putin attends his annual end-of-year news conference in Moscow, December 18, 2014. The rouble edged lower against the dollar on Thursday, with traders saying Putin had offered few concrete measures at his end-of-year news confer
Experts Warn Russia Will Suffer From Recession In 2015 Due To Sanctions, But Putin Says It Won’t Intimidate Moscow

By IBTimes AU

After last week's fall of the Russian rouble, international economic experts are now predicting that Russia would undergo a recession in the coming year 2015 as more economic sanctions are imposed by the west. (10:53 am)

MORE TOPICS: MANUFACTURING, RUSSIA

Canada's Prime Minister Stephen Harper greets the Jewish community
Canada Urges European Union Not To Remove Hamas from Its Terror List: Israel Slams Pro Hamas EU Court Ruling

By IBTimes AU

Removing a terror group must be done after careful study and due diligence. (Dec 20)

MORE TOPICS: ISRAEL, COURT

Russian President Vladimir Putin listens to Indian Prime Minister Narendra Modi (not pictured) during their joint statements after their delegation level talks at Hyderabad House in New Delhi December 11, 2014. Modi told Putin on Thursday that Russia will
Putin Blames Russian Central Bank For Rouble Decline, Admits Lack Of Plan To Fix Economy

By IBTimes AU

Although Russian President Vladimir Putin has assured Russians that the country's economy would eventually recover, he admitted on Thursday in a news conference that he has no solution yet for the worsening crisis following the drastic decline of the rouble. (Dec 19)

MORE TOPICS: GERMANY, VOLKSWAGEN, RUSSIA, STORM, UKRAINE, INVESTMENT

Russian Prime Minister Dmitry Medvedev (R) chairs a meeting on economic issues in Moscow
Russian Prime Minister Meets Exporting Companies To Find Solutions To Falling Ruble

By IBTimes AU

The Russian currency, ruble, has been falling sharply. The depreciating currency has prompted the government and the central bank to take measures. (Dec 18)

MORE TOPICS: RUSSIA, DMITRY MEDVEDEV

Russian President Vladimir Putin At Russia's Far Eastern Gold Mining Center Of Magadan
Russia Wooing EU Right Wing Parties By Tapping Into Their Discontent Over Brussels Diktats

By IBTimes AU

The thinking that economic woes of Europe is an offshoot of Brussels rule is a good plank for Russia to forge a common cause. (Dec 16)

MORE TOPICS: GERMANY, RUSSIA, UKRAINE

Russian President Putin and US President Obama/Reuters File
3 Proofs Russia Will Retaliate Against Planned Economic Sanctions, Military Aid to Ukraine by U.S.

By IBTimes AU

As U.S. President Barack Obama mulls over the fresh round of economic sanctions against Russia and the military aid to Ukraine that the American Congress has recently approved, Russia is showing signs that it is ready to meet pressure with force. (Dec 16)

MORE TOPICS: BARACK OBAMA, NUCLEAR WEAPONS, RUSSIA, DMITRY MEDVEDEV, UKRAINE, AIDS

Russian Military Planes During The Kavkaz-2009 Strategic Military Exercise In Southern Russia
Russia Vs. World: Baltic States Armed and Ready Amid UK Warning Russia Could Cause Downing Of Passenger Jet

By IBTimes AU

Baltic states near Russian borders have boosted their military defences because of increased Russian military activity. (Dec 16)

MORE TOPICS: RUSSIA, POLAND, CLIMATE CHANGE, UKRAINE

An oil field is seen at sunrise near Bakersfield, California October 14, 2014. Brent crude hit a new four-year low on Wednesday before recovering to just under $85 a barrel, as faltering global growth curbed demand for fuel at a time of heavy oversupply.
More Pain For Russia As OPEC Cuts Forecast For Demand And Oil Prices Slide

By IBTimes AU

Russian economy is battling problems on multiple fronts that range from falling oil prices to depreciating currency. (Dec 12)

MORE TOPICS: CHINA, GDP, RUSSIA, OPEC