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The European Union

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  • *EU steps up sanctions vs Russia over Ukraine. The 28 leaders did agree to step up sanctions against Russia over separatist violence in eastern Ukraine shortly after Washington also tightened the screw.

  • EU leaders order tougher sanctions against Russia Wednesday, 16 Jul 2014 | 11:10 AM ET

    BRUSSELS— European Union leaders have ordered tougher sanctions against Russia because of its actions in Ukraine, asking the asked the European Investment Bank to sign no new financing agreements with Moscow.

  • CORRECTED-FACTBOX-Names in the frame for top EU jobs Wednesday, 16 Jul 2014 | 9:21 AM ET

    BRUSSELS, July 16- European Union leaders meet on Wednesday to discuss candidates for several top jobs in the 28- member union after the election of former Luxembourg Prime Minister Jean-Claude Juncker as president of the executive European Commission.

  • But Russian shares fell for the third straight session, with a 0.5 percent fall as investors worried that Russia may be hit by another wave of sanctions for its involvement in Ukraine when European Union leaders meet later in the day.

  • FACTBOX-Names in the frame for top EU jobs Wednesday, 16 Jul 2014 | 6:44 AM ET

    BRUSSELS, July 16- European Union leaders meet on Wednesday to discuss candidates for several top jobs in the 28- member union after the election of former Luxembourg Prime Minister Jean-Claude Juncker as president of the executive European Commission.

  • Is the EU too soft on Russia?     Wednesday, 16 Jul 2014 | 1:35 AM ET

    Riccardo Monti, president of the Italian Trade Agency, discusses the EU/Russia trading relationship and says that while the bloc should put pressure on Russia, it should be done in "a smart way".

  • BRUSSELS, July 16- European Union leaders meet on Wednesday to pick the bloc's new foreign policy chief after choosing Jean-Claude Juncker to head the executive European Commission, but it may take some weeks before other top EU jobs are finally carved up.

  • BRUSSELS, July 16- European Union leaders meet on Wednesday to pick the bloc's new foreign policy chief after choosing Jean-Claude Juncker to head the executive European Commission, but it may take some weeks before other top EU jobs are finally carved up.

  • EU's Juncker urges minimum wage in all EU countries Tuesday, 15 Jul 2014 | 5:09 AM ET

    STRASBOURG, France, July 15- Designated European Commission President Jean-Claude Juncker said on Tuesday he would work towards the introduction of a minimum social wage in each member state of the European Union.

  • BERLIN, July 14- Germany would benefit from a free trade agreement between the United States and the European Union but negotiations need to be held more transparently or no deal will be possible, German Finance Minister Wolfgang Schaeuble was quoted as saying.

  • 'Chlorine chicken' holds up major trade deal Monday, 14 Jul 2014 | 11:00 AM ET

    Food and environmental worries from Germany including chloro-chicken are souring free-trade talks between the U.S. and the EU.

  • LONDON, July 14- Iran's main oil tanker firm NITC will struggle for some time to call at European ports, get foreign insurance and overcome obstacles under western sanctions, even after a top court has annulled its blacklisted status in the European Union.

  • EU names Ukraine rebel leaders hit with sanctions Saturday, 12 Jul 2014 | 6:33 AM ET

    BRUSSELS, July 12- The European Union targeted Ukrainian separatist leader Aleksandr Borodai and 10 other rebels with travel bans and asset freezes on Saturday, avoiding fresh sanctions on Russian business to avoid antagonizing its main energy supplier.

  • BRUSSELS/ MOSCOW, July 11- The European Union sought to reassure Russia on Friday that a free-trade pact with Ukraine was not aimed at hurting Moscow but rejected calls to postpone its implementation, offering more talks instead.

  • MOSCOW, July 11- Russia urged the European Union on Friday to refrain from implementing a free-trade pact with Ukraine until Moscow's concerns over the agreement are addressed.

  • Tension for Europe's banking     Friday, 11 Jul 2014 | 9:47 AM ET

    CNBC's Steve Sedgwick provides insight to the potential default at Banco Espirito Santo, and real worries of a domino effect around the world.

  • China's growth near 7% level: Expert     Friday, 11 Jul 2014 | 8:48 AM ET

    John Rutledge, Safanad's chief investment strategist, discusses how China's economy is impacting U.S. markets.

  • Traders work on the floor of the New York Stock Exchange in New York.

    CNBC's Steve Sedgwick reports European shares pared losses as Banco Espirito Santo seeks to calm concerns over its capital position.

  • Remedies for a sluggish economy     Friday, 11 Jul 2014 | 7:09 AM ET

    Jurrien Timmer, Fidelity Investments, and Steve Miller, AIG non-executive chairman, provide perspective on what would likely relieve the global economic malaise. Also Timmer shares his outlook on the markets.

  • European markets trim losses     Friday, 11 Jul 2014 | 7:04 AM ET

    Europe shares regain footing and Portugal shares post gains, reports CNBC's Karen Tso, with the latest update on Portugal's Banco Espirito Santo.