Politics Jose Manuel Barroso


  • Crisis-ridden EU wins Nobel Peace Prize Friday, 12 Oct 2012 | 6:16 AM ET

    OSLO, Norway-- The European Union won the Nobel Peace Prize on Friday for promoting peace and democracy in Europe _ an honor that came as 27- nation bloc was struggling with its biggest crisis since it was created in the 1950 s.

  • Cyprus president seeks union backing on austerity Friday, 12 Oct 2012 | 3:19 AM ET

    NICOSIA, Cyprus-- Cyprus' president appealed to trade unions on Friday to rally behind tough austerity measures that the government wants to negotiate with potential creditors in return for a multibillion euro bailout loan to prop up the country's ailing banks and economy.

  • Barroso to Cypriots: Find bailout consensus Monday, 8 Oct 2012 | 6:25 AM ET

    NICOSIA, Cyprus-- EU Commission President Jose Manuel Barroso is urging political leaders in Cyprus to agree on austerity measures needed for a deal to bail out its ailing banks.

  • EU to present banking union blueprint at summit Saturday, 6 Oct 2012 | 6:50 AM ET

    VALLETTA, Malta-- EU Commission President Jose Manuel Barroso says a blueprint for a banking union and supervision of the banking system will be presented at the EU's October summit as part of measures to raise confidence in the euro currency.

  • By Jan Lopatka and Martin Santa. BRATISLAVA, Oct 5- Poor European Union states must fight hard to prevent richer members from cutting development aid for the rest of this decade or growth across the entire bloc could be undermined, the head of the EU executive said on Friday.

  • Ireland urges Europe to stand by bank aid pledge Wednesday, 3 Oct 2012 | 10:26 AM ET

    BRUSSELS, Oct 3- Ireland urged euro zone leaders on Wednesday to stick to a deal allowing the bloc's rescue fund to assist its ailing banks, in a move to head off threats that the agreement could be unwound.

  • BRUSSELS, Oct 3- European leaders have clearly agreed that the euro zone's rescue fund, the European Stability Mechanism, should be able to directly recapitalise banks once a supervisory mechanism has been put in place, the president of the European Commission said on Wednesday.

  • DIARY - Slovakia - to October 15, 2012 Monday, 1 Oct 2012 | 1:43 AM ET

    BRATISLAVA- The central bank to comment on preliminary July current account data. BRATISLAVA- The central bank to publish preliminary July and revised June current account data.

  • Europe Must Become Federation of States: EU's Barroso Wednesday, 12 Sep 2012 | 5:44 AM ET
    Jose Manuel Durao Barroso, President of the European Commission

    European Commission President Jose Manuel Barroso called for more European integration to help tackle the euro zone debt crisis in his State of the Union speech on Wednesday through the creation of a “federation of nation states”.

  • Barrosso Gives State of the Union Address Wednesday, 12 Sep 2012 | 3:00 AM ET
    Barrosso Gives State of the Union Address

    Jose Manuel Barrosso, president of the European Commission gives his State of the Union Address in Strasbourg.

  • Brussels Pushes For Wide ECB Powers Friday, 31 Aug 2012 | 1:53 AM ET
    EU building flags brussels

    The European Central Bank would be given sweeping authority over all 6,000 eurozone banks under a plan being drawn up by the European Commission, putting Brussels on a collision course with Germany and the ECB itself, which have urged a more decentralised first step towards “banking union”, the Financial Times Reports.

  • The Price of Sovereign Risk Tuesday, 17 Jul 2012 | 2:47 AM ET
    United Kingdom

    What did we think of European Commission President Jose Manuel Barroso’s comments last week on the UK and Europe?

  • Bank Recapitalization Inadequate Debt Crisis Solution? Thursday, 13 Oct 2011 | 6:54 AM ET

    Plans to force Europe’s banks to increase their equity capital to ensure they can withstand the worsening euro zone debt crisis and restore confidence in the sector have been met with criticism from analysts and business leaders, who fear the proposals will lead to dilution for shareholders and a further backlash.

  • Europeans Split on Financial Transaction Tax Wednesday, 28 Sep 2011 | 5:00 AM ET
    Jose Manuel Durao Barroso, President of the European Commission

    As European markets fell Wednesday immediately after European Commission President Jose Manuel Barroso confirmed plans for a financial transaction tax, the idea was met with scorn in some quarters.

  • Pressure on European Leaders Ahead of IMF Wednesday, 14 Sep 2011 | 7:27 AM ET

    Markets around the world have been waiting for decisions from euro zone leaders on greater fiscal integration and euro bonds since July.