Iran says it will cut oil exports to more EU countries if they continue their hostile policies. After halting oil flow to Britain and France, Iran threatens to stop oil sales to other European Union member states if the EU continues its hostile policies. Iran’s Deputy Oil Minister Ahmad Qalebani on Monday hinted at the possibility of a halt in oil exports to Spain, the Netherlands, Greece, Germany,... 

Iran's Foreign Minister Ali Akbar Salehi Iran’s Foreign Minister Ali Akbar Salehi has expressed confidence that relations between Iran and Europe will be restored as the two sides are ‘complementary’ to each other. Neither European countries nor Iran can disregard the need for mutual cooperation because we are both complementary to each other, Salehi told reporters on the sidelines of... 

Iran’s decision to halt oil exports to some European Union member states has caused serious concern among major European consumers of Iranian crude such as Italy, Press TV reports. Tehran threatened to halt oil shipments to EU states after the bloc reached a decision on January 23 to ban Iranian oil imports for its members. The EU decision came after Washington imposed similar sanctions against... 

Greek pensioners protesting in Athens. In Greece, angry pensioners have once again taken to the streets in the capital Athens to protest against the government’s tough spending cuts. The pensioners gathered to express opposition with lawmakers’ decision to slash another 325 million euros in wages, pensions, and jobs, as demanded by the European Union and International Monetary Fund (IMF) in order... 

Protestors, some wearing Guy Fawkes masks, take part in a demonstration in Stockholm. Germany has delayed signing the ACTA treaty on intellectual property theft after its Justice Ministry voiced its concerns about the legislation. It is the fifth EU country to challenge approval of the debated treaty. ­The Justice Ministry said that the European Parliament should vote on ACTA before it is considered... 

Gendarme forces move toward protesters in Piata Universitatii square, Bucharest January 19, 2012. Romania’s Prime Minster Emil Boc has resigned following weeks of public protest against IMF-backed austerity measures amid the debt crisis sweeping the European Union. Announcing his resignation on Television on Monday, Boc said that he wanted to “defuse political and social tension” and... 

People take pictures of waves on a frozen sea in Constanta, 230 kilometres east from Bucharest, Romania on February 1, 2012 At least 223 people have died during a seven-day cold spell in eastern and central Europe where temperatures are expected to plummet even further over the weekend. Most of the victims are from the European Union’s poorest countries, including Ukraine with as many as 101... 

German Chancellor Angela Merkel Despite Beijing’s outright refusal to join the EU and US-sponsored unilateral sanctions on Iran’s oil industry, German Chancellor Angela Merkel has arranged a visit to China to convince the country to reduce Iranian oil import. A German government source told a news briefing on Tuesday that “It is in German interests that China does not raise its imports... 

European Union leaders are expected in Brussels for their first summit of the year in attempt to reconcile austerity with growth and to approve a permanent rescue fund for the crisis-hit eurozone. The half day summit on Monday is meant to focus on ways to generate growth and create jobs, while having more austere fiscal measures for nations with unsustainable levels of debt. The summit coincided with... 

Croatians voting in this weekend’s referendum have given the green light to the country’s accession to the European Union in July 2013. However with only 47 per cent of those eligible turning out to vote, enthusiasm for the initiative seems muted. With nearly all ballots counted, Croatia’s state referendum commission said that about 66 per cent of those who took part in the referendum answered... 

The EU will immediately ban new oil deals with Iran and implement a total boycott of Iranian oil in July 2012, under sanctions discussed by the 27 Foreign Ministers today. Sanctions could also target the activities of a number of Iranian companies, individuals and financial institutions, including the country’s central bank. British Foreign Secretary William Hague said the measure was part of... 

Anti-government protesters shout slogans in the Romania capital Bucharest on January 19, 2012. Romanian police have fired teargas canisters at demonstrators protesting against the government’s austerity measures in the Romanian capital Bucharest. On Thursday, the police arrested about 50 people, who allegedly threw bricks and bottles and other materials at them. Earlier on the day, thousands... 

JP Morgan's Chief Executive Officer, Jamie Dimon JP Morgan’s Chief Executive Officer, Jamie Dimon says Europe is the largest threat to the global economy, calling for a solution to the economic woes sourced from the continent. “We urgently need a solution. The longer the problem drags on, the less likely it is we get off lightly,” the CEO of one of the largest banks in the United States... 

The charismatic Marine Le Pen has campaigned hard against free trade and the European Union, and has pushed the party’s traditional tough line on crime and immigration. Marine Le Pen said she would balance France’s books if elected president by leaving the euro, slashing immigration, taxing imports and tapping the central bank for cheap loans instead of the debt markets. The National Front leader,... 

Protesters trample a burnt European Union flag during a demonstration in front of the EU Parliament and Committee headquarters in downtown Budapest, January 14, 2012. Thousands of Hungarians have protested against the European Union, urging their country to pull out from the bloc while Budapest seeks EU’s backing to evade insolvency. People gathered in front of the European Commission offices...