European Union

EU foreign ministers are marking the fifth anniversary of the annexation.

LONDON (AP) — Unemployment across the 17 countries that use the euro ended 2011 at a record high of one person in every 10, official figures showed Tuesday, a day after EU leaders acknowledged they would have to boost economic growth with the same urgency that they had shown in combating their nations’ debts...

LONDON (AP) — The euro has fallen below $1.30 for the first time since Jan. 12 amid ongoing concerns that last week’s summit of EU leaders has not gone far enough in fixing the currency. Europe’s single currency, which is used by 17 nations, has managed to hold its own for much of this year despite rising concerns over the level of government debt in a number of countries...

PARIS (AP) — Enthusiasm for riskier assets such as stocks and the euro faded Monday as investors worried that Europe’s new pact aimed at fixing the continent’s debt crisis would be insufficient. Markets had rallied on Friday, when the European Union adopted a new fiscal pact meant to prevent a repeat of the financial fiasco that is now sweeping across countries that use the euro...

NEW YORK (AP) — Oil prices wavered between small gains and losses Friday as the European Union moved closer to a plan that promises to fix the eurozone debt crisis. Benchmark crude rose 15 cents to $98.49 per barrel in New York. Brent crude, which is used to price foreign oil imported by some U...

Stocks rose broadly in morning trading Monday on hopes for a plan to restore long-term confidence in the euro. The Dow Jones industrial average jumped 140 points, led by banks. Italian bond yields dropped sharply after a new government there introduced new austerity measures aimed at restoring confidence in that country’s debt...

BERLIN (AP) — German Chancellor Angela Merkel pushed for stronger rules against overspending as the long-term answer to Europe’s debt crisis, saying fixes for the euro’s flaws need to be written into changes in the basic EU treaty...