AP - Prime Minister Vladimir Putin said Tuesday that Russia will respond calmly to an increase in NATO ships in the Black Sea in the aftermath of the short war with Georgia, but promised that "there will be an answer."
AP - European Union leaders warned Russia on Monday that talks on a wide-ranging political and economic agreement would be postponed unless Russian troops pull back from positions in Georgia.
AFP - Russian newspapers on Tuesday hailed a victory for Moscow after the European Union froze talks on closer ties until Russian troops withdraw from Georgia but stopped short of imposing economic sanctions.
AP - European Union leaders warned Russia on Monday that talks with on a wide-ranging political and economic agreement would be postponed unless Russian troops pull back from positions in Georgia.
AFP - The British finance minister has warned the country is facing "arguably the worst" economic downturn in 60 years and says it will be "more profound and long-lasting" than people had expected.
AFP - Britain is facing "arguably the worst" economic downturn in 60 years and it will be "more profound and long-lasting" than people had expected warned Alistair Darling, Chancellor of the Exchequer.
AFP - Inflation in the 15 countries sharing the euro came off record highs in August, offering an increasingly rare ray of light as the threat of recession looms, official EU data showed on Friday.
AP - Euro area inflation fell in August from a record high, offering some relief as economic confidence plunged to the lowest level in five years, the European Commission said Friday. -- read full article
Fri, 29 Aug 2008 11:07:15 GMT - Yahoo! News: Business - European Economy
AFP - German unemployment fell further in August, but the biggest European economy is flirting with recession and its job market will probably feel the effects later this year, analysts said Thursday.