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Posts Tagged ‘European Union’

April 13th, 2012 - 7:20 am § in News Of Economy

EU warns China to correct its trade imbalance

European Union accused the Chinese trade system and called it ‘unsustainable,’ and warns to take stringent step, if Chinese authority wouldn’t intervene in time. The outburst came as China’s trade surplus ballooned to $22.45billion in May, an increase of 73percent year earlier. T[...]

April 5th, 2012 - 5:59 am § in News Of Economy

Sarkozy-EU at loggerheads over France’s debt

The fire-brand rightwing president of France, Nicholas Sarkozy has struck a note of discord with The European Union quite early in his term. Monday saw him clash with EU finance ministers over the economic direction that France is seeking to take vis-a-vis the European bloc’s overall vision. H[...]

January 30th, 2012 - 6:39 am § in News Of Economy

Britons not happy with losing jobs to foreign workers

The Britons have been contemplating the fact that they are loosing most of their jobs to foreign workers. If you can just imagine all those dishwashers and day laborers in Britain, it will be clear to you. With various other European countries joining the European Union, it has become easier for cit[...]