European official

• European Central Bank Official Discusses Surprise Resignation

FRANKFURT, Germany - A top European Central Bank official has publicly discussed the reasons for his surprise resignation, saying he is not satisfied with the direction Europe's currency union has taken. Juergen Stark said in an interview in Monday's edition of Germany's Wirtschaftswoche magazine that the ECB had done its job by keeping inflation under control across the eurozone, which it does through adjusting interest rates.

• Charleston Daily Mail
• December 20, 2011

• Mercy Corps' Top European Official Heads to Myanmar

To: NATIONAL EDITORS Contact: Joy Portella, +1-206.437.7885, jportella@sea.mercycorps.org, or Susan Laarman, +1-503-341-3799, slaar@imagina.com, both of Mercy Corps

• U.S. Newswire
• May 09, 2008

• European Union Investigates Organ Trafficking: ; Official's Memoir Alleges Ring Operated After Balkan War

RRIPE, Albania - Europe's top human rights watchdog is launching an inquiry into a bone-chilling allegation: That ethnic Albanian guerrillas might have kidnapped Serb civilians at the end of Kosovo's 1998-99 war, removed their organs and sold the body parts on the black market. A United Nations inquiry into the issue in 2004 proved inconclusive. So did a recent investigation by The Associated Press, which obtained U.N. and Serbian documents detailing what was uncovered at a farmhouse in remote north-central Albania: bloodstains, syringes, empty bottles of muscle relaxant, surgical gear and other material. The family living in the house in Rripe offers a plausible explanation for everything the investigators found.

• Sunday Gazette-Mail
• May 08, 2009

• Eu's Barnier Warns U.S. Not to Delay Dodd-Frank

WASHINGTON (Reuters) - The United States should not delay or weaken planned changes to the government oversight of financial markets, a top European official warned on Friday [June 3]. Officials on both sides of the Atlantic are engaging in regulatory gamesmanship, defending their efforts to implement changes, while noting that the other side must be as vigilant. U.S. and EU officials are pushing back against the idea that either will favor lax regulation as a way to attract capital and more financial services business to their shores.

• Reuters Hedgeworld
• June 05, 2011

• European Official Seeks Monetary Fund Position

From Associated Press, Bloomberg News and New York Times reports

• The Milwaukee Journal Sentinel
• March 22, 2004

• Business Briefs: Oct. 7

Regulators assessing European banks European regulators are examining whether banks on the continent have big enough buffers to sustain the worsening market turmoil, amid fears that a default by Greece could trigger another credit crunch and recession. One of the scenarios the European Banking Authority will look at in a new report on lenders' capital levels will be larger losses on Greek government bonds, a European official said Thursday.

• San Gabriel Valley Tribune
• October 07, 2011

• E.U.'S Barnier Warns Bankers Against Bumper Bonuses

BRUSSELS, Belgium (Reuters) - The top European official in charge of financial reform called on banks to behave "morally" when deciding bonuses and warned he will ensure new European Union rules that curb cash payouts are respected. I would call for moderation and responsibility," E.U. Commissioner Michel Barnier told journalists on Tuesday [Jan. 18] after a meeting of finance ministers to examine stress-testing banks' financial health. "We have 10 percent unemployment in the U.S. and Europe ... people are suffering. Banks have an obligation and responsibility ... banks need morality or ethics.

• Reuters Hedgeworld
• January 19, 2011

• Germany, France Scale Back Ambitions of Summit

BERLIN - German and French officials lowered expectations Wednesday for a deal to save the euro at this week's European summit, deflating investors' hopes for an imminent resolution to Europe's debt crisis. On the same day that German Chancellor Angela Merkel and French President Nicolas Sarkozy released the details of a plan for European nations to submit their economies to tighter scrutiny, a senior German official suggested a deal could be weeks away.

• Charleston Gazette
• December 08, 2011

• European Central Bank's Stark Discusses Surprise Resignation

FRANKFURT, Germany - A top European Central Bank official has publicly discussed the reasons for his surprise resignation, saying he is not satisfied with the direction Europe's currency union has taken. Juergen Stark said in an interview in today's edition of Germany's Wirtschaftswoche magazine that the ECB had done its job by keeping inflation under control across the eurozone, which it does through adjusting interest rates.

• Charleston Gazette
• December 20, 2011

• In New Partnership, Air France-KLM and Delta Are the Official Airlines of the European Travel Commission.

The Leading Hotels of the World Joins Campaign to Promote Travel to Europe NEW YORK -- Today in New York, executives from the European Travel Commis...

• Business Wire
• March 25, 2009