InfoAnda - EU presidency blasts US recovery plans

Pakistanis angry over detentions in Times Sq. case
Monday, May 24, 2010
ISLAMABAD – Relatives of three men detained by Pakistan for alleged links to the suspect in the attempted Times Square bombing say the men are innocent.
They

Taiwan denies boycotting Australian film festival
Thursday, August 6, 2009

AFP - Thursday, August 6TAIPEI (AFP) - - Taiwan's Beijing-friendly government on Wednesday denied boycotting an Australian film festival amid a row over the e

Merkel's support dips, regional ally resigns International
Thursday, September 3, 2009

By Sarah Marsh and Noah Barkin

BERLIN (Reuters) - Chancellor Angela Merkel suffered a double blow on Thursday as a senior party ally in east German

Minister seeks closure of anti-Berlusconi websites
Wednesday, December 16, 2009
ROME (AFP) - – The Italian government moved Tuesday to close down Internet sites encouraging further violence against Prime Minister Silvio Berlusconi, who

Asian markets mixed after Wall Street rally
Wednesday, March 18, 2009

By ELAINE KURTENBACH,AP Business Writer AP - Wednesday, March 18SHANGHAI - Asia's stock market rally seemed to be running out of steam Wednesday, despite an

Yahoo! shuts down GeoCities | 27 October 2009
MLS: Kansas City unveils new $200M stadium with draw vs. Chicago | 10 June 2011
Japanese solar car leads race Down Under | 27 October 2009

Hangover gives Murphy headache at box office | Entertainment | | 15 June 2009

">Forum Views () ">Forum Replies ()

Read more with google mobile : EU presidency blasts US recovery plans

Yahoo! My Yahoo! Mail Yahoo! Search Search: Sign InNew User? Sign Up News Home - Help Navigation Primary Navigation Home Singapore Asia Pacific World Business Entertainment Sports Technology Top Stories Most Popular Secondary Navigation Search Search: EU presidency blasts US recovery plans AFP - Thursday, March 26 STRASBOURG (AFP) - - The European Union's Czech presidency blasted US plans to spend hundreds of billions of dollars to revive its economy as a "way to hell", before downplaying the remark to avert a diplomatic crisis. ADVERTISEMENT Outgoing Czech Prime Minister Mirek Topolanek told lawmakers at the European Parliament in Strasbourg that "the United States is not on the right path" with its costly plans to jump start the world's biggest economy. "All of these steps, their combination and their permanency is a way to hell. We need to read the history books," he said. Czech Vice Prime Minister Alexandr Vondra later sought to play down the comment, denying before journalists at a news conference at the parliament that Topolanek made the "hell" remark. An AFP check of the original recording found that Topolanek did indeed make the comment. Topolanek is seen at home as being deeply conservative on economic issues and has long opposed state intervention in the economy. He is due in any case to submit his resignation to President Vaclav Klaus later this week after his government was narrowly defeated in a no confidence vote on Tuesday. The incident cast a shadow over transatlantic economic relations just days ahead of a key G20 summit in London on April 2 where leaders from the biggest economic powers are supposed to tackle the global crisis. It also comes ahead of a summit between EU leaders and US President Barack Obama in Prague. The opportunity to host the US president was supposed to be the crowning moment of the Czech Republic's EU presidency, which has been overshadowed by the collapse of the government and marked by Klaus's open hostility to the EU. Concern has been expressed over the effect of a political vacuum at the head of the EU at a time of major crisis. The White House shrugged off Topolanek's comments as being for domestic consumption. "From what I can tell, the speaker has some domestic political problems that might speak more to what he was talking about," said White House spokesman Robert Gibbs in Washington. Officials said that Obama would go ahead with the Prague visit on April 4 and 5, despite the government's fall "The president considers his first meeting with the European Union to be an important opportunity to discuss transatlantic cooperation on a broad range of issues," said national security council spokesman Mike Hammer in Washington. EU leaders have repeatedly resisted calls to spend more to revive their economies from not only top US and IMF officials but also their increasingly worried publics. "Timothy Geithner, the American treasury secretary, has spoken of permanent action, which worried us" during the EU summit last week, said Topolanek. "He spoke of a stimulus campaign in the United States but I don't think that (such) a 'permanent' solution is a real solution," he added. The "biggest success" of the recent EU summit was "the refusal to go down that path," Topolanek said. "The United States are going to need cash to finance the measures they plan on taking and they'll do it by selling bonds," he said. "Is that going to bring back stability to the markets?" Washington is spending hundreds of billions of dollars to support its banking system and stimulate growth as it tries to drag the economy out of its deepest recession in decades. Meanwhile, the 27-nation European Union has committed to economic stimulus measures in 2009 and 2010 worth 400 billion euros (540 billion dollars), equivalent to 3.3 percent of the bloc's gross domestic product. The figure includes both national and EU level stimulus measures as well as automatic increases in social spending, such as unemployment benefits, which kick in when the economy weakens. Email Story IM Story Printable View Blog This Recommend this article Average (0 votes) Sign in to recommend this article » Most Recommended Stories » Enlarge Photo Czech Prime Minister Mirek Topolanek, whose country assumed the EU's rotating presidency for six months in January, prepares to address deputies at the European Parliament in Strasbourg, eastern France. The European Union's Czech presidency Wednesday blasted US plans to spend trillions of dollars to revive its economy as a "way to hell", before downplaying the remark to avert a diplomatic crisis. Most Popular – Top Stories Viewed Red meat raises death risk, white meat lowers it Scientists see asteroid hurtle to Earth British PM brushes off Chinese currency calls Papaua New Guinea forests reveal 56 new species Snacking during labour is OK, study finds View Complete List » Search: Home Singapore Asia Pacific World Business Entertainment Sports Technology Top Stories Most Popular Copyright © 2009 Yahoo! Southeast Asia Pte Ltd. (Co. Reg. No. 199700735D). All Rights Reserved. Privacy Policy - Terms of Service - Community - Intellectual Property Rights Policy - Help

Other News on Thursday, 26 March 2009
U.S. urges Iran to give access to jailed journalist | International |
U.N. urged to reject bar on defamation of religion | International |
Nintendo Wii shipments top 50 million since launch | Technology |
Former 3-D hobbyist captains Monsters vs. Aliens | Entertainment |
Kelly Clarkson, U2 lead U.S. album charts | Entertainment |
New York museum opens exhibit on credit crisis | Entertainment |
Jeremy Piven Broadway exit heads to arbitration | Entertainment |
So true: Spandau Ballet reform, announce tour | Entertainment |
Child star turned driver recalls own Slumdog past | Entertainment |
Violinist Bell: Yankee Doodle for Obamas was dandy | Entertainment |
Netanyahu pledges to pursue peace with Palestinians
NATO needs better Afghan coordination, Obama says | International |
North Korea readies missile, U.S. warns | International |
Israeli archaeologists find ancient bathhouse
Suspected U.S. drone kills four in northwest Pakistan | International |
Netanyahu: Israel is Palestinians' peace partner
Scientists see asteroid hurtle to Earth
US: Attacks rise south of Baghdad, fall nationwide
Taliban attacks get help from Pakistan: report | International |
UN chief wants 'substantial' stimulus at G20
Israel marks 30 years of peace with Egypt
U.N. atomic agency votes for new chief in risky world | International |
Clinton arrives in Mexico with US mea culpa on drug wars
Suspected US strike kills seven in Pakistan: officials
14 die in Russian bus accident: ministry | International |
Papaua New Guinea forests reveal 56 new species
Sudan's Bashir visits Egypt despite ICC warrant
Hamas says resumes prisoner swap talks with Israel | International |
US to unveil stronger rules against fraud: Geithner
Fidel Castro says brother did not fire old rebels | International |
AP IMPACT: It's fear that keeps Baghdad's peace
British PM brushes off Chinese currency calls
Young Indians say no thanks to American dream | International |
Rights group slams Israel use of white phosphorous
Danish prince celebrates new Colo. wind plants
Twitter to seek revenue from businesses | Technology |
US military deaths in Iraq war at 4,261
Last.fm to start charging some music users
Iran official on Iraq visit downplays US overture
Bill introduced to help ailing newspaper industry
Obama says NATO needs better Afghan coordination
Netflix links online DVD service to Facebook
Thirsty plants can Twitter for water with new device | Technology |
British pupils to get lessons on Twitter: report
Senate calls for Brazil to return boy to dad in NJ
Japan plans robo-nurses in five years: govt
Russian, Turkmen leaders vow work on energy deal
Nokia invests in mobile money firm Obopay
Clinton heads to Mexico armed with drug wars plan
EU parliament agrees to stop Le Pen
Baghdad envoy nominee optimistic on Iraqi security
UK must pry on data to block threats: ex-spy boss
Russian city mayor slain in office: official
Pro-Russia protest against US frigate in Sevastopol
Le Pen sparks Holocaust row at EU parliament
'Crucifix' killing in French pilgrimage town
Czech crisis has no impact on EU presidency: PM
Obama news conference slips in Nielsen ratings | Entertainment |
Rudd: Australia in Afghanistan for 'long haul'
U.S. says North Korea missile on launch pad
HBO serves up saccharine mush in Ladies Agency | Entertainment |
Dalai Lama envoy says China lying to Obama
NKorea places long-range missile on launch pad: US
NKorea believed to have placed missile on launch pad: Kyodo
Head of order started by Mother Teresa steps down
Jeremy Piven Broadway exit heads to arbitration
Malaysian PM's son-in-law to head party youth wing
China court accepts first milk scandal lawsuit: state media
Hanks set for new Hollywood toy story
S.Korea vice fin min says FX liquidity has improved
US official in rare talks with Myanmar regime
Seoul shares fall; N.Korea news, banks weigh
Japan, Ukraine PMs hail carbon deal
NZ current account deficit widens in Q4
Ariane chief decries China for satellite launch
IBM to shift 'large number' of US jobs to India
Singer Crespo accused of masturbating on plane
EU proposes extending duties on Chinese candles
Danger zone for `Grey's Anatomy' doctor
Nigeria 'politics behind scrapped Korea oil deal'
Penn lining up 'Three Stooges'
PetroChina profit falls 22 percent in 2008
Actress who played Winnie Cooper marries composer
British PM brushes off Chinese call to replace dollar
Hitler art to go on sale in Britain
China's ICBC says 2008 profit up 35.2 percent
U2 fills Barcelona stadium in just 54 minutes
List of cable TV's top 15 shows in Nielsen ratings
Former 3-D hobbyist captains "Monsters vs. Aliens"
Bali prepares for 'Nyepi' public holiday
New York museum opens exhibit on credit crisis
Child star turned driver recalls own "Slumdog" past
Iran to attend meeting on Afghanistan
Parents of imprisoned journalist plan Iran trip
UN says little progress made on key Gaza issues
Goods reappear in Zimbabwe shops
EU presidency blasts US recovery plans
Obama budget on the march through Congress
Climate speeds Japan's cherry blossom season
Envoy choice would shed his three stars in Kabul
Ice-jammed floodwaters, blizzard swamp N. Dakota
U.S. to blame for much of Mexican drug violence
Hope rising in US for national death penalty ban
Clinton: NKorea plan to fire missile 'provocative'
Thirsty plants can Twitter for water with new device
France 'Gallic Moan' proves answer to hard times
Last edition of Christian Science Monitor
Twitter to seek revenue from businesses
OnLive to stream videogames as online service
14 killed in Russian bus accident
Nintendo Wii shipments top 50 million since launch
Taiwan's Chen claims persecution as trial begins
China best-seller lashes "Mafia don" America
Australia defense dept probes illegal spying claim
Piven's Broadway exit heads to arbitration
China court upholds convictions in milk scandal
China upholds 2 tainted milk scandal convictions
Officials: Suicide attack kills 11 in NW Pakistan
Australia investigates spy agency over defence probe
China shares rebound on export rebate plan
Protesters in Thailand surround government seat
Taiwan dollar up in face of U.S. dollar weakness
Japan prepares crisis steps for NKorea missile
People of Athens fight for green space
Former AIG chief Greenberg criticizes bonuses
Adam Lambert hit all the right notes on `Idol'
Feuding villages' clash leaves 1 dead in China
Toyota to sell old Prius in hot hybrid battle
Former treasury secretary writing about meltdown
S.Korean won up 2.5 pct to hit 11-wk closing high
Obama news conference slips in Nielsen ratings
Unrest looms in Asia-Pacific amid financial crisis
Blacks 'hurting worse' in grim US economy: report
Chinese students head home to find jobs: report
US ballpark to sell 4,800-calorie burger
Asia to drive mobile broadband Internet access
EMI Music signs with Project Playlist
4 appeal sentences in China's tainted milk scandal
3 cops injured in shootout at Luciano's home
S.Korea to offer tax incentives to new car buyers
Mabius just not that into 'Ugly Betty' pairing
Piven's Broadway exit heads to arbitration
Bali shuts down for Day of Silence
Greece at new risk of being pushed off euro
Bodies of missing Tenn. mom, Jo Ann Bain, and daughter found
Female Breasts Are Bigger Than Ever
AMD Trinity Accelerated Processing Units Now in Volume Production
The Avengers (2012 film), made the second biggest opening- and single-day gross of all-time
AMD to Start Production of piledriver
Ivy Bridge Quad-Core, Four-Thread Desktop CPUs
Islamists Protest Lady Gaga's Concert in Indonesia
Japan Successfully Broadcasts an 8K Signal Over the Air
ECB boosts loans to 1 trillion Euro to stop credit crunch
Egypt : Mohammed Morsi won with 52 percent
What do you call 100,000 Frenchmen with their hands up
AMD Launches AMD Embedded R-Series APU Platform
Fed Should not Ignore Emerging Market Crisis
Fed casts shadow over India, emerging markets
Why are Chinese tourists so rude? A few insights

USD EUR - 1 year graph		BlogMeter 1.01