Herman Van Rompuy

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Croatia Joins EU

Former Yugoslav country is 28th member

(Newser) - Croatia held a midnight celebration as it officially joined the European Union this morning, 10 years after the country applied. It's "a great and joyful day for our homeland," said President Ivo Josipovic. The first deputy prime minister offered a bit more detail: "It's important... More »

EU Leaders Forge Emergency Debt Deal

Banks taking 50% haircut on Greek debt

(Newser) - European Union leaders have hammered out a deal they say will help resolve the eurozone's debt crisis. After talking late into the night, a "three-pronged deal" was reached that will see banks taking a 50% loss on Greek debt, AP reports. The eurozone and the International Monetary Fund... More »

Debt Crisis Could Slam Italy Next: Officials

European council calls emergency meeting

(Newser) - Top European officials scheduled a last-minute meeting today amid fears Italy would be the next country hit hard by the euro zone debt crisis. Though a rep for the European Council president says Italy isn’t on the agenda, other officials privately contradict him. Last Friday saw a 2.45%... More »

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