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EU Offers A Big Break To Greece And Ireland

Posted 07.09.2011 | Business

BRUSSELS/ATHENS (By By John O'Donnell and Ingrid Melander) - The European Union is looking to lower interest rates on bailout loans to Greece an...

Ireland Expects Debt Restructuring Within Three Years, Report Says

Posted 07.08.2011 | Business

Ireland's government expects the country's debts will be restructured within the next three years, The Irish Mail on Sunday reported, citing an un...

Portugal Bailout Terms Are 'Severe,' EU Says

AP | By GABRIELE STEINHAUSER and BARRY HATTON | Posted 07.04.2011 | Business

LISBON, Portugal -- Portugal's bailout terms are 'severe' and no more lenient than those Greece and Ireland received, an EU official said Wednesday in...

Greece Debt Restructuring Would Be A Disaster, Officials Warn

Posted 07.03.2011 | Business

ATHENS/LISBON (By George Georgiopoulos and Andrei Khalip) - Greece insisted on Tuesday any restructuring of its debts would be a disaster for the ...

EU: Greece Debt Restructuring 'Not Part Of Our Strategy'

Posted 07.02.2011 | Business

BRUSSELS (AP) -- The EU's top economic affairs official says a restructuring of Greece's massive debt is not on the table. Monetary and Economic Af...

Libya -- Oil, Water, Gold Are the Real Issues

Gemma Godfrey | Posted 06.15.2011 | Business
Gemma Godfrey

The oil price has skyrocketed over the past few months and the finger often points to Libya and claims of supply disruptions have dominated the press. However, are these claims grounded in fact or are we watching yet another sentiment driven bubble?

Euro Falls After Moody's Further Downgrades Ireland

Posted 06.15.2011 | Business

DUBLIN (Padraic Halpin) - Moody's cut Ireland's sovereign rating by two notches to the verge of junk status on Friday and kept its outlook on nega...

EU Announces Huge Fines For Laundry Cartel

AP | By GABRIELE STEINHAUSER | Posted 06.13.2011 | Business

BRUSSELS -- European Union regulators on Wednesday fined consumer products companies Procter & Gamble and Unilever a total of euro315.2 million ($456 ...

EU Finance Ministers Urge Austerity Reforms As European Unions Protest

Posted 06.09.2011 | Business

GODOLLO, Hungary (Marton Dunai) - EU finance ministers on Saturday urged Portugal to commit to reforms and defended the region's austerity steps as ...

The 'Surprises' of the Japanese Crisis and the Investment Lessons to Learn

Gemma Godfrey | Posted 10.26.2011 | Business
Gemma Godfrey

Surprise consequences to the earthquake in Japan have revealed significant weaknesses in both the worlds of politics and business and from an investment point of view, there are lessons we can learn.

Europe's Contradictions on Iran Sanctions

Abraham H. Foxman | Posted 06.01.2011 | World
Abraham H. Foxman

"Sanctionable" is one of a few English words to have two contrary meanings: legally punishable and ethically approvable. The contradiction appears to translate well into three European languages: German, Italian and Spanish.

Gaddafi's Long Reach

Eric J. Weiner | Posted 05.25.2011 | Business
Eric J. Weiner

To the nations of Europe that have come to rely on oil and petrodollars from Moammar Gaddafi's nation, the destruction of what could be called Libya Inc. is likely to be the most painful blow.

Is France Capable of International Cooperation?

Georges Ugeux | Posted 05.25.2011 | World
Georges Ugeux

The Libyan situation has exposed something that those who operate in the international arena have always been worried about: France's inability to ent...

EU Bonds: Portugal Proving the Point & How You Can Profit

Gemma Godfrey | Posted 05.25.2011 | Business
Gemma Godfrey

Just what is at the root of the EU's troubles? And how do last week's events with Portugal exemplify the problem?

Privacy Regulators Urge 'Right To Be Forgotten' Online

Reuters | Posted 05.25.2011 | Technology

In the first sign of where Europe may be headed with its privacy regulations, the European Union announced this week that social networking sites and ...

EU Anti-Trust Against Publishers Setting eBook Prices...Is The US Next? | Posted 05.25.2011 | Books

On Tuesday 1 March, several publishing offices in Europe were raided by inspectors from the European Commission. "They burst in like cowboys" said Fra...

EU Considers Stress Tests For Nuclear Power Plants

AP | Posted 05.25.2011 | Green

BRUSSELS -- The European Union says it's considering stress tests for nuclear plants to find out whether they can withstand earthquakes or other emerg...

Simon Johnson:The 'Too Big To Fail' Battle Heats Up In Europe | SIMON JOHNSON | Posted 05.25.2011 | Business

Just when it seemed that the debate over banking was winding down -- with overwhelming victories on almost all dimensions for the people who run the w...

New Law Requires Sites To Have 'Explicit Consent' Before Tracking

The Huffington Post | Catharine Smith | Posted 05.25.2011 | Technology

Europe is cracking down on websites that monitor visitors' browsing activities. Starting May 25, a controversial new European law will require site...

Oil Prices Soar Again

AP | Posted 05.25.2011 | Business

(AP) Oil prices climbed to near $106 a barrel Monday as intense fighting between Libyan government forces and rebels appeared to be turning into a civ...

EU Regulators Raid European eBook Publishers

The Huffington Post | Zoe Triska | Posted 05.25.2011 | Books

EU antitrust regulators, working closely with Britain's OFT (Office of Fair Trading), inspected eBook publishers in several countries on Tuesday. The ...

Oxfam, Amnesty, FIDH call on EU urgent action to stop violence in Libya

Louis Belanger | Posted 05.25.2011 | Impact
Louis Belanger

As Libyan leader Muammar Gaddafi's brutal crackdown continues, the European Union must act swiftly to translate its statements into action, say three leading human rights and humanitarian organisations.

Google Faces New Antitrust Charges

AP | GABRIELE STEINHAUSER | Posted 05.25.2011 | Technology

BRUSSELS — A French creator of specialized search engines on Tuesday filed a new complaint with the European Union about alleged anticompetitive...

WikiLeaks Shows U.S. Manipulating 'The Political Dwarves Of Europe'

Der Spiegel | Posted 05.25.2011 | World

European Union politicians like to see themselves as having global reach. But the US would beg to differ, according to American diplomatic cables from...

What's Wrong With Cutting Taxes? | SIMON JOHNSON | Posted 05.25.2011 | Business

Vice President Dick Cheney said, loud and clear, in 2002: "Reagan proved deficits don't matter." He was right that Ronald Reagan showed the Republican...