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European Commission

How Banks Are Trying To Avoid Rate Rigging Fines

Reuters | Posted 09.29.2012 | Business

BRUSSELS, July 30 (Reuters) - Several banks under investigation for suspected euro rate-rigging have joined Deutsche Bank in giving information to E...

Rate-Rigging Could Become A Crime In The EU

AP | SLOBODAN LEKIC | Posted 09.24.2012 | Business

BRUSSELS (AP) — The European Union proposed Wednesday to make manipulating key global interest rates a criminal offence. European Com...

European Commission vs. Google: That's It? That's All You Got?

Eric K. Clemons | Posted 09.17.2012 | Technology
Eric K. Clemons

While Google's executives initially offered a frosty response in public to the European Commission's position on its anticompetitive behavior, in private they must be celebrating up and down Google headquarters.

Bank Settles Lending Rate Manipulation Claims

Reuters | Posted 08.27.2012 | Business

* Largest fine ever imposed by CFTC, UK's FSA * Emails show traders asked for rates to be moved * U.S. g...

Robin Hood Tax: Economic Justice

Leo W. Gerard | Posted 08.25.2012 | Business
Leo W. Gerard

The American Robin Hoods are seeking economic justice. They want Congress to resurrect the financial transactions tax. Britain, home of Robin Hood, already charges a form of it. Ten European Union countries plan to institute it. America needs it.

Eurozone Leaders Considering Closer Integration

Reuters | Posted 08.24.2012 | Business

* European leaders set to discuss banking union * Document details four "pillars" of economic union * Le...

Video Pushing STEM For Women Sparks Outrage

Posted 06.24.2012 | Science

What's the deal with women and STEM? Though women fill close to half the jobs in the U.S. economy, they hold less than 25 percent of jobs in scien...

Financial Professionals Break Rank, Support Speculation Tax

Sarah Anderson | Posted 08.21.2012 | Business
Sarah Anderson

It's important to remember that the financial industry is not monolithic. I was reminded of this over the past couple weeks as I worked to persuade financial professionals to come out in support of small taxes on trades of stocks, bonds, and derivatives.

Spain Lifts Ban on Hooker Advertising

Tony Phillips | Posted 08.12.2012 | Weird News
Tony Phillips

Those seem like sound ideas to me, but they might be beyond the reach of the various governments in those countries where, much to the chagrin of the European Central Bank, citizens do still have the right to vote.

Spain To Be Monitored After Bailout

Reuters | Posted 08.11.2012 | Business

* Relief rally over 100 billion euro package fizzles fast * All eyes on Greek election for next test in debt crisis ...

Biggest European Country So Far To Request Bailout

Reuters | Posted 08.08.2012 | Business

(Adds Spanish spokeswoman, background) * Sources-euro zone finance ministers to hold conference call Saturday * Stateme...

German Chancellor Interested In Possible Long-Term European Solution

AP | JUERGEN BAETZ | Posted 08.04.2012 | Business

BERLIN (AP) — German Chancellor Angela Merkel said Monday that she is open to establishing a European banking authority as a long-term solution to t...

Could A 'Fiscal Union' Save Europe?

Reuters | Posted 08.03.2012 | Business

* Germany wants big leap forward in euro integration * Spanish PM backs central budget authority for bloc * EU summit co...

New ILO Leadership Could Push For Better Economic Policies

Mark Weisbrot | Posted 07.29.2012 | World
Mark Weisbrot

Since Europe has by far the largest banking system in the world, the eurozone crisis is also a significant drag on growth and employment throughout most of the world, and could easily do more damage if it is not resolved.

Despite Elections, Austerity May Still Rule In Europe

AP | RAF CASERT | Posted 07.08.2012 | Business

BRUSSELS — Germany and the European Commission on Tuesday called on EU nations to stick to their agreed budget cuts despite mounting voter disco...

Europe Is Not a Lost Continent

Georges Ugeux | Posted 06.14.2012 | World
Georges Ugeux

Europe is not a lost continent, but a set of countries who are dealing with a crisis of confidence stemming from the awareness that its social system needs to be overhauled and modernized.

Bailout Talks Turning Into 'Playground Spat'

AP | GABRIELE STEINHAUSER | Posted 04.17.2012 | Business

BRUSSELS — Current plans to save Greece from financial collapse would still leave the country with debt far above the maximum level set by its i...

The World's Most Indebted Countries

24/7 Wall St. | Michael Sauter, Charles Stockdale, Ashley Allen | Posted 02.15.2012 | Business

From 24/7 Wall St.: The Greek government on Sunday agreed to drastic austerity measures in the hopes of securing a 130 billion euro bailout from inter...

The Punishment: Spain 'Very Likely' To Feel Some Of That EU Pain

Reuters | Posted 04.15.2012 | Business

* Sanctions against Spain "very likely" - EU officials * Delay in 2012 budget bad for confidence * Labour and financial ...

Debt-Ridden Greece Targets Tax Evaders In Aim To Recoup Funds

AP | By NICHOLAS PAPHITIS | Posted 01.23.2012 | Business

ATHENS, Greece -- Debt-crippled Greece has named some 4,000 alleged tax dodgers, including a former media magnate and a prominent entertainer, with th...

Fowl Play: Chicken Cage Confusion Indicates Larger European Policy Issues

AP | By RAF CASERT | Posted 01.11.2012 | Home

FLEURUS, Belgium -- When Eric Pierart takes in the chaotic wiggling of thousands of hens caged in his renovated barn, he's reminded of how tough it is...

Adventures in Hyperpolyglottery: Inside the Mind of Extreme Language Learners

Nataly Kelly | Posted 02.28.2012 | Books
Nataly Kelly

As it turns out, learning languages is easier -- and more pleasurable -- for some folks than for others. In fact, there is a group of individuals who find the process so enjoyable that they take it to another level entirely. They're known as hyperpolyglots.

Deutsche Boerse, NYSE Euronext Extend Merger Deadline Through March 31

Posted 12.28.2011 | Business

(LUKE JEFFS, Reuters) - Deutsche Boerse and NYSE Euronext have extended the deadline for completion of their planned merger to March 31 next year ...

German Chancellor Rejects EU Eurobond Proposal

AP | GEIR MOULSON | Posted 01.22.2012 | Business

BERLIN — German Chancellor Angela Merkel rejected a new push by the European Commission for bonds issued jointly by the 17 euro nations, saying ...

EU Executive To Propose New Bank Fee Regulations

Posted 11.21.2011 | Business

The European Union's executive will propose new rules for bank fees after failing to persuade the industry to make its charges more transparent, a...