http://www.eubusiness.com Latest business news about Finance and Economic and Monetary Affairs in the European Union daily 1 2007-01-02T13:22:44Z http://www.eubusiness.com/news-eu/1210424522.03 Malta's government pledged to slash its budget deficit to achieve a balance by 2010 as the new eurozone member officially opened its parliament on Saturday following March elections. No publisher eub2 Text and Picture Copyright 2008 AFP. All other Copyright 2008 EUbusiness Ltd. All rights reserved. This material is intended solely for personal use. Any other reproduction, publication or redistribution of this material without the written agreement of the copyright owner is strictly forbidden and any breach of copyright will be considered actionable. Finance Malta 2008-05-10T13:46:24Z News Item http://www.eubusiness.com/news-eu/1210354346.94 The Danish government expects to decide within two months on the date of a referendum on joining the eurozone, Prime Minister Anders Fogh Rasmussen said during a visit to Hungary on Friday. No publisher eub2 Text and Picture Copyright 2008 AFP. All other Copyright 2008 EUbusiness Ltd. All rights reserved. This material is intended solely for personal use. Any other reproduction, publication or redistribution of this material without the written agreement of the copyright owner is strictly forbidden and any breach of copyright will be considered actionable. Denmark Euro 2008-05-09T22:49:10Z News Item http://www.eubusiness.com/news-eu/1210342625.71 A majority of Danes are in favour of abolishing opt-outs that enable Denmark to remain outside the eurozone and the European Union's joint defence and judiciary cooperation, a poll published Friday suggested. No publisher eub2 Text and Picture Copyright 2008 AFP. All other Copyright 2008 EUbusiness Ltd. All rights reserved. This material is intended solely for personal use. Any other reproduction, publication or redistribution of this material without the written agreement of the copyright owner is strictly forbidden and any breach of copyright will be considered actionable. Denmark Euro 2008-05-09T17:00:56Z News Item http://www.eubusiness.com/news-eu/1210262522.45 An investment club in Finland that drew investments of some 100 million euros (154 million dollars) from around 10,000 people was a scam, police said on Thursday. No publisher eub2 Text and Picture Copyright 2008 AFP. All other Copyright 2008 EUbusiness Ltd. All rights reserved. This material is intended solely for personal use. Any other reproduction, publication or redistribution of this material without the written agreement of the copyright owner is strictly forbidden and any breach of copyright will be considered actionable. Finland Finance 2008-05-08T16:48:24Z News Item http://www.eubusiness.com/Finance/convergence-report.08 The European Commission concluded on 7 May 2008 that Slovakia meets the criteria for adopting the euro and made a proposal to the Council to this effect. The regular Convergence Report on euro readiness, adopted by the Commission, shows that the other nine countries with a so-called 'derogation' have made progress on the road to the single currency, but do not yet meet all the conditions for euro adoption. The Council of EU finance ministers (ECOFIN) will take the final decision on the adoption of the euro in Slovakia in July, after Parliament has given its opinion and EU heads of state and government have discussed the subject at their summit meeting in June. No publisher eub2 Euro 2008-05-07T15:56:24Z Link http://www.eubusiness.com/Euro/emu-euro-guide The euro is the single currency shared by 15 of the European Union's Member States - Belgium, Germany, Ireland, Spain, France, Italy, Luxembourg, the Netherlands, Austria, Portugal, Finland, Greece, Slovenia, Cyprus and Malta - which together make up the eurozone. Around 317 million EU citizens now use the euro as their currency. No publisher eub2 Euro 2008-05-07T15:50:50Z Guide http://www.eubusiness.com/news-eu/1210167122.5 EU policing of public finances in eurozone countries should be extended to include governments' broader economic management, the European Commission recommended on Wednesday as the euro's tenth birthday approaches. No publisher eub2 Text and Picture Copyright 2008 AFP. All other Copyright 2008 EUbusiness Ltd. All rights reserved. This material is intended solely for personal use. Any other reproduction, publication or redistribution of this material without the written agreement of the copyright owner is strictly forbidden and any breach of copyright will be considered actionable. Headline Euro 2008-05-07T15:57:48Z News Item http://www.eubusiness.com/news-eu/1210159921.75 The European Commission said on Wednesday that disciplinary deficit action should be lifted against Italy, Portugal, Slovakia and the Czech Republic, judging they have sufficiently improved their finances. No publisher eub2 Text and Picture Copyright 2008 AFP. All other Copyright 2008 EUbusiness Ltd. All rights reserved. This material is intended solely for personal use. Any other reproduction, publication or redistribution of this material without the written agreement of the copyright owner is strictly forbidden and any breach of copyright will be considered actionable. Commission Finance 2008-05-07T17:27:50Z News Item http://www.eubusiness.com/news-eu/1210070821.63 France is aiming to avoid conflict with Germany by keeping a low profile on the prickly issues of the euro's strength and the ECB as its presidency of the European Union approaches, French sources say. No publisher eub2 Text and Picture Copyright 2008 AFP. All other Copyright 2008 EUbusiness Ltd. All rights reserved. This material is intended solely for personal use. Any other reproduction, publication or redistribution of this material without the written agreement of the copyright owner is strictly forbidden and any breach of copyright will be considered actionable. Germany Finance European Council France 2008-05-06T15:34:14Z News Item http://www.eubusiness.com/news-eu/1209871023.28 With the eurozone approaching its 10th anniversary, the European Commission is to unveil proposals this week on improving management of the bloc, running the risk of reigniting a simmering debate that sharply divides member states. No publisher eub2 Text and Picture Copyright 2008 AFP. All other Copyright 2008 EUbusiness Ltd. All rights reserved. This material is intended solely for personal use. Any other reproduction, publication or redistribution of this material without the written agreement of the copyright owner is strictly forbidden and any breach of copyright will be considered actionable. Headline Finance Euro 2008-05-04T21:00:26Z News Item http://www.eubusiness.com/news-eu/1209751322.84 Visiting French Prime Minister Francois Fillon insisted in Washington Friday that the French and European economies are sound, but that the US economic slowdown will effect Europe's growth. No publisher eub2 Text and Picture Copyright 2008 AFP. All other Copyright 2008 EUbusiness Ltd. All rights reserved. This material is intended solely for personal use. Any other reproduction, publication or redistribution of this material without the written agreement of the copyright owner is strictly forbidden and any breach of copyright will be considered actionable. Finance 2008-05-02T21:57:23Z News Item http://www.eubusiness.com/Euro/emu-10 This umbrella project embraces a wide array of research activities to mark 10 years of Economic and Monetary Union (EMU). In May 2008, it will be 10 years since the final decision in May 1998 to move to the third and final stage of EMU - together with the decision on which Member States would participate – followed by the launch of the euro on 1 January 1999. The project has three dimensions: assessing the economic achievements of the euro area’s first decade; identifying current and future challenges; and developing policy proposals in response to those challenges. No publisher eub2 Finance Euro 2008-05-02T17:35:11Z Link http://www.eubusiness.com/news-eu/1209667622.3 Private sector firms will be offered the chance to put money into nearly two billion dollars' worth of projects in the Palestinian territories at an upcoming conference, its boss said Thursday. No publisher eub2 Text and Picture Copyright 2008 AFP. All other Copyright 2008 EUbusiness Ltd. All rights reserved. This material is intended solely for personal use. Any other reproduction, publication or redistribution of this material without the written agreement of the copyright owner is strictly forbidden and any breach of copyright will be considered actionable. Palestine Finance 2008-05-01T21:42:39Z News Item http://www.eubusiness.com/news-eu/1209566834.56 The European Commission is to recommend tightening EU rules against tax dodgers who stash their cash in offshore accounts, a senior official said. No publisher eub2 Text and Picture Copyright 2008 AFP. All other Copyright 2008 EUbusiness Ltd. All rights reserved. This material is intended solely for personal use. Any other reproduction, publication or redistribution of this material without the written agreement of the copyright owner is strictly forbidden and any breach of copyright will be considered actionable. Commission Headline3 Finance 2008-04-30T20:43:50Z News Item http://www.eubusiness.com/news-eu/1209550622.55 The Commission has approved a state-backed rescue for German bank WestLB, hit by its exposure to the US market for subprime home loans. No publisher eub2 Text and Picture Copyright 2008 AFP. All other Copyright 2008 EUbusiness Ltd. All rights reserved. This material is intended solely for personal use. Any other reproduction, publication or redistribution of this material without the written agreement of the copyright owner is strictly forbidden and any breach of copyright will be considered actionable. Germany Finance Competition Headline4 2008-04-30T20:43:34Z News Item