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EU carbon capture projects lost, says MEP
All European projects this year for the capture and storage of carbon dioxide, the greenhouse gas blamed for global warming, have fallen through, EU sources said on Thursday.
ECB sees eurozone economy shrinking in 2012, 2013
The eurozone economy is set to contract both this year and next year, but will return to growth in 2014, the European Central Bank predicted on Thursday.
Tit-for-tat, EU takes Argentina to WTO
The EU took Argentina to the World Trade Organization Thursday over what it said were import restrictions damaging to European business after Buenos Aires did the same over its bio-diesel exports.
EU to clamp down on tax evasion
EU governments lose a "scandalous" one trillion euros a year to tax dodgers and that has to stop now to prevent further damage to state finances and the economy, the European Commission said on Thursday.
Eurozone economy contracted 0.1% in Q3
The eurozone economy shrank 0.1 per cent in the third quarter, Eurostat said Thursday, confirming its original estimate that showed the 17-nation currency bloc had fallen back into recession.
South Korea's LG to appeal European fine for price-fixing
LG Electronics vowed on Thursday to appeal against a European Commission fine of nearly 500 million euros for price-fixing, calling the penalty unfair and discriminatory.
Argentina files trade complaints against US, EU
Argentina has filed complaints with the World Trade Organization charging the United States with erecting trade barriers against beef and lemons, and the European Union with protectionist measures against its biodiesel.
Exasperated EU moves towards reintroducing Balkan visas
Exasperated EU states have made progress in moves to allow some members such as Germany to reintroduce visas for Balkan EU candidate nations so as to curb soaring unfounded asylum requests.
Brussels looks to upgrade copyright for digital economy
The European Commission on Wednesday said it had agreed how to move ahead in modernising copyright to protect authors and artists in the digital economy.
EU, US in 'global alliance' to hit web child sex
The European Union, the United States and a score of other countries have launched a "global alliance" to stamp out trade in online images and videos of child sexual abuse.
EU hits screen makers with record cartel fine
The European Commission has hit seven top TV and computer screen makers, including LG Electronics and Philips, with a record fine of EUR 1.5 bn for running decade-long price-fixing cartels.
Eurozone downturn may have hit 'nadir': Markit
Private sector business activity across the eurozone may have hit a three-and-a-half-year "nadir," the Purchasing Managers Index (PMI) survey showed on Tuesday.
EU approves Bayer's new long-term contraceptive
German drug maker Bayer said on Wednesday that European Union authorities had given the go-ahead for a new contraceptive which can prevent pregnancies for up to three years.
Euro crisis nations 'underperform' in corruption fight
Nations hardest hit by the eurozone debt crisis are being held back by an inability to get to grips with corruption, anti-graft watchdog Transparency International (TI) said on Wednesday.
EU clears extra two years for Greek deficit target
The European Union cleared on Tuesday an extra two years for Greece to bring its public deficit within formal EU limits, the latest piece of an Athens bailout jigsaw puzzle.
EU misses cost-cutting 'Single European Sky' deadline
EU Member States have missed a key deadline in a drive for a safer, cheaper, more climate-friendly "single" European sky, triggering warnings by Brussels of imminent legal action.
Flagship 'banking union' felled in growing EU clash
Plans to create a "banking union" across eurozone and European Union borders collapsed Tuesday amid intractable wrangling between Berlin, London and Paris.
London mayor calls for EU referendum
London Mayor Boris Johnson has called for a referendum on Britain's relationship with the European Union, in a speech to financiers urging a new trade-based arrangement with Brussels.
EU finance ministers divided on bank supervision
EU finance ministers engaged Tuesday in arduous talks aimed at setting up a new system for cross-border supervision of thousands of banks as sharp differences emerged between Berlin, London and Paris.
Greece launches debt buyback as Spain bank cash agreed
Greece launched Monday its bid to buy back privately held debt at a big discount, freeing eurozone finance ministers to nod through 39.5 billion euros to recapitalise Spain's banks next week.
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