Top News
EU moves to end state rail monopolies
In proposals likely to infuriate Germany, the Commission will this month urge an end to Europe's last rail monopolies and so open the lucrative passenger market to competition from 2019.
Juncker offers hope for help with legacy bank debt
Eurozone head Jean-Claude Juncker offers some hope that the eurozone's new rescue fund can help ease the burden on countries that had to bail-out banks before it became operational.
US urges Britain to keep strong voice in Europe
Britain is trying to play down embarrassing comments by its closest ally the United States expressing concern about London's plans to renegotiate its relationship with the EU.
Eurozone could emerge from crisis in 2013: S&P
The eurozone could emerge from its debt crisis this year, Standard & Poor's said in a report titled "The Eurozone Debt Crisis: 2013 Could Be A Watershed Year".
Eurozone contracts sharply end 2012, rebound mid-2013
The eurozone's recession likely sharpened at the of last year but the single currency zone will begin to rebound in the second quarter of this year, say forecasters at German, French and Italian agencies.
EU unveils cybercrime unit in bid to turn criminal tide
In a bid to seize the initiative from increasingly sophisticated online criminals, the European Union unveiled a new cybercrime centre on Wednesday.
British business leaders warn Cameron over risks of EU exit
Major British business figures warn Prime Minister David Cameron that the renegotiation of the country's relationship with Europe could risk its exit from the EU, with "damaging" consequences for the economy and businesses.
EU launches public consultation on sweetener aspartame
The EU's food safety agency on Tuesday launched a public consultation on its draft scientific opinion regarding the safety of the artificial sweetener aspartame.
Finland asks EU to probe France ship deal
Finland said Tuesday it has asked the European Commission to shed light on French state subsidies given to shipbuilder STX France to help it clinch a one billion-euro cruise ship order.
EU Investment Bank confirms EUR 10 bn capital boost
The European Investment Bank says its shareholders, the EU's 27 member states, have unanimously approved a 10 billion euro capital increase, as agreed by national leaders last year.
Euro unemployment hits 'unacceptable' high
European unemployment has hit an unacceptable high, as one national leader put it, with dire figures in Spain highlighting a growing north-south divide that experts warn will only get worse.
European retail sales edge up
Eurozone and EU retail sales edged up in November after a sharp fall in October as consumer confidence firmed slightly ahead of the Christmas holiday season, official data showed on Tuesday.
EU welcomes relaxation of bank capital buffer terms
The European Commission on Monday welcomed the agreement by top regulators to ease the burden on banks to increase their capital, a move which should also help the economy by providing more credit.
Britain's Cameron says wants to be PM until 2020
David Cameron said Sunday he wanted to serve as British prime minister until at least 2020 to oversee a range of reforms including a renegotiation of Britain's relationship with Europe.
US Google ruling has no impact on EU probe
The decision by US authorities to close down an 18-month anti-trust investigation into Internet giant Google has no bearing on what the EU will do with its own probe, the European Commission said Friday.
2013 sees cleaner trucks and buses across EU
Under new European Union rules to combat pollution, trucks and buses rolling off assembly lines this year will produce significantly less harmful exhaust fumes.
Greece to enact reforms tied to EU loans
Greece must enact a new batch of fiscal reforms in time to earn its next slice of EU loans later this month, Finance Minister Yannis Stournaras said on Friday.
Germany back to growth as December PMI raises hopes
Germany appeared set for a return to growth in December as wider eurozone business activity hit a nine-month high, a closely watched survey showed on Friday.
Relief for Google as US ends monopoly probe
US regulators have closed a lengthy antitrust probe into Google, saying there is not enough evidence to show the Internet giant manipulated its search results to harm its competitors.
Commission head says markets no longer see eurozone break-up
Investors no longer think there is a risk that the eurozone could break up, says European Commission President Jose Manuel Barroso, though the situation in Europe remains "difficult".


