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Eurozone faces recession throughout 2012
More bad news hit the eurozone on Thursday as EU data predicted recession throughout 2012, with a 0.3 per cent contraction compared to 0.5 per cent growth and a likely downturn in the previous November forecast.
EU approves new Greek bailout
Eurozone finance ministers in Brussels approved early on Tuesday a second bailout of Greece after six months of extremely tense discussions which exposed sharp divisions in Europe.
EU asks airlines emissions fee opponents for alternatives
Climate Commissioner Connie Hedegaard on Monday called on countries fighting an airlines carbon emissions fee to propose concrete action to fight climate change.
Social networks can't be forced to impose filters: EU court
Social networking websites cannot be forced to install filters preventing users from illegally sharing music and videos protected by copyright, the European Union's top court said on Thursday.
EU Parliament approves disputed Morocco farm trade deal
The European Parliament on Thursday approved a controversial agricultural and fisheries trade agreement with Morocco that has angered French and Spanish farmers.
EU to double investment in mansion-sized supercomputers
The EU is to double its investment in supercomputers, high-performance machines the size of a mansion that can cost more than 100 million euros each to build, the Commission said on Wednesday.
EU, US ink organic food deal
Food products classified as organic in the European Union or the United States can be sold as such in either region after a deal struck on Wednesday between the two major trading blocs.
Britain, France marked down in new EU economic report
The European Commission has issued its first report on EU economic imbalances, warning Britain and France of declining export performance but steering clear of criticising Germany.
Moody's cuts ratings, outlooks on nine EU countries
Moody's on Monday chopped the debt ratings of Italy, Spain and Portugal and put France, Britain and Austria on warning, saying they were increasingly vulnerable to the eurozone crisis.
Greece backs austerity measures as Athens burns
Greek lawmakers approved a new round of drastic austerity measures late Sunday after a long day of street battles between police and protesters left dozens injured and Athens buildings ablaze.
Eurozone stalls Greek cash aid despite austerity deal
Sceptical eurozone finance ministers refused Thursday to release a second bailout for Greece, despite a last-minute deal in Athens on austerity measures demanded by creditors.
EU agrees new rules to police derivatives market
EU government and parliament negotiators have struck a deal to impose new rules on the multi-trillion-euro derivatives market, an obscure instrument maligned for helping cause the global financial crisis.
EU urges governments to tighten breast implant controls
The European Commission urged governments on Thursday to tighten controls of medical devices after faulty French-made breast implants sparked a global health scare.
EU funding shortfall for ex-Soviet nuclear plants clean-up
The EU faces a shortfall of some 2.5 billion euros to complete de-commissioning of eight ex-Soviet nuclear plants in Bulgaria, Lithuania and Slovakia, says the European Court of Auditors.
IMF, EU trim Romania's growth forecast
The International Monetary Fund and the European Union on Sunday said they had trimmed Romania's 2012 growth forecast to 1.5-2.0 per cent, due to international economic turbulence.
Eurozone private sector rebounds: PMI survey
Eurozone private sector activity bounced back in January after four months of contraction, a key survey showed Friday, with notable increases in the two biggest economies, Germany and France.
Eurozone retail sales slip during key holiday period
Eurozone retail sales fell in the key run-up to Christmas, dropping 0.4 per cent in December compared with November, the European Union's data agency said on Friday.
EU signs orders for new Galileo space satellites
The EU on Thursday signed contracts with German and French engineering firms to build and launch another eight satellites for its Europe's Galileo geopositioning system.
WTO approves two-year trade waiver for Pakistan
The World Trade Organization has approved a waiver allowing 75 Pakistani products duty free access to European markets for two years to help textile exports after devastating floods in 2010.
EU blocks Deutsche Boerse, NYSE tie-up
The European Commission says it had "no alternative" but to veto a transatlantic tie-up of the Frankfurt and New York stock exchanges, a decision slammed in Germany as a "dark day" for Europe.
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