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EU,US launch daunting new round of 'Open Skies' talks

EU,US launch daunting new round of 'Open Skies' talks

EU and US officials launched a second stage of talks Thursday aimed at improving transatlantic air travel, with the US team warning they could drag on into the next decade.

Eurozone growth a silver lining but clouds remain

The eurozone economy burst out of the doldrums in the first quarter thanks to an astonishing boom in Germany, official figures showed Thursday, but storm clouds still hover, analysts and officials warn.

EU issues Spain with final warning on Endesa takeover

The Commission has issued a final call to Spain to drop its restrictions on a foreign takeover of power company Endesa, warning that court action could ensue unless Madrid acts within a month.

EU and S Korea agree to speed up free trade talks

The EU and South Korea agreed Thursday to speed up talks on a free trade pact in the hope of finalising a deal this year, at the end of a fresh round of talks.

Eurozone inflation undesirably high at 3.3 pct: Almunia

Inflation in the eurozone is undesirably high at 3.3 per cent in April, EU Finance Commissioner Joaquin Almunia said on Tuesday.

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