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Latest business news about EU law, legal issues and the European Court of Justice

Abu Hamza: Hook-handed radical preacher faces US extradition 05 October 2012, 17:32 CET
With his hooked hand and distinctive appearance, radical preacher Abu Hamza has the highest profile of the five men set to be extradited to the United States to face terror charges.

Banks must 'separate deposits from high-risk trades' 02 October 2012, 14:15 CET
Banks would have to separate consumer deposit-taking from high risk trading for the financial sector under EU reforms proposed by the governor of the Bank of Finland, unveiled Tuesday.

EU's banking chief rejects Basel regulators' criticism 01 October 2012, 16:20 CET
Europe's top banking chief launched a rebuttal on Monday to criticism by the industry's global supervisory authority that the EU is dragging its feet on protecting banks against a fresh financial crisis.

British computer expert bids to halt US extradition 04 October 2012, 17:44 CET
Babar Ahmad, a British computer expert accused by the United States of raising funds for terrorism, has launched a High Court bid to halt his extradition, the Judicial Office said on Monday.

EU police arrest two in Kosovo over warcrimes 27 September 2012, 14:29 CET
European police on Thursday arrested two people suspected of committing rape during the 1998-1999 Kosovo war, the European Union rule-of-law mission EULEX said in a press release.

Eurozone approves German Court conditions on ESM treaty 27 September 2012, 12:40 CET
Eurozone governments approved on Thursday a tweak to the treaty setting up the European Stability Mechanism, to take account of extra democratic controls sought by the German Constitutional Court.

British judge freezes Abu Hamza extradition 26 September 2012, 22:11 CET
A British judge on Wednesday halted the extradition of Abu Hamza to the United States on terror charges after the radical Islamist preacher lodged a last-ditch legal appeal.

Russia rules spy swap scientist was illegally detained 26 September 2012, 15:44 CET
Russia's Supreme Court on Wednesday ruled that a defence expert at the centre of a controversial US-Russian spy swap had been detained illegally, following a European Court of Human Rights judgement.

Radical cleric Abu Hamza in new British extradition appeal 26 September 2012, 15:40 CET
Radical Islamist Abu Hamza launched a last-minute legal appeal Wednesday in a British court against extradition to the US, after a European court ruled he could be handed over, an official said.

BBC apologises to queen over Abu Hamza story 25 September 2012, 17:05 CET
The BBC apologised to Britain's Queen Elizabeth II Tuesday after revealing that she raised concerns with a previous government about radical cleric Abu Hamza, who faces extradition to the United States.

Radical cleric Abu Hamza set for extradition to US 26 September 2012, 00:05 CET
Britain on Tuesday prepared to hand over radical Muslim preacher Abu Hamza to the United States on terrorism charges after the European Court of Human Rights rejected his final appeal.

Corruption in Bulgaria up to triple the EU average: study 26 September 2012, 21:39 CET
Corruption in Bulgaria is two to three times higher than the average inn the 27-member European Union, with some 150,000 bribes paid out on a monthly basis, a new report found Monday.

Abu Hamza extradition to US backed by Europe rights court 24 September 2012, 22:22 CET
Britain vowed Monday to hand over radical Muslim preacher Abu Hamza to the United States on terrorism charges as soon as possible after the European Court of Human Rights rejected his final appeal.

Ashton calls for release of Vietnam bloggers 24 September 2012, 19:18 CET
European Union foreign policy chief Catherine Ashton on Monday called for the immediate release of three Vietnamese bloggers sentenced to stiff jail terms for "anti-state propaganda".

Bulgaria upends money laundering convictions in EU test case 21 September 2012, 14:30 CET
A Bulgarian appeals court on Friday overturned money laundering convictions for industrialist Mario Nikolov and five other Bulgarians in what the EU sees as a test case for Sofia's fighting fraud.

Czech Republic bans liquor exports under EU pressure 20 September 2012, 21:41 CET
The Czech government Thursday banned liquor exports under EU pressure after a wave of poisonings from methanol-tainted bootlegged alcohol killed 23 people and sickened scores more.

Kosovo's top prosecutor indicted over bribe 20 September 2012, 21:42 CET
The EU mission in Kosovo said Thursday that Kosovo's top anti-corruption prosecutor had been charged with abuse of authority for accepting bribes, the mission said.

MEPs urge sanctions in Russia's Magnitsky case 20 September 2012, 21:40 CET
Euro-MPs have called for an EU-wide asset freeze and travel ban against Russian officials involved in the 2009 death of lawyer Sergei Magnitsky as well as the subsequent inquiry.

Romania's top court throws out decree limiting its powers 19 September 2012, 19:21 CET
Romania's constitutional court ruled Wednesday that a government decree limiting its powers was in breach of the country's constitution, the latest development in a months-long political saga.

US death row inmate loses appeal for clemency 18 September 2012, 10:55 CET
The board of pardons in the US state of Pennsylvania on Monday denied clemency for Terry Williams, who was convicted of killing two men who allegedly sexually abused him as a child.

Court dismisses Farage appeal over Van Rompuy fine 17 September 2012, 22:45 CET
A European court announced on Monday that eurosceptic MEP Nigel Farage had lost an appeal against a fine imposed by the European Parliament for calling EU President Herman Van Rompuy a "damp rag."

EU calls for halting Pennsylvania man's execution 14 September 2012, 10:49 CET
The European Union made an appeal Thursday to stay the execution of a Pennsylvania man subjected to childhood abuse who is due to be put to death next month for killing two of his abusers.

Eurozone bailout fund clears another key German hurdle 13 September 2012, 21:59 CET
German President Joachim Gauck Thursday signed the 500-billion-euro eurozone bailout fund, paving the way for the ratification of a key weapon against the eurozone crisis.

Nearly half of Germans back court's OK of euro fund 13 September 2012, 16:00 CET
Nearly half of Germans support a ruling by the country's top court approving ratification of a eurozone bailout fund under certain conditions, according to a new poll.

Hungary, Romania show need for new EU rule of law benchmark 12 September 2012, 18:51 CET
Recent worries over democratic values in Hungary and Romania highlight the need for the European Union to set new benchmarks to safeguard the rule of law, the EU's Justice Commissioner said on Wednesday.