EU unveils plans for historic single energy market
The EU unveiled plans Wednesday for a continent-wide single energy market to reduce its uneasy reliance on Russian supplies and cut a massive annual import bill of some 400 billion euros.
Feb 25, 2015, 21:50 PM IST
Greece agrees to talk to creditors in EU debt progress
Greece agreed on Thursday to talk to its creditors about the way out of its hated international bailout in a political climbdown that could prevent its new leftist-led government running out of money as early as next month.
Feb 13, 2015, 09:20 AM IST
Spain to push for proposed India-EU trade pact
Spain on Monday said it will try to persuade European Commission (EC) to show flexibility while negotiating the free trade agreement with India as the pact is "crucial" for the future of the grouping.
Feb 02, 2015, 20:03 PM IST
Mobile roaming fees should remain until 2018: EU document
Mobile operators such as Vodafone and Orange would be allowed to continue levying roaming charges over the next three years, according to an EU document, defying European lawmakers` proposal to scrap the fees by the end of this year.
Jan 28, 2015, 02:15 AM IST
German regulator hails EMA's drugs suspension on GVK Bio data
German drug regulator has welcomed the European Medicine Agency's (EMA) decision to suspend the marketing authorisation of around 700 generic drugs subjected to clinical trials by India's GVK Biosciences.
Jan 24, 2015, 13:34 PM IST
Cyprus Airways shuts down after EU order on state aid
Cypriot national airline, Cyprus Airways was shut down following a European Commission ruling Friday that the company had illegally received state aid.
Jan 10, 2015, 11:11 AM IST
EU's Juncker solicits 'hard cash' for investment plan
European Commission head Jean-Claude Juncker urged leaders on Wednesday to contribute generously to a new EU investment plan but member states seem determined to wait for now.
Dec 17, 2014, 18:21 PM IST
EU wasted 38 mn euros on 'ghost airports'
The European Union has wasted tens of million of euros on out-of-the-way, underused airports, an auditors` report said Tuesday.
Dec 16, 2014, 23:40 PM IST
EU says working to keep Greece 'firmly' in the eurozone
The EU said Monday its sole aim for Greece is to keep the twice-bailed out country firmly in the eurozone, as Athens battles hostile financial markets spooked by the possibility of early elections.
Dec 15, 2014, 19:02 PM IST
EU's Juncker on defensive as new 'LuxLeaks' drag in Disney
EU Commission chief Jean-Claude Juncker was back under the spotlight Wednesday after new revelations showed Disney, Microsoft and Koch Industries got bumper tax deals from Luxembourg when he was prime minister.
Dec 10, 2014, 18:32 PM IST
One-million-name petition against US trade deal handed to EU
Campaigners handed the EU a petition signed by more than 1.1 million people against a huge trade deal with the United States on Tuesday, saying it could override local laws and is too secretive.
Dec 09, 2014, 23:06 PM IST
EU draws up 1.3 trillion-euro wish list to revive economy
The European Union has drawn up a wish list of almost 2,000 projects worth 1.3 trillion euros ($1.59 trillion) for possible inclusion in an investment plan to revive growth and jobs without adding to countries` debts.
Dec 08, 2014, 23:22 PM IST
EU says new energy sources crucial after South Stream
The sudden announcement by Russia that it will shelve the huge South Stream gas pipeline project shows the need for the EU to find new energy sources, European Commission vice president Kristalina Georgieva said Tuesday.
Dec 02, 2014, 18:05 PM IST
EU tackles rule-breaking France, Italy on budget
The Commission, the EU`s executive branch, delivers official opinions on euro government budget plans under new powers given to Brussels during the eurozone debt crisis.
Nov 28, 2014, 11:05 AM IST
EU's Juncker survives no-confidence vote over tax deals
The European Commission`s new president, Jean-Claude Juncker, comfortably survived a no-confidence vote on Thursday brought over news that Luxembourg had lured multinational businesses with super low tax rates during his period as prime minister.
Nov 28, 2014, 05:34 AM IST
Juncker unveils giant plan to `kickstart` Europe economy
European Commission chief Jean-Claude Juncker unveiled a huge 315-billion euro investment plan Wednesday to "kickstart" the stalling economy, saying it would show the world that Europe is back in business.
Nov 26, 2014, 19:37 PM IST
Angela Merkel backs 'in principle' EU plan to revive economy
German Chancellor Angela Merkel said Wednesday she backed a new multi-billion-euro European Commission plan to kickstart the EU`s flagging economy, if the funds are invested wisely.
Nov 26, 2014, 18:14 PM IST
Air pollution costs EU up to 189 billion euros: EEA
Air pollution, chiefly from coal-fired power plants, cost society up to 189 billion euros ($235 billion) in 2012 - equal to the gross domestic product of Finland, the European Environment Agency (EEA) said in a report published on Tuesday.
Nov 25, 2014, 18:48 PM IST
EU lawmakers to vote on Google break-up motion on Thursday
Google has regularly said it faces fierce competition in a constantly-changing market.
Nov 24, 2014, 21:12 PM IST
European parliament preparing to call for Google break-up
Parliament lacks the authority to break up corporations, but a public motion will step up the pressure on the European Commission to act.
Nov 22, 2014, 08:39 AM IST
