European Union

Facebook private message rumour is 'false', site says Tue, 25/09/2012 - 14:05 by Navneet Sandhu The rapid expansion of the virtual world has posed various threats to the privacy of an individual. In an age of the social media sites, users always have constant sense of insecurity when it comes to their private data. Facebook, one of the most accessed social networking sites has various settings when it comes to controlling user information. Users can share information with the world by making their data public or use customized settings in order to control what they share. Comments Read more	EU bank reform in spot as Germany and France wrangle Sun, 16/09/2012 - 12:41 by Dinesh Dhiman The proposed European Union bank reform is in a spot of bother as Germany and France, the two biggest economies of the troubled region, spar over the proposed reforms. Comments Read more	Belarus On EU’s Sanctions Hitlist Sat, 24/03/2012 - 21:03 by nipun ansal Continuing human rights abuse and a reluctance to free political prisoners has led EU widen its scope of sanction on Belarus’s authoritarian regime. Comments Read more
Sarkozy Takes First Poll's Lead After Bashing At EU Policies Tue, 13/03/2012 - 20:53 by Sam Ross French President Nicolas Sarkozy is leading the first round of presidential elections according to the opinion polls which has predicted the election to be a two horse race. Comments Read more	Iran Halts crude oil supply to France and Britain Mon, 20/02/2012 - 02:38 by Sam Ross Tension between Iran and western countries has intensified after the former stopped crude oil supply to France and Britain against the tightened EU sanctions. Comments Read more	Euro Debt Crisis: What Led to It? Sat, 24/09/2011 - 15:08 by Manisha Mishra The U.S. Manisha Mishra's blog Comments Read more
U.S. Airlines oppose EU’s Emission Trading Scheme Wed, 06/07/2011 - 18:33 by Anter Prakash Singh The US Airlines are vehemently opposing the measures proposed by the European Union to control the greenhouse gas emissions and have moved its highest Court. The EU is going to charge the airlines for the carbon dioxide emissions by planes flying over Europe. Comments Read more	Greece Parliament to debate austerity measures Mon, 27/06/2011 - 14:04 by Anter Prakash Singh The parliament of Greece is going to start discussions on the austerity measures which the European Union and the IMF want to pass before distributing the next installment of the bailout programme. Comments Read more	Banks fail to pass on business loan funds Thu, 09/12/2010 - 07:35 by Prince damin Brussels -- Billions of dollars in funding intended to help small businesses in Europe were held up by banks, a watchdog group said Wednesday. European Union finance ministers approved the $20 billion aid for small businesses as credit began to dry up in 2008, the EUobserver reported. But a watchdog group, Bankwatch, based in the Czech Republic, said the European Investment Bank has only handed out 74 percent of the funds to commercial banks and that only 69 percent of what was disbursed was distributed through small business loans. Commercial banks, the figures indicate, held onto half of the $20 billion funds that targeted small businesses. Comments Read more
Europe warms to post-cold war Russia Tue, 07/12/2010 - 23:12 by Prince damin Brussels -- Opening Russian archives concerning a 1940 mass murder of Poles is a big step toward improved international relations, a European Union official said. EU Commissioner of Neighborhood Policy Stefan Fuele in Warsaw said, "We need to recognize that the psychological process of reconciliation following the Cold War has run its course. Recent Polish-Russian efforts in this respect are of crucial relevance here." Monday, Russian President Dmitry Medvedev, also in Poland, said Russia would open archives concerning the massacre of 22,000 Poles in the Katyn Forest under the Stalin regime, the EUobserver reported Tuesday. Comments Read more	Europe's GDP revised slightly higher Thu, 02/12/2010 - 22:45 by Prince damin Brussels -- Economies of the European Union rose 0.5 percent in the third quarter, Eurostat said Thursday, revising the preliminary estimate by 0.1 percentage points. Eurostat held to its estimate of 0.4 percent quarter-to-quarter growth for the 16-nation eurozone. From the third quarter a year ago, the EU's economy has grown 2.2 percent, while the eurozone economy has grown 1.9 percent, Eurostat said. The figures compare to 0.6 percent quarter-to-quarter growth in the United States and 0.9 percent in Japan. In Europe, Sweden led quarter-to-quarter growth with the GDP gaining 2.1 percent. In Poland, growth reached 1.3 percent, while in the Czech Republic, growth was pegged at 1.1 percent. Comments Read more	Markets lack spark with Irish bailout Tue, 30/11/2010 - 07:59 by Prince damin New York -- U.S. markets opened sharply lower Monday after the European Union announced a $90 billion rescue package for Ireland. Financial ministers are trying to stop the erosion of investor confidence before it spreads to Portugal and Spain. In Asia, stocks were mostly higher Monday, but stocks were lower in most of Europe after the deal was announced Sunday. On Wall Street in early-afternoon trading, the Dow Jones industrial average lost 116.37 points, 1.05 percent, to 10,975.63. The Standard & Poor's 500 index lost 0.88 percent, 10.45, to 1,178.95. The Nasdaq composite index lost 1.14 percent, 28.77, to 2,507.79. The benchmark 10-year treasury note rose 9/32 to yield 2.839 percent. Comments Read more