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  • Google complainants in EU probe now 9: Sources Aug 02, 2011 09:40 PM IST

    Google complainants in EU probe now 9: Sources

    The European Commission is now investigating a total of nine antitrust complaints against internet search engine giant Google, two sources said on Tuesday.

  • Greek programme needs to be reinforced: EU report Jul 13, 2011 05:37 PM IST

    Greek programme needs to be reinforced: EU report

    Greece's fiscal adjustment programme needs to be reinforced to ensure the country returns to sustainable public finances, a report by the European Commission showed on Wednesday.

  • EU's Barroso warns Portugal euro pullout would be tragedy Jul 12, 2011 09:23 AM IST

    EU's Barroso warns Portugal euro pullout would be tragedy

    European Commission President Jose Manuel Barroso warned Portugal on Monday that leaving the euro currency would be a "tragedy".

  • US FTC to deepen Google probe: WSJ Jun 24, 2011 08:55 AM IST

    US FTC to deepen Google probe: WSJ

    Google Inc is about to receive the civil equivalent of a subpoena from the US Federal Trade Commission as part of a probe into the giant Web company's Internet search business, the Wall Street Journal reported on Thursday, citing people familiar with the matter.

  • EU tightens squeeze on Greece; banks discuss rollover Jun 24, 2011 08:45 AM IST

    EU tightens squeeze on Greece; banks discuss rollover

    Greece's new finance minister grappled with EU and IMF officials over gaps in his austerity plans on Thursday, with European leaders insisting on deep spending cuts and more tax hikes if Athens wants to secure funds and avoid potential default.

  • Greece crisis: Vote of confidence today Jun 21, 2011 07:50 PM IST

    Greece crisis: Vote of confidence today

    Prime Minister George Papandreou's cabinet faces a confidence vote late on Tuesday, the first of three tests the Greek government must survive to avert the euro zone's first sovereign default.

  • Lawmakers say EU budget must rise after 2013 Jun 08, 2011 09:35 PM IST

    Lawmakers say EU budget must rise after 2013

    European Union lawmakers have rejected calls from some EU governments to freeze the bloc's spending from 2013, saying a budget rise of at least 5% is needed to meet existing policy objectives.

  • EU Commission wants EU states to agree IMF candidate May 19, 2011 05:01 PM IST

    EU Commission wants EU states to agree IMF candidate

    EU member states should agree on a strong candidate to replace Dominique Strauss-Kahn as head of the International Monetary Fund, the European Commission said on Thursday.

  • Apple, Android phones face strict laws in Europe: FT May 19, 2011 08:13 AM IST

    Apple, Android phones face strict laws in Europe: FT

    Apple and Google smartphones may come under tighter regulation in Europe after a data protection panel ruled that data on the location of their users should be classed as private, the Financial Times said Thursday.

  • EU hits banks with credit default swap probe Apr 30, 2011 01:44 PM IST

    EU hits banks with credit default swap probe

    The USD 28 trillion credit default swaps market came under investigation on Friday by the European Union, adding to official pressures bearing down on a huge and opaque business that is widely blamed for aggravating the recent banking and euro zone debt crises.

  • Europe: One Tax Zone? Apr 27, 2011 08:00 PM IST

    Europe: One Tax Zone?

    On March 16 the European Commission adopted formal proposals regarding a Common Consolidated Corporate Tax Base (CCCTB) for the European Union (EU).

  • Unilever, P&G face EU cartel fines: Source Apr 12, 2011 08:18 AM IST

    Unilever, P&G face EU cartel fines: Source

    Consumer goods giants Unilever and Procter & Gamble are set to be fined by EU regulators this week for fixing washing-powder prices, a source with knowledge of the matter said on Monday.

  • Google says working with EU over rivals' concerns Feb 22, 2011 03:50 PM IST

    Google says working with EU over rivals' concerns

    Web search giant Google said on Tuesday it was working with the European Commission to address competition concerns after a rival renewed complaints of anticompetitive behaviour.

  • Governments wrestle with commodities speculation Jan 25, 2011 08:24 AM IST

    Governments wrestle with commodities speculation

    Global regulators are wrestling with how to deal with the role of speculators in commodity markets as food, oil and metals prices rise to levels not seen since spikes in 2008.

  • Fake euro coins on the rise, but fewer phony notes Jan 21, 2011 08:35 AM IST

    Fake euro coins on the rise, but fewer phony notes

    The value of the euro may have come under pressure in recent months, but there is some good news for the single European currency -- the production of counterfeit notes and coins remains relatively low.

  • Top trade negotiators to meet on Doha next week Jan 18, 2011 08:18 AM IST

    Top trade negotiators to meet on Doha next week

    Top negotiators from the world's largest trading powers will meet next week to push for a global trade accord, a signal that political momentum may be building for completion of the stalled talks.

  • EU, Turkmenistan edge closer on gas supplies Jan 16, 2011 10:51 AM IST

    EU, Turkmenistan edge closer on gas supplies

    Turkmenistan and the European Union will explore ways to deliver natural gas from the world's fourth-largest reserves across the Caspian Sea, political leaders said on Saturday, stopping short of inking supply deals.

  • Wait for complete package on debt crisis: Merkel Jan 16, 2011 10:51 AM IST

    Wait for complete package on debt crisis: Merkel

    German Chancellor Angela Merkel said on Saturday any measure to stabilise the euro should come within a complete strategic package, dampening hopes for a quick decision on moves to tackle the eurozone debt crisis.

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