Article | May 22, 2012 - 3:09pm
European stock markets today, Tuesday 22 May, opened in the green and remained there until well into the afternoon.
European stock markets today, Tuesday 22 May, opened in the green and remained there until well into the afternoon.
Article | May 21, 2012 - 5:54pm
“In the June election the Greek voters will choose to either remain in the euro area or exit from it”, the British Prime Minister David Cameron said from the United States, where he is attending the G8 and the NATO summits.
“In the June election the Greek voters will choose to either remain in the euro area or exit from it”, the British Prime Minister David Cameron said from the United States, where he is attending the G8 and the NATO summits.
Article | May 20, 2012 - 10:12pm
German industrial giant Thyssenkrupp posted a stiff loss in the second quarter of its fiscal year due to one-off items, but said the worst was behind it, with asset sales under way, it was reported.
German industrial giant Thyssenkrupp posted a stiff loss in the second quarter of its fiscal year due to one-off items, but said the worst was behind it, with asset sales under way, it was reported.
Things also looked much better in the group's core activities, where its operating profit jumped by 61% to €134 million, orders gained 15%, and sales were 7% higher at €10.6 billion.
Article | May 17, 2012 - 3:48pm
There are converging estimates that a potential Greece's exit from the Eurozone may cost up to one trillion. A large part of it will be born by this country itself. It will income losses over a number of years, due to an unprecedented recession and uncontrollable inflation.
There are converging estimates that a potential Greece's exit from the Eurozone may cost up to one trillion. A large part of it will be born by this country itself. It will income losses over a number of years, due to an unprecedented recession and uncontrollable inflation. The largest part of it however will be born by the other weak Eurozone countries. There will be also huge losses for central countries like France, Germany and Holland due to the exposure of their lenders to the Greek banking system.
Article | May 17, 2012 - 3:14pm
The fulfilled promise of Hollande for a gender-balanced cabinet with 17 women out of 34 ministers inspired AFP to analyse the ratio between men and women also in the governments of other European states.
The fulfilled promise of Hollande for a gender-balanced cabinet with 17 women out of 34 ministers inspired AFP to analyse the ratio between men and women also in the governments of other European states.
Article | May 17, 2012 - 11:06am
Following the Christian Democrats’ (CDU) defeat in North Rhine Westphalia in the state elections, the suggestions have been that resistance to Chancellor Merkel’s austerity measures are growing.
Following the Christian Democrats’ (CDU) defeat in North Rhine Westphalia in the state elections, the suggestions have been that resistance to Chancellor Merkel’s austerity measures are growing.
Article | May 16, 2012 - 8:38pm
On May 16,a group called itself "Friends of Loukanikos"-a dog that became an unofficial mascot of Athens protests -claimed responsibility for the attack against Horst Reichenbach, two days ago.Horst Reichenbach is the leader of the EU task force in Greece.
In their message are threatening the "troika" of inspectors of the European Commission, European Central Bank and International Monetary Fund,
Article | May 16, 2012 - 12:55pm
Braving lightning, the new French President made his first official visit to Berlin
Even from a business point of view, the spectacle of the newly appointed French President François Hollande running to Berlin, practically minutes after his official inauguration, was by itself a strong message; France is not to question the German prerogative in the European Union and of course in the Eurozone.
Article | May 15, 2012 - 2:22pm
Following astounding victories in recent elections in North-Rhine Westphalia and France, European left decided to ambush German Chancellor Angela Merkel on 15 May.
Article | May 15, 2012 - 12:11pm
François Hollande was sworn in as president of France on 15 May to become the first Socialist to hold the highest post in the country in 17 years. Hollande announced that his first actions would be to name his prime minister and then to fly to Berlin for talks with German Chancellor Angela Merkel.
François Hollande was sworn in as president of France on 15 May to become the first Socialist to hold the highest post in the country in 17 years. Hollande announced that his first actions would be to name his prime minister and then to fly to Berlin for talks with German Chancellor Angela Merkel.
Article | May 15, 2012 - 8:03pm
According to French officials new President Francois Hollande's jet was hit by lightning en route to Berlin, as it was scheduled to have his first key talks with German Chancellor Angela Merkel.
The plane was forced to turn back to Paris as a precaution for inspection, Defense Ministry spokesman Gerard Gachet said.
Francois Hollande was transferred to another aircraft and took off few minutes later.
Article | May 14, 2012 - 10:38am
Captain Paul Watson, founder of the Sea Shepherd Conservation society, was arrested yesterday in Germany for extradition to Costa Rica.
Article | May 14, 2012 - 12:24pm
There is growing evidence that the Eurozone is about to change its course of severe austerity inspired by the German Christian democrats (CDU) of Angela Merkel, because neither the countries which apply those highly unpopular measures like Greece and Italy, nor the German voters themselves seem to be happy with it.
There is growing evidence that the Eurozone is about to change its course of severe austerity inspired by the German Christian democrats (CDU) of Angela Merkel, because neither the countries which apply those highly unpopular measures like Greece and Italy, nor the German voters themselves seem to be happy with it.
Article | May 14, 2012 - 5:11pm
On 14 May, Germany RWE Supply & Trading (RWEST) confirmed it has signed a gas sale and purchase agreement with Ukrainian national joint stock company Naftogaz.
On 14 May, Germany RWE Supply & Trading (RWEST) confirmed it has signed a gas sale and purchase agreement with Ukrainian national joint stock company Naftogaz, the former Soviet republic’ largest energy producer. “I can confirm that we have met the framework agreement. The gas will be sourced from RWEST's pan-European gas portfolio,” RWEST's Sabine Jeschke told New Europe without commenting on any other details like gas volumes “because this will depend on individual contracts”.
Article | May 14, 2012 - 10:55am
Christian Democrats of German Chancellor Angela Merkel suffered another electoral defeated on 13 May, this time in country’s most populous state of North Rhine-Westphalia. With this lose, Merkel's CDU party continued a series of bad results in regional elections.
Christian Democrats of German Chancellor Angela Merkel suffered another electoral defeated on 13 May, this time in country’s most populous state of North Rhine-Westphalia. With this lose, Merkel's CDU party continued a series of bad results in regional elections.
Blog entry | May 13, 2012 - 11:27pm
Ladbrokes and William Hill have apparently stopped taking bets on Greece withdrawing from the single European currency. According to the bookmakers, it is an inevitability, a racing certainty. If it does indeed happen, and, despite the bookies fervour, it is not inevitable, it will be a severe blow to the European project, and a heartening event for its detractors. But you will Europe react to this would-be devastating setback to the ongoing process of transnational integration?
Article | May 13, 2012 - 11:14pm
German services labor union ver.di and Deutsche Telekom AG said they have reached a wage agreement for some 50,000 workers at domestic unit Telekom Deutschland, it was reported.
German services labor union ver.di and Deutsche Telekom AG said they have reached a wage agreement for some 50,000 workers at domestic unit Telekom Deutschland, it was reported.
Blog entry | May 13, 2012 - 11:26pm
The day after he is to take the oath as president of France, François Hollande, is expected to travel to Berlin on 16 May to meet the German, Chancellor Angela Merkel.
Article | May 13, 2012 - 10:03pm
On 10 May, German Chancellor Angela Merkel said that Ukraine was a "dictatorship" and likened it to authoritarian and isolated Belarus. Merkel has been an outspoken critic of Ukrainian President
On 10 May, German Chancellor Angela Merkel said that Ukraine was a "dictatorship" and likened it to authoritarian and isolated Belarus. Merkel has been an outspoken critic of Ukrainian President
Viktor Yanukovich for his treatment of jailed opposition leader
Article | May 11, 2012 - 4:39pm
Chancellor Angela Merkel speaking at the German Bundestag has appeared uncompromising in her position that whatever plan is to be discussed over enhancing Eurozone's growth potential, cannot be financed with borrowed money and more government budget deficits.
Chancellor Angela Merkel speaking at the German Bundestag has appeared uncompromising in her position that whatever plan is to be discussed over enhancing Eurozone's growth potential, cannot be financed with borrowed money and more government budget deficits.
Article | May 10, 2012 - 9:39am
Record exports and imports have been announced for Germany in March, by the statistical service of the country. This is one more proof that Germany's economy is in a very good, if not perfect, state amidst the grave problems of fiscal and trade deficits the rest of Eurozone member states are facing.
Record exports and imports have been announced for Germany in March, by the statistical service of the country. This is one more proof that Germany's economy is in a very good, if not perfect, state amidst the grave problems of fiscal and trade deficits the rest of Eurozone member states are facing.
Article | May 9, 2012 - 11:04am
Article | May 9, 2012 - 10:31am
On 9 May, Europe Day, we celebrate the founding father of Europe, Robert Schuman. But many who are affected from what derives from Brussels do not know anything about who this man really was, except that the main European Commission building is named after him.
Schuman was born in Luxembourg in 1886. He moved to France and in 1919 he was elected to the Chamber of Deputies. A moderate conservative he joined the more liberal Popular Republican Movement in 1940. During the Second World War he was a member of the French Resistance.
Article | May 8, 2012 - 12:33pm
Never in the past has the European project occupied such a central and crucial position in the national politics of any EU member state than in the Greek and French elections of 6 May.
Never in the past has the European project occupied such a central and crucial position in the national politics of any EU member state than in the Greek and French elections of 6 May.
Article | May 8, 2012 - 3:43pm
The European Commission announced today the results of the latest report on product safety. The three most active countries in detecting and notifying new dangerous products, and in ensuring appropriate follow-up actions, were Spain, Bulgaria and Hungary.
The European Commission announced today the results of the latest report on product safety.
The 2011 annual report concludes that due to the increasing effectiveness of the Community Rapid Information System for non-food products (RAPEX), dangerous products in the EU market were detected earlier, more effectively and withdrawn much faster.
