Markets turn on Portugal as EU trade union opposition grows

05.02.2010 @ 09:23 CET

There was no let-up in the turmoil caused by European budget deficits on Thursday, with investors turning their attention to the weak state of Portugal's public finances.

Palm oil plantations are now 'forests,' says EU

04.02.2010 @ 17:43 CET

The European Commission hopes to redefine palm oil plantations as "forests" according to a leaked document from the EU executive.

Icelandic PM warns EU over Icesave

05.02.2010 @ 09:24 CET

The prime minister of Iceland has warned the European Commission of the "damage" that could be caused by making links between the Icesave banking dispute and economic support being delivered by the IMF.

Spain presents deficit plan to Brussels

04.02.2010 @ 09:26 CET

The Spanish government presented its stability programme to the European Commission on Wednesday (3 February), outlining a timetable to rein in an excessive deficit that reached 11.4 percent of gross domestic product last year.

Cyber-scam artists disrupt emissions trading across EU

03.02.2010 @ 17:42 CET

Emissions trading registries in a number of EU countries were shut down on Tuesday as a result of a phishing scam tricking traders into giving away their emissions allowances.

China and EU set for WTO clash over shoes

04.02.2010 @ 17:41 CET

EU-China trade tensions were further strained on Thursday, after China filed a formal complaint with the World Trade Organisation over European shoes tariffs.

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Commission wants new EU agency for rubbish

03.02.2010 @ 09:27 CET

The huge rise in illegal waste shipments in recent years and Europe's thousands of illegal landfills means that a dedicated European Union agency devoted to waste is required, the European Commission says.

EU states miss services directive deadline

03.02.2010 @ 09:27 CET

Only one third of EU member states have successfully implemented the EU's services directive, despite the passing of a 28 December 2009 deadline.

Greece facing strict surveillance from Brussels

03.02.2010 @ 17:14 CET

The European Commission has said it fully supports the Greek government's deficit-cutting plan announced last month, but outlined a strict surveillance programme at the same time to ensure targets are met.

Few countries submit climate pledges by deadline

02.02.2010 @ 09:25 CET

A total of 55 countries have submitted their pledges to curb greenhouse gas emissions by 2020 to the UN climate convention, the global body said on Monday.

Merkel clashes with Switzerland over 'stolen' bank data

02.02.2010 @ 09:27 CET

Germany's centre-right government is considering paying an informant €2.5 million for data on alleged tax evaders in Switzerland, a move the Alpine country slammed as illegal.

Parliament sets out concerns over Colombia trade deal

02.02.2010 @ 18:17 CET

The EU's ongoing free trade negotiations with Colombia featured twice in European Parliament debates last week, with deputies from across the political spectrum raising serious concerns over the South American country's human rights record.

European Commission to back Greek deficit-cutting plan

01.02.2010 @ 17:25 CET

The European Commission is set to back Greek government plans to rein in public spending when the full college of 27 commissioners meets this Wednesday.

Germany says Greece has its 'full support'

01.02.2010 @ 09:29 CET

German foreign minister Guido Westerwelle has thrown his country's "full support" behind Greece, as the southeastern EU member state continues to battle its ongoing debt problem.

Finance ministers from Iceland, Netherlands and UK meet to discuss Icesave dispute

29.01.2010 @ 17:42 CET

In a sign of a possible thaw in relations between Iceland and the UK and the Netherlands, finance ministers from the three countries met informally on Friday in the Hague to discuss the Icesave dispute.