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Fri, 20 Nov 2009 18:40:00 GMT

Why seabirds need rescuing - and the EU won't wait.

THE European Fisheries Commissioner has released a statement about seabirds and fisheries in advance of today’s Fisheries Council meeting in Brussels. Joe Borg, European Commissioner for Maritime Affairs and Fisheries said: “Unlike continents, seas
Fri, 20 Nov 2009 18:40:00 GMT

European Central Bank Jean-Claude Trichet Exit Stimulus Gradually

Today, as the end of the week is here we see that ECB President Jean-Claude Trichet once again states that the central bank is going to exit the stimulus programs gradually before it triggers inflation on the long run, and this factor is faced by other
Fri, 20 Nov 2009 18:39:00 GMT

European Markets Drop On ECB Withdrawal

European Trade: European shares moved lower in trade on Friday trade, following the Asian equity market that closed in the red. S&P futures moved side-ways throughout the overnight trading hours, but dropped eight points as the news that the ECB will
Fri, 20 Nov 2009 18:39:00 GMT

Police expose Europe's biggest football match-fixing ring

A match-fixing ring with more than 200 suspected members fixed or tried to fix around 200 matches across Europe, including three in the Champions League, in what UEFA called the biggest betting scandal in Europe. Bochum state prosecutor Andreas Bachmann
Fri, 20 Nov 2009 18:39:00 GMT

EU Gives Oracle Extra Time to Respond to Sun Inquiry (PC World)

Oracle and Sun Microsystems have been granted an extra week to defend their planned US$7 billion merger in front of European regulators, the European Commission said Friday.Earlier this month the Commission, Europe's top antitrust regulator, issued
Fri, 20 Nov 2009 18:38:00 GMT

EU gives Oracle extra time to respond to Sun inquiry

Oracle asks for more time to allow it to make its case for the deal 11/20/2009 9:48:00 AM By: CDN staff Oracle and Sun Microsystems have been granted an extra week to defend their planned US$7 billion merger in front of European regulators, the European
Fri, 20 Nov 2009 18:35:00 GMT

An extraordinary dinner with a positive result!

United in Brussels yesterday evening for the occasion of an extraordinary dinner summit, the heads of States and governments agreed on the names of the two high profile posts introduced by the Lisbon Treaty: the President of the Council and the High
Fri, 20 Nov 2009 18:35:00 GMT

Backroom Deals in Brussels Are No Big Deal

It's always heads they win, tails you lose with the euro-sceptics isn't it? For instance, they were adamant that they didn't want a high-profile figure such as Tony Blair to become President of the EU Council. No Big Beasts please, we're British! Now it
Fri, 20 Nov 2009 18:34:00 GMT

China, EU diplomats underscore China-EU strategic relations

BEIJING, Nov. 20 (Xinhua) -- Chinese State Councilor Dai Bingguo said here Friday China hopes to further improve the strategic partnership between China and the European Union (EU). Dai made the remarks when meeting with a delegation of EU diplomats,
Fri, 20 Nov 2009 18:34:00 GMT

Chinese premier congratulates EU top leaders elected

BEIJING, Nov. 20 (Xinhua) -- Chinese Premier Wen Jiabao on Friday congratulated EU's top leaders elected on Thursday, vowing to further boost China-EU all-round strategic partnership. Wen made the remarks in his meeting with a group of EU diplomats
Fri, 20 Nov 2009 18:34:00 GMT

Banks should lend more, curb 'undue' bonuses: ECB

Extract not available.
Fri, 20 Nov 2009 18:34:00 GMT

EU gives Oracle extra time to respond to Sun inquiry

Oracle was granted an extra week to prepare to make its case for the planned merger in front of European regulators Oracle and Sun Microsystems have been granted an extra week to defend their planned $7 billion merger in front of European regulators, the
Fri, 20 Nov 2009 18:33:00 GMT

China's Wen welcomes new EU president post (AFP)

BEIJING (AFP) - Chinese Premier Wen Jiabao on Friday congratulated the European Union for creating the new posts of president and foreign policy chief, calling it a "step forward" for EU integration.At a summit in Brussels, European leaders named Belgian
Fri, 20 Nov 2009 18:30:00 GMT

EU carbon slips to 7-week low

Extract not available.
Fri, 20 Nov 2009 18:30:00 GMT

EU leaders face flak as new president keeps low profile (AFP)

BRUSSELS (AFP) - Incoming EU president Herman Van Rompuy kept a low profile Friday as the 27-nation bloc's leaders faced flak for picking him and a little-known British peer to lead a revamped Europe on the world stage.Van Rompuy, the outgoing Belgian
Fri, 20 Nov 2009 18:30:00 GMT

The world sizes up the EU's new leaders

The official global reactions to the choices, made with such surprising swiftness on Thursday night, have been predictably bland. 'I warmly congratulate President van Rompuy and my new counterpart High Representative Ashton,' US Secretary of State
Fri, 20 Nov 2009 18:29:00 GMT

New EU president wins fans in Japan -- as a poet (Reuters)

BRUSSELS (Reuters) - Herman Van Rompuy, the European Union's new president, may not be very well known around the world but he's already winning fans in Japan -- as a poet rather than a politician.
Fri, 20 Nov 2009 18:28:00 GMT

EU extends Oracle/Sun review deadline until Jan 27

The European Commission said Oracle had asked for more time 'in order to have the opportunity to further develop its arguments in response to the Commission's concerns.' The EU executive gave them an extra six working days. Regulators sent a formal
Fri, 20 Nov 2009 18:28:00 GMT

ECB to scale back liquidity measures

20/11/09 The European Central Bank is to scale back its liquidity measures amid fears they could be fuelling inflation. The ECB President Jean-Claude Trichet said certain fiscal stimulus measures were no longer necessary. The eurozone officially emerged
Fri, 20 Nov 2009 18:27:00 GMT

ENERGY: Russia-EU summit likely to focus on energy security

Energy issues are expected to top the agenda at an EU-Russian summit in Stockholm on Wednesday as Europe seeks to avoid the interruptions in the supply of Russian natural gas that it saw last winter. European and Russian leaders meet in Stockholm
Fri, 20 Nov 2009 18:26:00 GMT

EU probes Slovakia's action against health insurers

BRATISLAVA, Nov 20 (Reuters) - The European Commission launched an action on Friday against Slovakia over concerns that the country's law forbidding private health insurers from keeping their profits might breach EU rules. The probe relates to a
Fri, 20 Nov 2009 18:24:00 GMT

EU leaders face flak as new president keeps low profile (AFP)

AFP - Incoming EU president Herman Van Rompuy kept a low profile Friday as the 27-nation bloc's leaders faced flak for picking him and a little-known British peer to lead a revamped Europe on the world stage.
Fri, 20 Nov 2009 18:22:00 GMT

ECB Amends Rating Requirements For Asset-Backed Securities In Eurosystem Credit Operations

The Governing Council of the European Central Bank (ECB) has decided to amend the rating requirements for asset-backed securities (ABSs) to be eligible for use in Eurosystem credit operations. The Eurosystem will require at least two ratings from an
Fri, 20 Nov 2009 18:22:00 GMT

After the EU “stitch-up”

The Guardian and the Mail should both be happy with the appointment of Herman Van Rompuy and Cathy Ashton The fact that both the Guardian and the Daily Mail chose “The Great EU stitch-up” as their splash this morning is not just one of those
Fri, 20 Nov 2009 18:22:00 GMT

Antitrust: European Commission Confirms Sending Of Statement Of Objections To Standard & Poor's

it sent a Statement of Objections (SO) to Standard & Poor's (S&P), a division of McGraw-Hill Companies, Inc. of the United States. The SO outlines the Commission’s preliminary view that S&P is abusing its dominant position by requiring, as the
Fri, 20 Nov 2009 18:22:00 GMT

UPDATE 1-Latvia backs tax rises to meet IMF/EU loan terms

Extract not available.
Fri, 20 Nov 2009 18:21:00 GMT

China's Wen welcomes new EU president post

BEIJING (AFP) - Chinese Premier Wen Jiabao on Friday congratulated the European Union for creating the new posts of president and foreign policy chief, calling it a "step forward" for EU integration. At a summit in Brussels, European leaders named
Fri, 20 Nov 2009 18:19:00 GMT

European Commission approves state aid for purchasing low carbon buses in England

The European Commission has authorised today an aid scheme supporting the purchase of low-carbon buses in England. The main objective of the scheme is to reduce the CO2 emissions produced by public buses through the introduction of a 'Green Bus Fund'.
Fri, 20 Nov 2009 18:17:00 GMT

Rising EU scrap prices pile pressure on ingot producers

Extract not available.
Fri, 20 Nov 2009 18:16:00 GMT

Being German is not a requisite for ECB presidency

Jockeying over who should succeed Jean-Claude Trichet as president of the European Central Bank has already begun. A German official has hinted that someone German presumably Axel Weber, the president of the Bundesbank would be the right person to follow
Fri, 20 Nov 2009 18:15:00 GMT

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