European Union news and stories by mail.com

European Union

EU agrees to limit banker bonuses
Top European Union officials have agreed to slap a strict limit on bankers' bonuses, which have been blamed for encouraging the risk-taking behavior ...
Cyprus president rules out debt, deposit writedown
Cyprus' new president ruled out on Thursday any writedown of the country's debt or bank deposits as part of a financial rescue package it's trying to ...
Britain holds scandal-tarred special election
Sex, lies and scandal — not the usual ingredients of a parliamentary special election in Britain. But Thursday's contest for the southern English ...
Bankia posts biggest loss in Spanish history
Bailed-out Bankia on Thursday posted a full-year net loss of €19.2 billion ($25.2 billion), the biggest ever suffered by a Spanish company, after the ...
Europe dents profits at utility GDF Suez
Growth in developing markets helped Franco-Belgian utility GDF Suez eke out revenue growth last year, but concerns over the economic outlook in Europe ...
Slovenia's troubled government ousted
Slovenia's parliament ousted Prime Minister Janez Jansa and his conservative government Wednesday, while designating a financial expert from the ...
US, Europe move to expand role in Syrian conflict
The United States and some European allies are edging closer to direct involvement in Syria's civil war with plans to deliver meals, medical kits and ...
Italy turmoil raises questions about ECB backstop
Why has Italy's muddled election result spooked global investors so much? Because it raises unsettling questions about the availability of the ...
Draghi: Reforms must continue despite social cost
European Central Bank President Mario Draghi has acknowledged that austerity measures and economic reforms can have heavy social costs — but argues ...
EU blocks Ryanair bid to buy Ireland's Aer Lingus
The European Union's antitrust authority on Wednesday blocked Ryanair's renewed bid to take over rival Irish carrier Aer Lingus, ruling that it would ...
Cyprus claims EU mood shifting toward bailout
Wariness among some euro area countries over bailing out debt-saddled Cyprus is gradually receding, the country's president-elect said Wednesday.
Kosovo turns to US for help in talks with Serbia
Kosovo has urged the United States to support its position as it engages in talks with Serbia about how much control Serbs living in Kosovo's north ...
Poland emerging as major European outsourcing hub
The first time Javier Bofarull Marques left Spain for Poland, it was for love. It was 2006, a boom time in Spain, and his friends thought he was crazy
EU ministers back phased-in ban on fish discards
Officials from the 27 European Union countries proposed Wednesday a phased-in ban on the discarding of unwanted fish by fishing vessels, but ...
Jailed Kurdish rebel leader proposes peace plan
The imprisoned leader of Kurdish rebels has outlined a peace plan in which his fighters would declare a cease-fire by March and lay down arms and ...
Italy pays more to borrow after election turmoil
Italy saw its borrowing costs jump in a pair of bond auctions Wednesday after an inconclusive election that has raised fears Europe's government debt ...
Spain's 2012 deficit falls, but not to level hoped
Spain's Prime Minister Mariano Rajoy has conceded that the government just failed to reduce its budget deficit in 2012 to the level it promised ...
In grim French north, worker protests seem doomed
Workers at a dying French tire factory who have become the butt of American jokes staged a last-ditch protest on Tuesday to defy anyone — plant owner ...
Ireland to end state guarantee to bank bondholders
The Irish government announced Tuesday it will no longer insure the bonds of its three surviving banks, ending an infamous chapter in the country's ...
Q&A: Why Italian election has shaken investors
Italy's inconclusive election has rattled markets and raised the fear that Europe's crisis over too much government debt could flare again after ...
Istanbul wants wrestling if it wins Olympic bid
The head of Istanbul's bid for the 2020 Olympics hopes a winning vote coincides with wrestling being reinstated to the program by the IOC.
European Court hears Spanish case against Google
The European Court of Justice is hearing a case that pits Spain's data protection agency against search engine giant Google over the thorny issue of ...