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European Commission

Premier: Polish image intact despite price fixing
Poland's prime minister says he believes the discovery of corruption in the country's road construction sector should not hurt its standing in the ...
Correction: Europe-Science Bonanza story
In a story Jan. 28 about a European Union science award, The Associated Press reported erroneously that €1 billion euros was equivalent to $1.
EU top court sides against Ryanair in volcano case
The European Union's top court said Thursday that Irish low-cost airline Ryanair has to pay out compensation to passengers that were stranded due to ...
Schwarzenegger lauds Austria's environment record
Arnold Schwarzenegger is praising Austria — and not because it's the country of his birth. Arriving in Vienna on Wednesday ahead of the launch of his ...
EU: Romania must progress on judicial independence
An EU report says Romania must make further progress in ensuring the independence of its judiciary and in the battle against corruption. The report, ...
Russia likely to contribute to Cyprus bailout
Russia is likely to contribute money to a rescue package that Cyprus is trying to finalize with eurozone partners, the cash-strapped country's finance ...
EU demands 'legal certainty' of Latin investments
A 60-nation summit wrapped up in Chile on Sunday with European leaders pleading for "legal certainty" and lower trade barriers between economies that ...
Brazil and EU want to retake stalled negotiations
Brazil and the European Union have agreed to resume stalled free trade negotiations between the EU and South America's Mercosur trade bloc.
Greek statistics dissenter: deficit was inflated
A former state official at the center of a criminal case over the way the Greek statistics agency calculated budget figures — which had an impact on ...
Cyprus says money laundering allegations must stop
Cyprus says that international allegations it is a haven for money laundering amount to a "war" and must stop. Government spokesman Stefanos Stefanou ...
EU grouping gets OK for financial transaction tax
A group of 11 European Union countries was given the go-ahead Tuesday to work on the introduction of a tax on financial transactions. The tax is ...
Cyprus insists against privatizations in bailout
Cyprus insists it will resist privatizing state-owned companies, even if its public debt burden is deemed too heavy to bear once it receives an ...
Germany balks at bailing out Cyprus
When it came to helping out Greece, Ireland and Portugal, Germany grudgingly went along with its European partners and backed hundreds of billions in ...
New EU fish quota deal bodes well for fishermen
The European Union and fisheries nations say a deal with Norway on fish quotas in the North Sea is further proof of a move toward more efficient and ...
Cypriot central bank chief rules out debt haircut
Cyprus' central bank chief has ruled out writing down the government's debt as part of an international bailout currently being negotiated, insisting ...
UPS abandons $6.9 billion deal for TNT Express
UPS scrapped plans to grow in Europe through the acquisition of Dutch delivery company TNT Express because European regulators were getting ready to ...
Moody's downgrades top 3 Cyprus banks
Moody's Investor Service has downgraded Cyprus' top three commercial banks, bring them closer to the bottom of junk status, because of uncertainty ...
UPS abandons $6.9 billion takeover for TNT Express
Shares in package delivery company TNT Express NV lost almost half their value Monday after that United Parcel Service Inc. had decided to ditch its ...
A look at corporate deals the EU has ruled on
United Parcel Service Inc. has walked away from a proposed $6.9 billion takeover of the Netherlands TNT Express NV, claiming European Commission ...
Merkel: Cyprus must embrace reforms to get bailout
German Chancellor Angela Merkel says Cyprus must move ahead with economic reforms so it can garner support for a rescue package that it's trying to ...
Moody's downgrades Cyprus deeper into junk
International credit rating agency Moody's drove Cyprus deeper into junk on Thursday with a three notch downgrade from B3 to Caa3 over concerns that ...
Merkel: no special treatment for Cyprus
German Chancellor Angela Merkel said Wednesday that Cyprus can't expect special treatment as it negotiates a bailout with international lenders.
Class of 2012: Diploma dilemma for Europe grads
Estelle Borrell knew she wanted to work in law since she was a teenager, when she interned at a court in Versailles, France. "The lawyers in their ...
Cyprus president: no privatization in bailout deal
Cyprus' president said Wednesday he would refuse any request by international lenders to sell off state-owned companies as part of a finalized ...
S&P downgrades Cyprus on default fears
The Cyprus government has vowed to do what is needed to finalize a bailout agreement with international lenders after ratings agency Standard & Poor's ...