European Commission news and stories by mail.com

European Commission

EU performs abrupt U-turn on olive oil regulation
The EU has something important to say about its proposal to regulate olive oil on restaurant tables: Uh, never mind. Last week, the European ...
Glance: Europe's Key Institutions
Following the chaotic bailout of Cyprus, top European Union officials are saying it's time to rethink how the region manages its crisis — and who ...
Greece faces slow, jobless recovery next year
Greece's deep, six-year recession is likely to end in 2014, but growth will be weak and unemployment will remain above 20 percent for another three ...
Top officials call to overhaul euro institutions
Engineering a financial bailout for Cyprus in March was such a chaotic process that top European officials say it is time to rethink how the region ...
EU to ban reusable olive oil bottles in eateries
The small glass bottle filled, and refilled, with golden olive oil has long been a staple on many restaurant tables across Europe. Now, the European ...
Nations pledge billions to rebuild Mali
A plan to turn Mali into a stable democracy rather than a terrorist haven drew massive support Wednesday as various nations and international ...
EU: China may be dumping mobile network equipment
A senior EU official says China may be illegally dumping and subsidizing the import into Europe of mobile telephone networks and their essential ...
EU pledges $675 million toward Mali reconstruction
On the eve of a major international donors' conference, the European Union announced Tuesday it was pledging 520 million euros ($674.8 million) over ...
EU to shift bill for bank failures to creditors
European Union governments want to shift the cost of rescuing troubled banks from taxpayers to the banks' creditors — including the holders of large ...
Visa to lower some card fees in EU antitrust probe
The European Union says Visa has agreed to reduce some credit card payment fees significantly to address concerns raised by the bloc's antitrust ...
Europe at odds over next steps to banking union
European leaders are increasingly at odds over how to create a full-fledged banking union, the bloc's key project to stabilize its financial system ...
Yen in focus as G-7 discusses nurturing recovery
Financial leaders from the world's top seven developed economies are gathering in the U.K. to discuss how to shore up the global recovery just as the ...
Slovenia announces anti-bailout measures
Slovenia's government announced Thursday an austerity plan designed to raise 540 million euros ($707 million) in new taxes as part of an effort to ...
IMF's Lagarde criticizes US spending cuts
International Monetary Fund head Christine Lagarde criticized the U.S. government's budget policies as too tight on Tuesday, in an appearance in ...
French finance chief hails easing off austerity
French Finance Minister Pierre Moscovici on Tuesday hailed the European Union's decision to grant his country more time to tackle its deficit as a ...
EU: Motorola may have violated antitrust rules
The European Commission said Monday that Motorola Mobility may have abused its dominant market position by denying Apple the right to use technology ...
European Commission investigates Peugeot state aid
The European Commission says it has opened an in-depth investigation into the government-backed restructuring of France's PSA Peugeot Citroen group ...
New Italian premier urges EU to focus on growth
Italy's new prime minister called Tuesday for European countries to prioritize economic growth over debt reduction, adding his government believes ...
Serbian lawmakers vote to support Kosovo deal
Serbian lawmakers on Friday overwhelmingly supported an agreement normalizing relations with breakaway Kosovo, a potentially landmark deal that could ...
Spain slashes forecasts and delays deficit targets
Spain slashed its economic forecasts Friday and said it would take two years longer than promised to cut its swollen deficit in an acknowledgement ...
Cyprus further eases limits on money transfers
Cyprus significantly eased restrictions on money transfers inside and outside the country Thursday to help businesses spur a deeply slumping economy.
Italy premier-designate short of securing support
Italy's premier-designate, Enrico Letta, said candidly Thursday he is still short of securing support for a ruling coalition after Silvio Berlusconi's ...
Top ECB official cautions: rate cuts have costs
A top European Central Bank official warned Thursday that another interest rate cut might not be much help for eurozone countries in recession — ...
EU lawmakers support free trade deal with US
European Union lawmakers have voted in favor of starting talks on a wide-ranging free trade agreement with the United States. A parliamentary ...
Google agrees to change search display in Europe
Google has agreed to change how it displays search results in Europe — including a better labeling of its promoted content and displaying links to ...