Today: EUROPEAN UNION News, Jan 12, 2012

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Jan 12, 2012

EUROPEAN UNION News, Jan 12, 2012

Oil closes with 1.8% loss after Iran report
MarketWatch
By Laura Mandaro SAN FRANCISCO (MarketWatch) -- Crude-oil futures Thursday closed down 1.8% to $99.10 a barrel, reversing sharply in the last 30 minutes of floor trade after a report the European Union would delay imposing Iran sanctions. ...
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Irish PM optimistic about latest EU-IMF review
AFP
Britain was the only one of the EU's 27 member states to say at a summitlast month that it would not sign up to a new agreement on budgetary rules aimed at solving the euro debt crisis. French President Nicolas Sarkozy said after talks with Chancellor ...
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AFP
EU Unemployment Hits Record High: Report
CRIENGLISH.com
Unemployment in the European Union (EU) has reached a historically high level of 9.8 percent, especially hitting the young, the low-skilled and migrants, according to thelatest quarterly report released on Tuesday by the European Commission. ...
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ECB Official Sees EU Lender of Last Resort Mechanism as Feasible
Wall Street Journal (blog)
By Doug Cameron A senior European Central Bank policymaker said Friday that it was feasible to design a lender-of-last-resort mechanism for the European Union, though it should be funded from within the euro zone. Athanasios Orphanides, governor of the ...
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OAG Analysis of the EU's ETS Indicates Further Passenger Air-Fare Increases
Sacramento Bee
9, 2012 -- /PRNewswire/ -- OAG, the global leader in aviation intelligence and a UBM Aviation brand, today released the latest in its series of Aviation Market Reports. This new report explores the implications of the European Union's Emissions Trading ...
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EU takes first steps to sanction deficit offenders
AFP
The EU is currently discussing how watertight to make a new fiscal pact covering 26 of the current 27 member states -- Britain is the sole country which has stated it won't sign up the accord. The latest legal draft seen by AFP shows that planned ...
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AFP
EU Parliament Group Opposes New Draft of Euro Fiscal Treaty
San Francisco Chronicle
11 (Bloomberg) -- Leading members of the European Parliament objected to a planned euro fiscal treaty, saying it bypasses standard European Union checks and balances and is skewed away from promoting economic growth. The latest draft of the treaty, ...
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EU, US slam Iran nuclear work at UN council meeting
Reuters
The United States imposed additional sanctions on Iran last month and the European Union is expected to agree on a ban on imports of Iranian crude oil later this month. Diplomats said Russian and Chinese envoys also voiced worries about Iran's latest ...
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EU accused of hiding own report on arms trade
Ekklesia
By staff writers NGOs monitoring the arms trade say that the European Union's latest report on arms exports is too late and incomplete. They say it was deliberately released without publicity at a quiet time of the year. They were commenting on the ...
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Latest draft of EU deal raises further questions of Irish referendum
thejournal.ie
The latest edition of the European Union agreement could force Ireland to have a referendum later in the decade if one is not held this year. A LEAKED COPY of thelatest draft of the 'fiscal compact' deal being discussed by 26 members of the European...
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Europe Stands Firm on Airline Emissions, Raising Fears of a Trade Conflict
New York Times
The warning was the latest stage in an escalating war of words between the European Union and countries like China, which have expressed fierce opposition to a law that represents the European Union's boldest move to date to protect the climate. ...
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EU states consider delay on any Iran oil ban
Reuters
EU states have agreed in principle to an embargo on Iranian oil, part of the latestWestern effort to ratchet up pressure on Tehran over its nuclear programme. Details of how the ban would be imposed are being discussed in Brussels, with the goal of a ...
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European Industrial Output Declines for a Third Month: Economy
BusinessWeek
The latest gloomy economic indicators in Europe contrasted with the US, where retail sales probably rose in December as Americans bought discounted holiday items, giving the economy a boost entering 2012, economists said before a report today. ...
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EU Plans to Enforce Economic Cooperation, Handelsblatt Reports
Bloomberg
Euro-zone countries plan to make coordination of economic policies mandatory by making it part of European Union law, Handelsblatt reported, citing the latest draft of a new EU contract. The draft foresees stronger integration of the euro-zone interior ...
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Migrants Not Causing UK Unemployment, Says Latest Report
International Business Times UK
Their report showed that there were 600000 more workers in Britain in the third quarter of 2011 from Poland and the seven other eastern European countries than there were in 2004 before they joined the European Union. It notes that youth unemployment ...
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International Business Times UK
German Court: Nuclear Tax Constitutional, Within EU Law
Wall Street Journal
FRANKFURT (Dow Jones)--Germany's tax on nuclear fuel rods--introduced by the federal government last year and fiercely opposed by the country's atomic power plant operators--doesn't violate the constitution or European Union laws, said a regional ...
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Iran Responds With Anger to Proposals by Europe
New York Times
Iranian officials struck a defiant posture on Thursday in response to a proposed oil embargo by the European Union, calling the intensified efforts to halt Iran's nuclear program, including new sanctions by United States, tantamount to “an economic war ...
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As Europe tips into recession, France and Germany call for more austerity
World Socialist Web Site
A proposal for a minimal 0.1 tax on financial transactions in the 27 member states of theEU was made by the EU Commission last September. Seeking to demonstrate his readiness to stand up to the banks in the run-up to his presidential election campaign ...
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Analysis: IMF funds for Greece not assured
Reuters
STACK OF RISKS IMF chief economist Olivier Blanchard warned last week that Greece can not survive without a reduction in its debt burden and a bank recapitalization. An October EU summit agreed that Greek debt should be reduced to 120 percent of gross...
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Belgium Comes Under Increased EU Pressure to Meet Deficit Goal
BusinessWeek
The EU set a deadline of Jan. 9 for Belgium to respond, De Tijd said. Belgium will review its 2012 budget next month, following parliamentary approval of the spending plan and taking into account the latest growth estimates and last year's deficit ...
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EU wheat futures edge higher, eyes on US market
Reuters
"The market is currently somewhat cautious with the latest weather news from Argentina awaited," one trader said. "I do not think many people are ready to take risks before the USDA reports on Thursday." * Short covering by animal feed makers was ...
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Belgian royals latest to join austerity drive
San Francisco Chronicle
King Albert says he is joining all Belgians in the austerity drive to keep the budget within limits set by the European Union. In a rare public statement on his finances, the king said on Monday Jan. 9, 2012 that he wants the freeze the money he gets ...
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MEPs warn latest treaty draft violates EU accords
BusinessWeek
The three MEPs, all from different parties, warned that that the latest version of the accord "is not compatible with existing EU Treaties." Eurozone leaders decided to draw up a new accord, which sets up tighter limits on budget deficits and is ...
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Merkel and Sarkozy Press Greece on Reform
MyFox Dallas
The leaders met in Berlin to hammer out the details of the currency bloc'slatest plan to tackle the debt crisis ahead of a European Union (EU) summit Jan 30. Merkel said negotiations on new budget rules were progressing "positively," suggesting that a ...
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MyFox Dallas
EU Leaning to Block NYSE-Deutsche Boerse Merger
ABC News
9, at the latest. A second person close to the merger confirmed that "it looks like they (the European Commission) is working toward a prohibition." Both people requested anonymity because the process is confidential. The negative opinion from the case ...
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What is the role of unconventional gas ... - Natural Gas For Europe
The 2050 Energy Roadmap published by the European Commission last month recognises shale gas as an energy source that could potentially lessen the EU's import dependence and play an important part in the EU's energy mix going forward. ... Arecent report by the European Centre for Energy and Resource Security reported that Europe as a whole could meet its energy demands for some 60 years if it were to use its unconventional gas resources, including shale gas. In the US ...
Natural Gas Europe - Latest News
Bunkerworld News - Latest News - Bay of Gibraltar bunkering: New ...
In a parliamentary question filed last month, he asked the European Commission (EC) to investigate bunkering in the bay. Sosa alleged there had been four spills in the Spanish port of Algeciras since the beginning of last year and that the ...
Bunkerworld News
EU antitrust chief to block NYSE/D. Boerse deal: report (Reuters ...
By David Zax
Reuters reported last month that European Commission antitrust officials showed no sign of being swayed by last-ditch arguments to save the deal, forcing Deutsche Boerse and NYSE to lobby European Commissioners, including Almunia ...
Wall Street Financial News
Non-EU migration 'hurts jobless' | Stock Market News - Business ...
By Editor - Top News Stories
Non-EU migration 'hurts jobless'. Written on January 10, 2012 by Editor - Top News Stories. 10 January 2012. Last updated at 09:35 ET. Generic shot of people walking There is a vigorous debate going on about the impact of migration ...
Rocket News
Open Europe blog: The Euro Fiscal Pact: The saga continues, now ...
By Open Europe blog team
The Euro Fiscal Pact: The saga continues, now with better news for Cameron. Following last Friday's meeting of negotiators from EU member states (including the UK), a third draft of the new European fiscal pact is now out. As with the version ...
Open Europe blog
OAG Projects Air Passenger Fares May Rise Up To 5.2% As A ...
This new report explores the implications of the European Union's Emissions Trading Scheme for the aviation industry. Airlines operating flights ... around the world. OtherNews Stories (For the latest news please checkout our home page) ...
AvStop » Number One Online Resource...
ekathimerini.com | On the future of Europe, equality, Dublin II ...
Ekathimerini reported that ”European Commission spokesman Olivier Bailly has made it clear in Brussels that the 5 billion euros tranche of the first bailout package that was originally scheduled to come to Athens in December, will now come in .... Greece says it has raised 1.625 billion euros ($2.07 billion) in the sale of 26-week treasury bills, at a marginally lower interest rate than a similar auction last month. ... RECENT NEWS. 1. Hedge funds play hardball over Greek restructuring ...
Latest News
Report on “The ICD Annual Academic ... - Cultural Diplomacy News
By icdblogsphereteam
A keynote speech from the Honourable Theodoros Pangalos, Deputy Prime Minister of Greece, cast light on Greece's stance in cultural affairs, but also on the recent evolution of the country's relationship with the European Union. ...
Cultural Diplomacy News
ekathimerini.com | Report finds retail trade distortions
News ... The high number of regulations in Greek retail commerce is responsible for considerable distortions in the market, according to a report compiled by McKinsey & Company and ordered by Greece's creditors, the European Commission, the International Monetary Fund, and the European ... Prime Minister Lucas Papademos was on Monday to launch of a cycle of critical meetings with the leaders of the three parties in his shaky coalition government in a last-ditch attempt to forg. ...
Latest News
Fitch Downgrades Hungary's Credit Rating To Junk Citing Standoff
By The Huffington Post News Editors
BUDAPEST, Hungary -- Fitch downgraded Hungary's credit rating to junk status on Friday, citing a standoff between the government and international lenders like the IMF and the European Union over possible rescue loans. Fitch kept a negative ... Fewer French people bought cars in 2011, the latest indication that the European economic crisis is taking a toll on the continent's second largest economy. ... 1 of 4. Fitch downgrades Hungary to junk status - Business News - IBNLive ...
The Huffington Post | Full News Feed
European Commission awards I.B.M. data centers energy-efficient ...
The European Commission awarded 27 of I.B.M.'s 35 data centers “Energy Efficient... and exclusive reports and investment opportunities, Ecoseed is your premier ....Home · Latest News European Commission awards I.B.M. data centers ...
www.ecoseed.org/.../12202-european-commission-awards-i-b-...
Hungary under pressure to change course, please EU,IMF
The government denied a news report on Tuesday which said it was ... The IMF andEU cut short informal discussions with Hungary last month due to objections ...
www.euronews.net/.../1307185-hungary-under-pressure-to-ch...
Non-euro Denmark takes over EU presidency - Latest news around ...
Non-euro nation Denmark takes over the European Union's rotating presidency Sunday, voicing determination to solve the eurozone crisis by promoting ...
news.malaysia.msn.com/top-stories/article.aspx?cp...
Latest News | Global Finance
Latest News | Global Finance. 2nd UPDATE: NYSE-Deutsche Boerse Merger Seen Rejected By EU Regulators. --Regulators seen recommending prohibition of ...
www.gfmag.com/latestnews/latest-news-old.html?newsid=1...
GHT: EU worried about soaring debt interest payrolls report | Forex ...
You are here : Forex News » Forex Reviews » GHT: EU worried about ... costs may be bankrupt in Hungary, the EU and the IMF do not agree with the latest ...
www.forex-news.co/ght-eu-worried-about-soaring-debt-intere...
Latest Mideast News: EU on verge of abandoning hope for a viable ...
LATEST UPDATES & LINKS TO STORIES ABOUT PALESTINE- Revolution(s) ... Thereport, approved by top Brussels officials, argues that EU support, including ...
mideastnews-danmike.blogspot.com/.../eu-on-verge-of-aband...
'EU report says Israel undermining two-state chances' - One News ...
'EU report says Israel undermining two-state chances': Internal report advocates ...Middle East on One News Page on Thursday, 12 January 2012. ... JERUSALEM -- When Newt Gingrich told an interviewer last month that the Palestinians ...
www.onenewspage.com/.../EU-report-says-Israel-undermining...
OAG Issues Latest Aviation Market Reports
The Company said this new report explores the implications of the European Union'sEmissions Trading Scheme for the aviation industry. Airlines operating ...
news.tradingcharts.com/futures/4/7/171637974.html
EU unemployment hits record high: report - Business News - SINA ...
10 (Xinhua) -- Unemployment in the European Union (EU) has reached a ... to thelatest quarterly report released on Tuesday by the European Commission. ...
english.sina.com/business/2012/0110/430381.html
Eurozone Fiscal Union News - Eurozone News Today
Latest Eurozone Fiscal Union News from Eurozone News Today ... New EU deal ' will freeze out Britain': France and Germany . ..... Company Daily Reports ...
eurozone.einnews.com/news/eurozone-fiscal-union

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