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Jun 7, 2012

EUROPEAN UNION News, Jun 07, 2012

Shadow Banks, Volcker Debate Are EU Priorities, Barnier Says
BusinessWeek
By Ben Moshinsky on June 07, 2012 The European Commission will this year make proposals on shadow banking and the structure of lenders' retail and investment arms as it pushes toward a banking union, said Michel Barnier, the 27-nation bloc's financial ...
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EU Pledge 'Fair and Equal' Access to CO2 Auction Proposal
BusinessWeek
By Ewa Krukowska on June 07, 2012 European Union regulators pledged to guarantee “fair and equal” access for market participants to a planned proposal on delaying auctions of some carbon allowances to curb oversupply. The European Commission is ...
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Rajoy Holds Bank Talks With EU Leaders as Fitch Downgrades Spain
BusinessWeek
By Emma Ross-Thomas and Ben Sills on June 07, 2012 Spanish Prime Minister Mariano Rajoy said he's talking to his European peers about how to shore up the country's banks as Fitch Ratings cut Spain's credit grade to within two steps of junk.
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De Gucht Presses China to Step Up Investment in European Union
BusinessWeek
By Jennifer M. Freedman on June 07, 2012 China should invest more in theEuropean Union as the bloc struggles with a spreading recession, financial-market instability and political uncertainty about how to battle the debt crisis,EU trade chief Karel ...
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Merkel Says She Supports Two-Speed Europe, Political Union
BusinessWeek
By Rainer Buergin on June 07, 2012 German Chancellor Angela Merkel said she supports a two-speed European Union, with the faster group seeking deeper integration such as a fiscal union to complement monetary union. “We need more Europe, ...
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EU to Import 45180 Tons of Sugar at Reduced Duty Levels
BusinessWeek
By Isis Almeida on June 07, 2012 The European Union will import 45180 metric tons of sugar at a reduced duty in the last planned tender this season to ease shortages in the market. The 27-nation bloc accepted bids to import 40000 tons of raw sugar at a ...
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EU Court Said to Dismiss Steel Producers' Suit on Carbon
BusinessWeek
By Ewa Krukowska on June 07, 2012 The European Court of Justice declared inadmissible two lawsuits brought by European steel producers contesting the European Union's method for allocating free carbon permits, according to two EU officials.
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EU Must Improve Bank Governance, Italy's Saccomanni Says
BusinessWeek
By Jeffrey Donovan and Sonia Sirletti on June 07, 2012 The European Union must step up efforts to improve banking governance as it seeks closer economic union to tackle the sovereign-debt crisis, Bank of Italy Director General Fabrizio Saccomanni said.
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Merkel urges 'political' union to solve EU crisis
Jakarta Globe
by Kate Millar | June 07, 2012 German Chancellor Angela Merkel pushed for a stronger European political union Thursday amid growing international calls for action as fears of a Spanish banking meltdown fuelled the eurozone crisis. In the United States, ...
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Jakarta Globe
EU's Andor Says Italy's Budget Constraints to Curb Public Jobs
BusinessWeek
By Lorenzo Totaro on June 07, 2012 European Union Employment Commissioner Laszlo Andor said that Italy's budget constraints may lead to a reduction in the number of civil servants. “We are all aware of the budget constraints for Italy and Italy needs ...
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HSBC's Flint Says Bank Capital Is 'Immediate Concern' in Europe
BusinessWeek
By Elisa Martinuzzi and Adam Ewing on June 07, 2012 HSBC Holdings Plc (HSBA) Chairman Douglas Flint said the European Union and the financial industry need a long-term plan to regain investor confidence once the region's bank recapitalization is ...
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LG Electronics Confirms EU Antitrust Complaint Over TV Tubes
BusinessWeek
By Aoife White on June 07, 2012 LG Electronics Inc. (066570) said it's “aware” that the European Commission issued it an antitrust complaint in a price-fixing probe involving the cathode-ray industry. Royal Philips Electronics NV (PHIA) said yesterday ...
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Merkel Backs Two-Speed Europe With Core Euro in Poke at Cameron
BusinessWeek
By Rainer Buergin on June 07, 2012 German Chancellor Angela Merkel said that she supports a two-speed European Union, with a core group in the euro pressing ahead with deeper integration and the UK among the others relegated to Europe's margins.
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Borg Says Spain Needs EU Bank Bailout Not Fiscal Overhaul
BusinessWeek
By Rebecca Christie and Josiane Kremer on June 07, 2012 Swedish Finance Minister Anders Borg said Spain needs help recapitalizing its banks and not a broad- based overhaul as its budget outlook improves. “This is not a fiscal basket case, ...
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Merkel: Give Up More Power to Europe
TIME
By AP Thursday, June 07, 2012 German Federal Chancellor Angela Merkel speaks during a press conference at the end of a two-day European Unionsummit on March 2, 2012 at the EU headquarters in Brussels. (BERLIN) — German Chancellor Angela Merkel is ...
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Politics live blog - Thursday 7 June
The Guardian (blog)
She also reports on Lord Owen's call in the Times for a national referendum on whether Britain would be better off leaving the EUto join a new, wider single market. The former Labour foreign secretary and SDP founder said: I think the country feel ...
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The Guardian (blog)
Hungary's Media Law Changes Disappoint, EU's Kroes Tells Figyelo
BusinessWeek
By Andras Gergely on June 07, 2012 Hungary's changes to its media law failed to address concerns of the European Union and the Council of Europe, Neelie Kroes, the 27-nation bloc's commissioner for digital affairs, told Figyelo.
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Spain's Banks May See Losses Up to 112 Billion Euros, S&P Says
BusinessWeek
By Charles Penty and Emma Ross-Thomas on June 07, 2012 Spanish banks will recognize loan losses of 80 billion euros ($101 billion) to 112 billion euros by the end of 2013 as the country's double-dip recession drives up defaults, Standard & Poor's said.
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Iran-EU Negotiating Disagreement Could Delay Moscow Talks
Antiwar.com
by John Glaser, June 07, 2012 Iran's top nuclear negotiator Saeed Jalili on Wednesday criticized the European Union diplomat Catherine Ashton, who acts as a middle -man between Iran and the P5+1, for dragging her feet in setting up smaller meetings ...
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Japan Cabinet Said to Approve Insuring Iran Tanker Calls
BusinessWeek
By Yuji Okada and Rob Sheridan on June 07, 2012 Japan's Cabinet is poised to approve a bill giving sovereign guarantees for the nation's oil tankers loading Iranian crude, potentially undermining Western sanctions targeting the Persian Gulf nation's ...
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IRISH-MAY-SELL-BILLS
BusinessWeek
By Joe Brennan on June 07, 2012 Ireland may sell treasury bills within weeks, returning to international debt markets after almost two years. EuropeanCentral Bank President Mario Draghi said yesterday the nation may be able to return to markets in the ...
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UK Ministers Skip Euro 2012 Over Ukraine Human-Rights Concerns
BusinessWeek
By Robert Hutton on June 07, 2012 UK ministers will not attend the opening stages of the Euro 2012 soccer championship due to concerns about human rights in Ukraine. The European Union has called for opposition leader Yulia Tymoshenko to be freed from ...
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With Russian and Chinese backing - Iran continues to play tough
Haaretz (blog)
By Anshel Pfeffer | Jun.07, 2012 | 9:40 PM Russian President Vladimir Putin arriving in Beijing, China on Tuesday, June 5, 2012. Photo by AP European Union foreign policy chief Catherine Ashton (L) chats with Iran's chief negotiator Saeed Jalili as ...
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Haaretz (blog)
Dow leaps 286 points
San Mateo Daily Journal
June 07, 2012, 05:00 AM By Matthew Craft AP NEW YORK — Hope thatEuropean leaders will take steps to ease the region's debt crisis sent stocks surging to their best day this year Wednesday. Speculation that the Federal Reserve could make another move ...
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Activists Scrap Ship at Brandenburg Gate to Protest Overfishing
BusinessWeek
By Stefan Nicola on June 07, 2012 Torsten Knorr sinks a buzz saw into the rusty propeller of what looks like an 80-foot-long fishing trawler stranded in front of the Brandenburg Gate in Berlin. The trawler is a caoutchouc-made dummy installed today by ...
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De Gucht Presses China to Step Up Investment in European Union ...
By china business - Google News
BusinessLIVEDe Gucht Presses China to Step Up Investment in European UnionBusinessWeekBy Jennifer M. Freedman on June 07, 2012 China should invest more in the European Union as the bloc struggles with a spreading recession, ...
Business News Online
CORRECTED: POLL: Analysts trim outlook for EU carbon prices ...
CORRECTED: POLL: Analysts trim outlook for EU carbon prices. 07 Jun2012 16:23 Last updated: 07 Jun 2012 18:43. LONDON, June 7 (Reuters) - Analysts forecast European Union carbon permit prices in the second half of 2012 at 7.37 ...
Point Carbon - News
Iran-EU Negotiating Disagreement Could Delay Moscow Talks ...
By John Glaser
Iran-EU Negotiating Disagreement Could Delay Moscow Talks. The West has been aggressive and stubborn in the talks, which could lead to a complete failure of diplomacy. by John Glaser, June 07, 2012. Print This | Share This. A public ...
News From Antiwar.com
Elder of Ziyon: EU expands definition of PalArab "refugees" beyond ...
By Elder of Ziyon
Thursday, June 07, 2012 ... If it cared about them more than about the fear of Arabs complaining to them, the EU would be pressuring Lebanon to give citizenship to these stateless people - people who are in their current situation because of Lebanese actions. But to this humanitarian .... The Israel Situation:The Elder manages to write so many great, investigative posts that I am often looking to him for important news on the PalArab (his term for Palestinian Arab) side of things." ...
Elder of Ziyon
European veg oil PM, Soft Oil Prices – Jun 07 | Palm Oil HQ
By Palm Oil HQ
CRUDE PALM OIL Aug (BMD) RM 2974 ▲ ▲0.00% US$ 940.08 ▲0.00 ▲0.00%; Get full access to Palm Oil News, Prices & Market Intelligence - Upgrade to Palm Oil HQ Professional ... European veg oil PM, Soft Oil Prices – Jun 07 ... Jun 12 994.00 -7.00 Jun-Jul 12 1012.00 -3.00 Jul 12 994.00 -9.00 Aug-Oct 12 1015.00 -5.00 Aug-Sep 12 998.00 -6.00 Nov 12-Jan 13 1028.00 -2.00 Oct-Dec 12 1007.00 -7.00 Feb-Apr 13 1020.00 -5.00 Sunflower oil, E.U.origin Groundnut oil, any ...
Palm Oil HQ PRO Palm Oil News
Merkel: EU political union first and foremost - The Local
The Local: Germany's news in English. Wittenberg celebrates Martin Luther's wedding, Frankfurt fetes the rose · What's on in Germany ... Merkel: EUpolitical union first and foremost. Published: 7 Jun 12 08:42 CET Online:http://www.thelocal.de/ politics/20120607-43003.html. Share. Tweet. Chancellor Angela Merkel said Thursday that she would work towards a European political union even if that meant a two-speed approach. She spoke just hours before British Prime Minister David ...
The Local - Germany's news in English
Dow Jones has biggest gain of year as Wall Street banks on U.S. ...
By The Associated Press
... biggest gain of year as Wall Street banks on U.S., European governments to boost economies. Published: Thursday, June 07, 2012, 12:00 AM Updated: Thursday, June 07, 2012, 12:16 AM ... At the same time, news reports indicated that Germany and European Union officials were considering a plan to lend money from the European bailout fund to help rescue Spain's hobbled banks. In an ordinary stock market, neither development would likely cause a ripple. But the market has ...
Pennsylvania Business News
Obama Admin Blasts EU Law Charging ... - ABC News Radio
By Jeanette Torres
Medioimages/Photodisc/Thinkstock(WASHINGTON) -- The White House is not happy about a new policy by the European Union that would charge U.S. airline carriers every time planes land or leave the continent. The law by theE.U. is intended to reduce green-house gas emissions. While the Obama administration supports ... News Radio. Date Thursday, June 7, 2012 at 4:44AM by Author Jeanette Torres · Permalink. tagged Tag Airlines, Tag EU, Tag European Union in Category ...
World News - ABC News Radio
BBC News - Booming coal-fired Poland blocks EU - Tom Nelson
By Tom
Thursday, June 07, 2012. BBC News - Booming coal-fired Poland blocks EUemissions target · Twitter / RichardTol: Pacific Institute chooses. Pacific Institute chooses to go down with Peter Gleickhttp://www.pacinst.org/press_center/p …
Tom Nelson
CA-NEWS: Financial commitments of E.U. in support of Kyrgyzstan ...
Financial commitments of E.U. in support of Kyrgyzstan for 2010-2012 make 125 million euro. 07 June 2012, 15:54. CA-NEWS (KG) - You are not authorized. Please, subscribe! To get access to the given material you should be the registered ...
CA-NEWS : central asian news service
Turkey sticks to boycott of Cyprus EU presidency
... carry out its threat to cease contact with the EU Presidency when Cyprus assumes ... Reuters TV · Reuters News ... ISTANBUL | Thu Jun 7, 20122:56pm EDT ...
www.reuters.com/.../us-turkey-eu-idUSBRE85615S20120607
Steelmakers say top EU court rejects carbon permits case
BRUSSELS, June 7 (Reuters) - European steelmakers said theEuropeanUnion's top court had thrown out their case seeking tochange rules on free carbon ...
www.reuters.com/.../eu-steel-carbon-idUSB5E8GN02F201206...
EU states prepare rules for suspending visa-free travel
BRUSSELS (Reuters) - European Union governments would be able to suspend ... Reuters TV · Reuters News ... BRUSSELS | Thu Jun 7, 20129:05pm BST ...
uk.reuters.com/.../uk-eu-schengen-idUKBRE85619K2012060...
Merkel pushes for EU political union - ninemsn News
07.28 pm, Thursday June 07 2012 ... More world news: ... European Unionleaders are under intense pressure from their populations as well to take action to ...
news.ninemsn.com.au/article.aspx?id=8480299
EUROPA - Press Releases - Midday Express of 2012-06-07
EXME 12 / 07.06 Midday Express of 2012-06-07 News from the European ...EU Member States now have two years to introduce the new rules in their national legal .... It debuts this year in Pavia, Italy (6-10 June) as the first in a series to be ...
europa.eu/.../pressReleasesAction.do?...0...
Spain Yet To Request Bank Assistance From EU - adr.com | Markets ...
Back to all Global News & Commentary ». Spain Yet To Request Bank Assistance From EU. 7:55 AM ET on Thursday, June 07, 2012. BRUSSELS--The ...
https://www.adr.com/Markets/GlobalNewsStory?docID=1...
Article > EU Ombudsman raps EMA in child medicines case
World News | June 07, 2012. Bookmark and Share · Tweet · Lynne Taylor.EU Ombudsman raps EMA in child medicines case. The European Ombudsman has ...
www.pharmatimes.com/.../EU_Ombudsman_raps_EMA_in_c...
EU, national governments split on border controls - World News ...
Interior ministers from the European Union's 27 member-countries rejected Thursday ... The Associated Press. Thursday, Jun. 07, 2012 Thursday, Jun.07, 2012 ...
www.modbee.com/2012/.../eu-national-governments-split.htm...
David Owen's EU remedy? Yes, a referendum | Michael White ...
He calls one the European union, the other the European community. The former would .... Response to moonlightninja, 7 June 2012 2:08PM. Remember ...
www.guardian.co.uk/.../david-owen-eu-remedy-referendum
Turkey says won't recognize Cyprus as EU president - The Daily Star
(From-L)Turkey's Minister for EU Affairs Egemen Bagis, EU foreign policy chief Catherine Ashton, Turkish Foreign Minister Ahmet Davutoglu, and EU ...
www.dailystar.com.lb/.../176060-turkey-says-wont-recognize-...

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