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A collection of news and information related to European Union published by Tribune Company sources.
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All aboard the EU funding train: euro1.7 billion for rail works from France to Hungary
BRUSSELS, Belgium (AP) — The European Union has approved euro1.7 billion (US$2.15 billion) in funding for 11 railway projects aimed at clearing bottlenecks in Europe's transport grid. The European Commission said Friday that the decision also shows... -
EU sees no problems with Bank of America takeover creating largest US financial group
BRUSSELS, Belgium (AP) — European Union antitrust regulators on Friday cleared Bank of America Corp. to buy Merrill Lynch & Co., saying they saw no problems with the $50 billion takeover that will create the largest U.S. financial services company....Tags: Bankruptcy, Merrill Lynch & Company Inc., North Carolina, Mergers, Acquisitions and Takeovers, Bank of America Corp.
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Amsterdam pledges to fight crackdown on marijuana cafes ordered by national government
Associated Press WriterAMSTERDAM, Netherlands (AP) — Amsterdam will fight national efforts to crack down on marijuana cafes — arguing that the city's establishments are so strictly regulated that it is unnecessary to comply with a government ban on having them...Tags: Mushrooms, Government, Tour Operations Industry, Organized Crime, National Government
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EU: Germany's RWE gas giant offers to end antitrust case with sell-off concessions
BRUSSELS, Belgium (AP) — RWE Gas AG, the German energy giant, is offering to end an EU antitrust probe into its marketing practices by selling off its high-pressure transmission network to anyone not involved in generating or supplying power, the...Tags: Antitrust Issues
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EU provides more details on giving states extra room on bank bailout plans
AP Business WriterBRUSSELS, Belgium (AP) — The EU's antitrust chief said Friday that member states would be given more room to support their ailing banks, an effort to increase lending as several European countries slide into recession. French and German officials...Tags: Restructuring and Recapitalization
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South Africa deploying military doctors to treat Zimbabweans suffering from cholera
Associated Press WriterJOHANNESBURG, South Africa (AP) — South Africa is sending more military doctors to its northern border to treat Zimbabwean cholera victims who have fled their collapsing homeland to get help, the government said Friday. Cholera is easily...Tags: Government, International Court or Tribunal, Foreign Aid, Charity, Health Organizations
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Thailand reopens main international airport but tourists face canceled flights, confusion
Associated Press WriterBANGKOK, Thailand (AP) — Stranded travelers trying to head home were greeted by dancers, drummers and canceled flights Friday as Thai authorities announced the official reopening of Bangkok's international airport two days after it was cleared of...Tags: Government, Dance, Heathrow, Dining and Drinking, Wine, Beer, and Spirits
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Merrill Lynch shareholders approve sale to Bank of America; BofA shareholders set to vote
AP Business WriterCHARLOTTE, N.C. (AP) — Merrill Lynch & Co. shareholders on Friday approved the investment bank's sale to Bank of America Corp., in a move that will create the nation's largest financial-services firm. During a special shareholders meeting at...Tags: Business Enterprises, North Carolina, Morgan Stanley Dean Witter & Company, New York, Financial District
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Donors pledge $5B development assistance to Vietnam, less than last year as Japan freezes aid
HANOI, Vietnam (AP) — International aid donors pledged $5 billion in low-interest loans and grants to Vietnam on Friday, with the total falling slightly from last year because Japan has frozen aid until the communist country takes effective measures...Tags: Government, Foreign Aid, Charity, Corruption, Economic Organization
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Danish central bank lowers interest rate by 0.75 percentage point to 4.25 pct
COPENHAGEN, Denmark (AP) — Denmark's central bank on Thursday lowered its key interest rate by 0.75 percentage point to 4.25 percent, mirroring a cut by the European Central Bank. The Nationalbank said the decision was a consequence of the ECB's...Tags: Central Bank, Money and Monetary Policy
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EU approves 1 billion euro fund to help poor countries suffering from food shortages
BRUSSELS, Belgium (AP) — The EU has approved the creation of a special euro1 billion (US$1.26 billion) emergency fund to help poor countries cope with food shortages. The European Union assembly says no more than 35 priority countries should be...Tags: Famines, Food Industry
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European court makes landmark ruling on DNA; Britain might have to destroy 1 million samples
Associated Press WriterLONDON (AP) — Europe's top human rights court Thursday struck down a British law that allows the government to store DNA and fingerprints from people with no criminal record — a landmark decision that could force Britain to destroy nearly 1...Tags: Justice System, Police, Prostitution, Civil Rights, Biotechnology Industry
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