European Union
The European Commission has referred the Czech Republic to the Court of Justice for breaching EU public procurement rules by not opening up a public contract for military tactical transport aircraft to EU-wide competition. The Czech Republic directly awarded the contract worth 132 million to the company supplying the aircraft,
European Union
The European Union's ambitious Galileo satellite navigation system is facing budget problems and potential political uproar due to cost-cutting measures proposed by the German government. The program, which aims to provide an independent satellite navigation system in Europe, is over budget and behind schedule, with estimated costs reaching
Microsoft Corp.
The European Commission has taken a hard stance against Microsoft, increasing the daily penalty for noncompliance with an antitrust ruling from €2 million to €3 million. This decision comes after Microsoft failed to provide technical information about its Windows operating system to rival software makers, as ordered by the commission
Microsoft Corp.
The European Union's European Commission is discussing whether to raise the ceiling on future fines against Microsoft, which has failed to comply with a 2004 antitrust ruling that the company abused its dominant market position. The current ceiling is 2 million euros ($2.5 million) a day, but
European Union
The European Commission will decide by January 2006 whether to take action on a proposed Green Paper aimed at developing the EU mortgage market. The paper, published as part of a four-stage process, reflects the complexity of the issue and puts forward options for areas such as consumer protection and
European Union
The European Union and Hong Kong share a complex and changing economic relationship, with both sides declaring a desire to strengthen ties through a structured dialogue. However, the data suggests that the partnership is less robust than claimed by EU officials. Hong Kong's domestic exports to the EU
European Union
The European Union is set to organize a seminar in New Delhi to forge a draft action plan for deepening its ties with India. The seminar, to be held later this month, aims to promote mutual interests and strengthen the EU-India strategic partnership. The European Commission's Head of
European Union
Agricultural markets in the European Union, particularly in the new member states (NMS), are expected to undergo significant changes between 2004 and 2011. According to a European Commission report, beef production is expected to decline due to decoupling of subsidies, while pork production is anticipated to increase in the NMS,
United Kingdom
The UK government has requested that the European Commission refer the proposed acquisition of aggregates producer Tarmac by global mining giant Anglo American to UK competition authorities for review. The deal, worth $2bn (£1.24bn), has raised concerns over competition in the UK's aggregates market. Anglo American'
United Kingdom
The Westminster Government has refused a proposal from the French government to lift the ban on Scottish beef, sparking outrage among Scottish National Party (SNP) leader Alex Salmond and Tory Agriculture spokesman Tim Yeo. French Prime Minister Lionel Jospin had suggested allowing imports of beef from grass-fed Scottish cattle, but
European Union. European Commission
European Commission President Jacques Santer was called upon to step down by British Prime Minister Tony Blair and other EU leaders, amidst a bribery scandal involving top officials. The crisis deepened as Santer defiantly declared, "I am whiter than white," and accused the inquiry report of being "
European Union. European Commission
As the European Union confronts its worst ever sleaze scandal, Commissioner Edith Cresson prepares for a potentially devastating report into her department's corrupt practices. The committee of "wise persons" has completed its investigation and will deliver its findings at 5pm today, prompting an emergency meeting at
