European Union
Greece's Prime Minister, George A. Papandreou, narrowly survived a confidence vote, but the country's economic crisis has escalated, with a default on its $500 billion sovereign debt looming. Without urgent domestic reform and support from the European Union, Greece risks a vicious cycle of decline. The
European Union
The European Union has come under fire for allegedly providing incentives to Uzbekistan to sell its cotton in Europe, despite claims of forced child labour in the industry. Ahead of World Day Against Child Labour, Anti-Slavery International urged the international community to investigate the use of forced child labour in
European Union
The European Commission's antitrust case against Microsoft is nearing its end as the software company's lawyers face off against the Commission in the European Union's top court over a €899m fine imposed for non-compliance with a decision made several years earlier. Microsoft argues that
European Union
The European Commission has announced the launch of the first two operational satellites of the Galileo satellite navigation system on October 20th. This marks the beginning of a series of launches that will complete the constellation by 2019 and provide initial satellite navigation services in 2014. The Galileo system will
Prime ministers
European leaders on Friday called on Portuguese political parties to commit to tough financial targets, amid fears that the country may require a bailout from Europe and the International Monetary Fund. The move comes as Portugal's government, led by Prime Minister Jose Socrates, faces mounting pressure to implement
Prime ministers
Japanese Prime Minister Naoto Kan held telephone talks with European Council President Herman Van Rompuy on March 22, 2011, receiving words of heartfelt sympathy for the Tohoku-Pacific Ocean Earthquake. The European Union pledged its assistance and solidarity, with President Van Rompuy assuring Prime Minister Kan that the EU would gather
European Union
Regulators in Brussels are poised to approve News Corporation's £7.8 billion bid to acquire the remaining 61% of British Sky Broadcasting (BSkyB), despite concerns about media plurality and the potential for a single company to dominate the UK's TV advertising market. The European Commission has
European Union
The European Commission has granted orphan designation to nanoparticle albumin-bound paclitaxel, also known as Abraxane, for the treatment of pancreatic cancer, a serious and rare disease that affects a significant number of patients in the EU. This designation was granted on November 26, 2010, and is based on the criteria
European Union
The European Commission's Vice President Viviane Reding engaged in discussions with US officials on addressing data security and counter-terrorism issues. The talks follow the agreement made by EU and US leaders in Lisbon to establish a joint cyber working group. Reding highlighted the importance of cooperation between the
European Union
South Korea's LG Display, the world's second-largest supplier of liquid-crystal display (LCD) panels, may appeal a 215 million euro fine from the European Commission for price fixing between 2001 and 2006. The company has admitted wrongdoing and expressed respect for the EC's regulatory authority,
European Union
The European Commission's decision to clear Unilever's acquisition of Sara Lee's household and body care business on November 17, 2010, serves as a reminder of the authority's power to require broad remedies from merging parties to address competition concerns. This approach can
European Union
Google's dominance in the online search market has triggered a formal investigation by the European Commission into allegations that the company's practices are stifling competition and favoring its own services. The probe, announced on Tuesday, marks the first major regulatory scrutiny of Google's business
