Bulgarian Govt Grants Melrose 10 Year Gas Concession

Minister Traikov (right) together with Melrose CEO David Archer (right

Bulgaria’s Cabinet has granted a ten-year concession for the extraction of natural gas to the UK company Melrose Resources.

07/21/2010 — Filed under: Politics
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President Nicolas Sarkozy says France ready help Russia in curbing wildfires

Sarkozy

President Nicolas Sarkozy of France has informed Russian President Dmitry Medvedev on the French government’s readiness to respond to any request on assistance in extinguishing the unprecedented wildfires that are raging in many parts of Russia.

07/20/2010 — Filed under: Politics
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Spain’s unemployment eases further in July

unemployment

The number of people unemployed in Spain, which has the highest rate in the euro zone, fell for the fourth month in a row in July as the tourism industry hired workers for the summer, the government said today.

07/19/2010 — Filed under: Business,Society
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Spain proposes deep cuts to solar PV support

Solar-energy

The Spanish government on Sunday announced plans to slash incentives for new solar photovoltaic (PV) installations by up to 45 per cent, although it appeared to edge away from proposals that would have resulted in reduced support for existing installations.

07/18/2010 — Filed under: Business
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Greek review, Spanish debt sale signal Europe recovery

Greece

Greece won international lenders’ approval for its efforts to fix its finances and Spain raised new funds at far cheaper rates than it had to pay just two months ago in further signs that Europe is getting over its debt crisis.

07/17/2010 — Filed under: Finance
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UK interest rates to stay at record low ’until 2014′

лого

The Bank of England will have to keep interest rates at their record low of 0,5% until 2014, a leading economic forecaster has said.

07/16/2010 — Filed under: Finance
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Air-traffic control strike in France disrupts air traffic

air-france-air-lanes

A strike by air-traffic controllers affected flights Wednesday across France, resulting in cancellations of 10 percent of scheduled flights from Paris’ main international airport, the civil aviation authority DGAC said.

07/15/2010 — Filed under: Business,Society
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Italy has second case of mad cow disease

cow

An Italian hospice said a 42-year-old woman dying there represents Italy’s second case of human mad cow disease.

07/14/2010 — Filed under: Society
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Furious Love Parade survivors slam organizers after stampede kills 19

Germany’s Love Parade

Angry survivors demanded answers from organizers Sunday after 19 people were killed in a stampede at Germany’s Love Parade and officials announced an inquiry into how the tragedy unfolded.

07/13/2010 — Filed under: Crime,Society
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Croatian official expects EU talks to wrap in 2011

croatia

Croatia should complete its EU accession talks in the first half of 2011, several months later than expected, Croatian State Secretary for European Integration Andrej Plenkovic said in an interview Thursday (July 22nd) with Reuters.

07/12/2010 — Filed under: Politics
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