Germany’s smear campaign against Greece
Germany’s Wolfgang Schäuble is entering into ever more dangerous waters.
UK still absent from global fibre rankings
The UK is lagging behind other countries such as Lithuania and Sweden in the deployment of super-fast fibre deployment according to the fibre-to-the-home council.
Last year’s storm damage prompts Volkswagen to purchase $5 million protective net
Recalling the hail produced by some of last spring’s violent storms, Volkswagen is spending about $5 million on a massive net to protect part of its car-loading yard at its Chattanooga plant.
02/1/2012
— Filed under: Business
Tags: production, Volkswagen
Glorious Guimaraes: Chic and cheerful in Portugal’s new European Capital of Culture
You might not expect to find a corner of New York in an ancient city barely 30 miles from Porto. But here it is, in a former textile factory, in Guimaraes.
Three arrested after seizure of £8,2million of drugs in Ripple Road, Dagenham
Three men have been arrested after more than £8million of drugs were seized by the Metropolitan Police.
01/30/2012
— Filed under: Crime
Tags: arest, Dagenham, drugs
EU Seeks Early-Retirement Curbs in Plan to Rein in Pension Costs
The European Union should curb early-retirement plans and equalize pension ages for men and women as part of efforts to cut spiraling entitlement costs and help tame the region’s debt crisis, the EU’s top regulator said.
EU tax chief braves UK scorn on trading levy
The European Union’s tax chief on Thursday rejected UK opposition to a planned levy on financial transactions, saying it would dampen risky trading and barely dent growth.
EU Says Greek Bond Swap Requires Time for Investor Decisions
Greek investors will need time to review settlement details and make decisions as a debt swap takes shape along with a second rescue package for the country, the European Union said.
01/27/2012
— Filed under: Finance,Politics
Tags: bond, Greece, investors
EU eyes curbs to rein in shadow banking
Financial operators on the fringes of the traditional bank system could be made to hold more capital and mainstream banks forced to limit exposure to risk in the $60 trillion (38,07 trillion pound) shadow banking sector, a draft EU paper showed.
01/26/2012
— Filed under: Finance
Tags: banking, European Commission
EU to punish Spain for deficits, inaction
The European Union is likely to take action against Spain’s newly installed government by May for delaying austerity measures ahead of a regional election next month, sources familiar with the situation have told Reuters.
01/25/2012
— Filed under: Finance
Tags: monetary affairs, Spain
