Glorious Guimaraes: Chic and cheerful in Portugal’s new European Capital of Culture

Guimaraes

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.

01/31/2012 — Filed under: Society
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Three arrested after seizure of £8,2million of drugs in Ripple Road, Dagenham

drugs

Three men have been arrested after more than £8million of drugs were seized by the Metropolitan Police.

01/30/2012 — Filed under: Crime
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EU Seeks Early-Retirement Curbs in Plan to Rein in Pension Costs

pensions

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.

01/29/2012 — Filed under: Finance
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EU tax chief braves UK scorn on trading levy

london

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.

01/28/2012 — Filed under: Finance
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EU Says Greek Bond Swap Requires Time for Investor Decisions

greece

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
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EU eyes curbs to rein in shadow banking

European Flag

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
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EU to punish Spain for deficits, inaction

spain

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
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Britain lags behind in European education league table

Education

We came 19th in a list of 33 nations comparing what proportion of residents had A-levels or an equivalent qualification

01/24/2012 — Filed under: Society
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6 Mafia bosses arrested in Italy

mafia

Bosses of several Italian Mafia rings have been arrested for trying to monopolize freight transport market in Italy’s south.

01/23/2012 — Filed under: Crime
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Stanleybet Says EU Ruling Shows Italy Erred Trying to Block It

gambling

Stanleybet International Ltd., a British sports-betting company, said a European Union court ruling showed that the Italian government was wrong to seek to block its business in the country.

01/22/2012 — Filed under: Business
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