Monday, January 30, 2012

Germany's budget discipline plan for EU approved

Germany's budget discipline plan for EU approved


Germany's budget discipline plan for EU approved

Posted: 30 Jan 2012 11:48 AM PST

German Chancellor Angela Merkel appeared on Monday to have succeeded in pushing through her plan to force EU countries to adopt stricter budget…

French Greens seek greater role for EP in crisis

Posted: 30 Jan 2012 11:33 AM PST

The eurozone's problems are having a big impact on domestic politics in many member states. In France the Greens have made it a top priority in their…

Hungary moves to prevent Malev bankruptcy

Posted: 30 Jan 2012 11:17 AM PST

The Hungarian government wants to stop national airline Malev from going bankrupt. Companies deemed by law to be of "strategic importance" can be…

Iran says it has laser-guided artillery shells

Posted: 30 Jan 2012 10:03 AM PST

Iran says it has manufactured laser-guided artillery shells able to locate and hit moving targets with a high degree of precision. The claim…

Dozens die as cold snap grips Europe

Posted: 30 Jan 2012 09:03 AM PST

Freezing temperatures have killed more than 30 people across central and eastern Europe. At least ten people have died in Poland where the cold…

EU leaders in key Brussels debt summit

Posted: 30 Jan 2012 08:54 AM PST

European leaders arrived in Brussels on Monday for a key summit which they said would help bring about a return to growth but which economists…

Syria: Assad troops fight back against rebels

Posted: 30 Jan 2012 08:23 AM PST

Soldiers loyal to Syrian President Bashar al-Assad have reportedly beaten back some rebels advancing on the capital. But fierce street fighting…

Weaker European economy pushed Philips to Q4 loss

Posted: 30 Jan 2012 07:23 AM PST

Philips swung to a net loss in the final three months of 2011. It blamed cuts in government budgets for reducing healthcare equipment sales and said…

EU leaders shift focus from austerity to growth

Posted: 30 Jan 2012 06:43 AM PST

Growth and job creation are high on the agenda as EU leaders gather in Brussels for their latest summit. The economic crisis is not far away,…

Unions want to 'reverse' austerity with strike in Belgium

Posted: 30 Jan 2012 06:33 AM PST

As European leaders discuss the eurozone debt crisis in Brussels, Belgium's three largest unions want their government to reconsider its approach to…

Spanish airline collapse leaves 20,000 stranded

Posted: 30 Jan 2012 05:43 AM PST

The collapse of Spanair, Spain's fourth biggest airline, has stranded more than 20,000 people in Europe and Africa. As Spanair filed for…

Sarkozy takes election gamble with economy plans

Posted: 30 Jan 2012 05:34 AM PST

Are they daring or disastrous? Opinion is divided in France after President Nicolas Sarkozy unveiled tough measures that he hopes will get his…

Ryanair lifts profit forecast

Posted: 30 Jan 2012 05:28 AM PST

Ryanair has raised its profit forecast for its current financial year which ends in March. The Irish low-cost airline, which is Europe's…

New boss in latest Carrefour turnaround bid

Posted: 30 Jan 2012 05:27 AM PST

It is all change at Carrefour Europe's largest retailer. Out goes Lars Olofsson, who failed to revive the French group's ailing hypermarkets, and…

Ship-wrecked newly-weds thank Giglio islanders

Posted: 30 Jan 2012 03:43 AM PST

A newly-wed couple who survived the Costa Concordia disaster have made an emotional return to the scene of the accident to thank locals who helped…

General strike in Belgium as EU leaders arrive in Brussels

Posted: 30 Jan 2012 03:13 AM PST

Coinciding with the EU summit in Brussels, Belgium's first general strike in almost 20 years has brought much of the country to a standstill.…

Castro rules out multi-party system in Cuba

Posted: 30 Jan 2012 02:13 AM PST

The Cuban president has re-affirmed the communist island's commitment to a one-party political system, dashing any faint hopes dissidents may have…

Diving inside the Costa Concordia

Posted: 30 Jan 2012 02:05 AM PST

no comment : Diving inside the Costa Concordia

Back in the Day: assassination of a peace icon

Posted: 30 Jan 2012 02:02 AM PST

*January 30, 1948:* Mohandas Karamchand Gandhi, the iconic leader of the peaceful Indian independence movement, is shot and killed by Hindu extremist…

Peace doves do not want to leave the Pope

Posted: 30 Jan 2012 02:02 AM PST

no comment : Peace doves do not want to leave the Pope

Taking an icy plunge for Russia's Homeless

Posted: 30 Jan 2012 01:48 AM PST

no comment : Taking an icy plunge for Russia's Homeless

Head of nationalised UK bank RBS declines his bonus

Posted: 30 Jan 2012 12:43 AM PST

Following public and political outcry in the UK over the weekend, Royal Bank of Scotland boss Stephen Hester has decided not to accept a bonus of…

Wade again cleared to run for Senegal presidency

Posted: 29 Jan 2012 11:34 PM PST

Opposition groups have lost their appeal to prevent Abdoulaye Wade running for president of Senegal a third time. The Constitutional Council, the…

Concordia wreck might not be moved for months

Posted: 29 Jan 2012 08:23 PM PST

The wreck of the cruise ship Costa Concordia could remain lying off the Italian coast until the end of the year or even longer. Bad weather and…

EU leaders hold debt crisis summit - again

Posted: 29 Jan 2012 07:03 PM PST

European leaders are holding their 17th summit in two years as the bloc battles to resolve its sovereign debt problems. In Brussels 26 of the 27…

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