Latest Europe News
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Europe stocks slide after Fed meeting
LONDON (MarketWatch) -- European stock markets opened sharply lower on Thursday, after U.S. Federal Reserve Chairman Ben Bernanke said late the prior day the central bank may scale back its bond purchases this year, depending on the economic outlook. The Stoxx Europe 600 ...
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How European Public Broadcasters Cash Crunch Affects Hollywood
Athens is a long way from Hollywood, so when the cash-strapped Greek government decided to shut down its national public broadcaster, the Hellenic Broadcasting Corporation or ERT, it sparked huge local protests, while the news barely registered in Tinseltown. However, anyone doing business in Europe – and that includes all the studios – should pay attention given the ripple ...
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Taoiseach to meet European leaders in Vienna
Taoiseach Enda Kenny will travel to Vienna today to meet other European leaders for a summit to prepare for the next European Council meeting.He will join the President of the European Commission Jos Manuel Barroso and the German Chancellor Angela Merkel for the meeting of leaders of the European People's Party.They are preparing the agenda for a meeting of the European Council on June 27 ...
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Europe shares fall on US stimulus fears China PMI
Euro STOXX 50 index fell 2 percent to 2,631.88 points. Mining stocks dominated the loserboard, falling on fresh signs of a slowdown in China - the world's biggest metals consumer - while Swiss luxury goods stocks Swatch and Richemont also fell which traders attributed to data showing a fall in Swiss exports. Global equity markets have fallen back from multi-year highs over the last month as ...
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UAE Ambassador to Portugal meets European Parliament Member
WAM LISBON, June 20th, 2013 (WAM) -- The UAE's ambassador to Portugal, Saqr Nasser Al Raisi has met Mario David, Member of the European Parliament and Vice President of the European People's Party. During the meeting, which was held at the Embassy headquarters, they reviewed the distinguished bilateral relations between the two countries and ways of enhancing them in various ...
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FCCs Alpine Germany files for insolvency
VIENNA, June 20 | Thu Jun 20, 2013 3:28am EDT VIENNA, June 20 (Reuters) - The German unit of FCC's Alpine Bau has filed for insolvency, following a similar move by its Austrian parent construction company on Wednesday. Alpine Bau Deutschland has operations in the Netherlands, Poland, Russia and the United Arab Emirates as well as Germany, and employs 1,500 people. It had sales of ...
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Chinese Astronaut Gives Live Video Lesson From Space
Wang Yaping, China's second female astronaut, is one of three crew members sent to space last week on the Shenzhou-10 spacecraft. She delivered her lecture from the Tiangong-1 experimental space lab, which China views as a prototype for a full-fledged space station. Wang participated in a question-and-answer session with students in a Beijing school. She also conducted a series of ...
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Mining and luxury stocks hit as Europe shares fall
LONDON, June 20 | Thu Jun 20, 2013 3:09am EDT LONDON, June 20 (Reuters) - European shares fell on Thursday as confirmation that the U.S. Federal Reserve would wind down economic stimulus measures, together with weak Chinese data, hit investor sentiment. The pan-European FTSEurofirst 300 index, which raced to a 5-1/2 year high last month, was down by 1.5 percent at 1,162.19 points by ...
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Germanys DEG to invest up to $188 mln in MENA firms next year
DUBAI, June 20 | Thu Jun 20, 2013 3:09am EDT DUBAI, June 20 (Reuters) - DEG, a unit of German state development bank KfW, plans to invest up to 140 million euros ($188 million) in Middle Eastern and North African (MENA) private firms next year despite concerns over the region's short-term political instability. DEG, which finances investments of private companies in developing and ...
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Brussels keeps its distance from GERB and Borisov
Despite the last general election in Bulgaria resulting to a clear defeat of the GERBright wing ruling party under Boyko Borisov and in spite the successful formation of a new coalition government under the socialist Prime Minister Plamen Oresharski, the country is going through a political nightmare. In a rearguard battle to maintain power, the former ruling party is trying to manipulate the ...
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Turkish Fenerbahce to submit match-fixing defense to UEFA
Turkish soccer giant Fenerbahce will submit its defense on match-fixing charges at the House of European Football in Nyo on Thursday, local media reported.In its defense, Fenerbahce will argue against being punished for the same crime twice and inconsistencies in UEFA's treatment of the club.The Istanbul-based team was summoned by the Control and Disciplinary Body of UEFA on June 10 ...
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Obama arrives in Berlin for official visit
US President Barack Obama (2nd L) and German President Joachim Gauck (1st L) review the guard of honor at the Presidential Palace in Berlin, Germany, June 19, 2013. Obama arrived in Berlin on June 18 for an official visit. Photo: ...
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Two killed in shooting at Slovenias kindergarten
A bloody gunshot occurred on Wednesday at a kindergarten near the town of Domzale, some 10 kilometers northeast of Ljubljana, Slovenia, killing a man and a woman. The woman, an employee in the Rodica kindergarten, was shot and killed by the man. The unidentified gunman, who was jealous of the victim, committed suicide after the killing. The shooting is the first of its kind in Slovenia, local ...
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Euro Ministers to Lay Banking Union Cornerstone
Euro zone finance ministers will decide on Thursday when and how their bailout fund can invest in a bank to save it from failure, laying a cornerstone of the banking union seen as vital to restore economic growth. Ministers from the 17 countries using the euro will also set guidelines for how much a government would have to contribute to such a bank rescue, which banks would be eligible, and who ...
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Netflix set to expand to Netherlands this year marking firms 41st nation
Subscribers will be able to stream Hollywood fare, local TV series and Netflix originals like "House of Cards" and "Arrested Development" on TVs, game consoles, computers and mobile devices. Netflix Inc. didn't offer details on pricing, saying only there would be a "low monthly price." As of the end of March, Netflix had 29.2 million streaming subscribers in ...
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France hit by weather chaos
Flash floods in southwestern France claimed two elderly victims in the space of 24 hours as unseasonal storms caused havoc across huge swaths of the country on Wednesday. Flights into Paris were disrupted as the French capital sweltered in conditions more akin to Hong Kong at this time of year and the flooded Catholic pilgrimage site of Lourdes was closed to visitors for a second day. A woman ...
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Italy knock out Japan in Confederations Cup
Italy join Brazil in the semi finals of the Confederations Cup after knocking out Japan. Substitute Sebastian Giovinco tapped in a late goal to secure Italy a 4-3 win . Japan might be out but their quick passing style of play will make them a crown pleaser at next year’s World Cup, for which they have already ...
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European stock index futures signal sharp losses
PARIS, June 20 | Thu Jun 20, 2013 2:04am EDT PARIS, June 20 (Reuters) - European stock index futures pointed to a sharply lower open on Thursday, tracking losses on Wall Street after U.S. Federal Reserve Chairman Ben Bernanke confirmed the Fed would begin winding down its stimulus measures later this year. At 0602 GMT, futures for Euro STOXX 50, for UK's FTSE 100, for Germany's ...
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Spain win quite impossible says Tahiti coach
Source: Reuters Tahiti coach Eddy Etaeta said it would be "quite impossible" for his team to beat world champions Spain tomrrow but even if Spain scored 20 goals, he would be happy if Tahiti grabbed one. "We must be highly realistic and it is impossible for us to beat Spain, quite impossible. They are the European and the world champions and the favourites to win this ...
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Europe Factors to Watch-Shares set to sag after Fed China PMI
PARIS, June 20 (Reuters) - Financial spreadbetters expect Europe's main stock indexes to drop on Thursday, tracking losses on Wall Street after U.S. Federal Reserve Chairman Ben Bernanke confirmed the Fed would begin winding down its stimulus spending later this year. They expect London's FTSE 100 to open around 100 points lower, down 1.6 percent, Frankfurt's DAX 95 to 98 points ...
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U.S. Human Trafficking Report Downgrades Russia to Lowest Level
WASHINGTON - In a move that opens the door to sanctions, the U.S. State Department named Russia and China among the world's worst countries in terms of forced labor and sex trafficking in its 2013 Trafficking in Persons Report. This year's report states that the government "does not fully comply with the minimum standards for the elimination of trafficking." According to ...
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Star of Acclaimed TV Series The Sopranos Dies
U.S. film and television actor James Gandolfini, who portrayed an emotionally vulnerable crime boss on the groundbreaking television drama "The Sopranos," has died at the age of 51. Statements issued by the actor's managers and U.S. cable television network HBO, which aired the series from 1999 through 2007, said Gandolfini died while on vacation in Italy from a possible heart ...
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Turkish unions business groups back crackdown on Taksim Square protest
The Turkish ruling elite is closing ranks around Prime Minister Recep Tayyip Erdogan's crackdown against protests. Threatening to send the army against the population, Erdogan has sent riot police to violently clear Taksim Square, arresting hundreds of protesters Tuesday.WSWS supporters in Turkey reported that 20 business groups and trade union federations took out a full-page advertisement ...
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Pope Francis Calls to Protect Refugees
Vatican City, Jun 20 (Preensa Latina) Pope Francis called today all the people and institutions in the World to protect refugees, during a public audience at Saint Peter''s Square, before more than 90,000 people, the local media reported. The Supreme Pontiff recalled with this action the holding of the World Refugee Day on June 20. Allegoarically to the date, he urged to consider the ...
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Gilmore agrees provisional deal on trillion-euro budget for seven years
PROVISIONAL agreement has been reached on a near trillion euro EU-wide budget for the next seven years, under negotiations involving the Irish ...
Europe Focus
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US nuclear missles in Europe remain poised for a war that will never come
The United States and Russia recently signed a new landmark nuclear non-proliferation treaty called START in March and the US in early May followed up its non-proliferation goals by making the unprecedented step of publicly declaring how many nuclear weapons it had – just over 5,113 in total, though many of them are in storage and would take time to be deployed.
That is a vast reduction compared to the total arsenal the country possessed at the height of the Cold War in 1967, the number at that time was 31,225, according to reports by European news media. Read more
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