European Union

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Obama, Merkel Plan Meeting on US Spying

As EU officials gather to discuss reports

(Newser) - President Obama and Angela Merkel have discussed US spying allegations by phone, the White House says, and they're organizing a meeting between US and German security officials on the issue. "The president assured the chancellor that the United States takes seriously the concerns of our European allies and...

France: No Trade Talks With Spying US

Calls on EU to suspend free-trade zone talks until US offers more details on surveillance

(Newser) - France is apparently still pretty pissed about all this NSA-spying-on-EU business , and is pushing to suspend trade talks between the EU and US until the White House offers up more details on its surveillance activities. "We don't want to abandon negotiations on the free trade agreement with the...

Eurozone Joblessness Hits New High

Zone may not exit recession this quarter

(Newser) - Unemployment across the 17 European Union countries that use the euro hit another all-time high in May, official data showed today. Eurostat, the EU's statistics office, said the eurozone's unemployment rate rose 0.1 percentage point in May to 12.1%. April's unemployment rate was initially estimated...

Europe Erupts, Kerry Shrugs: Bugging Allies 'Not Unusual'

Germany warns: 'We are no longer in Cold War'

(Newser) - John Kerry has taken on Edward Snowden's latest claims —that the NSA has bugged EU offices and spied on computer networks. Though Kerry said he didn't know whether the assertions were true, he added, "All I know is that is not unusual for lots of nations,...

Croatia Joins EU
 Croatia Joins EU 

Croatia Joins EU

Former Yugoslav country is 28th member

(Newser) - Croatia held a midnight celebration as it officially joined the European Union this morning, 10 years after the country applied. It's "a great and joyful day for our homeland," said President Ivo Josipovic. The first deputy prime minister offered a bit more detail: "It's important...

New Snowden Leaks: US Bugged, Spied on EU Offices

German's ' Der Spiegel' says US spied on offices, computer networks in DC, NY, Brussels

(Newser) - The latest dirt from Snowden's files: German news magazine Der Spiegel says it has seen documents taken from the NSA by Snowden that show the US bugged European Union offices, and spied on the EU's computer networks in Washington and at the United Nations, gaining access to internal...

Eurozone Jobless Rate Hits Grim Record

...of 12.2% , with nearly 20M unemployed

(Newser) - Unemployment across the 17 European Union countries that use the euro has hit another record high, the latest in a series of ignominious landmarks for the ailing single currency zone. Eurostat, the EU's statistics office, said today that unemployment rose to 12.2% in April from the previous record...

EU Ends Arms Embargo on Syrian Rebels

But no immediate plans to send arms

(Newser) - British Foreign Secretary William Hague says the European Union has decided to lift the arms embargo on the Syrian opposition while maintaining all other sanctions against Bashar Assad's regime after June 1. Hague said after a meeting today that the decision "sends a very strong message from Europe...

EU: Economy Worse Than We Thought

Commission revises forecast downward

(Newser) - The European Union's economic near-future is looking bleaker than expected: Its economy is poised to shrink 0.1% this year, the European Commission forecasts, instead of growing 0.1% as February predictions held. Things look even tougher for the eurozone, for which the commission foresees an 0.4% contraction...

Yet More Bodies Found in Bangladesh

Local mayor suspended as toll reaches 430; 149 missing

(Newser) - The death toll in April's Bangladesh building collapse just keeps rising, and more officials are paying a price, Reuters reports. The mayor of Savar, the suburb near Dhaka where the building stood, has been suspended from office. Mayor Mohammad Refat Ullah had signed off on the Rana Plaza building'...

Horse Meat Found in 5% of Beef in Europe

EU commission promises stricter standards

(Newser) - Bite into beef anywhere in Europe, and there's a 5% chance you're actually biting into horse meat. An EU study across 27 nations in the wake of the region's horse meat scandal found that 5% of beef products had some horse DNA, reports the BBC . France and...

Cyprus Deal Wallops Rich Russians

World markets rise after last-minute deal

(Newser) - The last-minute rescue deal to prevent a complete collapse of the Cypriot economy has saved the eurozone from its first exit and boosted world markets—but at a heavy cost to those who stashed their cash in the country's banks. The deal, which shuts down the country's second-biggest...

Cyprus Strikes Deal, Avoids Bankruptcy

Those holding largest deposits will take a hit

(Newser) - Crisis averted, for now. Cyprus has secured a package of rescue loans in tense, last-ditch negotiations , two EU diplomats said, saving the country from a banking system collapse and bankruptcy. The cash-strapped island nation needs a $13 billion bailout to recapitalize its ailing lenders and keep the government afloat. The...

Cyprus Preps Bailout &#39;Plan B&#39;

 Cyprus Given Monday Deadline 
UPDATED

Cyprus Given Monday Deadline

European Central Bank says its emergency funding will expire then

(Newser) - As Cyprus works on a "plan B" today to fund a bailout , the European Central Bank says its emergency assistance will expire Monday, so there had better be a deal in place, the Wall Street Journal notes. That could be possible: The head of the country's central bank...

Panicked Cyprus Stalls, Braces for Bank Run

Country considers levy of up to 15%

(Newser) - Things are getting crazy in Cyprus, which has again postponed a vote that could levy a tax on bank depositors to fund the nation's bailout, the BBC reports, this time until tomorrow. Its effects, however, are already rippling through Europe, where stock markets and the euro have plummeted, and...

Behind Microsoft's $732M Fine: Snitch Named Google

EU competition watchdog levies heavy penalty to 'punish and deter'

(Newser) - Microsoft got thumped with a $732 million fine issued by the EU antitrust enforcer yesterday for violating the terms of a 2009 deal—thanks to Google and Opera, reports the Financial Times . Microsoft had then promised to offer consumers a choice of Internet browser instead of making Explorer Windows' automatic...

EU Considering 'Repressive Action' Against Google

France says the company hasn't responded adequately to privacy concerns

(Newser) - Google may be about to face a serious privacy challenge on the other side of the pond. France's privacy watchdog said yesterday that it and several other EU regulators want to coordinate a "repressive action" against Google, the Wall Street Journal reports. The regulators allege that Google has...

Horsemeat Scandal Gets Worse
 Horsemeat Scandal Gets Worse 

Horsemeat Scandal Gets Worse

Meat tainted by vet drug 'bute' could be in French food supply

(Newser) - Europe's horsemeat scandal continues to worsen in both size and scope. For one, the meat of three horses tainted with "bute"—the veterinary drug phenylbutazone—possibly entered the human food chain in France, reports the AP . The British government said today that eight horse carcasses processed in...

US, EU Start Shopping for Massive Free Trade Deal

Hope to start talks by June, but big issues could loom

(Newser) - The United States has 20 free trade pacts ranging from big neighbors to tiny allies, but today Washington set its sights on a far grander prize: the entire European Union, reports Reuters . The two powers announced that they hoped to start talks on a free trade deal by the end...

Nokia's $1.35B Job: Pioneer World's Strongest Material

Get ready for 'graphene revolution'

(Newser) - Computing's next big thing could be on its way. Nokia has received a $1.35 billion grant from the EU to develop graphene , the strongest material the world has ever seen. At one atom thick, it's 300 times stronger than steel, Tom's Hardware notes. Nokia says it...

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