A boat carrying illegal migrants from North Africa capsized near the Italian island of Lampedusa, rendering about 130 people missing, according to Italy’s coast guard officials.
Retail sales in eurozone fell unexpectedly in February, as consumers curtailed spending amid rising prices. The volume of retail trade in the 17-nation eurozone dropped 0.1 percent in February compared with 0.2 percent increase in January, the Eurostat said on Tuesday.
Moussa Koussa, the former foreign minister of Libya who recently defected to the United Kingdom, may soon be answering questions about the tragic Lockerbie bombing of December 1988, according to Scottish prosecutors.
The European Financial Stability Facility rescue fund is ready to help Portugal if needed, Klaus Regling, the fund's president told La Tribune in an interview published online on Saturday.
Standard & Poor's cut Ireland's debt rating by just one notch and gave the thumbs-up to its bank bill on Friday but rival Fitch's warning of another downgrade and a big drop in growth expectations spelled trouble ahead.
Removes reference to ECB adding margin to Irish debt after ECB says that will not be the case due to fourth rating agency DBRS still rating Ireland at A
Standard & Poor's stripped Ireland of its last 'A' rating on Friday, citing future risks to bondholders, but the one notch cut was less severe than feared and gave the thumbs up to the state's bank bill.
Ireland's big bang banking plan failed to convince investors on Friday it can shoulder its soaring debt burden given grim prospects for growth and a lack of expected extra support from the European Central Bank.
The number of unemployed people in eurozone fell in February, after remaining unchanged in the past two months.
Google has agreed to settle with the Federal Trade Commission in regards to its privacy practices.
Italian Prime Minister Silvio Berlusconi has vowed that all the illegal immigrants who have arrived on the island of Lampedusa from North Africa will soon be deported.
France, which has been the most aggressive foreign nation to move against Libya, said it was prepared to discuss providing weapons to the Libyan opposition – even if the UN mandate on Libya did not specifically provide for this feature.
Standard & Poor's downgraded Greece and Portugal on Tuesday, citing risks that the countries' debts to a new European bailout fund would be repaid before bond investors, sending their borrowing costs sharply higher.
The European Commission has adopted a roadmap of 40 concrete initiatives for the next decade to build a competitive transport sector that increases mobility and cuts emissions. Under EU's ambitious plan, the Commission wants cities cities across Europe to be free of conventionally fuelled cars by 2050.
The Fiat group has topped a chart showing car brands that have emerged closest to European Union's fuel-efficiency goals while Toyota is the closest group to meeting its target. Following are the top ten most economical car manufacturers in Europe.
It would make sense for Portugal to seek aid from the European Union bailout fund, although such a decision will be caught up in domestic politics, European Central Bank Governing Board member Ewald Nowotny said.
The European Central Bank is watching energy prices carefully and still wants to move toward a more normal monetary policy despite recent events in Japan, ECB Governing Board member Ewald Nowotny said on Sunday.
The European Central Bank is putting the finishing touches on a new facility that will give troubled euro zone banks liquidity over a longer time frame, throwing a lifeline to Ireland's ailing banks.
For the fourth year running, Fiat Automobiles has recorded the lowest level of CO2 emissions by vehicles sold in Europe in 2010, with an average measurement of 123.1 g/km.
Gold hit its second new record high on the trot at the London Gold Fix on Thursday morning, hitting $1441.25 per ounce for US investors as the Dollar held flat on the forex market, and US crude oil rose.
Thousands of protesters have descended upon Brussels, Belgium to express their displeasure over the European Union’s (EU) austerity budget programs as EU leaders meet in the city to discuss how to stabilize the euro zone finances.
Principals of The European Union (EU) who are meeting in Brussels to find ways to contain the euro zone debt crisis are dealing with the aftermath of the Portuguese parliament’s decision to reject an austerity budget.
