The upper house of the Czech parliament Wednesday approved the European Union's Lisbon treaty by a convincing majority. That will put the long-awaited institutional reforms in the 27-nation bloc into effect on January 1, 2010.
The European Parliament sent a major reform of EU telecoms rules back to the negotiating table on Wednesday due to concerns over perceived inadequate rights for Internet users.
The European Commission on Tuesday published a guide to consumers rights online as it gave a list of actions it is considering taking to help the public use the Internet.
The European Commission said Monday both the 27-nation EU and the 16 countries that use the euro currency will shrink by 4% this year, more than twice as it had predicted at the start of this year.
European Union states gave the green light on Wednesday to a sweeping reform of the telecoms sector after accepting a last-minute deal to resolve a spat over Internet access, the Czech EU presidency said.
U.S. Rep. Barney Frank, chairman of the House of Representatives Financial Services Committee, said on Tuesday he would introduce a bill next week to overturn a three-year-old U.S. ban on Internet gambling.
The European Union has reached a draft deal to resolve a spat holding up a sweeping reform of the bloc's telecom sector, lawmakers and diplomats said on Tuesday.
U.S. Rep. Barney Frank, chairman of the House of Representatives Financial Services Committee, said on Tuesday he would introduce a bill next week to overturn a three-year-old U.S. ban on Internet gambling.
U.S. Rep. Barney Frank, chairman of the House of Representatives Financial Services Committee, said on Tuesday he would introduce a bill next week to overturn a three-year-old U.S. ban on Internet gambling.
The inventory of new U.S. homes for sale at the end of the March plummeted at a record pace, government data showed on Friday, bringing a glimmer of hope of improvement in the housing market even as data on durable goods sales showed weakness in the economy as a whole.
The European Union pledged at least 60 million euros ($77.54 million) on Wednesday to support security forces in Somalia and African Union peacekeepers based in the conflict ridden region.
European Union states headed for a collision course with the bloc's parliament on Tuesday as a spat over how to tackle illegal downloads threatened a wider telecom reform.
European Central Bank President Jean-Claude Trichet on Sunday signaled the bank's likely next move, saying it could cut its headline interest rate but only by an additional 25 basis points.
The European Central Bank can further reduce its headline interest rate, but any cut is likely to be a measured 25 basis point cut, the bank's President Jean-Claude Trichet was quoted as saying on Sunday.
The European Central Bank can further reduce its headline interest rate, but any cut is likely to be a measured 25 basis point cut, the bank's President Jean-Claude Trichet was quoted as saying on Sunday.
World stocks steadied on Friday but were still on track for a sixth consecutive week of gains, while the euro fell on worries about the region's prospects.
The European Commission on Wednesday unveiled plans to accelerate aid to developing countries hit hard by the economic crisis, warning that failure to act could pose a threat to global stability.
U.S. President Barack Obama urged the European Union on Sunday to accept Turkey as a full member of the 27-nation bloc, in remarks rejected outright by France and met coolly by Germany.
World stocks powered higher on Thursday as hopes grew that the U.S. economic decline was reaching a bottom while the euro gained despite expectations of an interest rate cut from the European Central Bank.
World stocks powered higher on Thursday as hopes grew that the U.S. economic decline was reaching a bottom while the euro gained despite expectations of an interest rate cut from the European Central Bank.
Asian stocks shot to a three-month high on Thursday, building a three-day rally on hopes the U.S. economy has bottomed, while the euro was firm before a European Central Bank meeting at which rates may be cut for the last time in a while.
Asian stocks rose on Thursday, with investors seeing a sliver of hope the U.S. economy has bottomed, while the euro edged up before a European Central Bank meeting at which rates may be cut for the last time in a while.
