Global News Journal

Greece gets help, but debt quicksand is all around

April 23, 2010

After five months of struggling to stay afloat in the quicksand of a debt crisis, Greece has finally asked the European Union and the IMF to throw it a lifeline

Which companies are oiling the cogs of EU legislation?

By Reuters Staff
April 22, 2010

If Europe’s lobbying register is correct, oil giants like Shell and BP are spending just a few hundred thousand euros a year on EU lobbying, sums that are dwarfed by the millions they spend across the Atlantic.

Biofuels’ green credentials called into question

April 22, 2010

Biofuels were once seen as the perfect way to make transport carbon-free, but a series of EU studies are throwing increasing doubt on the green credentials of the alternative fuel.

Luxury brands ride high in online trade dispute

April 21, 2010
The European Union’s competition regulator made an important move this week, issuing revised rules governing the sale of goods and services over the Internet in Europe.

The so-called “vertical restraints block-exemption regulation”, unveiled on Tuesday, set down new guidelines for online retailers who don’t operate a ‘bricks-and-mortar’ outlet. In doing so, it sought to resolve a debate that has been going on for years between luxury brand retailers such as Gucci and Chanel and discounters who sell big-name brands more cheaply from warehouses over the Internet.

Volcano spews up more criticism of EU

April 20, 2010
Ash and steam rise from an erupting volcano near Eyjafjallajokull, Iceland

Ash and steam rise from an erupting volcano near Eyjafjallajokull, Iceland

The Icelandic volcano that has caused havoc with European travel has also spewed up more criticism of the European Union.

EU asks public what it thinks of CAP reform

By Charlie Dunmore
April 15, 2010
EU Commissioner Dacian Ciolos

EU Commissioner Dacian Ciolos

The European Commission’s agriculture department launched a public debate this week on the future reform of Europe’s common agricultural policy (CAP) from 2014. It wants everyone – not just farmers and politicians – to have their say on how the European Union should support agricultural production.

Head scratching over EU plans for EMF, helping Greece

March 17, 2010
IMF Managing Director Dominique Strauss-Kahn

IMF Managing Director Dominique Strauss-Kahn

It was no great surprise that the managing director of the International Monetary Fund looked perplexed when asked during a visit to Brussels to comment on proposals to create a European monetary fund.

Lapland’s part in EU foreign policy

March 16, 2010

Last weekend, Finland’s foreign minister gathered six of his colleagues and the EU’s foreign affairs chief, Catherine Ashton, in the frozen far reaches of Lapland for two days of talks on the future of European foreign policy.

What flesh will be put on the bones of an EMF?

March 9, 2010

In the space of a few weeks, the idea of creating a European Monetary Fund to rescue financially troubled EU member states has gone from being a high-level brainwave from a pair of economists to a major policy initiative backed by powerbroker Germany. In EU terms, that’s Formula One fast.

EU to tackle gender pay inequality

By Reuters Staff
March 8, 2010

By Sangeeta Shastry EU Justice Commissioner Viviane Reding

EU Justice Commissioner Viviane Reding

Men are still paid more than women in Europe but the European Union is promising to narrow the gap.