Posts tagged as: European Union

EU and Ukraine close in on free trade deal

Companies of the European Union would be looking forward to a boost in their business in Eastern Europe as EU and Ukraine set to agree on a free trade deal Officials from European Union and Ukraine are closing in on a free trade deal. Kiev and Brussels are about to step closer to the much-delayed […]

New German president vows to help weaker E.U member states

Germany on Friday swore in new president Joachim Gauck, who warned the government that it had a historical obligation to help Europe’s weakest members as they struggle to stay financially afloat. Gauck, the first head of state from the former communist east, delivered the impassioned appeal to members of parliament and Chancellor Angela Merkel in […]

Apple loses to Samsung in Netherlands

Apple have succeeded in winning an appeal regarding the FRAND patent dispute with Samsung. Justice Holland has rejected Samsung appeal in the Dutch market to suspend the sale of Apple iPhone and iPad tablet because of a dispute over a patent. The court has ordered that Samsung can no longer pursue injunctive relief as long […]

Apple, Motorola held cross-licensing talks late 2011: EU

(Reuters) – Apple Inc and Motorola Mobility held talks on a cross-licensing deal to settle smartphone patent infringement lawsuits, a move that could have benefited all of the companies that use Google’s Android software, according to the European Union. The two companies also discussed the "scope of any potential settlement" following Motorola’s sale to Google […]

Serbia earns European Union Candidate Status

Serbia earns European Union Candidate Status As Serbia enjoys the newly attained European Union Candidate country, conferred by the European Council, the US congratulates it on an important step towards the country’s future. US Secretary of State, Hilary Clinton, congratulating the people of Serbia on this profound success, said, “I want to congratulate the leadership […]

Balochistan Chief Minister says secession to compound problem

Chief Minister Balochistan Nawab Aslam Raisani has said he believes in dialogue for resolving the issues being faced by the province, saying that an independent Balochistan will never be able to survive an unrestrained. Talking to European Union Ambassador to Pakistan Lars-Gunner Wigemark, the Chief Minister stated that there was possibility of a civil war […]

Moody’s unleashes its updated ratings on European countries, Spain again falls victim

Standard & Poor (S&P) released its updated ratings of the  European countries last month, which were disappointing. Now Moody’s has unleashed its ratings that are even more hurting. The reason rating agencies believe is the incipient recession and the slow response of the European leaders to erode the solvency due to the public debt in […]

NATO extends operations over Estonia, Latvia and Lithuania

NATO has decided to extend an operation to protect the airspace of Baltic members Estonia, Latvia and Lithuania with fighter jets, officials said Wednesday. Carmen Romero, NATO‘s deputy spokeswoman, said the decision “shows NATO‘s commitment to air policing in the Baltic States as a long-term and sustainable mission.” NATO did not give an end date […]

Greek Austerity bill goes through without problems

Greece has reached a tentative agreement on new austerity cuts demanded by creditors to release a 130-billion-euro ($173 billion) bailout, hours before a crucial meeting of finance ministers in Brussels, Prime Minister Lucas Papademos‘ office said Thursday. A spokeswoman for the prime minister said the agreement with the majority Socialists and the conservatives will allow […]

Major Labour Unions lodge a two-day strike against the Greek government

Major Greek unions have called a general strike spanning over two days (February 10 and February 11, 2012) to protest the harsh cuts including the plan requiring the EU and the International Monetary Fund (IMF) to bail out the country and prevent it from bankruptcy. This would be the second attempt at keeping Greece in […]

Russian Foreign Minister lashes out at his country’s critics in U.N

Russia’s foreign minister, Sergey V. Lavrov, on Monday lashed out at critics of Russia’s decision to veto a United Nations resolution on Syria and reiterated objections to the plan, which was aimed at stopping the violence there. “There are some in the West who have given evaluations of the vote on Syria in the United […]

Greece requires an extra 20 million dollars to recover: E.U

Debt-ridden Greece is close to a deal with private investors to reduce its debt burden by about 100 billion euros ($131.49 billion), and that — plus an agreement to enact deep spending cuts — could pave the way for a 130-billion-euro ($170.94 billion) bailout from its European partners and the International Monetary Fund. But on […]

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