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France suggests arming Syrian rebels

Syrian Rebels

France's foreign minister raised the prospect Thursday of sending "defensive weapons" to Syrian rebels, saying his country will ask the European Union to consider lifting its arms embargo on the Middle East nation....

 

EU: Eurozone recession to be worse, rebound slower

European Union

Europe's economy is still reeling and unemployment could remain high for years despite the progress made in solving the debt crisis, the European Union warned Wednesday, as it downgraded next year's forecasts for the 27-country bloc.

 

China Files WTO Complaint on EU Solar Subsidies

China filed a complaint to the WTO charging the EU with violating rules governing subsidies to its solar components industry.

 

EU sends Microsoft formal antitrust complaint

The European Union's executive arm formally accused Microsoft on Wednesday of failing to comply with a binding agreement to give customers a choice among Internet browsers....

 

Eurozone debt hits 90 percent of its economy

In spite of years of harsh spending cuts and tax increases, Europe's debt problems are getting worse. Figures from the EU's statistics office Wednesday showed that, at the end of the second quarter, the total government debt of the 17 countries that use the single currency was worth 90 percent of the group's total economic output for the year - the highest level since the euro was launched in 1999.

 

Britain pushes to temper ECB power in banking union

Britain is pushing for changes to a proposed euro zone banking union to dilute the power of the European Central Bank, EU officials said, potentially hampering efforts to build the infrastructure urgently needed to underpin the euro.

 

European Union wins Nobel Peace Prize

European Union

The European Union has been awarded the Nobel Peace Prize for its efforts to promote peace and democracy in Europe, in the midst of the union's biggest crisis since its creation in the 1950s.

 

UN Says Europe Wastes 50% of Fruit And Vegetables. And America Isn't Much Better

Fruits

Close to 50% of all fruits and vegetables in the European Union go to waste says a new report by the Food and Agriculture Organization (FAO) of the UN. These losses occur throughout the entire food chain, from “farm to fork,” but the predominant losses are linked to the production of produce, not to consumers discarding uneaten remnants of the weekly shop.

 

EU pushes more moves to stem debt crisis

Eurozone Crisis

European Union officials pushed on Saturday to accelerate moves to stem the bloc's long debt crisis as Italian premier Mario Monti warned that economic suffering was fuelling divisive nationalism on the continent.

 

Romanians vote on whether to oust president

Traian Basescu

Romania's unpopular president was fighting for his political life on Sunday as Romanians voted on whether to oust him, part of a political battle that has raised questions about the rule of law in the fledgling European Union member....

 

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