European Union, Eu | featured news

It's a diplomatic rift that has both countries hungry for a fight. The subject of the spat? A humble pork sausage. Slovenia calls the spicy delicacy "Kranjska klobasa" and Austria "Krainerwurst" — variants of the same name that belongs to the border region the sausage comes from. Both countries have enjoyed the snack for centuries and consider it part of their cultural heritage.

The European Union has no plans to activate its emergency funds to recapitalize Spanish bank and Spain had no need to appeal for funds to do so, the European Commission said on Thursday.

Royal Dutch Shell is struggling to pay off $1 billion that it owes Iran for crude oil because European Union and U.S. financial sanctions now make it almost impossible to process payments, industry sources said.

European Union members that use the euro agreed to sign a treaty that would require stricter financial and fiscal discipline, but two countries with their own currencies, Britain and Hungary, refused.

President Hamid Karzai has pardoned a jailed rape victim, but only after she agreed to marry the man she says raped her. The 19-year-old woman, whose name is Gulnaz, was one of the subjects of a documentary recently produced by the European Union, highlighting the phenomenon of rape victims being imprisoned for the "moral crime" of having sex outside marriage, even against their will.

The European Union set out proposals for strict new regulations on credit-rating firms in a move it said was aimed in part at diversifying the industry.

The European Union says it has agreed on new guidelines governing the use of body scanners at airports across the continent.

David Cameron was warned that he faces four years of trench warfare with disgruntled backbenchers after he suffered the largest postwar rebellion on Europe as 81 Conservative MPs supported a referendum on Britain's membership of the EU.

European Union leaders made some progress toward a strategy to fight the euro zone's sovereign debt crisis on Sunday, nearing agreement on bank recapitalization and on how to leverage their rescue fund to try to stop bond market contagion.

A top bank lobbyist insisted Saturday that banks and the eurozone are far from reaching a deal to cut Greece's debt, despite claims by eurozone finance ministers that they will ask banks to take steeper losses on their Greek bonds.