The euro isn't the first monetary union for Europe, but it could be the last—for a while, says author Kabir Sehgal.» Read More
*Transaction price 730 mln euros, same as initially agreed* Dexia pumps in 204 mln euros, sees loss of 199 mln euros. said on Friday it had completed the sale of its Luxembourg arm to Qatar's Precision Capital and the Luxembourg state and would likely suffer a loss of 199 million euros as a result.
By Jan Lopatka and Martin Santa. BRATISLAVA, Oct 5- Poor European Union states must fight hard to prevent richer members from cutting development aid for the rest of this decade or growth across the entire bloc could be undermined, the head of the EU executive said on Friday.
*CEZ excludes Areva from nuclear tender. Power for Monday was traded at 51.50 euros per megawatt hour on the over-the-counter market, compared to 41.60 euros on the prior day, while the Cal'13 was traded at 47.20 euros, up 10 cents from Thursday.
*Europe Q3 cocoa grind seen falling by up to 20 pct. LONDON, Oct 5- Europe's economic crisis is nibbling away at demand for chocolate, the affordable treat once thought of as recession proof. Times are tough enough now that even the market for this modest luxury is struggling in Europe, analysts say.
WARSAW, Poland-- Thousands of health care workers are marching in Warsaw to demand higher pay and protest government plans to privatize parts of the health care system. Nurses from Belgium, France, Greece and other European Union nations also joined the Friday rally.
BRUSSELS, Oct 5- Dexia SA:.
By Barbara Lewis and Robert-Jan Bartunek. OSTEND, Belgium, Oct 5- Belgium's 72- km stretch of coast is distinguished by the world's longest unbroken tramway to take beach-lovers from the Dutch border to the edge of France or vice-versa. Alternatively, from Brussels, trains to Ostend are cheap and take just over an hour.
While the three states of France, Belgium and Luxembourg have been involved in the successive support package provided to Dexia in 2008 and 2011, France and Belgium are, in Fitch's view the most likely source of additional support in case of need.
BRUSSELS, Oct 5- The following are mergers under review by the European Commission and a brief guide to the EU merger process:. --Private equity firms Carlyle and BC Partners to acquire U.S. industrial pumps maker Hamilton Sundstrand Industrial which is owned by United Technologies Corp.
BRUSSELS, Oct 5-- It is difficult to say when exactly direct recapitalisation of Spanish banks by the euro zone permanent bailout fund, the European Stability Mechanism, will be possible, but it will not be as soon as the start of next year, a senior euro zone official said on Friday.
BRUSSELS, Oct 5-- A rescheduling of Greek bonds is not foreseen in any of the scenarios considered by euro zone finance ministers, a senior euro zone official said on Friday.
BRUSSELS, Oct 5- Market conditions are not bad enough to make Spain request any kind of financing help from the euro zone, a senior euro zone official said on Friday. "If you look at the current market situation, I see no need for Spain to apply for any programme.
BRUSSELS, Oct 5-- The EU summit on October 18-19 will not take any decisions on Greece because the preparatory work on Greek reforms and the country's macroeconomic situation will not be ready by then, a senior euro zone official said on Friday.
BRUSSELS, Oct 5-- A request from the Spanish government for a bailout is not imminent, a senior euro zone official said on Friday.
OSLO, Oct 5- Norwegian gas exports to Europe rose on Friday morning as key gas processing plant restarted after a power supply glitch shut it on Thursday. Exports to Europe including Britain rose by 47.8 million cubic metres to 287.4 mcm per day by 0715 GMT compared to 239.6 mcm daily average on Thursday.
BRUSSELS, Oct 5- Tessenderlo Chemie NV:. *Tessenderlo group: Tessenderlo Group to make a major investment in its water. *Says two thirds of the investment amount, for a total of 75 million euro,.
LONDON, Oct 4- Charles Schwab and TD Ameritrade, two large United States- based trading firms, are shutting down some of their European businesses, marking the latest casualties of a slow trading year in the region. Charles Schwab warned clients on Tuesday it would close the European arm of OptionsXpress, its derivatives trading unit, on Nov. 30.
*Vans driven long distances, likely to be used more. BRUSSELS, Oct 4- The EU proposes less stringent carbon dioxide emissions limits for vans than for cars and making the van goals as tough would save fuel costs for companies that own them, Dutch consultancy TNO said, adding to criticism the bloc's policy is too timid.
*Commission cannot force states to apply recommendations. BRUSSELS, Oct 4- Regulators and operators should act now to improve safety at nuclear power plants, the EU energy commissioner said on Thursday, following inspections across the European Union.
BRUSSELS, Oct 4- The following are mergers under review by the European Commission and a brief guide to the EU merger process:. --Private equity firms Carlyle and BC Partners to acquire U.S. industrial pumps maker Hamilton Sundstrand Industrial which is owned by United Technologies Corp.