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The European Union

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  • European Central Bank Keeps Rates Steady at 3.75% Thursday, 12 Apr 2007 | 8:58 AM ET
    fitchratings_logo1.jpg

    The European Central Bank kept short-term interest rates on hold Thursday as expected, but economists and investors think that another rate rise is due this summer.

  • EU to Microsoft: You'll Have Nothing and Like It Thursday, 5 Apr 2007 | 3:48 PM ET
    Microsoft

    0%: That's what the European Union's Commission thinks Microsoft deserves for licensing its vital communications code -- a stance that would enable Microsoft rivals to manufacture software compatible with its dominant Windows operating system. CNBC's Jim Goldman reported on the latest chapter in the seemingly never-ending antitrust saga.

  • EU Takes Spain to Court Over E.On-Endesa Deal Wednesday, 28 Mar 2007 | 8:09 AM ET

    The European Commission said Wednesday it was taking Spain to the EU's Court of Justice over the "unlawful" conditions Madrid put on E.On's multibillion euro bid to buy Spain's biggest electricity company, Endesa.

  • EU Ministers Refuse to Cede to Fears for Economy Tuesday, 27 Mar 2007 | 4:15 AM ET

    Despite concern over the U.S. economy, European finance ministers stuck to forecasts of solid economic growth in their part of the world this year as a second day of policy talks got underway in Brussels on Tuesday.

  • The European Union approved an aviation deal with the United States that opens up restricted trans-Atlantic routes to new rivals, but bowed to British concerns in delaying when the agreement takes effect.

  • U.S. to Approve Virgin America if Changes Made Wednesday, 21 Mar 2007 | 4:08 AM ET

    Virgin America, the low-cost start-up airline with ties to British entrepreneur Richard Branson, will have to ditch its chief executive and restructure its ownership to win final approval to operate, U.S. officials said Tuesday.

  • Celebrating the Grand Alliance Tuesday, 20 Mar 2007 | 7:15 AM ET

    We are on the verge of marking the 50th anniversary of the European Union -- taking as its birth the Treaty of Rome -- and politicians will spend this weekend in Berlin toasting the treaty.

  • Trade Powers Must Agree on Core WTO Deal Soon-EU Friday, 16 Mar 2007 | 5:25 AM ET

    Leading trading nations urgently need to reach a deal on agriculture and other issues to allow a broader World Trade Organisation pact which risks running out of time, Europe's trade chief said on Friday.

  • EU's Consumer Chief Takes Aim at Apple over iTunes Monday, 12 Mar 2007 | 4:03 AM ET

    European Union consumer chief Meglena Kuneva has hit out at Apple's bundling of its popular iPod music players and its iTunes online music store, according to German weekly magazine Focus.

  • Analyst Sees Openings in Europe as U.S. Growth Slows Friday, 9 Mar 2007 | 10:32 AM ET

    Brett Gallagher, deputy chief investment officer at the Julius Baer Global Equity Fund, told CNBC’s “Squawk on the Street” that he sees strong growth in Europe as the U.S. economy slows.

  • EU Draft Compromise Sets Binding Renewables Target Friday, 9 Mar 2007 | 2:51 AM ET

    A draft final statement at a European Union summit on Friday set a binding target of 20 percent of renewable sources in EU energy consumption by 2020 but offered flexibility on how member states meet that goal.

  • E.On 2006 Profit Falls 32% to $6.63 Billion Wednesday, 7 Mar 2007 | 8:55 AM ET

    German utility E.On, which is trying to acquire Spain's Endesa in a 41 billion euro ($53.71 billion) deal, on Wednesday reported a 32% drop in net profit in 2006 from the year before, when the bottom line was bolstered by special items.

  • EU Approves Subsidies for Britain's Post Office Wednesday, 7 Mar 2007 | 8:20 AM ET

    European Union regulators on Wednesday approved 460 million euros ($313 million) in government subsidies for the network of thousands of post offices around Britain since it considers their service essential.

  • Unemployment in Ireland Rises Slightly to 4.3% Friday, 2 Mar 2007 | 10:01 AM ET

    Unemployment in Ireland rose slightly last month to 4.3%, according to government statistics released Friday.

  • EU Warns Microsoft of Possible Further Fines Thursday, 1 Mar 2007 | 2:03 PM ET

    The European Commission turned up the pressure on Microsoft on Thursday, warning the U.S. software giant of new fines and accusing it of serial defiance of an antitrust ruling made nearly three years ago.

  • Merkel Sees Urgent Need for Doha Trade Progress Thursday, 1 Mar 2007 | 4:18 AM ET

    European Union president Germany vowed on Thursday to push ahead with efforts to get a deal on world trade this year, stressing the need for an agreement was urgent.

  • Euro-Zone Inflation Falls to 1.8% Wednesday, 28 Feb 2007 | 8:32 AM ET

    Inflation in the 13 nations that share the euro currency slowed by more than expected to 1.8% in January, the EU statistics agency said Wednesday, a figure that may undermine the European Central Bank's case for raising interest rates again next month.

  • EU Urges Poland to Cut Budget Deficit Tuesday, 27 Feb 2007 | 4:57 AM ET

    EU finance ministers meet Tuesday to tell Poland to do more to cut its budget deficit below a 3 percent ceiling this year.

  • EU Fines Elevator Cartel a Record 992 Million Euros Wednesday, 21 Feb 2007 | 11:01 AM ET

    The European Commission fined lift manufacturers a record 992 million euros ($1.3 billion) on Wednesday for fixing prices and carving up markets in the biggest cartel penalty in European Union history.

  • EU Backs Target to Cut CO2 Emissions Tuesday, 20 Feb 2007 | 1:52 PM ET

    European Union environment ministers said Tuesday they would cut overall carbon dioxide emissions 20% from 1990 levels by the year 2020, adding that they were ready to go to 30% if other industrialized nations matched their efforts.