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The European Union

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  • Microsoft's EU Fine: Company Will Pay And Just Move On Wednesday, 27 Feb 2008 | 9:40 AM ET

    The European Union stepped up to level the biggest single fine against a company when it slapped Microsoft with a $1.35 billion penalty for anti-trust and anti-competitive behavior, and for not complying with earlier rulings to curb these kinds of practices.

  • EU Slaps Record Fine on Microsoft Wednesday, 27 Feb 2008 | 9:24 AM ET
    Microsoft

    The European Commission fined Microsoft a record 899 million euros ($1.35 billion) on Wednesday for defying sanctions imposed on the software giant for antitrust violations, far exceeding the original penalty.

  • EU to Announce Heavy Fine for Microsoft: Sources Wednesday, 27 Feb 2008 | 4:44 AM ET
    Microsoft

    The European Commission will announce later Wednesday that it will fine Microsoft for failing to comply with a 2004 antitrust order, sources close to the EC told CNBC Europe.

  • Euro Zone Services Growth Snaps Back in Feb. Friday, 22 Feb 2008 | 4:58 AM ET

    Euro zone services growth sprang back from a 4-1/2-year low in February, above forecasts, challenging the case for an imminent European Central Bank rate cut, a survey showed on Friday.

  • Romania Will Weather Markets Storm: Minister Thursday, 21 Feb 2008 | 12:34 PM ET
    Romanian Economy and Finance Minister, Varujan Vosganian

    The impact of the turmoil in the international financial markets on Romania is likely to be limited, as the country enjoys robust economic growth and private lending is still at low levels, Economy and Finance Minister Varujan Vosganian told CNBC.com on Thursday.

  • EU Approves Thomson-Reuters Merger Tuesday, 19 Feb 2008 | 11:26 AM ET

    Canada's Thomson won European regulatory approval Tuesday to buy news and information provider Reuters Group but must sell off financial research units to eliminate antitrust concerns, the European Commission said.

  • Main EU States Recognize Kosovo Independence Monday, 18 Feb 2008 | 11:17 AM ET

    Europe's biggest states recognised the independence of Kosovo on Monday, ending hours of suspense after Prime Minister Hashim Thaci assured his new republic that Western recognition would come "any minute".

  • Facing Pressure to Cut, ECB Will Likely Hold Wednesday, 6 Feb 2008 | 11:13 AM ET

    The European Central Bank is likely to keep its title as the last inflation hawk standing at its rate-setting meeting Thursday, but as fears of a global economic slowdown grow, calls for easing will only increase.

  • Euro Zone Services, Sales Data Stoke Recession Fears Tuesday, 5 Feb 2008 | 7:04 AM ET

    Euro zone service sector growth slowed sharply in January from an already weak estimate and retail sales fell in the key Christmas period, according to data on Tuesday that stoked fears of a recession.

  • Euro Zone Better off than the US: ECB's Liebscher Thursday, 24 Jan 2008 | 3:27 AM ET

    Euro zone growth could come in below 2 percent this year, European Central Bank Governing Council member Klaus Liebscher was quoted as saying on Thursday, but the region is better off than the United States.

  • Europe Slams the Door On Interest-Rate Cuts Wednesday, 23 Jan 2008 | 1:12 PM ET
    European Central Bank President Jean-Claude Trichet

    ECB President Trichet appears to shun an interest rate cut in favor of fighting inflation, contributing to another round of selling in global stock markets.

  • Why the European Bank Is Sitting Back Tuesday, 22 Jan 2008 | 2:28 PM ET

    The turmoil in the mortgage markets has incited a wave of legal tangles, as homeowners are suing lenders, lenders are suing banks, banks are suing loan specialists. And investors are suing everyone.

  • EU Finance Ministers Urge for Transparency Thursday, 17 Jan 2008 | 1:03 PM ET

    Finance ministers from Europe's top four economies called on Thursday for greater market transparency, full disclosure of losses and better coordination among supervisory bodies in response to the global credit crunch.

  • Europe's "Big 4" Confer on Credit Crunch Response Thursday, 17 Jan 2008 | 8:16 AM ET

    Five months on, finance ministers from Europe's four largest economies headed to Paris on Thursday to discuss an international response to the credit crunch that struck last August and continues to plague the global economy.

  • ECB's Mersch Expects Euro-Zone Slowdown: Report Wednesday, 16 Jan 2008 | 12:13 PM ET

    There are downside risks to euro zone growth and the European Central Bank will remain flexible on interest rates, Governing Council member Yves Mersch was quoted as saying on Wednesday.

  • EU Raids Drug Companies in Broad Inquiry Wednesday, 16 Jan 2008 | 10:20 AM ET

    The European Commission raided some of the world's largest drugmakers on Wednesday, launching a broad investigation into whether they made illegal deals or abused patents to limit competition and harm consumers.

  • Defensive Stocks: Agriculture is Popular Friday, 11 Jan 2008 | 8:58 AM ET
    Corn

    Investors should raise their exposure to agricultural commodities and buy into stocks in the sector, as demand from emerging markets increases and the size of arable land is shrinking, putting additional pressure on the already tight supply, analysts said Friday.

  • European Central Bank Rate Decision Timeline Wednesday, 9 Jan 2008 | 11:09 AM ET

    This is a timeline of the European Central Bank's rate decisions for 2007.

  • Euro-Zone Growth Jumps More than Expected Wednesday, 9 Jan 2008 | 5:58 AM ET

    Euro zone economic growth rebounded more strongly than previously estimated in the third quarter of 2007, revised data showed on Wednesday, thanks to higher growth in France and Belgium.

  • Diversifying Away from a U.S. Recession Monday, 7 Jan 2008 | 11:59 AM ET

    With more voices adding every day to the chorus predicting the world's biggest economy will go into a recession, diversifying away from U.S. stocks is a healthy strategy, analysts told CNBC on Monday.