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  • UK's Cameron to curb benefits for immigrants Friday, 28 Nov 2014 | 5:45 AM ET

    LONDON— Migrants from Europe will have to leave Britain if they don't get a job within six months, and must work for four years before receiving some benefits, Prime Minister David Cameron announced Friday, in a carefully balanced speech designed to defuse domestic criticism of his immigration policies while averting a showdown with the European Union.

  • EU won't sanction France, Italy on budget yet Friday, 28 Nov 2014 | 4:02 AM ET

    BRUSSELS— The European Union head office is opting not to sanction two of its biggest economies just yet for missing public finance targets and instead will give France and Italy until the spring to come up with better plans to cut their debts and deficits. France could have faced a hefty fine while Italy would have been forced into further budget changes and...

  • Germany's DAX extends rally; OPEC sinks energy firms Thursday, 27 Nov 2014 | 10:32 AM ET

    *Energy shares under pressure as OPEC maintains supply. LONDON, Nov 27- European shares rose on Thursday led by the German DAX, which extended its recent sharp rally on the back of encouraging data and expectations of further stimulus measures from the European Central Bank. At the same time weak inflation data raised again the spectre of deflation in the region,...

  • *Clouds gather in Europe as lending shrinks, prices fall. HELSINKI/ MADRID, Nov 27- Failure to reform and shield weaker members threatens to divide the euro zone, the head of the European Central Bank warned on Thursday, amid fresh signs the currency bloc's economy is losing speed. "Lack of structural reforms raises the specter of permanent economic divergence...

  • BERLIN/ LONDON, Nov 27- Subdued food price inflation in Europe is unlikely to pick up any time soon, adding to the pressure on mainstream grocers as they struggle with changing shopping habits and competition from discounters. Prices paid in Europe for fast-moving consumer goods rose at their slowest pace since 2010 in the third quarter, and fell in Spain, France...

  • EU piling pressure on Google to change ways Thursday, 27 Nov 2014 | 8:02 AM ET

    BRUSSELS— European Union institutions are piling pressure on Google to change the way it operates its business and applies EU rules. The European parliament on Thursday approved a non-binding resolution that calls for the unbundling of search engines from other services that internet companies offer, a practice that could in theory lead to the break-up of...

  • BRUSSELS, Nov 27- The European Commission will tell France, Italy and Belgium on Friday their 2015 budgets risk breaking EU rules, but it will defer decisions on any action until early March. At that point, France could face a multi-billion euro fine and Italy and Belgium be put on a disciplinary programme. This gives the three more time to adjust policy before the EU...

  • European shares rise, boosted by Germany's DAX Thursday, 27 Nov 2014 | 7:34 AM ET

    *Energy shares under pressure ahead of OPEC meeting. LONDON, Nov 27- European shares rose on Thursday, adding to their recent sharp rally that has been fuelled by expectations of further stimulus measures from the European Central Bank. At the same time Spanish and Italian stocks rose as expectations mounted that the European Central Bank would buy bonds.

  • HELSINKI, Nov 27- Failure to make economic reforms and shield weaker members could damage the "essential cohesion" of the euro zone, the head of the European Central Bank said on Thursday, in a blunt warning to political leaders. "Lack of structural reforms raises the spectre of permanent economic divergence between members," Draghi told an audience at the...

  • BRUSSELS, Nov 27- The European Commission will tell France, Italy and Belgium on Friday that their 2015 budgets risk breaking EU rules, but it but will defer decisions on any action until early March. This gives the three more time to adjust policy before the EU executive must decide whether to fine France for missing consolidation targets or put Italy and Belgium...

  • *Energy shares under pressure ahead of OPEC meeting. PARIS, Nov 27- European shares inched up in early trade on Thursday, adding to their recent sharp rally that has been fuelled by expectations of further stimulus measures from the European Central Bank. "The results are better-than-expected, thanks to sales from its liquor and spirits division, as well as better...

  • STRASBOURG, France, Nov 26- The European Commission presented a 300 billion euro plan on Wednesday to boost Europe's stagnant economy, but some doubted private investors would stump up the funds, 15 times the EU contribution, needed to make it work. France and Italy, which have been demanding action to boost economic growth, cautiously welcomed the scheme but some...

  • INSIGHT-Behind Google's Europe woes, American accents Wednesday, 26 Nov 2014 | 1:19 PM ET

    *Google in firing line in Europe as lawmakers vote on break-up. BRUSSELS, Nov 26- When EU politicians call for the break-up of Google, it can sound like sour grapes, the anti-American backlash of an ageing Europe envious, and fearful, of the wealth and growing power of young U.S. tech giants. Indeed, to many in Brussels it is Google's fellow Americans- such as Microsoft,...

  • STRASBOURG, France, Nov 26- The European Commission presented a plan on Wednesday for some 300 billion euros of largely private new investment in the European Union, saying it was time to kick-start growth without adding to public debt. "Europe needs a kick-start and today the Commission is applying the jump leads," Commission President Jean-Claude Juncker, a...

  • STRASBOURG, France, Nov 26- European Commission President Jean-Claude Juncker presented a plan on Wednesday to leverage some 300 billion euros of largely private new investment in the European Union, saying it was time to kick-start growth without adding to public debt. "Europe needs a kick-start and today the Commission is applying the jump leads," said...

  • EU proposes $380 billion investment plan Wednesday, 26 Nov 2014 | 3:52 AM ET

    BRUSSELS— The European Union's executive has proposed a plan to boost investment in the bloc's flagging economy by 315 billion euros by attracting reluctant private investors with guarantees and seed money. European Commission President Jean-Claude Juncker said Wednesday that the long-awaited plan will use 21 billion euros in money from EU...

  • BRUSSELS/ STRASOURG, Nov 25- The European Commission agreed on Tuesday to set up a new fund with 21 billion euros of capital that it hopes can unlock some 300 billion euros of largely private investment over three years to create a million jobs. The European Fund for Strategic Investment will be presented to the European Parliament in Strasbourg on Wednesday by...

  • Greece, creditors look to revive bailout review Monday, 24 Nov 2014 | 5:39 AM ET

    Greece disagrees with its debt inspectors— the International Monetary Fund, European Commission and European Central Bank, known as the troika— on the economic outlook and whether more reforms are needed. Greece insists that, contrary to what the troika believes, it will have no financing gap next year. Hammered by a financial crisis caused by years of...

  • Belgian strike paralyzes Antwerp port Monday, 24 Nov 2014 | 3:59 AM ET

    BRUSSELS— Trade unions have opened a month of intermittent strike action by paralyzing the port of Antwerp and slowing train traffic through much of Belgium. On their first of three Mondays of regional strikes, the unions targeted Antwerp, with Europe's second biggest port, and made sure no ships could enter of leave the docks. Port worker Frank Verhulst...

  • World's most advanced hacking spyware let loose Monday, 24 Nov 2014 | 2:20 AM ET
    File photo: Participants at a hacking conference in Germany

    A cyber snooping operation billed as the world's most sophisticated computer malware is targeting Russian and Saudi Arabian telecoms companies. The FT reports.