*EU patience with Russia running out. BRUSSELS, July 24- The European Union would target state-owned Russian banks and their ability to finance Moscow's faltering economy in its most serious sanctions so far over the Ukraine crisis under proposals considered by EU governments on Thursday, diplomats said.» Read More
LONDON, Feb 9- The euro zone and its constituent parts will report fourth quarter economic growth numbers at the end of the week, offering policy makers at the European Central Bank a needed snapshot of the bloc's underlying strength. There has been general improvement but a growing disparity between Germany and France, the currency union's largest economies.
PARIS, Feb 7- By referring a complaint against the European Central Bank's bond-buying policy to the European Court of Justice, Germany's constitutional court has sidestepped a crucial dispute over who has ultimate authority in the European Union.
BRUSSELS, Feb 6- The European Union will offer to lift tariffs on nearly all goods imported from the United States as part of negotiations towards the world's largest free-trade deal, people familiar with the proposal have told Reuters.
OTTAWA/ WASHINGTON, Feb 5- Canada and the United States on Wednesday unveiled a tax information-sharing pact, advancing the Obama administration's fight against tax dodgers, although challenges remained to implementing a U.S. international tax transparency law.
OTTAWA, Feb 5- Canada and the United States have signed a tax-information sharing agreement, officials from the two countries said on Wednesday, months ahead of implementation of a new U.S. law to crack down on offshore tax avoidance.
OTTAWA, Feb 5- Canada has signed a tax-information sharing agreement with the U.S. Treasury Department ahead of a new U.S. law that will crack down on offshore tax avoidance, senior Canadian finance officials said on Wednesday.
*European Union set to improve passenger rights next year. *Rules foresee payout of up to 600 euros for flight delay. The revised rules, which would apply across the 28 countries in the European Union, would require airlines to have staff to inform passengers about their rights, as well as laying out procedures for complaints and reimbursements.
*European Union set to improve passenger rights next year. *New rules foresee payout of up to 600 euros for flight delay. The revised rules, which would apply across the 28 countries in the European Union, would require airlines to have staff to inform passengers about their rights, as well as laying out procedures for complaints and reimbursements.
*Google proposal valid in Europe for 5 years. BRUSSELS, Feb 5- Google agreed to make concessions on how it displays competitors' links on its website on Wednesday, in a deal with the European Union regulator that ended a three-year antitrust probe and avoided a fine.
*European firms say China benefits from credits, subsidies. BRUSSELS, Feb 5- The European Parliament pressed the EU's trade chief on Wednesday to build stronger defences against cheap imports from China, saying the European Union needed broad new powers to stand up to the world's second-largest economy.
BRUSSELS, Feb 5- The EU's trade chief will present a voluntary scheme in March aimed at stemming the import of minerals from conflict zones and prevent mining them from financing war and strife, EU officials said on Wednesday.
LONDON, Feb 5- Greek bond yields fell sharply on Wednesday after a media report said European Union officials were weighing extending the maturity of loans to Athens to 50 years, which could ease the debt burden on Greece.
*EU sets out its case for drawing in Ukraine, says offer remains. *Message underlines Europe's battle of ideals with Russia. BRUSSELS, Feb 5- If there is a consistent message the European Union has tried to send since Ukraine rejected a trade deal last November in favour of stronger ties with Moscow, it is that it does not want to end up in a tug-of-war with Russia.
*Retail sales fall 1.0 percent in December yr-on-yr. *Sales also fall 1.6 percent compared to November. *Falling demand raises concerns about deflation.
BRUSSELS, Feb 5- The euro zone's Christmas shopping season was a sore disappointment in December as demand for retail goods fell sharply despite expectations of a rise, adding to the risk of deflation for the currency bloc.
*Greece, Italy seen as most corrupt. BRUSSELS, Feb 3- Corruption costs Europe 120 billion euros a year, or around one percent of economic output, according to the first ever report on graft in the 28- nation European Union by the executive European Commission. Almost all firms in Greece, Spain and Italy believe it is widespread.
*Greece, Italy seen as most corrupt. BRUSSELS, Feb 3- Corruption is a problem for almost half the companies doing business in Europe, a survey by the European Commission said on Monday, and an increasing number of European Union citizens think it is getting worse.
*OPEC output rises in January from 2-1/ 2 year low- survey. NEW YORK, Jan 31- Oil prices fell on Friday, with Brent posting its biggest monthly loss in four months, on worries over the outlook for emerging economies and fallout over the U.S.
UNITED NATIONS, Jan 31- U.N. Secretary-General Ban Ki- moon on Friday appointed former New York City Mayor Michael Bloomberg as his special envoy for cities and climate change, in a bid to build momentum ahead of a planned U.N. conference in September. Ban is seeking to re-energize the global climate change debate and boost the United Nations' role.
*OPEC output rises in January from 2-1/ 2 year low- survey. NEW YORK, Jan 31- Brent oil fell by $1 on Friday, putting it on track for its first monthly loss in four months, under pressure from worries over emerging economies turmoil and weak global stock markets. The spread between the two benchmarks fell below $9 for the first time in nearly 3 months.