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2
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More competitivity, less agriculture
submitted by Madalina 974 days ago (via euractiv.com)
The EU finally decided to allocate more funds for improving its competitivity than for its agricultural policy. The 2008 budget proposal also secures an extra 2.7 billion euro for the Galileo and the European Institute of Technology projects.
 
0 Comments - More Info - Bury   Topic: Business and Economics
3
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European stocks close higher after Federal Reserve cuts discount rate
submitted by EUnews 1075 days ago (via money.cnn.com)
Major indexes jump after Federal Reserve cuts discount rate to 5.75 percent, alleviating some credit fears.
 
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2
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A380 to enter service in October
submitted by EUnews 1075 days ago (via news.bbc.co.uk)
First flight will mark the end of the A380's long-delayed journey towards commercial operation which has hit the finances of Airbus and its parent firm EADS. Singapore Airlines is first client of the giant airplane.
 
0 Comments - More Info - Bury   Topic: Business and Economics
2
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Leading EU nations see slowdown
submitted by EUnews 1075 days ago (via news.bbc.co.uk)
Both countries' economies grew slow in second quarter by 0.3% because of a weaker trade in France and a construction slowdown in Germany. The 13-nation eurozone hit 0.3% in the quarter, missing forecasts. The 27-member EU saw growth of 0.5%, marking a drop from 0.7% in the previous quarter.
 
0 Comments - More Info - Bury   Topic: Business and Economics
3
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Europe might impose visas for U.S. citizens
submitted by entereu 1087 days ago (via guardian.co.uk)
Following the new American laws designed to improve security, the EU threatens to impose visas to US citizens wanting to visit Europe.
 
0 Comments - More Info - Bury   Topic: Business and Economics
3
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Housing market threatens to hit eurozone growth
submitted by EUnews 1074 days ago (via ft.com)
House prices will rice by just 4.3 per cent this year because of higher European Central Bank interest rates - which have risen from 2 per cent at the end of 2005 to 4 per cent. A decline in residential house building could hit economies such as Spain's, which have boomed on the back of strong construction activity.
 
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2
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Trade surplus of Eurozone rise by 4 time than last month
submitted by EUnews 1073 days ago (via news.xinhuanet.com)
The trade surplus increase in the 13-nation bloc sharing the same currency was achieved by strong exports. The 27-nation EU recorded a trade deficit of 9.4 billion euros in June, down from 15 billion euros in the previous month. Oil, gas and basic materials is the largest source of deficit for the EU. The chemicals, machinery and vehicles are the main products for exports.
 
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2
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Europe’s leading low cost airline suspends flights
submitted by EUnews 1072 days ago (via ft.com)
Ryanairhad suspended taking bookings from November 12 for flights to and from Brussels-Charleroi. Ryanair flies 21 routes to and from Charleroi and has four aircraft based at the airport, where it is by far the leading operator.
 
0 Comments - More Info - Bury   Topic: Business and Economics
1
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Ryanair beat Eurostar
submitted by EUnews 1072 days ago (via news.bbc.co.uk)
Ryanair has been banned from claiming its low cost flight from London to Brussels is faster and cheaper than making the journey by Eurostar. Ryanair's advert compared its 70-minute flight with a 131-minute train journey.
 
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2
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Ford expect higher profit and hope to buy Romanian car producer
submitted by EUnews 1069 days ago (via uk.reuters.com)
Ford Motor Co's European division want to be moreprofitable than last year but it's worried about Japanese competition due to the weak yen. To increase production with 300,000, Ford hope to win a tender to acquire a majority stake in Romanian carmaker Automobile Craiova(former Daewoo Automobile Romania) in September.
 
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