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Housing market threatens to hit eurozone growth
submitted by EUnews 505 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.
 
0 Comments - More Info - Bury   Topic: Business and Economics
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Biofuels not the answer, says university study
submitted by EUnews 505 days ago (via cordis.europa.eu)
UK researchers warn that increasing the production of biofuels to combat climate change would release up to nine times more carbon dioxide over the next 30 years than released by fossil fuels because of the clearing forests to make way for the cultivation of biofuel crops.
 
0 Comments - More Info - Bury   Topic: Environment
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European Union fight against death penalty
submitted by EUnews 504 days ago (via nbc5i.com)
The death penalty is banned in the 27-nation EU, which also fights for its the global abolition, but these days in Texas one man will be execute. So, Brussels urge Texas Gov. Rick Perry to halt execution. The European Union becomes a "tiger" who fight for human rights?
 
0 Comments - More Info - Bury   Topic: World Powers
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Trade surplus of Eurozone rise by 4 time than last month
submitted by EUnews 504 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.
 
0 Comments - More Info - Bury   Topic: Business and Economics
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Apple secures Europe iPhone revenue deals
submitted by EUnews 504 days ago (via msnbc.msn.com)
Apple will receive 10 per cent of the revenues made from calls and data transfers by customers over iPhones according to the contract signed by T-Mobile of Germany, Orange of France and O2 in the UK for exclusively sell new iPhone in Europe.
 
0 Comments - More Info - Bury   Topic: Technology
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Europe’s leading low cost airline suspends flights
submitted by EUnews 503 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
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Ryanair beat Eurostar
submitted by EUnews 503 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.
 
0 Comments - More Info - Bury   Topic: Business and Economics
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Ford expect higher profit and hope to buy Romanian car producer
submitted by EUnews 500 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.
 
0 Comments - More Info - Bury   Topic: Business and Economics
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Germans Ease Curbs on Skilled Labor From Eastern Europe
submitted by EUnews 499 days ago (via nytimes.com)
Angela Merkel has announced that the German government will ease labor restrictions for skilled workers from East European members of the European Union because German industry, the world leader in exports, has repeatedly complained about the lack of skilled labor.
 
0 Comments - More Info - Bury   Topic: Eastern Europe
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After Greek forest fires, floods strand Romania villagers
submitted by EUnews 498 days ago (via news.bbc.co.uk)
The 17th-Century Sambata de Sus Romanian monastery was evacuated in the floods and in the villages of Moldovita and Vatra Moldovitei, 1,400 villagers were stranded as flooding turned dirt roads into mud.
 
0 Comments - More Info - Bury   Topic: Eastern Europe


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