Eurotunnel plan seen approved if quorum reached
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Creditors of Anglo-French cross-Channel tunnel operator Eurotunnel   are expected to approve a restructuring plan on Monday. should the vote be attended by enough to form a quorum, sources close to the talks said.
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The revised team of European commissioners headed by Jose Manuel Durao Barroso was approved by the European Parliament (EP) on Thursday.
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EU antitrust regulators approved on Thursday British plans to bring North Yorkshire to the cutting edge of the Internet age with public funding for a broadband network.
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A draft U.S.-European Union agreement  on liberalizing transatlantic air travel requires the unanimous  backing of the 27 member states, according to the EU Council's  legal service, an EU diplomat said on Wednesday.
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BUCHAREST, Jan 17 (IPS) - The European Commission (EC) has given a positive  opinion on construction of a nuclear plant at Belene by Russian  Atomstroiexport, controlled by Gazprom.
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Europeâs political crisis should end tomorrow with a final vote of approval for the new, improved, team of Commissioners in Brussels.
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Alitalia SpA&#39;s board is likely to approve today Chief Executive Officer Giancarlo Cimoli&#39;s rescue plan for Italy&#39;s largest airline, after he won concessions from the carrier&#39;s nine major unions on job cuts.
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The incoming head of the European Union&#39;s executive body has announced changes to his group of commissioners and says he is ready to go to the European Parliament to seek its approval of his team.
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Eurotunnel, the operator of the Channel tunnel that has been fighting bankruptcy, said Wednesday that it stemmed losses last year after a catastrophic 12 months in 2005.
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The European Commission has adopted draft legislation that would separate power generation from distribution networks. The aim is to restrict the influence of big utility companies. In part, the initiative is aimed at Russia, which provides around a quarter of Europe's gas, since the proposals would ban foreign firms from owning transmission networks -- unless agreements are reached between the EU and the companies' home countries.
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Supporters say the new technology, which uses electric power lines, could become a major alternative to cable modem and phone connections if FCC approval helps it attract  participation of major utility companies.
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Citigroup and a consortium of Goldman Sachs and Deutsche Bank have submitted competing bids to finance a deal restructuring Eurotunnel's staggering debt, the operator of the undersea rail tunnel linking Britain and France said Sunday.
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The European Parliament prepares to vote on whether to endorse the new executive commission team.
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European editorials on Friday had a lot to say about the new European Commission which has now been approved by the EU parliament.
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The European Commission approved a multi-billion pound bailout of the nuclear group British Energy, after securing guarantees that the company would not breach EU competition rules.
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Creditors of Eurotunnel are set to vote on the debt-ridden Channel rail tunnel operator's restructuring plan.
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Europe's programme for funding scientific research in the member states is a step closer to being adopted.