Brussels lets big spenders off the hook
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The European Commission yesterday abandoned efforts to punish France and Germany for breach of the stability and growth pact, offering to turn a blind eye to abuse of EU spending rules.
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MPs and the main City watchdog are at odds over the plight of millions of policyholders &quot;trapped&quot; in closed with-profits funds.
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GORDON Brown yesterday fired off yet another political salvo at Brussels, as he dismissed a call from the European Commission to increase its spending limit by 35 per cent.
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The European Commission proposes a partial relaxation of the eurozone's strict public spending rules.
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18/10/2004 - Brussels commits â¬188 million to food safety issues in the Union linked to animal diseases, signing off the largest slice for eradication of mad cow disease.
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With the European economy on the upswing, companies and governments are shrugging off the dollar's renewed slide against the euro this week &#151; a phenomenon once dreaded as potential poison for the continent's many exporters.
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BRUSSELS Turkey won a victory in Brussels on Wednesday, but it was only a victory of sorts. By recommending that negotiations could begin, the European Union lifted the gates to the vast, poor Muslim nation of 71 million people.
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The EU called off its sanctions on &#36;4 billion worth of U.S. goods on Monday after Washington repealed illegal export tax subsidies, bringing some balm to transatlantic ties wounded by a battle over Airbus and Boeing.
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Belgium steps up security in the capital after a plot to free a jailed al-Qaeda suspect is foiled, officials say.
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Crisis talks to keep the European hub of international shipper DHL and thousands of jobs in Belgium have been thrown into chaos after Prime Minister Guy Verhofstadt suffered injuries in a car crash.
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The FTSE 100 on Thursday shrugged off news of a EU5bn fraud at Soci&eacute;t&eacute; G&eacute;n&eacute;rale to move sharply higher.
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As the bits were beginning to fall off the deal of all deals in early December, officials from both the British and Irish governments were relatively relaxed about picking up the pieces again.
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The European Union will suspend sanctions on &#36;4 billion worth of U.S. goods, the bloc's executive said Monday, three days after President Bush signed a bill repealing illegal export tax subsidies.
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Belgian police boosted security in Brussels on Friday amid fears of a possible Christmas attack after they foiled a suspected plan to free an Al-Qaeda sympathiser from prison.
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An eleventh hour face saving move by the President-Designate of the European Commission JosÃ© Manuel Durao Barroso managed to diffuse an institutional crisis in the European Union yesterday.
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They formed a new bloc in the European Parliament last month and now receive $1.5 million in public funding.
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Travellers carrying more than 10,000 euros will have to declare the cash when entering or leaving the EU, finance ministers decide.