EU agrees Galileo needs public bailout
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EU governments agreed Friday that the troubled Galileo satellite navigation network needs a public bailout if what was supposed to be a showcase for Europe&#39;s technological prowess is to get off the ground.
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The European Union (EU) agreed in principle to lift an arms embargo on Libya after pressure from Italy.
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Bulgaria's government and central bank on Thursday signed an agreement about their mutual obligations related to the adoption of the single European currency, the euro.
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The Bank of England agrees to give emergency financial support to mortgage lenders Northern Rock.
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The European Commission pledged an additional 350 million euros (&#36;462 million) over three years on Thursday to relief efforts for the devastating Dec. 26 Indian Ocean earthquake and tsunami.
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The United States and the European  Union are close to signing an agreement that would allow their  satellite navigation systems to work together to provide more  accurate images and information.
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Farmers won't miss â¬2.2bn, say officials The European Union (EU) central bureaucracy has today announced its plan to save Galileo, the troubled European sat nav project. Brussels officials believe that no additional taxpayer cash would be required on top of existing EU plans, saying that funds could be reassigned from other areas.â¦
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But we aren't really sure how Troubled Euro satnav initiative Galileo took something of a beating during a UK Parliamentary debate on Monday.â¦
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NOORDWIJK: Five EU states signed an accord on Friday creating a new European military police force deployable to crisis situations worldwide, the latest tool in Europeâs developing security arsenal.
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Parmalat agrees a settlement with Italian bank Intesa Sanpaolo over the bankruptcy of the dairy group in 2003.
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Boston Scientific receives European approval for its defibrillator.
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The European Union approved a deal on Wednesday setting conditions for the U.S. Treasury Department to consult records of the international banking network SWIFT in anti-terror probes, EU diplomats said.
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Agreement will allow the public to track the space shuttles and space station and more.
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Santander Central Hispano's Â£8.6bn bid for UK lender Abbey will help create a single regional financial market, the European Union's Mario Monti says.
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ROME : Alitalia directors gave formal backing to a four-year rescue plan that will free up a 400-million euro (486-million-dollar) state-backed loan to keep the Italian flag carrier aloft.
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Santander Central Hispano&#39;s Â£8.6bn ($15.3bn) bid for UK lender Abbey will help create a single regional financial market, the European Union (EU) said.
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European Union leaders signed the Treaty  of Lisbon on Thursday to reform the bloc's institutions.