Xenophobes, not workers, are uniting across Europe
EUsets price-fixing fines
EUsets price-fixing finesBy William Echikson
The Wall Street Journal Europe
25 Jan 2007
The European Commission fined a multinational cartel of electric-power switchgear makers, headed up by Germany’s Siemens AG, a total of OE750.7 million ($978 million) for a price-fixing operation that operated for 19 years. Three of the...
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Europe is on target for another big year of buyouts
Europe is on target for another big year of buyoutsVITO J RACANELLI OF BARRON’S
The Business
20 Jan 2007
THOUGH European equities have soared about 125% over the past four years, activity in mergers and acquisitions (M&A) and in leveraged buyouts (LBO) should continue at a brisk pace in 2007. They’ll be fuelled by low global interest rates, strong...
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Europe Soul searching
Europe Soul searching
The Guardian
19 Jan 2007
Something important happened in October 2005 at Hampton Court, although no one today in Britain can remember quite what. Britain, then president of the EU, hosted a summit that put climate security and Europe’s energy supply at the top of the EU...
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Visa awaits EU report on fees
Visa awaits EU report on feesBy Anne Jolis
The Wall Street Journal Europe
16 Jan 2007
BRUSSELS— Visa Europe said it fears Europeans will stop using payment cards unless the European Commission lets card companies keep setting the rates banks charge for credit-card transactions. The credit-card companies don’t get any money from the...
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ECB could follow U.K.’s rate increase
ECB could follow U.K.’s rate increaseBy Joellen Perry
The Wall Street Journal Asia
12 Jan 2007
FRANKFURT—European interest rates areheaded higher, as the region continues to post solid economic growth while fears of weakness fromaU.S. slowdowndissipate. Citing strong growth and continuing inflation pressures, the Bank of England surprised...
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Euro zone logs job gains, butwages to stay flat
Euro zone logs job gains, butwages to stay flatBy Joellen Perry
The Wall Street Journal Europe
08 Jan 2007
FRANKFURT—In a sign that Europe’s economic recovery is finally creating jobs across the Continent, unemployment rate in the euro zone fell to 7.6% in November. Subdued wage growth, though, will likely thwart major gains in consumer spending and keep...
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Today’s European Union is 27 states in search of a story
Today’s European Union is 27 states in search of a storyTimothy Garton Ash
The Guardian
04 Jan 2007
Timothy Garton Ash On New Year’s Day, the silent empire expanded again. Its new colonies celebrated their incorporation as a liberation — which, for most individual Romanians and Bulgarians, it will be. Twenty years ago, they were the impoverished...
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