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Food and fuel crises pushing world into 'danger zone', says World Bank

04.07.2008 @ 09:26 CET

As the head of the World Bank warns world leaders that the planet is entering the "danger zone" with millions thrown into extreme poverty by the twin food and fuel crises, a leaked report from his organisation shows that biofuels have pushed up global food prices by 75 percent - a much bigger role in the disaster than previously thought.

ECB raises interest rates despite pressure from EU capitals

03.07.2008 @ 17:42 CET

The European Central Bank on Thursday raised its key interest rate for the first time in more than a year in response to soaring inflation in the euro area.

EU to offer €1 billion from unspent farm funds to poor countries

04.07.2008 @ 09:20 CET

The European Commission will next week offer €1 billion from the EU's unspent agriculture funds to help farmers from poorest countries boost their food production.

Pop stars lobby commission to protect their royalties

03.07.2008 @ 17:45 CET

Stars from the realms of pop, rock, opera, and cinema - including Bee Gee Robin Gibb and soundtrack composer Patrick Doyle - came to Brussels on Thursday to try to convince the European Commission's competition tsars that there is such a thing as too much competition when it comes to changing the rules about who collects royalties on musicians' behalf.

Support for nuclear power in Europe growing, says commission survey

03.07.2008 @ 17:38 CET

Although nuclear energy continues to be a "strongly" divisive subject in the European Union, support for the controversial source of electricity generation has grown "significantly" over the last three years, a new European Commission survey suggests. A "permanent, safe solution" to managing radioactive waste seems to be the decisive factor when it comes to a possible shift in opinion about nuclear energy.

European Commission puts social conscience on show

02.07.2008 @ 17:45 CET

The European Commission has come up with a renewed "social agenda" to highlight its efforts for better protection of citizens, despite criticism by some in the European Parliament and in national capitals, accusing Brussels of a narrow focus on economic growth and the internal market.

Record high inflation sparks debate about interest rates

01.07.2008 @ 09:21 CET

Consumer prices in the eurozone countries climbed to four percent in June, reaching twice the rate of the European Central Bank's inflation goal. The surge has instantly sparked off a debate about whether the Frankfurt-based bank should increase interest rates.

EU biofuels target 'probably a mistake,' France says

30.06.2008 @ 20:15 CET

The noose is steadily tightening around the neck of EU biofuels targets, with France on Monday saying that the EU's 10 percent biofuels target may have to be reconsidered in the latest attack on the renewable energy drive.

Firestorm in Swedish media over 'EU blogger registry'

27.06.2008 @ 09:34 CET

Swedish media have erroneously reported that the EU plans to register and bill all bloggers, setting off a firestorm of reaction in the country. Politicians of all political stripes and most major media outlets have since furiously attacked the idea, while the MEP at the heart of the controversy has been compared to Romanian dictator Nicolae Ceausescu.

EU trade commissioner hits back at Sarkozy

02.07.2008 @ 09:24 CET

EU trade commissioner Peter Mandelson has fired back at criticism by French President Nicolas Sarkozy, saying that Mr Sarkozy's statements were "undermining" the EU's position in world trade talks.

Aviation industry attacks mandatory 'polluter pays' principle

27.06.2008 @ 09:24 CET

The aviation industry has reacted angrily to a fresh deal between the European Parliament and EU governments to make airlines a part of a pollution-reducing scheme from 2012, saying that policymakers have "completely disregarded the future" of the sector.