European Union

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Russia to End Ban on Dutch, Belgian Veggies

Russia lifts part of 'disproportionate' vegetable ban

(Newser) - Russia is ending a blanket ban on vegetable imports from the European Union put in place over fears of E. coli infection, starting with the Netherlands and Belgium, the nation's top consumer rights watchdog said today. Shipments were allowed to resume today following a 26-day ban intended to prevent...

Youths Hurl Rocks as Greeks Begin 2-Day Strike

20,000 march on Parliament

(Newser) - Greek workers launched a 48-hour general strike today to protest government austerity measures as 20,000 demonstrators headed to Parliament and another 7,000 marched in the country’s second-biggest city. Some 5,000 police guarded Athens, and while the initial protests were peaceful, things are heating up. Young people...

Iceland Begins Talks on Joining EU

It's an unpopular notion within the country

(Newser) - Iceland is beginning formal accession talks with the European Union, following several months of preparation by both sides. Iceland applied for membership following the collapse of its bloated banking industry in 2008, but joining the EU is unpopular with large sections of the public. Iceland's membership in the EU...

Court to France: Save the Hamsters or Pay $24M

France not doing enough, faces fines if it doesn't improve

(Newser) - They may be just 10 inches long, but Alsace’s wild hamsters are Great all the same—and France isn’t doing enough to keep them around, the EU’s top court ruled yesterday. If the country doesn't make a better life for the creatures, it faces $24.6...

Germany on E. Coli Source: It Was the Bean Sprouts

Other veggies off the hook

(Newser) - On Sunday Germany’s E. coli outbreak—which has now killed 29 people—was blamed on bean sprouts ; on Monday it wasn’t . Now, apparently, the sprouts are once again being fingered as the culprit. “People who ate sprouts were nine times more likely to have bloody diarrhea than...

Strauss-Kahn Saga Would Make Great Movie

Would tell the tale of 'crisis of European dream': Ross Douthat

(Newser) - Dominique Strauss-Kahn’s story might seem like Law & Order fodder, but it would actually make for a “sprawling, complex, kaleidoscope-of-globalization” movie—something along the lines of Traffic or Babel, writes Ross Douthat, who summarizes the plot as he sees it in the New York Times . It would tell...

Portugal Reaches Bailout Deal
 Portugal Reaches Bailout Deal 

Portugal Reaches Bailout Deal

Will be worth about $116 billion over three years

(Newser) - Portugal pleaded for a bailout , and now it's got one. The hard-up nation has negotiated a bailout from the EU and IMF worth about $116 billion. The three-year loan is a "good agreement that defends Portugal," according to caretaker PM Jose Socrates, who added that Portugal would...

Portugal Pleads for Bailout
 Portugal Pleads for Bailout 

Portugal Pleads for Bailout

Country is third EU victim of debt crisis

(Newser) - Portugal is biting the bullet and admitting that it desperately needs a massive bailout from its European Union partners to stay afloat. Caretaker prime minister Jose Socrates told the nation that the decision to seek a bailout was "a last resort" as interest rates on its short-term debt skyrocket,...

'Serious' Hack Strikes EU on Eve of Summit

It's 'a big one,' but officials mum on details

(Newser) - The EU government was hit with a “serious” cyberattack the day before a summit in Brussels. “We're often hit by cyberattacks, but this is a big one,” said an insider. Officials didn’t provide details of the attack, which targeted the European Commission and the EU’s...

Portugal Gov't Verges on Collapse

Country could soon go the way of Greece, Ireland

(Newser) - Today promises to be a tumultuous day in Portugal, with all signs pointing to the resignation of Prime Minister Jose Socrates and the collapse of his minority Socialist administration. The country’s parliament is expected to vote down Socrates’ austerity plan, a move the prime minister contends will force the...

EU Demands Better Privacy for Facebook Users

New rules will call for improvements on social networking sites

(Newser) - The EU is demanding enhanced privacy on Facebook and other social networking sites, calling for a “right to be forgotten." The justice commissioner will unveil rules before summer demanding, among other things, that strict privacy settings be the default for users. Sites like Facebook “can't think they're...

Germany Shuts Down 7 Nuclear Reactors

Older reactors will cease operations for at least 3 months

(Newser) - Japan’s growing nuclear crisis has led Germany to shut down seven of its nuclear power plants for at least three months, the New York Times reports. Plants that began operating before the close of 1980 will temporarily close while officials complete a safety review for all 17 of the...

EU Chiefs: Gadhafi Must Go

But they don't agree on how to make that happen

(Newser) - It’s time for Moammar Gadhafi to go, the leaders of the EU have declared following an emergency meeting in Brussels. The leaders will “examine all necessary options” to protect civilians in Libya, they say. But amid reluctance from German Chancellor Angela Merkel, the officials haven’t come to...

EU to Women: Sorry, No More Cheaper Car Insurance

Insurance firms ordered to stop sex discrimination

(Newser) - European women will no longer enjoy cheaper car insurance because of their sex's safer driving habits. A European Union court has made it illegal for insurance companies to base premiums on gender-based risk assessment, CNN reports. Millions of women drivers, who previously enjoyed car insurance up to 50% cheaper than...

Why the Euro Was a Horrible Mistake
Why the Euro Was
a Horrible Mistake
paul krugman

Why the Euro Was a Horrible Mistake

And how Europe can rectify it

(Newser) - Europe is a little like a classic Greek tragic hero, brought low by a singular act of hubris: the creation of the euro. In a lengthy piece in the New York Times , Paul Krugman argues that the euro was always a dubious idea, but European leaders “engaged in magical...

Irish Lawmakers OK $90B Bailout—Barely

Despite cries from opposition, motion passes 81-75

(Newser) - Irish lawmakers have voted to take the $90 billion international bailout fund, an emergency measure designed to keep Europe's debt crisis from getting worse. Prime Minister Brian Cowen won today's motion on an 81-75 vote. He argued that Ireland had no choice but to take loans from the European Union...

As Crises Spread, Europe Scrambles for an Answer
As Crises Spread, Europe Scrambles for an Answer
analysis

As Crises Spread, Europe Scrambles for an Answer

Even healthier countries now feeling pinch

(Newser) - Financial crises in Greece, Ireland, and Portugal have stoked fears for Italy, Belgium, and the more robust Germany as Europe struggles to find a solution, the New York Times reports. Worry that Germany may have to pay the brunt of bailout costs have prompted the sale of its debt; investor...

Gadhafi Demands $6B to Keep Europe White

Libyan leader warns that flood of migrants will change Europe

(Newser) - "Christian, white" countries will end up being flooded with African migrants unless the European Union gives Libya another $6 billion to fight illegal immigration, Moammar Gadhafi warns. "We should stop this illegal immigration. If we don't, Europe will become black, it will be overcome by people with different...

EU Antitrust Regulators Target Google

They say it discriminated against rivals in search results

(Newser) - Google is in hot water with EU antitrust authorities over allegations that it discriminated against rivals in its search results, and barred some websites from using rival ad services with its AdSense contracts. The European Commission will also investigate allegations that Google makes it difficult for advertisers to move data...

EU Agrees to $113B Ireland Bailout

New rules for future emergencies also sketched out

(Newser) - European Union nations agreed today to give $113 billion in bailout loans to Ireland to help it weather the cost of its massive banking crisis, and sketched out new rules for future emergencies in an effort to restore faith in the euro currency. The rescue deal, approved by finance ministers...

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