Last Updated: Friday, September 4, 2015, 22:40
EU countries lost 168 billion euros (USD 187 billion) in sales-tax revenue in 2013 mostly due to fraud and errors, the European Commission said on Thursday.
Last Updated: Wednesday, September 2, 2015, 23:09
The European Commission gave its approval Wednesday of Royal Dutch Shell's planned acquisition of Britain's BG Group in a deal that must also be cleared by Australian and Chinese regulators.
Last Updated: Monday, July 27, 2015, 23:55
European Union nations have until August 20 to suspend the sale of some 700 generic drugs made in India, the EU`s executive confirmed on Monday.
Last Updated: Friday, July 24, 2015, 17:19
The European Commission said on Friday it had approved Finnish telecom equipment group Nokia`s planned purchase of Alcatel-Lucent because the two were not close competitors and would still face strong global competition.
Last Updated: Tuesday, July 7, 2015, 13:48
European Commission head Jean-Claude Juncker said Tuesday he was against an exit by Greece from the euro, even though Greeks massively rejected bailout terms in a referendum this weekend.
Last Updated: Tuesday, June 30, 2015, 09:08
European Commission President Jean-Claude Juncker made a last-minute offer to Athens in a bid to reach a bailout agreement before the deadline expires on Tuesday, European Union and Greek government sources said.
Last Updated: Monday, June 29, 2015, 21:22
European Commission head Jean-Claude Juncker told Greek voters on Monday they would be rejecting the European Union if they opposed creditors' reform proposals in Sunday's referendum.
Last Updated: Monday, June 29, 2015, 12:40
The president of the European Commission will make his latest proposals later on Monday to try to avoid a Greek default, the EU commissioner of economic affairs said, adding that there was still room to negotiate over the crisis.
Last Updated: Saturday, June 27, 2015, 04:35
Greece`s creditors on Friday offered Athens a five-month, 12-billion-euro ($13.4-billion) extension of its bailout programme, but Athens said the offer was unacceptable.
Last Updated: Thursday, June 25, 2015, 08:36
General Electric, which is trying to get EU approval for its bid for Alstom`s power division, had 26 meetings with senior officials, according to the report.
Last Updated: Thursday, June 25, 2015, 01:29
International creditors demanded politically sensitive changes to Greek Prime Minister Alexis Tsipras` tax and reform proposals on Wednesday, adding fresh uncertainty to talks aimed at unlocking aid to avert a debt default next week.
Last Updated: Monday, June 22, 2015, 08:55
It was not immediately clear how far the new proposal yielded to creditors` demands for additional spending cuts and tax hikes, but the offer was a ray of hope that a last-minute deal may yet be wrangled before Athens runs out of cash.
more videos >>
