Luxembourg parliament pases euthanasia law
Submitted by William Kaelin on Thu, 12/18/2008 - 20:30.The Luxembourg parliament Thursday narrowly passed a controverial euthanasia law after a day of highly emotional debate, and despite a plea from the Vatican.
EU was wrong to freeze Iranian group's assets
Submitted by Marina Dimova on Thu, 10/23/2008 - 09:48.The European Union was wrong to keep the assets of the People's Mujahedin of Iran (PMI) frozen despite the Iranian group being taken off a British list of terrorist organizations, the EU's court ruled on Thursday.
France, Belgium, Luxembourg guarantee Dexia bank
Submitted by Marina Dimova on Thu, 10/09/2008 - 08:30.
The governments of France, Belgium and Luxembourg have agreed to guarantee the financing of regional banking group Dexia for at least a year, the three administrations confirmed in a statement Thursday.
EU to boost deposit guarantee to "at least" 50,000 euros
Submitted by William Kaelin on Tue, 10/07/2008 - 17:44.The European Union should boost the minimum level of bank deposit which member states must guarantee from 20,000 euros (27,200 dollars) up to 50,000 euros, the bloc's finance ministers said Tuesday.
EU gears up for fight over executive pay, national bail-outs
Submitted by Marina Dimova on Tue, 10/07/2008 - 09:02.The European Union's finance ministers were braced for confrontation with the financial sector Tuesday as they met in Luxembourg to discuss the financial crisis in general and executive pay in particular.
But their talks threatened to spill over into mutual recriminations after a weekend of shock national banking bail-outs and precipitous stock-market falls.
Euro area ministers discuss common approach to savers' protection
Submitted by William Kaelin on Mon, 10/06/2008 - 21:49.The euro area's finance ministers were meeting in Luxembourg on Monday amid plummeting stock market indexes and charges that governments were not coordinating their efforts to protect citizens' savings from the credit crunch.
Belgium, Luxembourg transfer ailing insurer Fortis to Netherlands
Submitted by William Kaelin on Fri, 10/03/2008 - 17:52.The governments of Belgium and Luxembourg have transferred their shares in bank and insurance giant Fortis to the Netherlands, including the Dutch ABN Amro banking division.
Dutch newswire ANP reported Friday that Belgian Prime Minister Yves Leterme had made the announcement following the Belgian government's weekly meeting.
ArcelorMittal to cut costs by 4 billion dollars
Submitted by Marina Dimova on Wed, 09/17/2008 - 09:10.
ArcelorMittal, the world's largest steel producer, said Wednesday it is to cut costs by 4 billion dollars.
Shares fell 2.1 per cent Friday on the Seoul stock exchange on general recession fears. South Korea's won dropped against the dollar.
When the Spirit rover landed on Mars five years ago, no one expected it or its sister rover Opportunity to make it to their first birthdays, let alone their fifth.
Amelie Mauresmo fell victim to a leg injury after less than half an hour on court Friday to hand over a 4-0 victory which put French compatriot Marion Bartoli into the final of the Brisbane International.
Mumbai-based movie Slumdog Millionaire won five prizes Thursday night at the Critics Choice Awards, cementing its position as a surprise favourite just as the Oscar season moves into high gear.
After the Taipei Zoo received two giant pandas from China, another Taiwan zoo said Friday it is seeking to receive a pair of pandas from China.