Two days ago, officials of the European Commission (EC), the executive arm of the European Union, raided the offices of Royal Dutch Shell PLC (NYSE: RDS-A), BP PLC (NYSE: BP), ... Read Full Story »
The European Commission’s (EC) competition committee today issued a statement setting for its view that Google Inc. (NASDAQ: GOOG) engages in anti-competitive behavior by seeking an injunction against Apple Inc. ... Read Full Story »
Eurozone Economic Forecast The European Commission suggests -- in a late forecast compared to those of many other economists -- that the eurozone economy will shrink in 2013, and the EU ... Read Full Story »
A report from the so-called ‘troika’ -- the European Commission, the European Central Bank, and the International Monetary Fund -- on Greece’s ability to repay its debt may be delayed ... Read Full Story »
Several news sources report that Angela Merkel may not want to face a collapse of the EU because efforts for a coordinated financial rescue have failed. Part of the reason for ... Read Full Story »
It didn’t take long for Germany to respond to a report from the European Commission proposing that the European Stability Mechanism be empowered to lend directly to banks. From Market ... Read Full Story »
The executive branch of the European Union -- the European Commission (EC) -- is set to release a report today that recommends allowing the funds in the European Stability Mechanism ... Read Full Story »
If you can count on the Europeans to invent one thing, it is the invention of taxation. The latest effort by the European Commission is one that is just baffling if ... Read Full Story »