EU leaders brace for bitter budget battle
European Union leaders prepared Thursday for a summit on a proposed budget that has divided the 27-nation bloc already facing
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Business
Greece could still get South Stream branch – report
Russian state-owned gas firm Gazprom has not abandoned plans to build a branch of the South Stream gas pipeline passing
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MEPs urge caution on fracking, but reject call to EU countries to refuse further fracking operations
Members of the European Parliament say that the emergence of exploration for shale oil and shale gas in some EU
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Drop in Spanish olive oil production likely means higher prices
A severe drought is projected to cut sharply into Spain’s olive harvest. The Mediterranean country is the world’s largest supplier
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Turkish bids filed for Bulgaria’s Globul
Turkish telecom operators Turkcell and Turk Telekom said in separate filings to the Istanbul Stock Exchange that they have placed
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Greek bailout money still in limbo
Greece’s international lenders have failed for the second week in a row to reach an agreement on releasing more bailout
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Bulgaria expects 5% increase in tourists in 2012 winter season
Bulgaria expects an increase of five per cent in the number of tourists visiting the country in the 2012 winter
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MEPs call for common fees for card payments
Future EU rules for card payments should be modelled on those for cross-border bank transfers, so as to make paying
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France downplays Moody’s downgrade
A day after credit ratings agency Moody’s downgraded French government bonds by one notch below the triple-A top ranking, French
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