The European Commission in Brussels has approved Alitalia's takeover by an Italian group of investors group and ruled that the consortium will not be required to pay back the 300 million euro bailout granted by the state to the ailing carrier.
The European Commission slashed its economic forecasts for this year, lowering the eurozone growth estimate for the whole of 2008 down from 1.7 percent to 1.3 percent. Britain, Germany and Spain are expected to slip into a recession.
EU Telecoms Commissioner Viviane Reding has criticised mobile phone operators for charging ten times the price of a local SMS when sent from abroad. New plans under the European Commission may help close the price gap.
From the European Parliament in Strasbourg where President Nicolas Sarkozy launches the French presidency of the European Union: what are the key foreign policy issues that the EU under French leadership can be expected to focus on?
Europe is facing some important challenges, including the Irish no-vote to the Lisbon treaty and the need to redefine European institutions. Jose Manuel Barroso, European Commission chief, explains what can be done.