VENTURE CAPITAL POST

With Portugal being the poorest Western European nation and having record numbers for unemployment, the lowering of allotments for food aid would affect a great many Portuguese.

Germany, in order to avoid a protracted legal process, is leading the way to find a compromise in the creation of the EU banking union.

Despite an European Council legal opinion, the EU maintains that the financial transaction tax issue is a misunderstanding.

The Bank Recovery and Resolution Directive for all EU members to recognize the Single Resolution Mechanism would be created after the German elections.

UK Prime Minister David Cameron said in an interview with a newspaper last September 6 that the country would be considering severing its ties with the European Union if stricter reforms were imposed on "welfare tourism".

Lawyers of the European Union said the proposed transaction tax plan was illegal.

Antitrust regulators in the European Union would review M&A deals to gauge their effects on local markets.

Tax avoidance systems in EU member countries are to be investigated by EU.

New policies are being instituted to make 'shadow banking' safer for market players, according to the European Union.

The European Union said it would study the possibility of using economic pressure to end the bloodshed in Egypt.

Google lost its proposal to delay the proceedings regarding a London antitrust case filed by Foundem.

China and the European Union have agreed on a trade price and concluded a six-week dispute over Chinese solar panels.

William Hague said that he is calling for a reform in the European Union competences.

The European Union weighs options regarding the military wing of Hezbollah as Britain persuaded its peers to blacklist the Shi'ite Muslim group's military wing.

Participants of the G20 summit held recently in Moscow expressed concerns regarding US Fed, China, and Japan.