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Ancient Pompeii to get 105 million-Euro makeover

The long-neglected Roman city of Pompeii will get a 105-million euro ($142-million) makeover partly funded by the EU starting on Wednesday, a day after former site managers were put under investigation for corruption. The project, which is being funded to the tune of 41.8 million euros from the European Union,…

EU considers quotas for women directors

The EU warned Monday it is ready to legislate to get more women into boardrooms, after just 24 out of the European Union’s estimated 20 million businesses signed up to a voluntary initiative. “Personally, I am not a great fan of quotas. However, I like the results they bring,” European…

Obama lauds ‘positive steps’ to tackle euro crisis

WASHINGTON — US President Barack Obama called German counterpart Angela Merkel on Tuesday to welcome “positive steps” taken by the European Union to ease its smoldering debt crisis, the White House said. Hours after the EU and the private sector inked a 237-billion-euro ($310 billion) bailout designed to keep Greece…

Google hit by new anti-trust complaint in Europe

The French online shopping website Twenga has filed a complaint against Google at the European Commission, accusing the Internet search giant of abusing its dominant position to eliminate any competition. The commission, the European Union’s competition watchdog, has been investigating Google since November 2010 following several complaints, with US IT giant Microsoft filing its own grievance last year. Twenga,…

Obama hails new EU sanctions on Iran

WASHINGTON — US President Barack Obama on Monday hailed new European Union sanctions imposing an embargo on Iranian oil to stifle funds reaching Tehran’s suspect nuclear program. Obama applauded the actions of the European Union “to impose additional sanctions on Iran in response to the regime’s continuing failure to fulfill…

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