Friday, November 23, 2012

European Union Budget Talks: Scepticism Greets UK Prime Minister Cameron

Latest update from European Summit, Progress made on breaking deadlock, EU president Herman Van Rompuy's shift came after midnight on the first day of an EU summit, and left unchanged the overall size of his proposed budget

From European Union Budget talks, Scepticism greets Cameron at EU talks, Many in Brussels feel that the British prime minister is on another wrecking mission at the EU budget talks, but his position is more complex

Latest economic data, Eurozone business set for grim quarter, Data showed a glimmer of hope with an improvement in manufacturing, but the service sector suffered the worst drop in more than three years

Companies news, Brussels clears Glencore-Xstrata, Commodities trading group meets the concerns of Brussels antitrust regulator by agreeing to terminate Nyrstar zinc contracts, Trade body warns on Glencore merger
The European Steel Association says the combined Glencore-Xstrata would control 35 per cent of the European zinc market

Meanwhile, Growth funds likely target of European Union cuts, Officials brace themselves for as much as €20bn to be removed from the draft budget's 'growth and competitiveness' heading

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