A homeless sleeps at the entrance of a bank in Milan, Italy on June 27, 2013. Recent figures released by the Eurostat data agency show the eurozone unemployment rate has hit its previous record-high of 12.1 percent in May. According to the data, the jobless rate rose 0.1 percentage in May after the previous months’ figures were amended down from 12.2 percent to 12.0 percent. Approximately 19.22... 

The European Parliament has asked for “full clarification” about the latest disclosure that the U.S. has spied on European Union offices both in the U.S. and in Europe, warning EU-U.S. relations would be severely affected. “I am deeply worried and shocked about the allegations of U.S. authorities spying on EU offices,” said the President of the European Parliament Martin Schulz in a statement... 

Italian students protesting against austerity measures Tens of thousands of workers and jobless people have taken part in a rally in the Italian capital, Rome, in protest against the country’s rising unemployment rate and unfair taxes. Italy’s three largest labor union confederations, the CGIL, CISL, and the UIL, organized the Saturday rally. The protesters slammed the government of Prime Minister... 

Microsoft, the company which created abusive monopoly in the PC desktop space and did not leave any room for a single player to breath and survive for almost three decades is now crying wolf when competitors are doing better. Microsoft and it’s pizza delivery boy Nokia filed complaints with the EU, via is proxy body FairSearch, against Google’s free and open source Android OS. According... 

The European Commission has called on US Attorney General Eric Holder to account for the country’s recent spying revelations that has also targeted the Europeans, a report says. EU Justice Commissioner Viviane Reding said on Tuesday that it demands the United States to provide assurances that EU citizens and companies have received the same fundamental respect and rights as US residents when it... 

A news survey shows that most French people disapprove of socialist President Francois Hollande’s leadership and believe that the European Union (EU) is led in the wrong direction. The survey, carried out by Gallup in six EU countries and released on Wednesday, indicated 51 percent of the French disapprove of Hollande’s leadership role in Europe. Hollande’s popularity, which had... 

On May 31 world media headlines read “Monsanto backing away from GMO crops in Europe.” But before the world opens the champagne to celebrate the death of GMO, it is worthwhile to look more closely at what was officially said and what not. The original source for the story is attributed to a German left daily, TAZ which printed excerpts from an interview with an official spokeswoman of Monsanto... 

The Russian President has told reporters he was very tired of their persistent interest in his attitude to same sex marriage, but promised to support the ban on adoptions by foreign same sex couples if parliament approves it. “You really got me with these same sex marriages. Wherever I go… When I come to Europe they are waving their flags there, I come here – now you start pestering me with... 

Marine Le Pen, leader of France’s National Front A European parliamentary committee has voted in favor of lifting immunity from prosecution for France’s far-right leader Marine Le Pen, paving the way for prosecutors to file criminal charges against her for “inciting racism”. European officials said on Saturday the immunity was “unanimously” annulled in a secret ballot this week,... 

The European Union has imposed anti-dumping duties on biodiesel imports from Argentina in a move dubbed by Buenos Aires as “aggressive protectionism,” Press TV reports. The decision by Brussels to levy 10.6-percent tariff on biodiesel took effect on Friday and will be in force for six months. Argentina’s Foreign Ministry slammed EU’s decision, saying, “The measure is due to the inability... 

People waiting in line at a government employment office in Spain. Fresh data reveal the eurozone unemployment rate has hit a record high of 12.2 percent in April, with around 19.2 million receiving government financial assistance as recession continues to take its toll on European economies. The Eurostat data agency said on Friday that a total of 1.6 million people have lost their jobs in the eurozone... 

Young Spaniards protesting against the government in Madrid. European leaders have warned that youth unemployment in the European Union (EU) must be tackled urgently, as nearly one in four young people in the bloc is out of work. At a conference in Paris on Tuesday, ministers from France, Italy and Germany said if the issue is not addressed at once, the young people in Europe will lose faith in their... 

The Obama administration has warned British officials that if the UK leaves Europe it will exclude itself from a US-EU trade and investment partnership potentially worth hundreds of billions of pounds a year, and that it was very unlikely that Washington would make a separate deal with Britain. The warning comes in the wake of David Cameron’s visit to Washington, which was primarily intended... 

Official figures show that the number of Italians who are in a grave economic condition has increased to an alarming point, Press TV reports. Italy’s National Statistics Institute, ISTAT, said in a newly released report that at the end of 2012, around 15 million people were dealing with some form of economic hardship. The report added that over 8.5 million of those people were living in a seriously... 

Governor of Bank of Canada Mark Carney Governor of Bank of Canada has warned Europe that it faces a “decade of stagnation” if it does not apply sustained and significant reforms to put its fiscal house in order. Mark Carney issued the warning on Tuesday while making a speech to the Montreal board of trade. “Europe remains in recession, with economic activity constrained by fiscal austerity,...