EU tries to calm market fears over debt crisis

BRUSSELS - (APINTL) The European Commission on Wednesday tried to calm fears that Greece's debt crisis is spreading to other European countries, insisting Greece is a "unique case." Presenting a small upward revision to this year's growth forecast for Europe, EU Commissioner Olli...

EU unveils "digital agenda" to increase use of Web

BRUSSELS - (AP) The European Commission unveiled plans Wednesday to greatly increase the number of Europeans using public and commercial services online over the next decade. Neelie Kroes, the EU commissioner for digital affairs, said 30 percent of Europeans have never used the Internet. Beyond...

EU tells Italy to hike retirement age for women

BRUSSELS - (APINTL) The European Commission called on Italy to make an immediate change to rules that allow female civil servants to retire far earlier than their male co-workers. Italian men working in public administration can retire at 65, while women can currently retire at 60. Italy is slowly...

EU seeks to double deposit insurance limit

BRUSSELS - (AP) The European Commission proposed Monday to double protection for bank account holders across the 27 EU nations guaranteeing them a maximum payout of (EURO)100,000 ($125,700), paid within seven days if their banks fold. It also proposed more compensation for investors to a maximum of...