BRUSSELS (AP) — The European Union has given Google “a matter of weeks” to propose remedies to antitrust concerns arising from its alleged dominant position in the online search market. (more)
The European Commission and European Central Bank are making contingency plans for a possible Greek exit from the euro, an EU commissioner says. (more)
The Bank of Spain announced that it is looking rescue Bankia SA by taking a controlling share, according to the Wall Street Journal. (more)
This post originally appeared in Global Post. (more)
The evidence is mounting that the European Union is stepping in to fill the void of FTC law enforcement concerning Google. Currently, EU law enforcement is confronting Google on at least three different major law enforcement matters, and in the U.S., the DOJ, State Attorneys General, and Congressional overseers have taken a consistent, bipartisan tough law enforcement approach with Google. However, this is in stark contrast to the FTC’s consistently lax law enforcement record with Google. The evidence below indicates the FTC is the outlier in Google law enforcement. (more)
The White House is following the lead of the European Union in advocating for new Internet privacy laws which put consumers’ interests ahead of those of cyber-businesses, policy analysts told The Daily Caller. (more)
Changes made by Google to its privacy policy are in breach of European law, the EU’s justice commissioner has said. (more)
BRUSSELS (AP) — Google’s new privacy policy appears to violate the European Union’s data protection rules, France’s regulator said Tuesday, just two days before the new guidelines are set to come into force. (more)
BRUSSELS (AP) — Activists handed the European Parliament an Internet petition Tuesday bearing more than 2 million names and arguing against ratification of a proposed anti-counterfeiting treaty on the grounds it would destroy Internet freedom. (more)
Good morning. Here’s what you need to know. (more)
There’s been some excitement in the air about the fact that the Greek government and representatives of the banking sector are reportedly nearing an agreement on the terms of a deal to restructure the countries debt as part of a controlled default. (more)
DURBAN, South Africa (AP) — Back-room negotiations began in earnest Monday on a deal to rescue the only treaty governing greenhouse gas reductions and to launch talks on a broader agreement to include the world’s largest polluters: China and other emerging economies, the United States and Europe. (more)
BRUSSELS (AP) — EU foreign ministers failed Thursday to reach an agreement to impose an oil embargo against Iran — a measure that some argued would have choked off funding for Iran’s alleged program to develop nuclear weapons. (more)
BRUSSELS (AP) — The European Union wants to replace a mishmash of national laws on data protection with one bloc-wide reform, updating laws put in place long before Facebook and other social networking sites even existed. (more)
Mr Papandreou will meet Greek President Karolos Papoulias immediately after an emergency cabinet meeting has finished. (more)
BRUSSELS (AP) — The Belgian state will buy the national subsidiary of embattled bank Dexia for euro4 billion ($5.4 billion) and provide tens of billions of euros in new guarantees as part of a wider bailout of the lender, the first victim of a new squeeze in European credit markets. (more)
The genius of politics often consists in disguising obvious facts. When it comes to Greece, a few facts should be clear. (more)
So far, Barack Obama and his Republican challengers have refused even to mention the biggest issue facing America in 2012. Perhaps they’re scared. Perhaps they’re in denial. In fairness, our domestic problems are now so serious that even the most discerning members of our leadership class could be forgiven for developing a touch of intellectual tunnel vision. (more)
LONDON — European officials on Thursday sought to calm fears over a possible financial collapse in Greece, saying that short-term aid to Athens was imminent, even as the euro slumped and concern heightened that debt troubles could engulf larger economies such as Spain. (more)
Despite our own huge debt problems, President Obama wants to pledge billions of dollars (if he can get the Chinese to loan us the money) to the International Monetary Fund to help the EU bail out Greece. Instead of listening only to his Euro-elite chums, Obama would benefit from a conversation with the no-nonsense folks in Finland’s True Finn party. I recently met with some party leaders in Helsinki and learned that True Finns are causing a ruckus not just in Finland but in the entire EU for their steadfast opposition to the Greece/Spain/ Portugal/Ireland bailouts, and the party’s popularity is surging as a result. (more)






















