Europe

Asia helps to power VW, Audi sales

Berlin/Beijing  - Europe's biggest carmaker Volkswagen AG said Tuesday that sales in China raced ahead by 23 per cent during the first six months of the year.

EU starts proceedings against Britain over deficit

Brussels  - The European Commission has launched disciplinary proceedings against Britain because its budget deficit is too large, diplomats said Tuesday.

Germany welcomes new Serbian government as pro-EU

Berlin  - Germany Tuesday welcomed the formation of a Serbian government pledged to closer ties with the European Union, but called on the new government in Belgrade to cooperate fully with the int

German output slumps, signalling end of upswing

Berlin - German industrial production fell sharply in May, data released Monday showed, signalling that the upswing in Europe's biggest economy could be coming to an end.

The Ministry of Economics and Technology said output slipped by a price-and-seasonally adjusted 2.4 per cent in May after falling by 0.2 per cent in April. Production dropped by a downwardly revised 0.8 per cent in March.

Adding to evidence that the German economy could be heading for a slowdown as the year unfolds, data released last week showed German factory orders falling for the sixth consequence month in May.

EU looks to "master" migration

Cannes, France- Europe should take complete control of migration into and out of the continent, working with the rest of the world to end illegal migration and manage legal flows, EU justice ministers said Monday at the opening of an informal meeting.
"We are not turning Europe into a bunker, but we are steering migrant flows in the world," German Interior Minister Wolfgang Schaeuble said ahead of talks with EU counterparts in the southern French beach resort of Cannes.
"We cannot leave all these questions of migrant flows in disorder, we have to organize (them)," EU Justice Commissioner Jacques Barrot said.

Leave Russia alone, energy expert says

Paris - Europe is playing an ineffectual double game with Russia and must cease if it wants to better diversify its energy sources, the former head of the International Energy Agency (IEA), Claude

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