Europe

Euro inflation drops, again, to 3.6 per cent in September

Euro inflation drops, again, to 3.6 per cent in SeptemberBrussels - Inflation in the 15-member euro area fell to 3.6 per cent in
September, dropping for the second month in a row, according to
Eurostat's preliminary estimates Tuesday.

The European Statistical Institute does not offer a detailed breakdown
of the inflation figure in its flash estimates, which have been shown
to be reliable despite being based on early price information.

Euro area inflation had fallen to 3.8 per cent in August, thanks in part to an easing off of food and oil prices.

Council of Europe dispute over restrictions on Russian deputies

Strasbourg  - Ahead of a Council of Europe debate over the Russian-Georgia conflict, a dispute emerted Monday between factions over whether to restrict the Russian deputies' participation.

A number of leftist and liberal deputies argued for punitive action against Russian deputies, but pro-Russian sentiment also appeared to be materializing in the assembly.

A key issue in the dispute concerns the commitment expressed by both Russia and Georgia, when they gained membership in the 47-member body, to settle their conflicts by peaceful means.

Speaking against the Russians, Britain's Labour deputy Denis MacShane said that Russia had destroyed Georgia's territorial integrity.

No opposition member elected in Belarus, officials say

BelarusMinsk/Moscow - No opposition member won a seat in Belarus parliamentary elections, the country's election commission said Monday.

The opposition had expressed fears earlier that the polls would be fixed by the Belarusian leadership.

According to the Russian Itar-Tass news agency, 100 of 110 districts were counted. Turnout was at 75.3 per cent to vote for the 263 candidates competing for the 110 seats in the Belarus parliament.

Europe All Set To Welcome The Latest Samsung Armani Night Effect Phone

It has been quite sometime, since two giants, Samsung and Armani have been Europe All Set To Welcome The Latest Samsung Armani Night Effect Phoneworking together to create unique gadgets. Earlier they worked together to create an LCD TV and a mobile phone. And recently, the two informed about their joint venture, under which they have created the M75500 mobile phone, also called the Night Effect. 

This handset holds a very slim candy bar like appearance and is engraved with Emporio Armani’s name with blue, red and green enlightening light to attract everybody’s attention at night. 

EADS pleads fresh delay with A400M military transport

EADS pleads fresh delay with A400M military transport Munich - The maiden flight of the much-delayed European military transport plane A400M is being postponed because the engines are still not ready, manufacturer EADS said Thursday from its German offices in Munich.

The propellor plane is intended as Europe's answer to the Lockheed C-130 Hercules, but the project at planemaker Airbus has dragged. A prototype has ceremonially rolled out of the hangar but has never flown.

EU officials urge fiscal discipline in Slovakia after euro adoption

Bratislava - European officials Monday warned that Slovakia could face a spike in prices after adopting euro in January and urged the ex-communist country to keep reforming its public finances.

"For the euro to remain a success story in Slovakia, the national authorities will need to be very alert and pursue ambitious economic policies on all fronts," said European Central Bank President Jean-Claude Trichet in Bratislava.

He said that Slovakia as "a catching-up economy, is likely to face inflationary pressures that could derail the economy from a sustainable convergence path after euro adoption."

Pages