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Ferrets and sled dogs get EU pet passport boost

Ferret, dog and cat owners got a boost from the European Union on Monday when it said it was broadening its pet passport scheme for animals that are taking part in competitions or sporting events. The current limit of five pets that a person is allowed to bring across EU borders will be relaxed -- so long as the owner can show that the animals are travelling for work and not for play.

EU states face showdown over markets overhaul

By Huw Jones LONDON (Reuters) - EU officials are pressing Britain, Germany and France to agree a compromise over trading rules intended to plug gaps exposed by the credit crunch in the $630 trillion market for derivatives and other specialized products. Such financial products have largely been traded off-exchange in bargains between individual banks, which means a lack of visibility to regulators of where risks could be accumulating.

A tale of two firms: EU entry shakes up Croatia's economy

On July 1st Croatia becomes the European Union's 28th member, a seminal moment for this former Yugoslav republic that waged a bloody four-year war against Serbs after defiantly declaring independence in 1991. But for Croatian businesses, the implications of joining the EU depend greatly on where you stand: state-run companies are fretting over looming losses of thousands of jobs, while small entrepeneurs are hopeful for opportunities.

EU sticks by Turkey membership bid despite unrest

The European Union stuck by Turkey's bid to join the bloc despite a week of violent unrest that has raised concerns about rights abuses by police, the EU's top official on the issue said Friday. "Let me... call on Turkey not to give up on its values of freedom and fundamental rights. And let me assure you that we, on our side, have no intention to give up on Turkey´s EU accession," Stefan Fule, commissioner for EU enlargement, told Erdogan in a televised gathering. rlp/ric

China media warns of more action in EU trade row

Chinese state media Thursday welcomed Beijing's probe into wines from the European Union, warning of further action as the trade dispute intensified. Fears of an EU-China trade war mounted after the Ministry of Commerce on Wednesday said it would investigate the alleged dumping of European wines "in a strict way". The announcement came hours after Brussels imposed an 11.8-percent tariff on Chinese solar panels despite German-led opposition. The tax will rise to 47.6 percent in two months' time if there is no resolution of the dispute.

Latvia gets EU green light to adopt euro currency

By Aija Braslina RIGA (Reuters) - Latvia got the go-ahead on Wednesday to adopt the euro from 2014, crowning its emergence from an economic crisis and signaling to investors that the euro zone is set to expand rather than disintegrate. The small Baltic state will become the 18th European Union country to use the single currency from the start of next year after EU finance ministers formally endorse the European Commission's positive recommendation at a meeting on July 9.

EU to impose levies on China later Tuesday: EU source

The European Commission was to bring forward to Tuesday its decision to impose anti-dumping levies on Chinese solar panel imports despite opposition from Germany and other European Union members fearful of a trade war. Despite the fears in Berlin and 17 other EU nations, EU Trade Commissioner Karel De Gucht was to announce 24 hours earlier than previously expected the Commission's decision to go ahead with provisional tariffs on the Chinese goods.

EU potential for social unrest is world's highest: ILO

By Robert Evans GENEVA (Reuters) - The potential for social unrest in European Union countries is higher than anywhere else in the world and the already yawning gaps between rich and poor, a major trigger, are likely to widen globally, the International Labour Organisation said on Monday. In its annual World of Work Report, the ILO said social unrest - strikes, work stoppages, street protests and demonstrations - had increased in most countries since the economic and financial crisis that began in 2008.

EU exit would put Britain on par with Norway-UK minister

By Andrew Osborn LONDON (Reuters) - Prime Minister David Cameron's promise of a referendum on his country's membership of the European Union is a "huge distraction" that risks reducing Britain's influence in the bloc to that of Norway, a government minister has warned.

Acne pill benefits outweigh blood clot risk: EU body

An EU medicines watchdog on Thursday endorsed the safety of acne drug Diane-35, also widely used as a contraceptive, despite protests from France, which has suspended its use. The CMDh, which groups EU drug agencies, agreed with a ruling by the European Medicines Agency (EMA) two weeks ago that the benefits of Diane-35 outweighed the risks of developing blood clots. The CMDh decision, by 26 votes to France's one, agreed with an EMA proposal that the drug should be prescribed solely for acne treatment, as also indicated by its German manufacturer, Bayer.
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