Spain has declared that the European Union should refrain from any type of involvement in the Falkland Islands dispute, according to the official news agency EFE. A spokesman for the Spanish Government, which currently holds the rotating six-month presidency of the EU, is quoted as saying that “this is not a European matter but a British one, a bilateral affair rather than a regional one.
Downing Street has rejected an offer from the United States to help the UK and Argentina resolve their latest dispute over the Falkland Islands. US Secretary of State Hillary Clinton made the offer after renewed tensions were triggered with the beginning of a round of exploratory oil drilling in the Islands’ waters.
The European Union top finance chief said Monday that the Euro-zone is prepared to take concerted action to support Greece, but he emphasized that Greece needs to make more of an effort to reduce its deficit.
German Chancellor Angela Merkel warned Sunday that the Euro is facing its most serious crisis since its launch a decade ago. The comment comes as European Union officials prepare to visit Athens Monday amid reports of an EU bailout whose effects could lead to further debt crises in the continent's troubled south.
UK growers of a particular type of rhubarb have hailed the decision to award it special status as fantastic news for British food. Yorkshire Forced Rhubarb, which is only grown in the 'Rhubarb Triangle' between Bradford, Wakefield and Leeds, joins products likes champagne and Parma Ham in having its name legally protected.
A Costa Cruises ship crashed into a pier early Friday as it was docking at the Red Sea port of Sharm el-Sheik, Egypt, killing three crew members and injuring several passengers. The accident occurred amid stormy windy weather across Egypt.
The United Kingdom economy grew at a greater rate than previously thought in the final three months of 2009, official figures have shown. The Office for National Statistics revised its figure for fourth quarter GDP to show 0.3% growth - up from its previous estimate of 0.1%.
Jaguar Land Rover turned in a profit of £55 million in the last three months of 2009 after a loss of £60 million in the previous quarter. The company's owner, India's Tata Motors, said the bounce back was thanks to stronger market conditions.
It added that its range of new models had helped its performance.
Greek Deputy Prime Minister Theodoros Pangalos has accused Germany of failing to compensate Greece for Nazi occupation during World War II. Mr Pangalos made the remarks during a wide-ranging BBC interview about Greece's financial difficulties.
Japan did not surpass China to become the world’s largest foreign holder of US Treasury securities in December, reported the US Treasury Department on Friday following a revision to figures released earlier this month.