Fiat gets approval to acquire Chrysler
The European Commission has given its approval to Fiat to acquire Chrysler.
EU said in a statement that they are confident that the deal would not hurt competition in the European markets.
European Commission added in a statement: “The Commission’s examination of the transaction showed that the horizontal overlaps between the [...]

Slovakia adopts Euro as its currency
Slovakia has become the latest European nation to adopt Euro as its currency.
The country is hoping that adopting this currency would help it recover from the current economic crisis.
Slovakia would however be the poorest country to be in the Euro club. Its gross domestic product per capita is just 71 [...]

Microsoft now appealing the $1.39 billion fine imposed by European Commission
US based software giant Microsoft has revealed that they are now appealing the historic $1.39 billion fine imposed on them by the European Commission.
This fine was imposed on the company for failure to comply with a 2004 antitrust order.
Microsoft Spokesman Jack Evans added in a [...]