Commentary / World Sep 23, 2007

Greater mobility for smaller wage gaps

by Philippe Maystadt

PRAGUE — From its earliest days, the European Union has aimed for balanced economic development across its regions. The Maastricht Treaty contains the striking phrase "overall harmonious development." But however admirable this sentiment may be, there is no "scientific truth" about the "right" level ...

Business Sep 21, 2007

EU fines YKK and other zipper makers

The European Commission said Wednesday it has fined seven companies, including Japan's YKK group, a total of 328.6 million euro (about ¥53 billion) for price-fixing cartels in markets for fasteners and their attaching machines in Europe and around the world. The executive body of the ...