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A French court issues the French subsidiary of the Dutch multinational conglomerate IKEA a €1 million (US$1.2 million) fine for conducting illegal employee monitoring activities on its employees and applicants between 2009 and 2012. Its former chief executive officer is also given a two-year prison sentence.
2021-06-15

The Federal Government of Germany officially recognizes the country's perpetration of the Herero and Namaqua genocide during its colonial rule of Namibia. German foreign minister Heiko Maas pledges reparations worth €1.1 billion (US$1.34 billion) for the descendants of the Herero and Nama people to be paid within 30 years.
2021-05-28

GlaxoSmithKline and the German biotech firm CureVac sign an agreement worth 150 million euros ($180.7 million) to develop a vaccine to counter many variants of SARS-CoV-2. The vaccine, which is subject to regulatory approval, is expected to be introduced in 2022.
2021-02-3

Canadian convenience store chain Alimentation Couche-Tard withdraws its bid to take over the French retailer Carrefour, after the French government expressed its intent to veto the €16 billion (US$19.5 billion) deal.
2021-01-15

Polish Prime Minister Mateusz Morawiecki proposes a €1 billion (US$1.2 billion) stabilization fund by the European Central Bank to revitalize the Belarusian economy amid the protests.
2020-09-17

Polish Prime Minister Mateusz Morawiecki proposes a €1 billion (US$1.2 billion) stabilization fund by the European Central Bank to revitalize the Belarusian economy amid the protests. [https:--www.france24.com-en-20200917-poland-proposes-billion-euro-eu-fund-for-belarus (AFP via France 24)]Belarus–European Union relations
2020-09-17

The EU meeting on a post-coronavirus recovery fund enters deadlock on its fourth day. Complicating matters, the group is also negotiating a deal for the bloc's next long-term budget. Today's early talks over a proposed €750bn ($857bn - £680bn) recovery package have reportedly been testy. Resumption is scheduled for 14:00 GMT.
2020-07-20

Iran's central bank officially switches from using the U.S. dollar to the euro in its international transactions.
2018-04-18

An Italian court orders former Prime Minister Silvio Berlusconi to stand trial on April 4 on charges of allegedly bribing witnesses with €10 million (US$11 million) in order to silence them over accusations he paid for sex with young women.
2017-01-28

The Central Bank of Russia announces it will start buying the Chinese yuan in an attempt to diversify its foreign-currency reserves away from the Euro and the U.S. dollar and to become less vulnerable to Western sanctions.
2016-07-5