Tag: Europe

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Spanish hotel, built in national park, symbol to many of what's wrong with the country

To environmentalists, the Hotel Algarrobico represents the worst example of Spain's failures to enforce its environmental laws: built right along the coast and in a national park. But to local residents, it's more economic opportunity lost. It could provide hundreds of jobs, but right now it's sitting empty....
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French Prime Minister announces France will legalize gay marriage by 2013

French Prime Minister Jean-Marc Ayrault confirmed that France will legalize marriage and adoption for gay couples by 2013, following through on an election promise made by President Francois Hollande....
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In Chile, foreign children's books, translated, open worlds for kids

Chile's children's book industry isn't known for light-hearted, fun reads. It's about morality-building and lesson-teaching. So a Dane, who lived in Chile for a time, decided to change that. She's organized a library that receives foreign-language books and then translates them into Spanish....
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Former Spanish beauty queen sells painting at auction, fetches one of highest prices

A British painting by John Constable was sold at auction for $35 million. That's one of the highest prices ever for a Brit painting. The funds will go to a Spanish beauty queen who says she's asset-rich, but cash-poor....
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U.S. legislation complicating Americans' use of foreign banks abroad

Swiss banks, and other overseas financial institutions are finding that it's become easier just to not take American customers, rather than try to comply with U.S. banking regulations....
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Physicists anxiously await 'God particle' announcement from CERN

Scientists at the Large Hadron Collider in Switzerland are scheduled to make an announcement Wednesday about the elusive "God particle." Researchers at the facility have spent billions of dollars trying to locate the theoretical particle that forms the basis of modern physics....
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American craft beer finds burgeoning market in Europe

American beer has long been derided in Europe as light, low-flavor and mass-produced. But the ascendancy of craft beer here is opening some minds, and some mouths, in Europe....
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Greek-American chef finds opportunity in Greece financial meltdown

In 2009, Ari Vezene opened his own a restaurant in Athens. His experience in the restaurant industry has taught him many lessons about the Greek financial crisis and how it came to be. ...
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Sweden imports waste from European neighbors to fuel waste-to-energy program

Sweden's successful waste-to-energy program converts household waste into energy for heating and electricity. But they've run into an unusual problem: they simply aren't generating enough trash to power the incinerators, so they've begun importing waste from European neighbors....
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Spanish community banks, cajas, took many risks, lacked oversight

As Spain wrestles with its economic troubles, attention is focusing on the community banks, the cajas, that for a long-time were the lifeline of communities, making small loans to businesses and individuals. But somewhere along the way, those banks got into trouble and are now as much of a threat to Spain's economy as their larger cousins....
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