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Added on the 08/01/2015 13:50:04 - Copyright : Euronews EN
The EU has hit Apple with a 1.8-billion-euro fine ($1.9 billion) for violating the bloc's laws by preventing music streaming services from informing users about subscription options outside of its App Store. "Apple did so by restricting app developers' ability to inform users of Apple devices about alternative cheaper options to purchase music available on the internet outside of the Apple ecosystem," commission vice-president Margrethe Vestager says in a statement. SOUNDBITE
Group photo of European Central Bank Chief Christine Lagarde, Croatian prime Minister Andrej Plenkovic, EU Council President Charles Michel, EU Commission President Ursula von der Leyen and Eurogroup President Paschal Donohoe as Croatia joins the Euro. IMAGES
A Moscow court throws out jailed Kremlin critic Alexei Navalny's appeal against a nine-year prison sentence that he and his allies condemn as politically motivated. Moscow City Court ruled to "leave the sentence without changes" and for it to enter into force immediately, meaning that Navalny will be transferred to a strict regime prison colony to serve out his term, after he was found guilty in March of embezzlement and contempt of court. IMAGES
Eurozone inflation is likely to stay higher for longer than expected but is still set to come down later this year, European Central Bank chief Christine Lagarde says. SOUNDBITE
The Eurozone is recovering "strongly" from the impact of the coronavirus pandemic but the pace of growth is "moderated" by shortages, ECB President Christine Lagarde says in a press conference. SOUNDBITE
European Central Bank president Christine Lagarde says interest rates will stay at their current record low levels until it sees inflation "durably" reaching the bank's new target of two percent. IMAGES
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