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Philips reports rise of sales, decline of net income

​Philips registered an increase of sales in the first quarter of 2015, but a decrease of EBITA and net income, the Dutch electronics giant announced on Tuesday.

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Irish lender Permanent TSB to return stock market: media

Irish lender Permanent TSB would launch a public share offering on Tuesday to raise 400 million euros (or 423 million U.S. dollars), local media reported on Monday.

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Angry Birds maker Rovio's profit dramatically shrinks in 2014

​Finnish gaming company Rovio's operating profit has dropped dramatically by 73 percent last year, said the company in its financial results for the full year of 2014 published on Thursday.

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EU committed to more non-refundable aid for Vietnam

The European Union (EU) is committed to increasing non-refundable aid for Vietnam from 300 million euros (340 million U.S. dollars) to 400 million euros during the 2014-2020 period, an EU official said here Thursday.

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Philips suffers profit, sales decline

Philips had a decline in profit and sales in the fourth quarter, as well as over the entire year of 2014 due to weak currencies and falling demand and disappointing sales in emerging markets like Russia and China, the Dutch electronics giant reported on Tuesday.

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Foreign tourists spend over 63 bln euros in Spain in 2014

Foreign tourists spent 63.094 billion euros (about 71 billion U.S. dollars) in Spain last year, Spanish Prime Minister Mariano Rajoy said on Tuesday.

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Portugal's golden visa scheme raises 101 mln euros in Nov.

​Portugal's golden visa scheme attracted 101 million euros (125 million U.S. dollars) in November, the Portuguese Confederation of Construction and Real Estate (CPCI) revealed on Thursday.

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Ireland's tax take running 1.13 bln euros ahead of target

​Ireland said on Tuesday its tax take for the first 11 months of the year is 38.16 billion euros (47.23 billion U.S. dollars), 1.13 billion euros or 3 percent ahead of target.

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EU disburses 260 mln euros to support Ukraine's economy

​The European Union (EU) on Wednesday said in a statement it disbursed 260 million euros (323 million U.S. dollars) to Ukraine with an aim to support the country financially.

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EU to provide over 30 mln euros to help redundant workers

EU to provide over 30 mln euros to help redundant workers

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Portuguese gov't to pay local councils 13,600 euros for every teacher laid off

​Portuguese city and town councils will be offered a bonus of 13,600 euros (169,660 U.S. dollars) for every teacher they can lay off, under a proposed pilot-project to decentralize education put forward by the country's Education Ministry.

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Greece invests 600,000 euros in Amphipolis archaeological exscavation in four years

Greece has invested approximately 600,000 euros (766,674 U.S. dollars) in the past four years for excavation works at the ancient city of Amphipolis in northern Greece where a spectacular Alexander the Great era tomb has been discovered this summer, the Culture Ministry said.

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Ireland announces end of austerity with tax cuts, spending increases

​Ireland on Tuesday announced the end of budgetary austerity with some tax cuts and spending increases.

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EU announces further 165 mln euros of fruit, vegetable market support

​The European Commission on Monday adopted a new program worth up to 165 million euros (209 million U.S. dollars) for perishable fruit and vegetables under the Russian ban.

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Ireland's tax revenue in first eight months hits almost 1 bn euros above target

​Ireland's tax revenue in the first eight months of the year was running nearly 1 billion euros ahead of target, according to latest exchequer figures on Tuesday.

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France's Constitutional Council okays "millionaire tax" despite rich's refusal

French Constitutional Council on Sunday approved the controversial tax on earnings over 1 million euros (1.375 million U.S. dollars) which aimed at helping to reduce the budget gap.