Vienna  - European Central Bank Jean-Claude Trichet indicated Monday that the ECB was in no rush to cut rates and that fighting inflation remained its top priority.

Paris  - The European Union's Transport Commissioner Jacques Barrot has called the planned Galileo satellite navigation system "a tool of sovereignty for Europe," a French newspaper reported Sunday

Moscow  - A second satellite planned for us

LG has made announcement about the official launch of its most versatile mobile phone, named ‘

Brussels  -  European Union states should improve their strategic oil reserves policy amid concerns over soaring energy prices, the European Commission said Tuesday.