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Joaquín Almunia, the EU's Competition Commissioner, has laid down an ultimatum for US search giant Google to meet competition concerns as both sides signalled a desire to avoid a repeat of tech giant Microsoft’s mammoth legal dispute with the EU executive.

One out of five young Europeans are looking for work and the unemployment figures are not likely to improve until 2016, while policymakers are not doing enough to reverse the trend, said EU youth organisations.

Shareholders should have the power to curb bosses' pay and set caps on executive bonuses, the European Union's top regulatory official said on today (16 May), adding to pressure on banks and companies over excessive management pay deals.

Almost half (48%) of the computer users in the EU admit they have acquired pirated software, according to a new report by the Business Software Alliance (BSA).

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