ICANN Approves .EU Top-Level Domain

Nearly three years after the project was first announced, the Internet Corporation for Assigned Names and Numbers (ICANN) has approved the new top-level domain suffix .eu. ICANN has appointed Eurid to manage the domain, which will be available to the public starting in early 2006.
Eurid says it is "busy writing the full registration policy and procedures" that will be taken to the European Commission for approval. The .eu domain was expected to launch in 2003, but delays plagued its arrival. ICANN and Eurid have been in discussions about final approval since October of last year.