European Union Business News from EUbusiness.com
- Juncker's new Commission takes office — 01 November 2014, 11:05 CET
The new European Commission led by EU veteran Jean-Claude Juncker formally took office Saturday, promising to "get down to work" as Europe faces a host of political and economic challenges.
- With focus on eurosceptics, Cameron risks 'Brexit' — 01 November 2014, 06:37 CET
British Prime Minister David Cameron is increasingly hawkish on Europe
ahead of a key election battle but his policies seem rudderless and
could make an EU exit more likely, analysts said.
- EU hauls up Spain over Morocco migrant treatment — 31 October 2014, 18:47 CET
The European Union on Friday expressed concern about Madrid's treatment
of migrants crossing to Spain's north African territory of Melilla and
demanded an explanation after a video showed abuse by border guards.
- Norway fronts up to Hungary in 'political' aid row — 31 October 2014, 18:42 CET
Oil-rich Norway vowed Friday to continue backing Hungarian NGOs despite complaints from Budapest that it was funding the country's opposition.
- EU's new Mediterranean migrant rescue mission starts Saturday — 31 October 2014, 18:56 CET
The EU will launch a new search and rescue mission for migrants in the Mediterranean on Saturday, the European Commission said, after Italy confirmed it would end its "Mare Nostrum" operation.
- Italy ignores pleas, ends boat migrant rescue operation — 31 October 2014, 18:53 CET
Italy on Friday ignored the pleas of aid agencies and confirmed the end of its search and rescue operation "Mare Nostrum", responsible for saving tens of thousands of boat migrants stranded in the Mediterranean.
- Mediterranean rescues 'not pull-factor' for migrants — 31 October 2014, 15:42 CET
The International Organization for Migration rejected Friday allegations
that an Italian operation to rescue migrants in the Mediterranean had
inspired a surge in the numbers attempting the perilous journey to
- Finnair blames euro for weak Q3 results, looks to Asia — 31 October 2014, 16:53 CET
Finnish airline Finnair blamed the strength of the euro against Asian
currencies for a fall in quarterly net profit and sales, in results on
- EU says Burkina Faso people must decide own future — 31 October 2014, 16:52 CET
The EU called Friday for the people of Burkina Faso to have the final say in who governs the west African country, as President Blaise Compaore stepped down after mass protests.
- Cyprus court ruling opens way for bailout funds — 01 November 2014, 11:11 CET
The Cypriot supreme court ruled as unconstitutional Friday four bills on bank foreclosures whose passage by parliament prompted international lenders to halt payments on the country's 10-billion-euro
- Italy's foreign minister resigns to take up EU post — 31 October 2014, 13:31 CET
Italy's Foreign Minister Federica Mogherini stepped down on Friday, a day before she is set to take on the role of European foreign policy chief in Brussels.
- Jobs, Ukraine, Brexit among tasks for new EU Commission — 01 November 2014, 11:03 CET
The new European Commission has a challenging agenda -- launch a 300-billion-euro investment plan, defuse tensions with Russia, conclude a huge US trade deal and keep Britain in the EU.
- Growth, jobs top new European Commission agenda — 31 October 2014, 11:53 CET
Boosting growth, cutting near-record jobless queues and making member states stick to tough budget rules are just some of the tasks the new European Commission must quickly get to grips with.
- Eurozone inflation up, unemployment steady — 01 November 2014, 11:11 CET
Eurozone inflation edged up to 0.4 per cent from multi-year lows while unemployment was little changed, official data showed Friday, providing only limited reassurance that a modest economic recovery remains on track.
- Juncker's new Commission takes office — 31 October 2014, 11:36 CET
The new European Commission formally takes office Saturday under Jean-Claude Juncker, whose skills at getting things done in the labyrinthine corridors of power in Brussels face their biggest challenge yet.
- ECB dons new hat as eurozone banking supervisor — 01 November 2014, 11:07 CET
The European Central Bank takes over as Europe's banking watchdog on Tuesday in a historic shake-up of the financial system aimed at preventing a repeat of the crisis that nearly led to the collapse of the euro.
- EU will 'play its role' to support Ukraine-Russia gas deal — 31 October 2014, 11:15 CET
The European Union will "fully play its role" to implement the gas deal signed by Ukraine and Russia on Thursday, the French and German leaders said in a joint statement.
- Ukraine, Russia, EU agree gas supply deal: EU source — 30 October 2014, 22:02 CET
Russia agreed to resume gas deliveries to Ukraine through the winter in
an EU-brokered deal reached by the three parties in Brussels on
Thursday, an EU source said.
- EU calls for end to Burkina Faso violence, urges dialogue — 30 October 2014, 20:13 CET
The European Union called for an end Thursday to violence in Burkina
Faso and urged a "constructive dialogue" after protestors set parliament
ablaze in an uprising against long-standing President Blaise Compaore.
- EU vows 'thorough probe' of bribery claims in Kosovo mission — 31 October 2014, 11:48 CET
The head of the European Union's justice mission in Kosovo on Thursday said he took "very seriously" allegations that some top officials had taken bribes to drop criminal cases and vowed a thorough investigation.
- IMF cautions Greece on early withdrawal from program — 30 October 2014, 20:29 CET
The IMF said Thursday that Greece is not ready to rely solely on commercial markets for financing, after Prime Minister Antonis Samaras said the country might exit its bailout early.
- EU resumes financial aid to Zimbabwe — 31 October 2014, 11:31 CET
The European Union will resume development and finance cooperation with Zimbabwe this weekend when part of the sanctions imposed on President Robert Mugabe's government over rights abuses expire.
- North Korea threatens to halt cooperation on human rights — 30 October 2014, 14:09 CET
North Korea warned Thursday it would stop engaging with the international community on human rights issues if a resolution is presented to the United Nations requesting Pyongyang be referred to the International Criminal Court for possible prosecution.
- EU extends Belarus sanctions for a year — 31 October 2014, 11:23 CET
The European Union on Thursday extended sanctions against Belarus for an additional year, saying Minsk had not made enough progress on human rights to justify any other course.
- Ukraine to ask EU, US for help paying for Russian gas — 30 October 2014, 20:31 CET
Ukraine's prime minister said Thursday he would ask the United States and Germany for help paying Kiev's gas debt to Moscow so that Russia could resume supplies.