European Union Business News from EUbusiness.com
- EU banking supervisor calls for quick solution on Greece — 31 March 2015, 17:52 CET
The head of Europe's banking supervisory authority, Daniele Nouy, called
Tuesday for a rapid solution to Greece's debt problems in order to
reduce the uncertainty for the banking sector.
- Moscovici: Portugal economy sees progress but must continue reforms — 31 March 2015, 17:28 CET
Portugal's "extraordinary efforts" towards structural reforms have paid
off but more needs to be done to get the economy back on track, European
Union Economic Affairs Commissioner Pierre Moscovici said.
- Greek bailout deal possible by end April: EU — 31 March 2015, 17:24 CET
A deal on Greece's bailout is possible before the end of April, EU
Council President Donald Tusk said Tuesday as Athens continued tough talks with its creditors on a disputed list of reforms.
- Syria aid pledges top $2 billion as donors meet — 31 March 2015, 17:28 CET
The European Union and other donors pledged more than $2 billion on
Tuesday to help alleviate war-torn Syria's humanitarian crisis, which Kuwait's emir called the worst in "modern history".
- Eurozone deflation eases, unemployment drops — 31 March 2015, 17:29 CET
Deflation in the eurozone eased in March, official data showed Tuesday,
reducing concerns that the European economy faces a dangerous spiral after four straight months of falling consumer prices.
- German farmers not cowed by end of EU milk quotas — 31 March 2015, 10:19 CET
Fresh from a massage, the cows turn slowly on a computerised "milking
carousel" -- everything is ready at the Heideland farm south of Berlin
to ramp up production once European milk quotas end on Wednesday.
- Lisbon, Luxembourg rank Europe's worst for pollution fight: study — 31 March 2015, 00:27 CET
Lisbon and Luxembourg rank last in a test of how hard European cities
are fighting air pollution, while Zurich and Copenhagen come top, an environmental group said Tuesday.
- Bulgaria assails Greek law fighting tax avoidance — 30 March 2015, 20:43 CET
Bulgaria complained Monday to the European Commission about a new Greek law battling corporate tax avoidance that Sofia warns could undermine trade between the two Balkan neighbours.
- EU, Montenegro broaden membership talks despite expansion freeze — 30 March 2015, 16:53 CET
The European Union announced Monday it was broadening its negotiations with Montenegro on future EU membership even though the 28-nation bloc has frozen expansion over the next five years.
- EU warns Greek reform list 'not there yet' — 30 March 2015, 20:40 CET
The EU warned Monday that Greece and its creditors had yet to hammer out a new list of reforms despite talks lasting all weekend aimed at staving off bankruptcy and a euro exit.
- Sri Lanka minister warns Tamil Tiger rebels could regroup — 30 March 2015, 20:43 CET
Sri Lanka's new government warned Monday that defeated Tamil Tiger
rebels could regroup and orchestrate another conflict, six years after
their defeat in the island's separatist war.
- Blame game only helps Europe's enemies says Varoufakis — 30 March 2015, 10:49 CET
Finger-pointing between Germany and Greece will only play into the hands of Europe's enemies, Greek Finance Minister Yanis Varoufakis said on Monday, pleading for the two countries to bury the hatchet.
- Macedonian political crisis hampers EU membership bid — 30 March 2015, 06:22 CET
Bitter exchanges between Macedonia's government and the opposition,
including wiretapping and claims of million-euro bribes, have pushed the
Balkan state into a deep crisis that could further hamper its already
stalled bid for EU membership.
- Global powers, Iran to hold full session Monday: Tehran — 29 March 2015, 21:57 CET
World powers seeking to pin down a nuclear deal with Iran will hold
their first full session of these negotiations on Monday, a senior
Iranian official said.
- Full meeting on Iran talks being rescheduled: US — 29 March 2015, 16:17 CET
World powers seeking to pin down a nuclear deal with Iran Sunday were
rescheduling their first full meeting with the Iranian delegation, US
- Anticipation and angst as Europe ends milk quotas — 30 March 2015, 16:53 CET
European dairy farmers face the end of three decades of milk quotas on Wednesday with a mixture of anticipation and angst as it will allow them to serve growing demand in emerging markets, but could also cause a crash in prices.
- EU-Ukraine summit to take place on April 27 — 29 March 2015, 13:29 CET
A summit between top European Union officials and Ukraine's leaders will take place in Kiev at the end of April, Ukraine President Petro
Poroshenko announced on Saturday.
- EU's top diplomat due at Iran talks Saturday — 28 March 2015, 16:41 CET
EU foreign policy chief Federica Mogherini is expected in the Swiss city
of Lausanne on Saturday to take part in tough negotiations on Iran's
contested nuclear programme, her office said.
- Fitch cuts Greece's rating amid default worries — 27 March 2015, 23:27 CET
Ratings firm Fitch cut Greece's credit rating Friday amid worries that
the eurozone country is running perilously close to defaulting on its
- Mogherini to attend Iran talks on Sunday: diplomatic source — 27 March 2015, 18:49 CET
The EU's foreign policy chief Federica Mogherini will join the Iran
nuclear talks in Switzerland this weekend, a European diplomatic source
said on Friday, two days before a key deadline.
- Italian olive tree disease stumps EU — 27 March 2015, 18:30 CET
EU Member States are divided on how to stop the spread of a disease
affecting olive trees in Italy that could result in around a million
being cut down, officials said on Friday.
- Greek reforms will put economy on track: Athens — 27 March 2015, 18:48 CET
Greece said Friday the reform proposals it will soon present to its
creditors will put the country's economy on track without the pain of austerity.
- Hamas denounces EU decision to keep it on terror list — 27 March 2015, 16:42 CET
Hamas on Friday denounced a European Union decision to keep the
Palestinian Islamist group and de facto Gaza Strip ruler on its
terrorism blacklist, despite a court ordering its removal.
- EU considers two-person cockpit rule after Alps crash — 30 March 2015, 20:40 CET
The EU said Friday it is studying whether to make airlines keep two crew
members in the cockpit at all times after the Alps crash in which a Germanwings co-pilot flew his Airbus into a mountain.
- EU keeps Hamas on terror list despite court ruling — 30 March 2015, 20:40 CET
The European Union kept Hamas on its terrorism blacklist Friday despite
a controversial court decision ordering Brussels to remove the
Palestinian Islamist group from the register.