European Union Business News from EUbusiness.com
- EU calls on Israel to halt demolition of Palestinian housing — 06 February 2016, 18:47 CET
The European Union on Saturday called on Israel to halt the demolition
of Palestinian housing, some of which was EU-funded, and reiterated its
opposition to expanding Israeli settlements in the occupied West Bank.
- Turkey tightens visa rules for Iraqi citizens 'to fight illegal immigration' — 06 February 2016, 16:47 CET
Turkey has tightened its visa rules for Iraqi citizens as a sign of its
"determination to fight illegal immigration," the foreign ministry said
- Record 32-million-euro auction sale for 1957 Ferrari — 06 February 2016, 13:57 CET
A legendary 1950s Ferrari has fetched a world record 32 million euros
($35 million) at auction, going under the hammer in Paris.
- EU says Turkey must keep border open to Syrian refugees — 06 February 2016, 10:37 CET
Top EU officials on Saturday reminded Turkey of its international
obligations to keep its frontiers open to refugees as thousands fleeing
a new government offensive in Syria remained camped out along its
- Dutch PM to meet Davutoglu on migrant crisis — 05 February 2016, 20:27 CET
Dutch Prime Minister Mark Rutte will meet his Turkish counterpart Ahmet
Davutoglu next week seeking to firm up plans to tackle Europe's worst
migration crisis since World War II.
- UK cannot have 'Europe a la carte': EU parliament leader — 05 February 2016, 20:27 CET
Britain faces opposition from European partners over plans to reform the
EU ahead of an in/out referendum on membership,and should not expect "Europe
a la carte," the European Parliament president warned Friday.
- Under EU pressure, Portugal cuts 2016 deficit target — 05 February 2016, 20:12 CET
Portugal said on Friday it had cut its budget deficit target for 2016 to
2.2 percent of gross domestic product (GDP) from a previously announced
target of 2.6 percent.
- Denmark backs deal to keep Britain in the EU — 05 February 2016, 18:58 CET
Danish Prime Minister Lars Lokke Rasmussen on Friday lent support to his British counterpart who is seeking a deal that will keep Britain in the European Union.
- EU approves Portugal budget despite concerns — 05 February 2016, 18:06 CET
The European Commission on Friday approved Portugal's draft budget for 2016, but warned that more efforts would be needed by the socialist-led government to avoid a breach of EU rules on spending.
- Stick to path of reforms: Merkel to Portugal — 05 February 2016, 15:07 CET
German Chancellor Angela Merkel on Friday urged Portugal to stick to its
commitments on economic reforms, as concerns grow that the new
Socialist-led government was easing off on budget discipline.
- Cameron woos Polish, Danish leaders as clock ticks to avert 'Brexit' — 05 February 2016, 20:51 CET
British Prime Minister David Cameron on Friday appeared to have come a step closer to sealing a contentious EU-wide deal on reforms to prevent a "Brexit" after making headway in talks with Danish and Polish leaders.
- Cameron fights for his place in history with EU vote — 05 February 2016, 05:17 CET
Prime Minister David Cameron is playing a high-stakes game which will
decide his place in political history with negotiations aimed at
preventing Britain from leaving the EU in a looming referendum, experts
- Rise in support for 'Brexit' after EU draft deal: poll — 05 February 2016, 02:32 CET
Support for Britain leaving the European Union has risen since Prime
Minister David Cameron unveiled proposals for a deal to keep the country
in the bloc, according to a poll published on Friday.
- EU leaders not happy with 'Brexit' offer: sources — 04 February 2016, 22:57 CET
No European leaders are satisfied so far with proposals for a deal to
keep Britain in the EU, which Prime Minister David Cameron hopes to
secure at a summit this month, says sources close to the negotiations.
- Syrian cancer kid first to use new Italy humanitarian corridor — 04 February 2016, 18:57 CET
A Syrian child with eye cancer was flown into Italy for treatment
Thursday, becoming the first to benefit from a new humanitarian corridor
hoping to stop desperate refugees from attempting an often deadly
Mediterranean crossing to Europe.
- Portugal cabinet adopts budget without waiting for EU blessing — 05 February 2016, 11:31 CET
The Portuguese government on Thursday adopted its 2016 draft budget, a day before the European Commission was due to deliver its verdict on the country's progress towards more austerity.
- Controversy in Germany over plans to cap cash transactions — 04 February 2016, 17:09 CET
A proposal by German Finance Minister Wolfgang Schaeuble to introduce a ceiling for cash payments to help combat money laundering and the financing of terrorism came under fire in Germany Thursday.
- Dutch KPN gets thumbs up for EUR 1.3 bn sale of BASE — 04 February 2016, 15:10 CET
Dutch telecoms group KPN said Thursday it has been given the green light to sell Belgian mobile phone operator BASE to cable group Telenet in a 1.3 billion-euro deal.
- IMF and EU warn Portugal against 'loosening' budget effort — 04 February 2016, 15:49 CET
Portugal's former international creditors voiced concern Thursday over a "loosening" of budget discipline and urged the new Socialist-led government to do more to spur economic recovery.
- Austria seeks EU aid halt for nations rejecting failed migrants — 04 February 2016, 11:47 CET
Austria's foreign minister called on the European Union on Thursday to
stop giving aid to countries that refuse to take back nationals whose
asylum claims were rejected.
- Eurozone growth forecast cut on China, migrant risks — 05 February 2016, 16:59 CET
The EU cut Thursday its eurozone growth forecasts for this year, warning that the slowdown in China and Europe's biggest migrant crisis since World War II could chill the economy.
- Portugal bows to EU pressure to lower budget deficit — 04 February 2016, 11:03 CET
Portugal has agreed to lower its 2016 budget deficit and growth
forecasts following pressure from the European Commission, according to a government official on Wednesday.
- Hollande says opposed to 'new negotiations' over Britain's EU deal — 03 February 2016, 20:32 CET
French President Francois Hollande on Wednesday said there should be no
further changes to proposed reforms to keep Britain in the EU when the
plan is discussed at a summit in Brussels in two weeks.
- EU approves Turkey refugee fund after Italy row solved — 03 February 2016, 20:48 CET
The EU said Wednesday it had agreed on how to finance a three billion
euro deal to aid Syrian refugees in Turkey, in exchange for Ankara's help stemming the flow of migrants, after resolving a dispute with Italy.
- Germany calls EU plans to avoid Brexit 'ambitious' — 03 February 2016, 16:12 CET
Germany on Wednesday called a set of EU proposals to keep Britain from
leaving the bloc "ambitious" but said it was still reviewing the package
ahead of a crunch summit this month.