European Union Business News from EUbusiness.com
- Greece, troika lenders to meet in Paris in September — 29 July 2014, 00:42 CET
Greek officials will meet with the country's EU-IMF creditors in
September in Paris instead of Athens, an official close to the lenders
- Airbus cancels order for six A380s from Skymark — 29 July 2014, 00:13 CET
Airbus has cancelled an order for six A380 superjumbos from Skymark Airlines because the Japanese company is facing financial difficulties, French daily Les Echos reports.
- EU hits Putin business associates with sanctions — 29 July 2014, 00:12 CET
The EU agreed Monday to impose asset freezes and travel bans on business figures and entities closely associated with Russian President Vladimir Putin who have benefited from the Ukraine crisis, EU officials said.
- West says Russia still arming Ukraine separatists, urges sanctions — 29 July 2014, 00:04 CET
Swift new sanctions against Russia are needed to stop it from arming separatists in Ukraine and destabilising the country, the United States, Germany, France, Britain and Italy agreed on Monday.
- Greece's next troika audit to be held in Paris: reports — 29 July 2014, 00:03 CET
Greece's next scheduled audit by its EU-IMF creditors will be held in
Paris instead of Athens, Greek media reported on Monday.
- Spain, Italy borrowing costs fall to record lows — 29 July 2014, 00:04 CET
Interest on Spanish and Italian debt fell to record low on Monday while Portugal's continued to drop as investor concerns about the eurozone's former laggards eased.
- Major Western nations urge more pressure for Gaza ceasefire — 28 July 2014, 19:27 CET
The United States and major EU nations called Monday for more pressure
to get a ceasefire between Hamas and Israel, the French presidency said,
as a conflict that has killed more than 1,000 Palestinians rages on.
- Major Western nations urge more pressure for Gaza ceasfire — 28 July 2014, 18:57 CET
The United States and major EU nations called Monday for more pressure to get a ceasefire between Hamas and Israel, the French presidency said, as a conflict that has killed more than 1,000 Palestinians rages on.
- Russia could block EU fruit imports, US chickens: reports — 28 July 2014, 18:58 CET
Russia could soon block some fruit imports from the EU and chickens from the United States, reports said Monday, as Brussels considered slapping tighter sanctions on Moscow over the Ukraine crisis.
- US, major EU states urge 'new measures' against Russia: France — 28 July 2014, 18:57 CET
The leaders of the United States, Germany, France, Britain and Italy agreed Monday on the need to impose new sanctions on Russia over its presumed role in Ukraine's insurgency, the French presidency said.
- Greek privatisation fund changes hands again: officials — 28 July 2014, 18:47 CET
Greece's state privatisation fund is to be overhauled for the fifth time in two years, the finance ministry said on Monday, as it announced plans to seek new management.
- Russia bans import of processed Ukrainian fruit and vegetables — 28 July 2014, 16:27 CET
Russia on Monday slapped a ban on the import of processed fruit and vegetables from Ukraine in the latest of a series of trade restrictions as Kiev deepens ties with the European Union.
- EU clears Apple's $3 bn Beats deal — 28 July 2014, 16:28 CET
The European Commission said Monday it has cleared Apple's $3 billion (2.2 billion euros) acquisition of US headphone maker and music streaming business Beats.
- Lawsuit in Germany challenges EU's 'banking union' — 28 July 2014, 14:57 CET
Economists in Germany have mounted a legal challenge aimed at derailing
a new set of EU financial sector rules known as the banking union, a
federal court said Monday.
- Putin defiant in face of new EU arms sanctions — 28 July 2014, 14:52 CET
President Vladimir Putin on Monday urged Russia's defence industry to swiftly cut imports as the EU looks set to impose a ban on the sale of weapons and technology over Ukraine.
- EU readies sanctions against close Putin associates: sources — 28 July 2014, 12:32 CET
The EU was readying a fresh list of sanctions on Monday, sources said,
to hit close associates of Russian President Vladimir Putin deemed to
have profited from Moscow's annexation of Crimea and intervention in
- Clock ticks on Lithuania 2015 euro move as others eye security — 28 July 2014, 16:28 CET
Lithuania won the EU's final green light this week to join the eurozone in 2015, completing a Baltic embrace of Europe's checkered single currency as security concerns over Russia nudge other reluctant eastern candidates towards adoption.
- Russia says new EU sanctions risk ending security cooperation — 26 July 2014, 12:47 CET
Russia said Saturday that new European Union sanctions targeting Russian
intelligence chiefs over its role in Ukraine risked ending all joint
cooperation on security.
- EU targets Russian intelligence chiefs, readies tougher sanctions — 27 July 2014, 10:24 CET
Spurred into action by the shooting down of Malaysia Airlines flight MH17, the EU put Russia's intelligence chiefs on its sanctions list Saturday as it readied much harsher measures against Moscow over the Ukraine crisis.
- Lenders up pressure on Cyprus to call in bad loans — 25 July 2014, 17:38 CET
International lenders put new pressure on Cyprus politicians Friday to agree delayed legislation on foreclosure procedures for bad loans in the latest review of compliance over a multi-billion debt bailout.
- EU calls for speedy probe into shelling of Gaza UN school — 25 July 2014, 17:37 CET
The European Union called Friday for an "immediate" investigation after
15 Palestinians were killed when an Israeli shell slammed into a UN-run
shelter in Gaza.
- EU working 'swiftly' on tougher Russia Ukraine sanctions — 26 July 2014, 10:47 CET
The European Union is making swift progress on adopting much tougher economic sector sanctions against Russia for its role in the Ukraine crisis, officials said on Friday.
- German business 'would back Russia sanctions 100%': report — 25 July 2014, 17:38 CET
German industry would support "100 per cent" tougher sanctions against Russia over the Ukraine crisis, the chairman of a major business lobby, the Committee on Eastern European Economic Relations, said Friday.
- EU rejects Swiss request for freedom of movement talks: source — 25 July 2014, 17:36 CET
The EU on Thursday formally rejected Switzerland's request to
renegotiate their freedom of movement accord so as to take into account a Swiss vote earlier this year to limit immigration, EU sources said.
- EU adds 15 names, 18 entities to Ukraine sanctions list: source — 24 July 2014, 23:16 CET
The European Union will add to its sanctions list 15 Ukrainian and Russian individuals and 18 entities over their role in the Ukraine crisis, an EU source said on Thursday.