European Union Business News from EUbusiness.com
- British PM warns Catalonia against secession — 04 September 2015, 21:19 CET
British Prime Minister David Cameron warned Friday that if Catalonia breaks away from Spain it will be at the "back of the queue" to get back in the European Union.
- EU loses 168 bn euros in sales tax fraud, errors — 04 September 2015, 19:04 CET
EU countries lost 168 billion euros ($187 billion) in sales-tax revenue in 2013 mostly due to fraud and errors, the European Commission said on Thursday.
- Europe asylum laws face scrutiny in migrant crisis — 04 September 2015, 19:02 CET
Europe is facing its biggest refugee crisis since World War II, but the response by the 28-member European Union is hamstrung by a web of complicated rules governing asylum seekers.
- G20 grapples with Europe's migrant crisis — 04 September 2015, 19:08 CET
Finance ministers and central bank chiefs from the world's top 20 economies discussed the unprecedented migrant arrivals to the European Union as the G20 began to grapple with the crisis for the first time, a Turkish minister said Friday.
- UKIP's Farage invites leftist Corbyn on anti-EU campaign — 04 September 2015, 17:22 CET
British anti-EU leader Nigel Farage on Friday said he wanted leftist
Jeremy Corbyn to be the next leader of the Labour Party and invited him
to join his campaign for Britain to leave the European Union.
- Germany wants tougher EU asylum rules for west Balkans nationals — 04 September 2015, 13:07 CET
Germany is calling on the European Union to tighten asylum rules for
western Balkans nationals by designating the states of the region "safe
countries of origin", a government spokesman said Friday.
- Migrant crisis is 'moment of truth' in EU history: Timmermans — 04 September 2015, 13:07 CET
Europe is facing a historic "moment of truth" over the huge influx of
refugees and migrants arriving in EU countries, the European
Commission's vice-president Frans Timmermans said Thursday.
- British, Spanish PM urge 'real' reform of eurozone — 04 September 2015, 11:32 CET
The prime ministers of Britain and Spain called for a "real reform of
the eurozone" that makes growth and free trade a priority, in a joint
newspaper column published Friday ahead of their talks in Madrid.
- UN calls for up to 200,000 refugees to be shared among EU states — 04 September 2015, 11:30 CET
The UN High Commissioner for Refugees called Friday on the European
Union to admit up to 200,000 refugees as part of a "mass relocation
programme" that would be binding on EU states.
- EU ministers to meet on migrant crisis as drowned boy's father speaks — 04 September 2015, 11:29 CET
European Union foreign ministers were set to meet Friday to discuss the continent's escalating migrant crisis, after the father of a Syrian toddler found dead on a beach spoke of how his children "slipped through my hands" as their boat sank.
- Bulgaria rejects anti-corruption bill — 03 September 2015, 22:47 CET
Lawmakers in Bulgaria, under fire from the EU over its failure to tackle
corruption, on Thursday rejected a bill that would have placed thousands
of top officials under closer surveillance.
- Britain's Labour leader candidates clash over Europe — 03 September 2015, 22:27 CET
Candidates to head Britain's Labour party clashed over how to approach a
referendum on membership of the European Union on Thursday, in the final
debate to decide who should be the country's new opposition leader.
- Europe shares credit for Obama's Iran vote victory — 03 September 2015, 22:50 CET
White House arm-twisting may have secured the votes to force the Iran nuclear deal through a hostile Congress, but European ambassadors in Washington are getting credit for playing an outsized role.
- EU faces 'unprecedented humanitarian, political crisis': Timmermans — 03 September 2015, 17:32 CET
Europe is facing an "unprecedented humanitarian and political crisis" as
it struggles with the huge influx of refugees and migrants, the European
Commission's vice-president Frans Timmermans said Thursday.
- ECB cuts growth, inflation forecasts for 2015-2017 — 03 September 2015, 17:07 CET
The European Central Bank on Thursday cut its forecasts for both
economic growth and inflation in the single currency area over the next
- Uber expands in Belgium despite bitter opposition — 03 September 2015, 18:48 CET
US-based taxi app Uber expanded its service in Brussels on Thursday
despite growing opposition by traditional cab drivers who plan a major
protest in Europe's capital later this month.
- France, Germany agree binding migrant quotas needed: Merkel — 03 September 2015, 16:07 CET
Germany and France have agreed that the European Union, facing an
unprecedented influx of migrants, should impose binding quotas on the
numbers member states take in, Chancellor Angela Merkel said Thursday.
- ECB could ramp up bond purchase programme if necessary: Draghi — 03 September 2015, 16:17 CET
The European Central Bank could ramp up its contested bond purchase
programme, extending it beyond September 2016 if needed, ECB president
Mario Draghi said on Thursday.
- Mogherini sees military action against migrant smugglers within weeks — 03 September 2015, 16:20 CET
EU foreign affairs head Federica Mogherini said Thursday the bloc could step up action against people smugglers in the Mediterranean within weeks, seizing and destroying boats to break up their networks.
- Juncker proposes relocating extra 120,000 refugees: European source — 03 September 2015, 15:42 CET
European Commission President Jean-Claude Juncker has proposed
relocating 120,000 refugees from overstretched Italy, Greece and
Hungary, a European source told AFP on Thursday.
- Romania bends to EU and IMF on fiscal reform — 03 September 2015, 16:24 CET
Romanian lawmakers overwhelmingly adopted Thursday a fiscal reform after taking into consideration concerns of its international creditors that the changes could weaken the country's finances.
- Poland against quotas but open to more migrants — 03 September 2015, 14:32 CET
Polish Prime Minister Ewa Kopacz said Thursday she was against any quota
plan to share migrants across the 28-member European Union but was open
to raising the numbers Warsaw took in.
- Erdogan slams EU over Mediterranean 'migrant cemetery' — 03 September 2015, 14:17 CET
Turkish President Recep Tayyip Erdogan on Thursday lashed out at EU
states for turning the Mediterranean into a "cemetery" for migrants,
accusing Europe of being responsible for the death of every single
- Italy PM says Europe 'cannot just get emotional' about migrants — 03 September 2015, 14:17 CET
Italian Prime Minister Matteo Renzi said Thursday that Europe could not
just limit itself to an emotional reaction to pictures of asylum-seekers
dying, but had to act.
- Cameron to be invited to address European Parliament on referendum — 03 September 2015, 14:38 CET
British Prime Minister David Cameron will be invited to address a special session of the European Parliament on his planned referendum on Britain's EU membership, officials said on Thursday.