European Union Business News from EUbusiness.com
- EU summit tackles climate change, Ebola — 23 October 2014, 04:17 CET
European Union leaders meet at a summit in Brussels Thursday aimed at
clinching a high-stakes deal on combating climate change and boosting
efforts to fight the deadly Ebola virus.
- Hungary to press charges against 'biased' foreign-backed NGO — 22 October 2014, 23:47 CET
Hungary said Wednesday it will press criminal charges against a
non-government organisation distributing grant aid from Norway,
escalating a row with Oslo that has also drawn fire from Washington.
- British DJ withdraws satirical track for anti-EU party — 22 October 2014, 20:20 CET
A former British DJ on Wednesday withdrew a song he released in honour of the anti-immigration UK Independence Party (UKIP) sung in a mock Caribbean accent, following a wave of criticism.
- Ex-IMF head pays EUR 3m bond in Spain scandal: source — 22 October 2014, 18:43 CET
Ex-IMF head Rodrigo Rato paid a three-million-euro court bond Wednesday
over allegations of lavish spending on company expenses while he was an
executive at a bailed-out bank, a judicial source said.
- Corporate bond-buying scheme 'an option' for ECB: analysts — 22 October 2014, 16:42 CET
Corporate bond purchases would be one option for the European Central
Bank to pump cash into the eurozone's flagging economy, analysts said on
Wednesday, even as the bank said it had no such plans at present.
- France, Italy step closer to EU budget warning — 22 October 2014, 18:42 CET
France and Italy moved a step closer on Wednesday to having their
budgets humiliatingly sanctioned by Brussels, with four other countries
also in the EU danger zone, a European source said.
- Juncker wins green light for 'last chance' team — 23 October 2014, 00:00 CET
The EU's incoming chief executive Jean-Claude Juncker vowed Wednesday to seize the "last chance" for the bloc as his team of Commissioners won parliamentary approval to start work on a stalling economy and foreign policy challenges.
- ECB hasn't seriously discussed stimulus 'Plan B': council member — 22 October 2014, 12:17 CET
The European Central Bank has not "seriously" discussed a purchase of
corporate bonds as another way of pumping cash into the stalling
eurozone economy, a member of the bank's decision-making body said on
- Juncker promises careful look at US trade deal — 22 October 2014, 12:10 CET
Europe's incoming Commission head Jean-Claude Juncker says he will take a careful look at a controversial yet central element of a proposed giant EU-US free trade deal that allows corporations to sue governments.
- Juncker pledges investment package by year-end — 22 October 2014, 11:20 CET
The EU's incoming chief Jean-Claude Juncker vowed on Wednesday to unveil a huge growth investment package before Christmas but also promised to enforce budget rules as Euro-MPs prepared to vote on his new team.
- Propaganda, personal struggles turn some young Belgians to jihad — 22 October 2014, 05:22 CET
As chairman of the Annasr mosque, Mimoun Aquichouh personally knows a
number of young men who left the small Belgian city of Vilvoorde to wage
jihad in Syria.
- Russia-Ukraine gas talks falter, new meeting next week — 22 October 2014, 11:21 CET
EU-brokered crunch talks to resolve the bitter gas price dispute between Russia and Ukraine failed on Tuesday, as a new meeting was set for next week amid fears Moscow could halt crucial energy supplies to Europe this winter.
- EU regulators target Honeywell, DuPont over coolant — 21 October 2014, 20:17 CET
EU anti-trust regulators said Tuesday that US firms Honeywell and DuPont
may have hindered competition when they produced the only
environmentally acceptable auto coolant for the European market.
- Brave healer of DR Congo's most horrific wounds — 21 October 2014, 20:07 CET
Congolese doctor Denis Mukwege, who won the Sakharov human rights prize
Tuesday, has been dubbed "Doctor Miracle" for helping tens of thousands
of gang rape victims in the Democratic Republic of Congo.
- DR Congo rape doctor Mukwege wins EU Sakharov prize — 21 October 2014, 21:46 CET
Doctor Denis Mukwege won the European Parliament's prestigious Sakharov human rights prize on Tuesday for his work in helping thousands of gang rape victims in the Democratic Republic of Congo.
- EU hits big banks for bailout war chest — 21 October 2014, 17:23 CET
Small European banks, including Germany's powerful regional lenders, will contribute considerably less to a new eurozone rescue fund than the big banking groups that dominate the industry, European Commission plans showed on Tuesday.
- Italy uncovers EUR 1.7 bn vast corporate fraud — 21 October 2014, 17:13 CET
Italy's financial police on Tuesday said they had broken up a ring of companies they believe used false accounting to defraud the state out of 1.7 billion euros of tax.
- Football: Both Serbia, Albania hope for favourable UEFA ruling — 21 October 2014, 20:13 CET
Both Serbia and Albania are hoping for a favourable ruling from UEFA when European football's governing body meets Thursday over the violence that halted the Balkan rivals' Euro 2016 qualifier last week.
- Juncker on track to win approval for new Commission — 21 October 2014, 17:50 CET
The EU's incoming chief executive Jean-Claude Juncker appeared on track Tuesday to win formal approval for his new team that will have to tackle Europe's economic and foreign policy challenges.
- High-stakes Russia-Ukraine-EU gas talks begin in Brussels — 21 October 2014, 17:51 CET
Russia, Ukraine and the EU began crunch gas talks on Tuesday to resolve a bitter price dispute and end fears that Moscow could halt crucial energy supplies to Europe this winter.
- EU calls for comment on Air France, KLM, Delta fare remedies — 21 October 2014, 15:14 CET
The European Commission called on Tuesday for public comment on measures by Air France, KLM and Delta Airlines to meet concerns about possible overcharging on key international routes.
- WTO sets up body to settle EU-Russia vehicle battle — 20 October 2014, 19:42 CET
The World Trade Organization on Monday set up a body to rule on a raging
trade dispute between Brussels and Moscow over duties imposed on
European vehicles in Russia.
- EU sees less violence in eastern Ukraine — 20 October 2014, 22:50 CET
The European Union said Monday it believed a ceasefire and peace plan have helped reduce fighting between government and pro-Russian rebels in eastern Ukraine but condemned continued violations of the accord.
- European artists urge Juncker to remove Hungarian nominee — 20 October 2014, 18:58 CET
European artists on Monday appealed to EU chief Jean-Claude Juncker to strip a Hungarian nominee from his position on the European Commission over his ties to Prime Minister Viktor Orban, whom rights groups accuse of cracking down on the media and judiciary.
- EU urges Turkey to open border to help Kobane — 20 October 2014, 18:27 CET
European Union foreign ministers called on Turkey Monday to open its
border so as to help the Syrian town of Kobane, under attack from
Islamic State jihadi fighters.