European Union Business News from EUbusiness.com
- EU says 'shooting needs to stop' in Ukraine — 16 February 2015, 13:17 CET
The European Union called Monday for full implementation of a hard-won
Ukraine ceasefire, insisting that "the shooting needs to stop."
- Russia vows to respond to 'illogical' EU sanctions — 16 February 2015, 22:20 CET
Moscow said on Monday it would respond to the latest EU sanctions over
the Ukraine conflict which target several prominent figures including a
popular singer, condemning them as "inconsistent and illogical".
- German finance minister 'very sceptical' of Greece deal — 16 February 2015, 10:33 CET
German Finance Minister Wolfgang Schaeuble said Monday he is "very
sceptical" that Greece can reach a new debt deal with its eurozone
partners and described Athens' behaviour as "irresponsible."
- New EU sanctions hit two Russian deputy defence ministers — 16 February 2015, 22:20 CET
The European Union included two Russian deputy defence ministers in its
latest Ukraine sanctions list Monday, hitting them with travel bans and
asset freezes for their role in the conflict.
- Greece, eurozone in high-stakes debt stand-off — 16 February 2015, 16:00 CET
Greece and its sceptical eurozone partners traded barbs Monday over
rewriting the country's massive bailout programme, deepening a bitter
stand-off ahead of a make-or-break meeting in Brussels.
- Rallies in Athens, Europe ahead of bailout talks — 15 February 2015, 22:49 CET
Tens of thousands of people joined rallies in Greece on Sunday ahead of
talks in Brussels on the new leftist government's bid to revise its
- German anti-euro party wins first seats in western state — 16 February 2015, 16:05 CET
Germany's anti-euro AfD party was Sunday set to win its first seats in a
western state, boosting the populist group which has emerged amid the
eurozone crisis to the right of Angela Merkel's conservatives.
- Paris demo in support of Greece draws at least 2,000 — 15 February 2015, 18:23 CET
At least 2,000 people marched through the streets of Paris on Sunday to
voice their support for Greece against what they called "the Goliath of
- Greece plays for time as bailout clock ticks down — 15 February 2015, 22:51 CET
Greece on Sunday expressed confidence that a deal with the EU over its
loathed bailout could be reached, but also warned the February 28
deadline may be too tight.
- Greek PM says 'confident' about eurozone talks: report — 15 February 2015, 18:23 CET
Prime Minister Alexis Tsipras said he was "confident" about progress in
renegotiating Greece's debt at a crucial eurozone meeting on Monday, in
an interview with German media.
- Anti-euro party guns for first seats in west German state — 15 February 2015, 10:42 CET
Germany's populist anti-euro AfD party hoped to capture its first seats
in a western state legislature in an election Sunday in the country's
second city of Hamburg.
- Greece confident of bailout deal but warns deadline too tight — 15 February 2015, 12:24 CET
Greece's finance minister said Sunday he was confident a deal with the
EU over the country's loathed bailout could be found while warning the
February 28 deadline may be too tight.
- Greece's PM warns too early to speak of bailout win — 14 February 2015, 20:46 CET
Greece's PM Alexis Tsipras warned Saturday that a high-stakes eurogroup meeting to resolve the country's bailout drama was going to be tricky, despite progress made in negotiations with the EU.
- Greece, creditors consult before make-or-break meeting — 14 February 2015, 17:53 CET
Greek and EU officials met for talks Saturday ahead of a high-stakes
show-down over Athens' demands for a radical restructuring of its
massive international bailout programme.
- From 'Haircut' to 'Dirty Exit': Greek bailout buzz words — 14 February 2015, 03:42 CET
The Greek bailout drama has given rise to a series of buzz words that so
rile Athens they have become no-go areas for those attempting to broker
- US urges Greece debt negotiators to 'set aside rhetoric' — 13 February 2015, 23:37 CET
US Treasury Secretary Jacob Lew urged Friday all sides in Greece debt
talks to focus on finding a solution to the crisis that risks pushing
the eurozone country into default.
- WTO rules against China in row with EU, Japan over steel pipes — 15 February 2015, 18:45 CET
A WTO panel largely ruled Friday against China in its row with the
European Union and Japan over Chinese anti-dumping duties on imports of steel pipes.
- New Greek bailout programme an option: EU official — 13 February 2015, 13:12 CET
Greece's creditors could discuss a new international bailout programme
to replace the one that new hard-left Prime Minister Alexis Tsipras
wants to scrap, a senior EU official said Friday.
- Eurozone economy grows as cheap oil takes hold — 13 February 2015, 13:13 CET
Economic activity in the eurozone picked up slightly in fourth quarter,
official EU data showed Friday, in a sign that the benefits of cheap oil
and stimulus by the European Central Bank are taking effect.
- EU ready for 'necessary steps' if Ukraine pact breached: Tusk — 12 February 2015, 23:33 CET
The EU warned Russia Thursday it was ready to take further measures in addition to the sanctions it has already imposed if a new Ukraine peace pact is breached, the bloc's president Donald Tusk said.
- EU to go ahead with Ukraine sanctions despite peace deal: sources — 12 February 2015, 22:42 CET
The European Union will go ahead with fresh sanctions against Russian
and Ukrainian individuals despite the signing of a peace deal in Minsk
earlier Thursday, EU sources said.
- Poroshenko says 'not easy' to implement Ukraine peace deal — 12 February 2015, 22:09 CET
Ukrainian President Petro Poroshenko warned Thursday that it would be
hard to make a success of a new peace deal between Kiev and pro-Russian separatists.
- Pristina asks EU to expel illegal Kosovo migrants — 12 February 2015, 18:42 CET
Kovoso's Interior Minister Skender Hyseni on Thursday urged the European
Union to expel thousands of Kosovan nationals, who have quit their
homeland in search of a better life in EU countries.
- Greece hopeful of 'positive' climate at EU summit: source — 12 February 2015, 17:23 CET
Greece expects a "positive" climate at Thursday evening's EU summit
despite a failure to agree on its anti-austerity demands a day earlier,
a government source said.
- Debt relief for Greece 'won't change much': Bundesbank — 12 February 2015, 17:23 CET
Additional debt relief will not help pull Greece out its current crisis,
the head of the German central bank or Bundesbank, Jens Weidmann, said on Thursday.