European Union Business News from EUbusiness.com
- Eurozone ministers approve bailout extension for Greece — 08 December 2014, 21:05 CET
Eurozone ministers on Monday approved a request from Greece for a two-month extension to its bailout programme that was set to end December 31, amid an ongoing budget row between Athens and its EU-IMF creditors.
- EU watchdog probes near mid-air civil-military collisions — 08 December 2014, 20:57 CET
The European Aviation Safety Agency (EASA) said Monday it was investigating a series of near mid-air collisions between European passenger planes and military aircraft.
- Eurozone ministers give France last chance to fix budget — 08 December 2014, 21:05 CET
Eurozone ministers on Monday approved the extra three months given France, Italy and Belgium to fix their bloated budgets, but warned that "all options" remained if the overspending persisted.
- EU counts on intelligence sharing to stem foreign fighters' flow to Syria — 08 December 2014, 16:42 CET
New European Union foreign policy chief Federica Mogherini said in
Turkey on Monday she hoped increased intelligence-sharing would help
stop the flow of foreign fighters joining the ranks of Islamic State
- US, China, EU carbon pledges better not enough: report — 08 December 2014, 21:07 CET
New plans by the United States, China, and European Union to curb carbon
emissions would yield global warming of about three degrees Celsius (5.4
degrees Fahrenheit), a better-than-predicted but still unsafe level, a
report said Monday.
- Private cars trump public transport in EU: study — 08 December 2014, 21:09 CET
More than half of Europeans use their cars to travel daily in cities across the 28-member EU while less than one-fifth of them use public transport, a study revealed on Monday.
- EU announces nearly EUR 700m in aid for Myanmar over 7 years — 08 December 2014, 21:09 CET
The European Union announced Monday it will send nearly 700 million euros in aid to Myanmar over the next seven years to boost the country's transition from army-led isolation to international player.
- Eurozone ministers push bailout extension for Greece — 08 December 2014, 14:15 CET
Eurozone ministers on Monday said a solution was near to avert a fresh crisis over Greek public finances, despite a fight over the government's budget estimates that EU-IMF creditors believe are too optimistic.
- EU to press Turkey for help in anti-IS fight — 08 December 2014, 14:16 CET
New European Union foreign policy chief Federica Mogherini was to meet Turkish leaders Monday for talks expected to focus partly on the war against the Islamic State insurgency in neighbouring Syria.
- Former EU top diplomat to continue nuclear talks with Iran — 05 December 2014, 22:52 CET
The EU's former top diplomat Catherine Ashton will continue negotiations
with Iran on its contested nuclear programme after being named a special
adviser by her successor, a statement said Friday.
- EU tells Russia to keep Balkans out of Ukraine crisis — 05 December 2014, 21:42 CET
EU foreign policy chief Federica Mogherini called on Russia Friday not
to involve the Balkans in tensions between Brussels and Moscow over the
- Europe needs long-term migration plan: UN expert — 05 December 2014, 21:27 CET
Europe needs to come up with a long-term plan on migration in order to
avoid more tragedies in the Mediterranean Sea, the UN special rapporteur
on migrants' rights said Friday in Rome.
- Risk of militant attack in Europe is real: France — 05 December 2014, 18:47 CET
The threat of an attack by Islamist militants in Europe is "real" and EU
countries must all remain mobilised to counter it, France's interior
minister Bernard Cazeneuve warned Friday.
- EU may scrap bank reform plans — 05 December 2014, 16:14 CET
The EU may scrap plans to force banks to separate risky trading activities from their core business following fierce opposition by the bloc's most influential states, a document seen by AFP showed Friday.
- Cyprus eases controls on capital outflows — 05 December 2014, 16:35 CET
Cyprus eased controls on capital outflows Friday, in another step toward scrapping draconian measures imposed last year to avoid a run on banks.
- Mogherini to visit Turkey a week after Putin — 05 December 2014, 17:43 CET
New EU foreign affairs chief Federica Mogherini travels to Turkey next week to highlight the "strategic importance" of ties just one week after Russian President Vladimir Putin made a rival visit to woo a key regional player.
- EU's Russian sanctions should be proportional, Italy warns — 05 December 2014, 14:38 CET
The European Union isn't a "sanctions geyser" and its restrictions
imposed on Russia in the wake of the Ukraine crisis should be "proportional
and reversible," Italian foreign minister Paolo Gentiloni said Friday.
- Dying to escape crisis-hit Greece — 05 December 2014, 11:18 CET
Strapped to the underbelly of a train, 23-year-old Ali Arzin from
Afghanistan had hoped to cross the border of crisis-hit Greece into Macedonia and eventually reach another EU country.
- EU Parliament delves into LuxLeaks scandal — 08 December 2014, 14:18 CET
The European Parliament ordered reports delving into tax evasion Thursday, a contentious topic after the "Luxleaks" scandal that has embroiled EU Commission head and former Luxembourg premier Jean-Claude Juncker.
- EU offers EUR 180m for Syria refugees in Lebanon, Jordan — 04 December 2014, 20:23 CET
The EU offered 180 million euros Thursday to help Lebanon and Jordan cope with a massive influx of refugees from Syria, where there is no end in sight to the civil war.
- One million sign petition against huge US-EU trade deal — 04 December 2014, 20:23 CET
Opponents to the controversial trade pact between the EU and the United States passed a key threshold on Thursday securing one million signatures on a petition they hope will force Brussels to abandon the deal.
- Russia is 'strategic problem' for EU, Juncker says — 04 December 2014, 15:53 CET
Russia is now a "strategic problem" for the EU amid the crisis in Ukraine, European Commission chief Jean-Claude Juncker said Thursday, but he insisted Brussels would not be blackmailed by the cancellation of a huge gas pipeline.
- Putin's pipeline 'gambit' leaves West unimpressed — 04 December 2014, 12:13 CET
Was he flexing his muscles or beating a retreat? Opinions are divided over Russian President Vladimir Putin's surprise announcement to abandon Moscow's $50 billion South Stream gas pipeline.
- Singapore activists slam 'anti-gay' speaker at EU event — 04 December 2014, 10:40 CET
Holding placards and a rainbow flag, Singapore gay rights activists on Thursday condemned the European Union for inviting an academic accused of homophobia to speak at a human rights seminar in the city-state.
- EU Guantanamo delegation calls for flexible prison conditions — 04 December 2014, 10:43 CET
A delegation of five European officials recommended Wednesday that inmates cleared for release from the US military detention center in Guantanamo Bay, Cuba, be jailed under more flexible conditions, an aide said.