European Union Business News from EUbusiness.com
- France says keeping to deficit 'trajectory' despite drift — 25 February 2014, 21:36 CET
France said Tuesday it is keeping to its deficit-cutting "trajectory"
despite EU figures suggesting it will miss its targets this year and
- European rail workers protest liberalisation plan — 25 February 2014, 17:23 CET
Thousands of rail workers from across Europe staged a demonstration in front of the European parliament Tuesday to protest a plan to scrap national rail monopolies in the EU in five years' time.
- Pakistan Iran pipeline not possible due to US sancions — 25 February 2014, 16:40 CET
Pakistan on Tuesday said that work on a pipeline to import gas from Iran cannot proceed because of sanctions imposed by the United Sates and the European Union on Tehran.
- France fails to honour pledge to cut deficit: EU data — 25 February 2014, 16:27 CET
France is set to breach promises to cut its public deficit, according to new figures from the European Union suggesting the country's deficit will remain above the 3.0 per cent ceiling in 2014 and 2015.
- Greece back in the black for first time since 1948: EU — 25 February 2014, 16:29 CET
Greece was back in the black for the first time since 1948, the EU's economics commissioner Olli Rehn said on Tuesday as figures showed the economically-hobbled nation returning to growth.
- EU economic forecasts for 2014, 2015 — 25 February 2014, 17:18 CET
The European Commission issued its latest economic forecasts for the 18-nation eurozone and the wider 28-member European Union on Tuesday.
- EU upgrades growth forecasts but says reforms essential — 25 February 2014, 16:52 CET
Struggling out of the debt crisis, the EU felt confident enough Tuesday to upgrade its economic forecasts, betting a modest recovery is sustainable if member states stick to reforms.
- EU urges Russian support for Ukraine — 25 February 2014, 13:23 CET
The European Union's foreign policy chief called Tuesday for Russia to assist Ukraine as the ex-Soviet state struggles to resolve its worst crisis since independence.
- Bank card fraud rose in Europe in 2012: ECB — 25 February 2014, 17:14 CET
Bank card fraud rose for the first time in four years in 2012, largely due to Internet fraud, data compiled by the European Central Bank showed on Tuesday.
- Thousands protest in Iceland over EU membership bid exit — 24 February 2014, 21:06 CET
Thousands of protesters thronged the streets of the Icelandic capital Reykjavik Monday to demand a referendum after the government said it was dropping its EU membership bid without a popular vote.
- Greece calls for international conference on Ukraine — 24 February 2014, 21:20 CET
An international conference should be held on financial aid for Ukraine
to keep the country from falling into disorder and default, the foreign
minister of Greece, which holds the current EU presidency, said on
- Brazil's president supports German Internet security plan — 24 February 2014, 19:12 CET
Brazilian President Dilma Rousseff welcomed on Monday a German government proposal to create a European communications network to rival that of the US National Security Agency.
- No quick offer of EU entry to Ukraine despite regime change — 24 February 2014, 18:48 CET
While saying it "hears" Ukraine's dream of joining the EU, the Western bloc failed Monday to hold out the prospect of entry in spite of regime change that began with pro-EU protests.
- Merkel's conservatives back Juncker for European Commission chief — 24 February 2014, 21:05 CET
German Chancellor Angela Merkel's conservatives agreed Monday to back former Luxembourg premier Jean-Claude Juncker in the running for a new European Commission president.
- Moscow warns of import duty hike if Kiev signs EU pact — 24 February 2014, 12:37 CET
Russia's economy minister warned Ukraine in an interview on Monday that
Moscow will raise import duties on its goods if Kiev signs a partnership
agreement with the European Union.
- EU-IMF creditors back in Greece for debt talks — 24 February 2014, 16:21 CET
EU-IMF creditors began a new audit of Greek finances on Monday, with Athens hoping for a deal in two weeks to help it meet debt repayments, a finance ministry source said.
- Eurozone inflation stable at 0.8% in January: Eurostat — 24 February 2014, 11:35 CET
Eurozone inflation held steady at 0.8 per cent in January from the same figure in December, official data showed on Thursday, easing concerns of deflationary pressure on growth.
- Fear of Ukraine break-up spurs West's outreach to Kiev's new masters — 24 February 2014, 11:08 CET
Fears that Ukraine could splinter into rival pro-Russia and pro-EU camps is spurring intense activity in the West to keep the country together, while also seeking to placate Russia over Kiev's tilt away from Moscow.
- Kosovo Serbs vote again to elect flashpoint town mayor — 23 February 2014, 21:48 CET
Voters in the Serb-dominated part of Kosovo's flashpoint town of Kosovska Mitrovica returned to polls Sunday to elect a mayor after the one elected in December refused to take over.
- Ashton to visit Ukraine on Monday — 23 February 2014, 21:49 CET
EU foreign policy chief Catherine Ashton will visit Ukraine on Monday
for talks with key players after the weekend's dramatic events, which
saw parliament appoint an interim leader and ousted president Viktor
- Greek banks need five billion euro cash injection: reports — 23 February 2014, 21:49 CET
Greece's four top banks are expected to need an extra capital injection of about five billion euros, local media said Sunday as the country's international lenders prepared for a new audit of Greek finances.
- Britain calls Germany closest ally in EU reform — 23 February 2014, 21:49 CET
Germany is Britain's closest partner in reforming the European Union, Foreign Secretary William Hague said Sunday ahead of talks this week between the leaders of the two countries.
- Belgian FM visits Iran, hoping nuclear talks rebuild trust — 23 February 2014, 21:46 CET
Belgian Foreign Minister Didier Reynders expressed hope Sunday that Iran's nuclear negotiations with world powers could lead to the restoration of trust between Tehran and the West.
- Germany finds foreign policy voice in Ukraine crisis — 22 February 2014, 10:57 CET
Germany, often accused of stepping too lightly on the world stage, has
taken an unusually vocal and active stand over the Ukrainian crisis and
is helping mediate an end to the turmoil.
- Germany has 'unfair' edge with low salaries: minister — 22 February 2014, 10:57 CET
Germany's low salaries have given Europe's biggest economy an "unfair" competitive advantage over its partners and must be corrected, a junior German minister has said.