Business news and information from the European Union
- EU appeals to Israel to keep Gaza operation 'proportionate' — 23 July 2014, 01:05 CET
The European Union appealed to Israel on Tuesday to keep its military operation in Gaza "proportionate" and expressed concern about the deteriorating humanitarian situation, as the Palestinian death toll mounted to more than 620.
- EU foreign ministers to speed up Russia sanctions — 23 July 2014, 01:04 CET
EU foreign ministers agreed Tuesday to speed up wider sanctions against Russia and to examine tougher measures, including in the defence sector, after the downing of Malaysian Airlines flight MH17 allegedly by pro-Moscow rebels.
- Latvia extends emergency zone for African swine fever — 22 July 2014, 19:40 CET
Latvia on Tuesday declared a state of emergency in a second area of this Baltic EU state as efforts continued to contain an outbreak of deadly African swine fever in its pig population.
- WTO called in to settle EU-Russia trade disputes — 22 July 2014, 19:40 CET
The World Trade Organization was Tuesday called in to settle two disputes over Moscow's ban on EU pork and Brussels' trade penalties against Russian steel and fertiliser firms.
- EU to prepare defence sanctions against Russia: Austria FM — 22 July 2014, 19:35 CET
The European Commission will shortly begin work on defence sector sanctions against Russia over the Ukraine crisis, Austrian Foreign Minister Sebastian Kurz said.
- Eurozone debt rises sharply: Eurostat — 22 July 2014, 14:36 CET
European public debt -- the accumulated total of government budget deficits and borrowing -- rose sharply earlier this year, reversing a downtrend when the economic crisis eased, official figures showed on Tuesday.
- EU expands sanctions on Syria — 22 July 2014, 14:34 CET
European Union foreign ministers agreed Tuesday to expand sanctions on Syria over the government's "violent repression" of its civilian population. The names added to the list are expected to be published on Wednesday.
- EU foreign ministers tackle tougher Russia sanctions — 22 July 2014, 14:20 CET
EU foreign ministers tackled tougher Ukraine crisis sanctions against Russia Tuesday, divided as to how far to go and with British-led calls for an arms embargo putting France on the spot.
- IMF raises Germany growth forecasts — 22 July 2014, 11:38 CET
The International Monetary Fund raised its forecast for Germany's growth on Monday, shrugging off concerns of a slowdown in the eurozone's largest economy.
- Lithuania slams French warship deal with Russia during Ukraine crisis — 22 July 2014, 10:12 CET
Lithuania's President Dalia Grybauskaite said Tuesday the European Union
was compromising its values to protect trade ties with Russia, pointing
to a French warship agreement with Moscow.
- Barroso slams Russia, demands Ukraine measures — 21 July 2014, 21:25 CET
European Commission President Jose Manuel Barroso on Monday said Moscow's support for pro-Russia separatists in Ukraine violated international law and demanded measures to resolve a crisis exacerbated by the downing of a Malaysian jet in the area.
- Round of EU-US trade talks end amid protests — 21 July 2014, 18:03 CET
EU and US negotiators ended a sixth round of trade liberalisation talks on Friday by vowing to maintain transparency, as anti-globalisation protesters nearby urged the project be scrapped.
- Schaeuble warns ECB on asset bubbles — 21 July 2014, 18:02 CET
German Finance Minister Wolfgang Schaeuble warned the European Central Bank on Sunday that a loose monetary policy runs the risk of causing asset bubbles.
- Top EU lawyer clears way to stem-cell patent ruling — 21 July 2014, 18:01 CET
A human egg used to produce stem cells but unable to develop into a viable embryo can potentially be patented, a key EU legal chief said on Thursday.
- EU takes next step towards Russia Ukraine sanctions — 21 July 2014, 18:00 CET
The European Union on Friday took the next step towards imposing tougher sanctions on Russia for its role in the Ukraine crisis by agreeing the legal basis for widening its list of targets.
- British foreign secretary would vote to leave EU — 21 July 2014, 18:00 CET
Britain's new Foreign Secretary Philip Hammond confirmed Sunday he would
vote to leave the EU unless London can repatriate powers from Brussels.
- EU summit fails to reach deal on top jobs — 18 July 2014, 21:13 CET
EU leaders failed to reach agreement as their summit ended early Thursday over who should get the top jobs to steer the 28-nation bloc over the next five years.
- Bing offers to 'forget' links in Europe searches — 18 July 2014, 21:12 CET
Microsoft on Wednesday followed in Google's footsteps by letting people in Europe ask to have links related to them 'forgotten' on its search engine Bing, under the auspices of a court ruling.
- EU 'very concerned' over Gaza escalation, urges ceasefire — 18 July 2014, 20:03 CET
The European Union on Friday said it was "very concerned" over the escalation of violence in the Gaza Strip and reiterated a call for an immediate ceasefire.
- Amnesty slams Bulgaria role as EU's 'gatekeeper' — 18 July 2014, 18:01 CET
Amnesty activists erected a symbolic wall in the heart of downtown Sofia Friday to denounce Bulgaria's "gatekeeper" role shutting migrants out of the European Union.
- Drop in euro forgeries in first half of 2014: ECB — 18 July 2014, 11:42 CET
The number of counterfeit euro banknotes withdrawn from circulation dropped in the first six months of this year, the European Central Bank said on Friday, but warned the public to watch for fakes.
- Ecuador, EU reach long-delayed trade pact — 17 July 2014, 15:52 CET
Ecuador, the world's top banana exporter, and the European Union reached a long-delayed trade agreement, the Ecuadorian Minister of Trade Francisco Rivadeneira said on Thursday.
- Serenades and some advice for Merkel on her 60th birthday — 17 July 2014, 15:29 CET
Quirky tributes poured in for German Chancellor Angela Merkel as she celebrated her 60th birthday on Thursday, along with some advice from her former mentor, elder statesman Helmut Kohl.
- Pro-Russia charge against FM Mogherini riles Italy — 17 July 2014, 15:21 CET
Italy reacted with disbelief on Thursday to charges that Italian Foreign
Minister Federica Mogherini would be too pro-Russian as the European
Union's next foreign policy chief because of Italy's economic ties with
- EU states cannot jail foreigners awaiting expulsion: court — 17 July 2014, 15:20 CET
The European Union's top court ruled Thursday that member states cannot jail foreigners awaiting expulsion by arguing there are no special detention centres to hold such people.