Business news and information from the European Union
- Berlin sees progress on banking union — 06 December 2013, 16:17 CET
Germany is "confident" that EU ministers will make progress at talks next week on a planned banking union, a spokesman said on Friday, as the government hosted a high-level meeting.
- Ukraine's Tymoshenko ends hunger strike: daughter — 06 December 2013, 15:52 CET
Ukraine's jailed opposition leader Yulia Tymoshenko has ended a hunger
strike on the 11th day after pleas from the protestors in Kiev's central
square, her daughter told journalists on Friday.
- EU unblocks EUR 50 m to support Central Africa operation — 06 December 2013, 13:45 CET
The European Union has unblocked 50 million euros to support the foreign military operation in the Central African Republic, Commission head Jose Manuel Barroso said on Friday after France launched an intervention.
- Ukraine leader set to return to protest crisis — 06 December 2013, 13:11 CET
Ukraine's embattled President Viktor Yanukovych was expected Friday to return home after an aid-seeking visit to China as his government tries to quell the biggest protests since the 2004 Orange Revolution.
- Nepal fears for tourism after EU airline ban — 06 December 2013, 11:23 CET
Nepal expressed fears Friday for its tourism industry after Transport Commissioner Siim Kallas announced on Thursday that the EU had placed all of Nepal's airlines on its safety blacklist, banning them from flying to the EU
- EU stages anti-trust raids on consumer electronics firms — 06 December 2013, 11:22 CET
The European Commission has staged surprise inspections at several consumer electronics firms across Europe on suspicion they are engaging in anti-competitive practices.
- EU puts Nepal airlines on safety blacklist — 05 December 2013, 21:31 CET
The European Commission on Thursday put all Nepal airlines on its safety blacklist, banning them from flying to the EU, and said the Philippines, Sudan and Zambia were making improvements.
- Plan for EU troops in Central Africa leaves UK, France lukewarm — 05 December 2013, 19:49 CET
A proposal to dispatch an EU force to the Central African Republic to help African and French troops has failed to convince defence heavyweights Britain and France, diplomats said Thursday.
- Schaeuble to discuss banking union with France, EU: source — 05 December 2013, 19:49 CET
German Finance Minister Wolfgang Schaeuble will meet his French
counterpart Pierre Moscovici and Eurogroup finance chief Jeroen
Dijsselbloem Friday for talks on a planned European banking union, a
source close to the talks said.
- European fighters in Syria pose potential threat: EU ministers — 05 December 2013, 19:48 CET
The growing number of young Europeans joining Al-Qaeda-linked rebels in
Syria pose a "potential threat" for the European Union and its allies,
France and Belgium warned Thursday.
- West presses Ukraine to heed protesters' demands — 05 December 2013, 16:52 CET
The United States on Thursday urged Ukrainian authorities to heed the demands of thousands of pro-EU demonstrators, as protesters kept up a blockade of government buildings and occupation of a central Kiev square.
- Britain wants change in rules on EU free movement — 05 December 2013, 16:47 CET
Britain wants to change rules on free movement across the EU as it braces for a possible influx of Bulgarians and Romanians, Home Secretary Theresa May told European ministers on Thursday.
- ECB sees stronger growth for eurozone — 05 December 2013, 16:46 CET
The European Central Bank on Thursday voiced growing optimism the
eurozone will return to growth next year before gaining further strength
in 2015, despite high unemployment and low inflation.
- Tymoshenko urges Western sanctions on Ukraine leader, family — 05 December 2013, 16:46 CET
Jailed opposition leader Yulia Tymoshenko on Thursday called on the West
to impose sanctions against Ukrainian President Vladimir Yanukovych and
his family amid the nation's worst political crisis in a decade.
- Yanukovych seeks bulwark of support in Ukraine fiefdom — 05 December 2013, 16:45 CET
As opposition protests rock Kiev, Ukraine's embattled President Viktor
Yanukovych is pinning his hopes for political survival on rock solid
support in his stronghold region of Donetsk in the east of the country.
- Global pressure pushes back Israel's red lines — 05 December 2013, 11:58 CET
The nuclear deal signed with Iran, and Israel's participation in an EU project which bars settlement funding, is proving the effectiveness of external pressure on the Jewish state, experts say.
- Ukraine hosts OSCE meeting as pressure grows on Yanukovych — 05 December 2013, 11:15 CET
Ukraine on Thursday hosted top diplomats for a meeting of the OSCE
security group overshadowed by two weeks of protests over its rejection
of an EU deal, as demonstrators kept up the pressure on President Viktor
- Pressure mounts on Ukraine's leader as Westerwelle flies in — 05 December 2013, 11:14 CET
Pressure mounted on Ukraine's leader Viktor Yanukovych on Wednesday as
Germany's foreign minister met pro-European demonstrators on Kiev's
Independence Square, and America's top diplomat said Ukrainians deserved
the chance to choose their own future.
- Ukraine government doesn't rule out discussing snap polls — 05 December 2013, 11:14 CET
The government of Ukraine does not rule out discussing snap elections
with the opposition, a high-ranking official said ahead of a meeting of
top European diplomats in Kiev Thursday.
- West sides with Ukraine protesters' calls for reform — 05 December 2013, 11:14 CET
Western leaders are coming out more strongly in support of Ukrainian
opposition demands, as mass protests persist in Kiev after the
government abandoned a planned accord with the European Union.
- EU welcomes Ukrainians' 'deep European aspirations' — 04 December 2013, 23:09 CET
European Union President Herman van Rompuy said Wednesday that Ukrainians' "deep European aspirations" were clear and that the bloc was ready to respond to them, amid virulent protests for closer EU ties.
- Ukraine's ex-leaders back anti-Yanukovych protests — 04 December 2013, 22:48 CET
Pressure mounted on Ukraine leader Viktor Yanukovych Wednesday as three ex-presidents backed mass protests against his government's rejection of an EU pact, and Germany insisted the doors to the bloc were still open.
- Italy minister hit by racist slurs warns over populism — 04 December 2013, 22:47 CET
Italy's first black minister Cecile Kyenge, who has been deluged with racist slurs since her appointment in April, urged Europe's leaders on Wednesday not to spread populism or use it to win votes.
- Ukrainians deserve to choose own future: Kerry — 04 December 2013, 19:57 CET
Ukrainians should be allowed to choose their own future, US Secretary of
State John Kerry said Wednesday, after Kiev's decision to put a key EU
pact on hold sparked mass street protests in the former Soviet state.
- 'Troika' in Portugal for bailout review — 04 December 2013, 18:56 CET
Portugal's EU-IMF creditors began a review of the country's
78-billion-euro bailout programme Wednesday with unions and business leaders united against more austerity measures.