A total of 50 small and medium-sized companies in Galicia were beneficiaries of the 2017 call for investments aid that result in improvements in the processing of fishery, shellfish and aquaculture products. This was announced by the Minister of Marine Affairs, Rosa Quintana, at the Pobra do Caramiñal, during a visit to the refrigeration logistics company Alimentos Cruz del Sur (Alicrusa), one of the beneficiaries.
The clock is ticking for the financial services industry, with banks said to be months away from being forced to act on Brexit contingency plans that could see thousands of jobs leave the UK. The first quarter of 2018 has been dubbed the “point of no return” for banks, insurers and asset managers as the industry calls on the UK to clinch a transition period that would extend market access to the EU beyond March 2019.
Brazil said it was suspending fish exports to the European Union in response to concerns raised by Brussels' veterinary inspectors. The move was aimed at preventing the EU itself from ordering a suspension, said Luis Rangel, the secretary of state in charge of fisheries.
The European Union's offer on beef in Mercosur trade negotiations has not been revised according to the EU Agriculture Commissioner Phil Hogan, who said a deal may happen in February. Speaking to journalists in Brussels on Wednesday, EU Agriculture Commissioner Phil Hogan said that the EU's offer on beef access for Mercosur countries has not been revised since December 5.
Britain and the EU face a “furious race against time” to agree a transition deal and future trade relations within the next 10 months, European Council president Donald Tusk has said. In a letter to the leaders of the 27 remaining EU states ahead of a crucial summit on December 14-15, Mr Tusk urged them to show continued “unity” as Brexit negotiations enter their second phase.
The British government has been narrowly defeated in a key vote on its Brexit bill after a rebellion by 11 Tory MPs. In a blow to Prime Minister Theresa May, MPs voted to give Parliament a legal guarantee of a vote on the final Brexit deal struck with Brussels.
The European Union's chief negotiator on Brexit talks says negotiations with the United Kingdom are stuck in a state of deadlock. The EU wants to know what divorce bill Britain is prepared to pay before talks go any further. British officials, on the other hand, want to begin trade talks now, before they commit billions.
The European Union and Mercosur concluded Friday in Brussels the eighth round of negotiations for a free trade agreement with the commitment to begin exchanging market access proposals at the next meeting.
EU trade ministers agreed on Friday to approve a free trade pact with Colombia and Peru that could boost European car and chemical exports and lift food and mineral exports from the South American countries.
European Union finance ministers have agreed to introduce tougher regulation of the hedge fund industry. Ministers overrode objections by the new UK government and the City of London, where 80% of European funds are based.