MercoPress, en Español

Montevideo, June 21st 2018 - 18:05 UTC

Tag: Europe

  • Friday, June 15th 2018 - 10:28 UTC

    ECB will stop its bond-buying scheme, €30bn a month, next December

    The move is a major step towards dismantling the policies brought in to stabilize the euro zone in the wake of the financial crisis.

    The European Central Bank (ECB) has confirmed it will end a huge program to stimulate the Euro-zone economy in December. The ECB will stop its bond-buying scheme, worth €30bn a month, despite a recent slowdown in the bloc's recovery.

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  • Wednesday, June 13th 2018 - 08:32 UTC

    Italy/Spain insist Europe must share the burden of migrants

    The rescue ship Aquarius has been stuck since Saturday in international waters off the coast of Italy and Malta, both of which have refused it entry.

    Italy has dispatched two ships to help take 629 migrants stuck off its shores to Spain after the new populist government refused them safe port in a bid to force Europe to share the burden of unrelenting arrivals. The rescue ship Aquarius has been stuck since Saturday in international waters off the coast of Italy and Malta, both of which have refused it entry. The ship is carrying 629 migrants including 123 unaccompanied minors, 11 children and six pregnant women.

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  • Monday, June 11th 2018 - 19:33 UTC

    Spain accepts rescue boat with stranded migrants in the Mediterranean

    Spain's new Socialist Prime Minister Pedro Sanchez agreed to allow the ship to dock in its eastern port of Valencia.

    Spain will welcome a ship with 629 migrants aboard after Italy and Malta refused to let the vessel dock in their ports. The migrants were saved by the French charity SOS Mediterranee on Saturday and were stranded in the Mediterranean Sea when Matteo Salvini, the new Italian interior minister, reportedly refused to allow the vessel to dock at Italian ports.

  • Monday, June 11th 2018 - 08:34 UTC

    Italy refuses docking to 629 migrants; Minister Salvani has promised to deport half a million illegals

    Aquarius, which is operated jointly by Medecine Sans Frontiers and SOS Medeterranee, was refused a port of disembarkation by the Italian authorities

    A group of more than 600 migrants appear to have become the first subjects of the new Italian government's tough immigration stance without having even set foot on Italian soil. A charity rescue vessel carrying 629 people is currently stranded in the Mediterranean after Matteo Salvini, the new Italian interior minister, reportedly refused to allow it to dock at Italian ports.

  • Thursday, June 7th 2018 - 08:35 UTC

    Europe's five leagues revenue €14.7bn, in 2016-17, and the English Premier League is market leader

    In revenue terms, the Premier League is 86% larger than its nearest competitor, Spain's La Liga.

    The big five European leagues generated a record €14.7bn in revenue in 2016-17, a 9% annual increase, according to new figures from Deloitte. It says the European football market is now worth some €25.5bn and the English Premier League was the market leader, with record revenue of £4.5bn, as each of the 20 clubs se their own annual revenue record.

  • Thursday, May 31st 2018 - 08:12 UTC

    Fed proposes simplifying trading rules for foreign banks and funds

    The Fed alongside other U.S. regulators, proposed rewriting the “Volcker Rule” introduced following the 2007-09 financial crisis

    Foreign banks and funds are set to benefit from a move by U.S. regulators to simplify a trading rule that foreign banks and regulators say has inadvertently complicated firms operating as far afield as Europe and Asia. The Federal Reserve, alongside other U.S. regulators, on Wednesday proposed rewriting the “Volcker Rule” introduced following the 2007-2009 financial crisis in a bid to simplify the regulation and make it easier for banks to comply.

  • Friday, May 18th 2018 - 08:24 UTC

    Oil hits US$ 80, its highest level since 2014; London's FTSE on new all time-high

    Higher oil prices pushed the shares of energy firms in European stock markets higher, helping London's FTSE to set a new all-time high

    Benchmark oil contract Brent North Sea hit its highest level since late 2014 on Thursday, breaching US$ 80 per barrel, with some market players predicting it could rise all the way to US$ 100. Higher oil prices, in turn, pushed the shares of energy firms in European stock markets higher, helping London's FTSE to set a new all-time high, and the Paris CAC to establish a fresh 2018 peak.

  • Friday, May 18th 2018 - 08:19 UTC

    Europe's top court rules in favor of bees banning three insecticides

    In April EU governments agreed to ban all use of three neo-nicotinoids outdoors. Seeds treated with them can still be used in greenhouses.

    The EU's top court has backed an almost complete EU-wide ban on the use of three insecticides, which studies have linked to declining bee populations. Chemicals giants Bayer and Syngenta had gone to the European Court of Justice (ECJ) hoping to get the restrictions on neo-nicotinoids overturned.

  • Saturday, May 12th 2018 - 09:30 UTC

    Germany moves closer to Russia: Merkel will visit Putin in Moscow

    Putin and Merkel also discussed the situation in Syria as well as the chancellor's planned working visit to Russia next week, Moscow said.

    Russian President Vladimir Putin has spoken with Germany's Angela Merkel and Turkey's Recep Tayyip Erdogan in a bid to keep the Iran nuclear deal alive after the US decision to withdraw, the Kremlin said Friday.

  • Saturday, May 12th 2018 - 06:43 UTC

    “Europe must take its destiny in its own hands, US will not protect us”, claims Merkel

    Merkel spoke about European unity at an award ceremony in the city of Aachen, where she praised president Emmanuel Macron for his “contagious enthusiasm”

    Europe cannot put all of its trust in the U.S. when it comes to protection and should instead “take its destiny into its own hands,” German Chancellor Angela Merkel has said. “It's no longer the case that the United States will simply just protect us”.

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