Tag: European Commission

Monday, July 6th 2015 - 07:34 UTC
Euro zone to hold emergency summit to discuss Greek referendum 'no'

Euro-zone nations will hold an emergency summit on Tuesday to discuss the Greek referendum “No” result after the German and French leaders called for a meeting, EU president Donald Tusk said. The special meeting comes as Brussels reels with the implications of what the head of the Euro-group of finance ministers from the 19-country block, Jeroen Dijsselbloem, called a “very regrettable” decision.
Wednesday, June 24th 2015 - 07:09 UTC
Spain to question Gibraltar’s exclusion from EU tax havens blacklist

Spain will call on the European Commission to include Gibraltar on the EU blacklist of tax havens published last week, it emerged over the weekend. The list names the 30 top tax havens as identified by EU countries, but Gibraltar is not on it. Only nine of the EU’s 28 members - among them Spain - view the Rock as a harmful jurisdiction for taxation.
Friday, March 13th 2015 - 14:35 UTC
Iceland drops EU membership request; it had suspended the bid in 2013

The government of Iceland has announced it is no longer seeking EU membership for the North Atlantic state. Foreign Minister Gunnar Bragi Sveinsson said he had already informed current EU president Latvia and the European Commission about the cabinet's move.
Friday, January 16th 2015 - 06:10 UTC
US, EU and Japan win case at WTO against Argentine import restrictions

The World Trade Organization on Thursday rejected Argentina’s bid to overturn a ruling in favour of the United States, the European Union and Japan against the Buenos Aires licensing rules used to restrict imports.
Friday, December 5th 2014 - 06:14 UTC
ECB steps up plans for more stimulus measures to revitalize Euro-economy

The European Central Bank (ECB) has “stepped up” plans for more stimulus measures aimed at revitalizing the Euro-zone economy, bank president Mario Draghi said on Thursday. His comments came after the ECB held interest rates at 0.05%.
Friday, November 28th 2014 - 06:38 UTC
Mercosur and EU could not establish a date for the exchange of new proposals

European Union and Mercosur representatives analyzed the current state of negotiations for an association and free trade agreement but could not establish a date for the exchange of new proposals because “the European Commission has yet not concluded the consultation process with member states to harmonize its proposal”.
Tuesday, November 18th 2014 - 06:39 UTC
European Union blasts main trading partners over protectionism

The tendency to impose trade-restricting measures remains strong among the European Union's commercial partners, fuelling continuing uncertainty in the world economy. These are the main findings of the European Commission's annual report on protectionism published Monday 17 November.
Monday, November 3rd 2014 - 11:05 UTC
Jobs and 300bn Euro stimulus priorities for the new European Commission

After months of political wrangling over the appointment to the European Commission, Jean Claude Juncker and his team officially replaced his predecessor, Jose Manuel Barroso, and his Commission on Saturday. The first vice president, former Dutch Foreign Minister Frans Timmermans, is to serve as Juncker's right-hand man.
Thursday, September 11th 2014 - 15:53 UTC
Key economic responsibilities to France and UK in EU new executive team

The incoming head of the European Commission, Jean-Claude Juncker, unveiled an EU executive team on Wednesday that handed key economic responsibilities to French and British commissioners but overseen by others in a new-look hierarchy.
Wednesday, September 3rd 2014 - 23:00 UTC
EC fines Philips, Samsung and Infineon for 'collusion' in price-chips for smart phones

Philips, Samsung and Infineon have been fined 138m Euros by the European Commission (EC) for fixing prices of chips in used in smart-phones. The electronics giants “colluded” on pricing, contracts and capacity between 2003 and 2005, the EC said.