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MercoPress, en Español

Montevideo, May 8th 2024 - 01:42 UTC

Tag: European Union

  • Thursday, June 7th 2018 - 08:25 UTC

    The terrorism 2004/2016 bill cost the UK 43.7bn Euros, says Rand Europe

    Incidents at Westminster, Manchester, London Bridge, Finsbury Park and Parsons Green may have led to a loss in economic output of around 3.5 billion Euros

    Terrorism has hit the UK’s economy harder than any other EU country in recent years, according to a study. Analysis found the UK lost an estimated 43.7 billion Euros (£38.3 billion) in GDP terms due to terrorist activity from 2004 to 2016, according to a report published by the Press Association.

  • Thursday, June 7th 2018 - 08:15 UTC

    “Feminist cabinet” in Spain, 11 of 17 women ministers including defense, economy and finance

    Sánchez mix of party colleagues and experienced figures from outside politics is being described in Spain as a “feminist cabinet”.

    Spain's Socialist Prime Minister Pedro Sánchez has given 11 of his 17 cabinet posts to women, a higher proportion than anywhere else in Europe. A self-styled feminist, Sánchez' choice was in marked contrast to the male-dominated executives of ex-PM Mariano Rajoy, ousted last week.

  • Thursday, June 7th 2018 - 07:32 UTC

    UK fully recognizes the priorities of Gibraltar, ministers tell the Rock delegation

    Chief Minister Fabian Picardo described the meeting as “very helpful” with “very positive progress for Gibraltar as a result”.

    The UK said it continued to work with Gibraltar towards a Brexit deal that “fully recognizes the priorities of the Rock”. The Department for Exiting the European Union made the statement after the seventh meeting of the Joint Ministerial Council between the United Kingdom and Gibraltar Governments, which took place in London at the Cabinet Office on Monday morning.

  • Thursday, May 31st 2018 - 08:36 UTC

    EU pledges more funds to combat populism and migrant crisis

    The EC, the bloc's executive arm, proposed the regional shift in the “cohesion” portion of the post-2020 multi-year budget as Italy faces political chaos.

    The European Union has proposed spending more on Italy and other member countries hit by the economic and migrant crises, but less on increasingly wealthy eastern states like Poland. The European Commission, the bloc's executive arm, proposed the regional shift in the “cohesion” portion of the post-2020 multi-year budget as Italy faces political chaos.

  • Wednesday, May 30th 2018 - 09:26 UTC

    Global markets and the Euro his hard by the Italian political stalemate

    Italy plunged into crisis when President Sergio Mattarella vetoed the nomination of a fierce euro skeptic as economy minister

    Asian equities and the euro sank Wednesday as turmoil in Italy sparked a frantic dash for safety, while investors have also been spooked by fresh worries about the China-US trade row. Global markets have been sent into a tailspin as a political crisis unfolding in Rome has thrust the stability of the Euro zone and European Union back on to the agenda.

  • Wednesday, May 30th 2018 - 09:18 UTC

    Italian lawmakers demand EU budget commissioner be forced out of office

    EU commissioner Oettinger said here had been a “noticeable downturn” in government bonds, banks' market values and in Italy's economy in general”

    Senior Italian politicians on Tuesday called for EU budget commissioner Gunther Oettinger to resign over an “absurd” comment in which he voiced the hope that the country's poor economic situation will keep populist parties out of government.

  • Wednesday, May 30th 2018 - 09:13 UTC

    EU facing an existential crisis, argues billionaire George Soros

    Addressing the European Council on Foreign Affairs, a think tank he helped found, Soros said: “Divorce will be a long process, taking more than five years”.

    Anti-Brexit billionaire George Soros has urged the EU to “transform itself into an association that countries like Britain would want to join”. Soros said in a speech that Brexit was an “immensely damaging process” for both sides that would “probably” take more than five years to sort out. He warned the EU was “facing an existential crisis” on several fronts.

  • Tuesday, May 29th 2018 - 09:04 UTC

    Nicola Sturgeon in Brussels raised Scottish concerns over Brexit

    Sturgeon told Mr Barnier that the Scottish government believed the UK should remain within the customs union and single market after leaving the EU. (Reuters)

    Nicola Sturgeon has raised Scottish concerns over Brexit in a meeting with chief EU negotiator Michel Barnier. The first minister said they held a “constructive and positive discussion” during her trip to Brussels. She said she told Mr Barnier that the Scottish government believed the UK should remain within the customs union and single market after leaving the EU.

  • Tuesday, May 29th 2018 - 08:11 UTC

    Italy's Mattarella appoints ex IMF interim prime minister and quells the situation... for now

    President Sergio Mattarella vetoed the parties' choice of a euro skeptic as economy minister, prompting populist parties to accuse the president of betraying voters

    Italy's president set the country on a path back to fresh elections on Monday, appointing a former International Monetary Fund official as interim prime minister with the task of planning for snap polls and to pass the next budget. The decision to appoint Carlo Cottarelli to form a stopgap administration sets the stage for elections that are likely to be fought over Italy's role in the European Union and the euro zone, a prospect that is rattling global financial markets.

  • Saturday, May 26th 2018 - 08:39 UTC

    Brexit talks in Brussels lead to strong exchanges with Chancellor Hammond

    “There are obviously a wide range of views on both sides but everybody that I have engaged with has been very constructive, very keen”, Hammond said

    Chancellor Philip Hammond has criticized claims from European Union officials that Britain has a “fantasy” approach to Brexit negotiations. Mr Hammond insisted that talks with EU officials were “constructive” after reports from the continent that Britain was being “unrealistic” and little progress made in discussions in recent days.