Tag: European Commission

Tuesday, July 30th 2013 - 02:23 UTC
EU and China reach an ‘amicable solution’ on solar panel imports

The European Commission says it has reached “an amicable solution” with Beijing in a row over imports of Chinese solar panels. Both sides have agreed a minimum price for the panels, EU Trade Commissioner Karel De Gucht said.
Thursday, June 27th 2013 - 04:56 UTC
France confirms recession and budget deficit above EU 3% ceiling

The weak state of the French economy and uncertain outlook for budget targets was in focus on Wednesday after official data confirmed that the country is in recession. Weak growth and public finances in France are of acute concern to the European Commission and to Germany which is the main powerhouse in the Euro zone.
The figures are also watched closely on nervous financial markets.
Monday, June 24th 2013 - 19:01 UTC
EC clears purchase of NYSE Euronext by INE for 8.2bn dollars

The European Commission gave unconditional approval for Intercontinental Exchange (ICE) to buy NYSE Euronext for 8.2 billion dollars a deal that strengthens ICE's presence in the lucrative derivatives trading business.
Tuesday, June 18th 2013 - 02:28 UTC
US and EU agree to launch ambitious free-trade negotiations in Washington in July

The United States and European Union launched negotiations on one of the world's most ambitious free-trade agreements on Monday, promising thousands of jobs and speedier growth on both sides of the Atlantic.
Saturday, June 15th 2013 - 13:56 UTC
Falklands: “British sovereignty over the Islands as such, is not accepted by the European Parliament”

“British sovereignty over the Malvinas Islands as such is not accepted by the European Parliament”, according to a visiting delegation of EU lawmakers who met with their Argentine peers in Buenos Aires.
Friday, June 14th 2013 - 10:57 UTC
EU wants to extend the tax-evasion network to financial income by non residents

The European Commission is seeking to up the fight against tax evasion within the European Union. The Commission wants governments to automatically exchange information on a wide range of financial income earned in their countries by non-residents.
Thursday, June 13th 2013 - 09:23 UTC
France conditions EU/US free trade talks demanding exclusion of movies and digital media

France threatened to block the start of free trade talks between the European Union and the United States if movies and digital media are not kept out the negotiations. Two days before EU countries are supposed to give the go-ahead for negotiations France said it would veto the talks unless the sector - that it sees as crucial to its cultural identity and under threat from Hollywood - is excluded.
Friday, June 7th 2013 - 07:52 UTC
Following the scandal, Libor to come under supervision of EU Paris-based regulator

European authorities are to propose bringing control of the inter-bank lending rate, Libor, under the supervision of a Paris-based regulator. The draft regulation proposes moving oversight of the scandal-hit benchmark from London to the European Securities and Markets Authority (ESMA).
Wednesday, April 24th 2013 - 23:29 UTC
UK launches legal challenge against the EU financial transactions tax

The UK government has launched a legal challenge against plans for a European financial transactions tax (FTT), according to the BBC. The FTT will be adopted by 11 EU states, but not by the UK and Ministers fear it could be imposed on UK firms trading with businesses based in one of the 11 states.
Thursday, March 14th 2013 - 09:03 UTC
Falkland Islands’ referendum: for Canada results are ‘very clear’ but for EC it was an ‘internal affair’

The Canadian government said on Wednesday that the results of the Falkland Islands referendum are “very clear” and “only” the people of the Islands are entitled to decide on their future. However the European Commission refused to get involved in the discussion arguing it is an “internal affair” of an EU member.