Tag: European Commission

• 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.

• Wednesday, March 13th 2013 - 03:36 UTC

  Europe ready to talk with the US to create the world’s largest free trade agreement

  

  The European Commission agreed Tuesday negotiating guidelines for talks with the United States on the world's biggest Free Trade Agreement, stressing a pragmatic approach to even sensitive subjects.

• Friday, March 1st 2013 - 13:29 UTC

  Euro-zone unemployment reaching 12%; Greece and Spain above 26%

  

  Unemployment in the Euro zone reached a new high of 11.9% in January, as an additional 201,000 people joined the jobless ranks in the crisis-battered bloc, latest data showed Friday. The unemployment rate has been increasing relentlessly since the middle of 2011.