Tag: European Commission

• Wednesday, September 5th 2012 - 00:14 UTC

  EC regrets stances of “protectionism” and “populism” in some Mercosur members

  

  The president of the European Commission Jose Durao Barroso said on Tuesday that the EU 27 members still want to reach a free trade agreement with Mercosur, but warned that the “protectionist stances” from some of its members makes it difficult.

• Tuesday, September 4th 2012 - 01:25 UTC

  Germany stands firm: ECB is not prepared to supervise all Euro zone banks

  

  German Finance Minister Wolfgang Schaeuble rejected on Monday a European Commission plan to give the European Central Bank sweeping powers to monitor all Euro zone banks, saying it should instead focus only on systemically important institutions.

• Friday, August 31st 2012 - 01:10 UTC

  EC with “no powers to intervene” in Spain/Gibraltar bay fishing dispute

  

  The European Commission has told a South West of England and Gibraltar Member of the European Parliament that it has no powers to intervene in the ongoing standoffs at sea between local law enforcement agencies and the Guardia Civil.

• Wednesday, August 29th 2012 - 21:16 UTC

  EU threatens to impose tariffs on bio-diesel imported from Argentina

  

  The European Union threatened on Wednesday to impose tariffs on bio-diesel imported from Argentina and also Indonesia. The announcement was made today on the bloc’s Official Gazette.

• Tuesday, August 28th 2012 - 06:46 UTC

  Europe waiting for Mercosur to overcome ‘Paraguay situation’ and resume trade talks

  

  The European Commission remains “on hold” waiting for the evolution of events in Mercosur with the incorporation of Venezuela as full member and the suspension of Paraguay, before addressing a new round of association and trade negotiations.

• Monday, August 27th 2012 - 03:46 UTC

  EU calls Britain and Spain to cooperate on nature protection issues in Gibraltar waters

  

  The European Commission has again urged Britain and Spain to cooperate on nature protection issues in Gibraltar waters, according to press reports in Spain. The reports cited anonymous Brussels officials saying the Commission had asked both countries to work to that end.

• Thursday, July 26th 2012 - 09:00 UTC

  EC criticizes US risk rating agencies handling of the Euro-zone crisis

  

  A top official from the European Commission was particularly critical of the credit risk rating agencies in their handling of the Euro crisis and Germany brushed aside the latest rating agencies announcement saying the country is in a very sound economic and financial situation.

• Wednesday, July 25th 2012 - 19:33 UTC

  EC says manipulation of financial “benchmarks” to become “criminal offence”

  

  The European Commission has adopted amendments to the proposed Regulation and Directive on insider dealing and market manipulation, following the recent LIBOR and EURIBOR scandals.

• Wednesday, July 11th 2012 - 22:23 UTC

  Italy’s caretaker PM Monti says next year’s election can be looked at “with serenity”

  

  Italy's technocrat Prime Minister Mario Monti, appointed last year to steer his country through a debt crisis, said he was confident a stable government would be formed after elections in 2013, playing down fears of deadlock after he steps down.

• Friday, July 6th 2012 - 15:38 UTC

  EU prepared for talks with an expanded Mercosur that includes Venezuela

  

  The European Commission has said it will continue negotiations on an association agreement with Mercosur even if Venezuela finally becomes a full member of the group and will address the issue on a “region to region” basis.