Tag: European Union

• Monday, October 6th 2014 - 07:07 UTC

  EU and US advance in trade talks but high barriers remain

  

  Officials from the United States and the European Union say they have made progress as they seek to sweep away trade barriers. Teams from the two sides have held a week of discussions in Chevy Chase, Maryland. If successful an agreement would create the world's biggest free trade zone.

• Monday, September 22nd 2014 - 04:16 UTC

  Mujica brags on foreign policy; Latam ready to play a larger role in peace issues, Europe has lost clout

  

  Uruguay's president Jose Mujica said the latest world events show that Europe 'has lost clout' in global affairs, and has lost strength as 'peace mediator', and this role could be “much better performed by Latin America”.

• Friday, September 19th 2014 - 07:28 UTC

  EU hopeful the free trade accord with Mercosur will be reached next year

  

  Once the EU and Mercosur exchange their proposals for a free trade agreement, negotiations will 'move fast' and the deal should be closed sometime in 2015, according to EU ambassador in Montevideo, Juan Fernandez Trigo. But he also pointed out that he expected Mercosur proposal to be in accordance with terms established in 2010.

• Wednesday, September 3rd 2014 - 05:26 UTC

  UK and Germany main beneficiaries of Spain's brain drain

  

  Spain is among the European countries hardest hit by the so-called 'brain drain' effect with thousands of professionals including nurses and teachers taking steps to leave the country in recent years, new figures from the European Union show.

• Wednesday, August 13th 2014 - 07:09 UTC

  Brazil admits EU/Mercosur deal stalled because of European concerns about agriculture

  

  Brazil's agricultural competitiveness is a concern to countries and trade blocks negotiating agreements with Brazil, according to ambassador Paulo Estivallet de Mesquita, head of the Economics Department of the country's Ministry of Foreign Relations (MRE).

• Monday, August 11th 2014 - 22:19 UTC

  Leading economies showing overall steady growth trend, says OECD

  

  Leading economies are showing a steady growth trend overall, although Britain is doing particularly well and Japan and Germany are showing signs of losing pace, the OECD (Organization for Economic Cooperation and Development) said on Monday.

• Saturday, August 9th 2014 - 06:33 UTC

  Bank of England inflation forecast, next week could give an idea on future hike

  

  The Bank of England opted this week to keep its main interest rate at a record-low level of 0.50% against a backdrop of solid British economic growth. The central bank's nine-member monetary policy committee decided also to maintain the level of cash stimulus in the economy at £375 billion, it said in a statement.

• Thursday, August 7th 2014 - 08:10 UTC

  Rousseff claims EU has yet to agree on a proposal to exchange with Mercosur

  

  President Dilma Rousseff claimed before the Brazil's farmers lobby that the trade agreement between Mercosur and the European Union is stalled and is not fulfilled because of the 'resistance' from several European countries, and specifically named France, Hungary and Ireland.

• Thursday, August 7th 2014 - 06:32 UTC

  Mercosur trade deal is a priority for the EU under Italian presidency

  

  Foreign minister Federica Mogherini pledged that under the current Italian presidency of the European Union, top priority will be given to signing the pending trade agreements, among which that with Mercosur still under discussion.

• Monday, August 4th 2014 - 07:27 UTC

  Argentina awarded by the EU beef 'feed-lot quota' of 48.200 tons

  

  The European Union (EU) has recognized Argentina as one of the few countries able to export high-quality beef under the “feed-lot quota” to the European market, a press release from the Argentine Foreign Ministry informed on Sunday.