Tag: European Union

• Thursday, November 14th 2013 - 21:39 UTC

  EU approves 2014 budget 7% lower; 62bn Euros to stimulate growth and jobs

  

  The European Union has clinched a deal on a sharply trimmed 2014 budget after a marathon 16-hour session ending a long dispute over how best to spend taxpayers' money. After decades of growth, next year's EU budget is set to be around 7% lower than this year's at 135.5 billion Euros in contributions by member states.

• Wednesday, November 13th 2013 - 19:02 UTC

  Spain warns “exhaustive checks” at border crossing with Gibraltar will continue

  

  The Spanish Government warned on Tuesday that it would continue to implement exhaustive checks on vehicles and pedestrians crossing into Spain from Gibraltar.

• Thursday, November 7th 2013 - 19:06 UTC

  Mercosur and Argentina top of the agenda in Mujica/Rousseff summit in Brasilia

  

  Mercosur negotiations, disputes with Argentina and economic complementation with Brazil are among the main issues of a long agenda that Uruguay and Brazil will address when President Jose Mujica visits his Brazilian peer Dilma Rousseff on Friday in Brasilia.

• Thursday, November 7th 2013 - 07:44 UTC

  EU recession close to inflection point but unemployment remains at 'unacceptable levels'

  

  The Euro zone economy's gross domestic product will grow 1.1% in 2014 and 1.7% in 2015, with imbalances diminishing as unemployment remains at unacceptable levels, the European Commission said in a report released earlier this week.

• Tuesday, November 5th 2013 - 07:23 UTC

  Mercosur meets in Caracas to consolidate `'joint and only presentation' before EU

  

  Mercosur members will be holding an extraordinary meeting in Caracas on 15 November to define an 'only joint position of the group ahead of the presentation to the European Union, in the framework of negotiations for the trade and cooperation accord, said Venezuelan foreign minister Elías Jaua.

• Monday, November 4th 2013 - 23:57 UTC

  EU lawmaker 'cautiously optimistic' about trade agreement with Mercosur in 2014

  

  A member from the European parliament, Jean Pierre Audy who headed a mission to Brazil last week said he was confident that next year the long standing negotiations for a free trade and cooperation agreement between the European Union and Mercosur “could be concluded”.

• Sunday, November 3rd 2013 - 12:07 UTC

  Russia, Ukraine, China block plans in CCAMLR to create Antarctica marine reserves

  

  Russia, Ukraine and China are being blamed for a failure of plans to protect almost 3 million square kilometers of ocean in Antarctica. After two weeks of discussions behind closed doors, the Conservation of Antarctic Marine Living Resources (CCAMLR) has failed to come to an agreement on new marine reserves.

• Saturday, November 2nd 2013 - 15:55 UTC

  Unemployment in Euro-zone remained at record high 12.2% in September

  

  The unemployment rate in the 17-nation Euro-zone remained at a record high of 12.2% in September as the bloc’s recent recovery failed to generate new jobs, official data shows. The number rose by 60,000 to 19.45 million, while the jobless rate for those aged under 25 edged up to 24.1% from 24% in August, according to Eurostat, the European Union’s statistics agency.

• Thursday, October 31st 2013 - 21:35 UTC

  Mercosur calls special meeting in November to consolidate trade proposal before the EU

  

  Mercosur will be holding a special meeting of foreign ministers next 15 November in Caracas to consolidate “Mercosur presentation before the European Union”, according to a release from the Argentine Foreign ministry.

• Tuesday, October 22nd 2013 - 22:59 UTC

  EU imposes punitive duties on biodiesel from Argentina alleging dumping

  

  European Union member states agreed to impose punitive duties on imports of biodiesel from Argentina and Indonesia, which are accused of selling it into the bloc at unfairly low prices, according to diplomats. Argentina has anticipated it will take the case to the World Trade Organization.