Tag: European Union

• Thursday, September 26th 2013 - 05:28 UTC

  EU team begins collecting data on Spain/Gibraltar border crossing row

  

  A team of European Union inspectors are visiting Gibraltar to investigate a border row that has caused diplomatic tensions between the UK and Spain. London and British Overseas Territory Gibraltar complained to the EU that Spain's over-zealous checks on border traffic were holding up workers and tourists. Spain accuses Gibraltar of not doing enough to combat cigarette smuggling.

• Wednesday, September 25th 2013 - 05:34 UTC

  Germany’s ‘Mom’ Angela no darling for the EU Mediterranean members

  

  Southern Europeans are facing four more years of ‘mutti’ (Mom) Angela Merkel — whether they like it or not. Majorities of 82% in Spain, 65% in Portugal and 58% in Italy repudiate the German leader’s handling of the Euro area’s debt crisis, blaming her for drastic cuts in social services, recession and record unemployment, according to a German Marshall Fund poll released last week.

• Tuesday, August 27th 2013 - 01:05 UTC

  EU will decide if cement blocks dumped in Gibraltar Bay is an environmental crime

  

  Brussels will determine whether the 70 cement blocks dumped in the Gibraltar bay are legal or not, according to the European Union spokesperson Olivier Bailly who anticipated an EC fact finding mission can be expected next month to visit the controversy area.

• Wednesday, August 14th 2013 - 20:16 UTC

  EU climbs out of 18-month recession led by Germany and France, but still fragile

  

  European stock markets mostly rose on Wednesday after official data showed that the Euro zone had finally escaped from a record 18-month recession. The Euro-zone climbed out of recession with surprisingly strong growth of 0.3 percent in the second quarter led by Germany and France, announced the European Union.

• Monday, August 12th 2013 - 18:06 UTC

  EU confirms no block-to-individual Mercosur member trade negotiation has been requested

  

  The 28-country European Union underscored the potential benefits of a free trade agreement with Mercosur and revealed that so far no country member of the group has requested to a bilateral negotiation.

• Monday, August 12th 2013 - 18:03 UTC

  Brazil urged for agreement with EU, since next year it will lose trade preferences

  

  Brazil, Latin America‘s biggest economy, is planning to try to negotiate a separate trade deal with the European Union, Foreign Minister Antonio Patriota said in remarks published Monday.

• Saturday, August 3rd 2013 - 01:41 UTC

  EU FTA agreements with Colombia and Central America became effective August first

  

  Free trade agreements, FTA, signed by the European Union with Colombia, and with Central American countries Honduras, Nicaragua and Panama became effective August first as part of the EU strategy to eliminate tariffs on trade with Central American and the Andean region.

• Friday, August 2nd 2013 - 03:55 UTC

  Brazil supports IMF aid to Greece and summons delegate back home to explain

  

  Brazil on Thursday expressed support for the IMF latest aid package for Greece, disavowing its IMF delegate who abstained in a vote on the issue. Finance Minister Guido Mantega spoke with IMF chief Christine Lagarde and backed the Fund's decision to release 1.7 billion Euros in rescue loans to ailing Greece Monday, his spokesman said.

• Friday, August 2nd 2013 - 02:42 UTC

  Euro rates to remain unchanged for extended period of time, says ECB

  

  The European Central Bank left interest rates at a record low 0.5% on Thursday and said that they will remain there for some while to come and could yet fall further. ECB President Mario Draghi hinted that policy would not be tightened until well into next year at the earliest, although the central bank will give no time horizon for when rates might move.

• Friday, August 2nd 2013 - 02:33 UTC

  France’s Council of State lifts ban on growing GM corn from Monsanto

  

  The battle over growing genetically modified crops in France flared anew on Thursday as the country's top administrative court overturned a government ban on growing GM corn sold by the US giant Monsanto.