Tag: European Union

• Wednesday, July 18th 2012 - 16:57 UTC

  ECB warns Euro countries will have to yield fiscal, debt and economic policy sovereignty

  

  The Euro zone will have to get powers to limit the debt issuance of its members, intervene in national budgets and change national policies to build a deeper economic union, ECB Executive Board Member Joerg Asmussen said.

• Monday, July 2nd 2012 - 06:19 UTC

  PM Cameron suggests referendum on UK’s conditions and EU membership

  

  British Prime minister David Cameron has indicated that a referendum on the United Kingdom’s conditions of European Union membership is increasingly likely, but ruled out one that offers voters a straight “in or out” choice.

• Saturday, June 30th 2012 - 05:25 UTC

  Relief in EU: German parliament approved Euro rescue fund and fiscal pact

  

  As expected, more than two-thirds of the lawmakers in Germany's parliament moved on Friday to approve the permanent Euro rescue fund, the European Stability Mechanism, and a fiscal pact long championed by Chancellor Angela Merkel.

• Tuesday, June 19th 2012 - 06:31 UTC

  EU announces at G20 ‘Tobin tax’, opposed by US. UK and Sweden

  

  The European Union will “soon” move forward with a financial transaction tax (FTT), European Commission President Jose Manuel Barroso said Monday, as he also spoke in favour of Euro-bonds.

• Friday, June 8th 2012 - 20:11 UTC

  EU gets tough on border controls to address large-scale immigration

  

  European Union governments would be able to suspend passport-free travel in parts of Europe for as long as two years under regulations proposed on Thursday to address concerns over large-scale immigration.

• Monday, June 4th 2012 - 22:30 UTC

  Argentina accepts consultation with EU on trade restrictions and also drags Falklands’ to the dispute

  

  Argentina announced on Monday it had accepted the request from the European Union for a round of consultations, before the World Trade Organization, on the country’s controversial trade policies, but at the same time rejected all and every one of the questioned points and dragged the Falklands’ dispute into the fray.

• Friday, May 25th 2012 - 16:10 UTC

  EU files suit against Argentina with WTO, but it’s a long process

  

  The European Union filed a suit against Argentina's import restrictions with the World Trade Organization (WTO), European Union Trade Commissioner Karel De Gucht announced on Friday.

• Monday, May 14th 2012 - 23:22 UTC

  Bio-fuels expert forecast Argentina will become EU main supplier in spite of Spain

  

  Bio-fuels expert Christopher Berg and head of F.O. Licht forecasted that Argentina this year will become the largest exporter of bio-diesel to the European Union in spite of the Spanish veto to imports in retaliation for the seizure of YPF.

• Monday, May 14th 2012 - 19:11 UTC

  Germany prepares to receive Hollande but insists on tight austerity measures

  

  The European Union cannot amend agreed rules on tighter fiscal discipline despite voters' rejection of austerity policies in several countries, and France's new leader must understand this, Germany's finance minister said.

• Thursday, May 10th 2012 - 20:18 UTC

  Europe at risk of Japanese-style ‘lost decade’ claims Dutch central bank

  

  Europe is at risk of a Japanese-style “Lost Decade” of low economic growth, weak consumer spending, poor company investment and tougher borrowing conditions, the Dutch central bank said on Thursday.