Tag: European Union

• Tuesday, June 21st 2011 - 21:35 UTC

  Luxembourg has highest EU GDP per capita; 6.5 times Bulgaria

  

  Luxembourg is by far the richest country in the European Union in terms of GDP per capita, more than six times more affluent than the 27-nation bloc's poorest member Bulgaria, data showed.

• Sunday, June 19th 2011 - 22:46 UTC

  Greece and Spain react to the Euro-pact of painful economic reforms

  

  As the Euro crisis debt crisis expands, Greek Prime Minister George Papandreou appealed to parliament to support a new cabinet appointed to push through painful economic reforms, saying a debt default would be catastrophic for the country and the European Union.

• Wednesday, June 8th 2011 - 06:05 UTC

  Croatia is “ready to join EU” and “good news” expected on Friday

  

  The European Commission will recommend that EU member governments finalize accession talks with Croatia, clearing an important hurdle on Zagreb's path to joining the 27-strong bloc.

• Wednesday, June 1st 2011 - 08:34 UTC

  Mix of Belgian sacrifices and banks rolling over expiring bonds, proposal for Greece

  

  European Union’s top economic official said a solution to keeping Greece solvent is combining bold deficit cuts reminiscent of Belgian sacrifices in the 1990s and willingness by lenders to roll over expiring bonds, adapting what was done in Eastern Europe two years ago.

• Saturday, May 14th 2011 - 05:07 UTC

  World’s main trading nations remain divided on global agreement: Doha Round doomed?

  

  The world's main trading nations remain divided over a global trade deal despite a compromise plan put forward by the European Union to rescue the stalled Doha trade round, the EU trade chief said.

• Thursday, May 12th 2011 - 16:46 UTC

  EU votes for mandatory labeling or real fur or leather content in textiles

  

  Consumers will no longer risk inadvertently buying textiles that contain real fur or leather, thanks to new textile labeling rules approved by the European Parliament.

• Tuesday, May 3rd 2011 - 22:52 UTC

  Portugal reaches agreement with EU and IMF for 116 billion dollars bail-out

  

  Portugal’s caretaker Prime Minister Jose Socrates announced Tuesday that he has reached agreement on a bail-out from the EU and the International Monetary Fund. He said the three-year loan was a “good agreement that defends Portugal”.

• Tuesday, May 3rd 2011 - 00:32 UTC

  Farmers warn European Parliament of ‘catastrophic impact’ of trade accord with Mercosur

  

  European farmers insisted Monday before the European Parliament on the “catastrophic impact” that a trade agreement with Mercosur could have for the EU agriculture.

• Thursday, April 28th 2011 - 18:48 UTC

  EU report quantifies losses for farmers from a trade accord with Mercosur

  

  A week before the next round of negotiations for an ambitious association and trade agreement between the European Union and Mercosur, a paper from the EU Joint Research Study centre, JRS, quantifies the alleged losses of such a deal for European farmers.

• Friday, April 22nd 2011 - 05:10 UTC

  EU increases Argentine prime beef Hilton quota by 1.500 tons

  

  The European Union and Argentina agreed to increase Argentina's lucrative Hilton Quota of high-end beef exports by 1,500 metric tons annually, according to a release in Buenos Aires from the Foreign Ministry late Wednesday.