Tag: European Union

• 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.

• Wednesday, April 13th 2011 - 18:34 UTC

  Mercosur to release members’ same criteria macro-economic data beginning June

  

  Beginning June, Mercosur full members will share macro-economic indicators elaborated with the same criteria and which will be released simultaneously, according to reports in the Montevideo press. The initiative was partly financed by the European Union that also played an advisory role.

• Tuesday, April 12th 2011 - 21:04 UTC

  Majority of EU citizens want their fish from sustainable sources

  

  An overwhelming majority of EU citizens want the fish they buy to come from sources that are sustainable and not over-fished, according to an independent poll commissioned by World Wildlife Fund, WWF, and carried out in 14 EU countries.

• Monday, April 11th 2011 - 23:50 UTC

  FT forecasts Spain will be next in seeking financial assistance

  

  The mix of high external indebtedness, the fragility of the financial sector and the probability of further declines in asset prices increase the probability of a funding squeeze at some point means that “Spain will be the next country to seek financial assistance from the EU and the International Monetary Fund”, argues one of the Financial Times respected columnists.

• Friday, April 8th 2011 - 03:14 UTC

  Mercosur provides 3% of EU imports, which represent 20% of the block’s exports

  

  “Argentina is not a great trade partner for the European Union in absolute terms, but the EU is a crucial partner for Argentina”, pointed out the head of the EU delegation in Buenos Aires Alfonso Diez Torres.

• Thursday, April 7th 2011 - 09:11 UTC

  Portugal admits the facts, formally requests a bailout from the EU

  

  Portugal's caretaker government said on Wednesday it had decided to seek financing from the European Union in an abrupt turnaround after resisting a bailout for months despite sharply deteriorating financial conditions.

• Thursday, March 31st 2011 - 01:33 UTC

  EU says Argentina’s import restrictions hurt talks for trade deal with Mercosur

  

  Argentina's moves to restrict imports and prop up its shrinking trade surplus as well as European farmers resistance to ‘cheap’ meat imports could hurt talks for a trade deal between Mercosur and the European Union, an EU official said on Wednesday.