European Union Trade Commissioner Karel De Gucht is expected in Brazil to advance trade talks with Mercosur. Brazil currently holds the Mercosur rotating chair. The top EU official will visit Argentina later in the week.
European Union has reached an agreement on reforms in the financial sector with the creation of a European Systemic Risk Council and three new watchdogs covering banking, insurance and securities markets.
An anti-corruption academy co-sponsored by the United Nations opened Thursday in Austria with the aim of filling the rising global need for training, research and contemporary measures and techniques in the fight against corruption.
Mercosur Foreign Affairs ministers meeting on Monday in Argentina said they trust the European Union will match the latest offer from the South American block to make possible a trade and cooperation agreement that has remained elusive for years.
The population in the European Union (EU) rose to over 500 million this year, official figures released by the EU statistics office Eurostat on Tuesday showed.
A government debt crisis that has engulfed the Euro-zone should serve as a “wake-up call” for European governments to keep a more watchful eye on their budgets, the International Monetary Fund (IMF) said Wednesday.
The European Farmers and Agri-Cooperatives organizations, Copa-Cogeca, called on Tuesday for a “solid” Common Agriculture Policy, CAP, to protect European farmers from Mercosur (Argentina, Brazil, Paraguay and Uruguay) countries’ competition.
Risk rating agency Moody’s cut on Monday Ireland's credit rating, warning the country faces a slow climb out of recession as the cost of a rescue of its banking sector mounts.
The IMF and EU suspended a review of Hungary's funding program, set up in 2008 to save the country from financial meltdown, saying it must take tough action to meet targets for cutting its budget deficit.
The nightmare of BSE (Bovine Spongiform Encephalitis – or Mad Cow Disease) is mercifully almost forgotten in the EU now. In total almost 200,000 cases of BSE were discovered in the EU. But there were only 67 cases last year and those were in very old animals probably infected many years ago.