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.
Brazilian Foreign Trade Secretary Welber Barral flies Monday to Dominican Republic to promote bilateral and advance towards a road map for an agreement with Mercosur.
Brazilian and European business leaders gathered in Brasilia urged their governments to reach an “ambitious and balanced” trade agreement between Mercosur and the EU, and give first priority to the conclusion of the WTO Doha round talks.
The recent resumption of negotiations for a cooperation and free trade agreement between Mercosur and the European Union will be at the heart of the EU/Brazil summit scheduled to begin Wednesday in Brasilia.
The first week of negotiations in years between the European Union and Mercosur to reach a political and trade association agreement that took place in Buenos Aires did not end well.
Negotiations for a trade agreement between the European Union and Mercosur, re-launched this week in Buenos Aires, could not have a second chapter if the Argentine government insists in restrictions to food imports, said the head of the EU delegation.