Tag: European Union

• Saturday, May 23rd 2020 - 09:20 UTC

  Soros warns EU survival threatened unless it issues perpetual bonds to prop weak members

  

  George Soros, the billionaire financier, has cautioned that the European Union's survival was threatened by the novel coronavirus unless it could issue perpetual bonds or “consols” to help weak members such as Italy.

• Friday, May 22nd 2020 - 08:59 UTC

  Argentina reaffirms commitment to Mercosur but remains cautious about EU accord

  

  Argentine Foreign Minister Felipe Solá reaffirmed on Thursday the decision of president Alberto Fernandez's government to continue being part of Mercosur. When asked about links with the other member countries of the bloc, Solá said that a “rupture or union depends on the political will of the governments and our will is, that we are not on the rupture path”

• Wednesday, May 20th 2020 - 08:55 UTC

  British supermarkets and EU investors warn Brazil if an Amazon contentious bill is approved in congress

  

  British supermarkets have warned Brazil they might have to boycott its products if lawmakers there pass a contentious bill that could enable faster destruction of the Amazon rainforest.

• Tuesday, May 19th 2020 - 08:03 UTC

  France and Germany confirm alliance and propose 500 bn Euro recovery fund for Europe

  

  France and Germany proposed on Monday a 500-billion-euro (US$545-billion) fund to finance the recovery of the European Union's economy from the devastation wrought by the coronavirus crisis.

• Saturday, May 16th 2020 - 07:49 UTC

  Britain-EU round of post Brexit talks end with scant progress

  

  Britain and the European Union urged each other on Friday to give ground in talks over a post-Brexit trade deal or risk failure in tetchy exchanges after the latest bout of bargaining ended with scant progress.

• Thursday, May 14th 2020 - 08:05 UTC

  EU plans to revive the air travel industry; Europeans consumers have the right to cash refunds

  

  Airlines will not have to leave seats empty, but passengers flying in the European Union will have to wear masks on planes and in airports under plans to revive the travel industry.

• Monday, May 11th 2020 - 08:07 UTC

  Netherlands aligns with “protectionist” French policy in trade deals conditions

  

  France and the Netherlands have joined forces to urge the European Union to enforce environmental and labor standards more forcefully with countries the bloc signs trade deals with, according to a document anticipated by the Financial Times.

• Saturday, May 9th 2020 - 08:40 UTC

  Germany fears a hard Brexit, as UK moves away from political negotiations

  

  German Foreign Minister Heiko Maas said in a newspaper interview on Saturday there was a growing risk of a hard Brexit in the midst of the coronavirus crisis as negotiations between Britain and the European Union so far on the future trade relationship had yielded hardly any progress.

• Thursday, April 30th 2020 - 05:56 UTC

  EU and Mexico finalize upgrade of free trade deal with reciprocal market access

  

  The European Union and Mexico finalized a major upgrade to their free trade deal on Tuesday after the two sides agreed to grant reciprocal market access to each other’s tenders for public contracts.

• Monday, April 27th 2020 - 07:59 UTC

  Mercosur: Argentina only interested in block's negotiations with Europe

  

  In the midst of the chaotic situation caused by the pandemic, the Argentine government announced the abandonment of Mercosur negotiations to prioritize the country’s domestic economy and the struggle against the virus. The rest of the bloc members must evaluate legal, institutional, and operational measures emerging from the decision.