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MercoPress, en Español

Montevideo, October 27th 2025 - 06:45 UTC

Tag: European Union

  • Friday, August 4th 2017 - 08:35 UTC

    Brexit uncertainty pounding the economy says Bank of England governor

    ”It's evident...that uncertainties about the eventual relationship (with EU) are weighing on the decisions of some businesses”, said Mark Carney

    The governor of the Bank of England has warned that uncertainty over Brexit is already weighing on the economy. Mark Carney's comments came as the Bank voted to hold rates and cut growth forecasts. It edged this year's growth forecast down to 1.7% from its previous forecast of 1.9% made in May and also cut the forecast for 2018 from 1.7% to 1.6%.

  • Wednesday, August 2nd 2017 - 08:36 UTC

    Lord Hague supports Hammond for pushing for a Brexit transitional deal

    The ex-foreign secretary indicated the Chancellor deserves credit for pushing for a transitional deal which preserves close ties to Brussels

    Philip Hammond has been backed by former Tory leader Lord Hague amid ongoing Cabinet tensions about the approach to Brexit. The ex-foreign secretary said the Chancellor deserves credit for pushing for a transitional deal which preserves close ties to Brussels, giving time for a new trading relationship to be established and avoiding turning Brexit into a “disaster”.

  • Tuesday, August 1st 2017 - 21:39 UTC

    The United Kingdom Needs More Europe, Not Less

    Mike Gapes Labour MP

    By Mike Gapes (*) For the future security and stability of our country, our continent and the world this is the worst possible moment for the UK to be leaving the European Union. Unfortunately, we are planning to leave our European partners at a time when there is going to be less and less agreement amongst the most important countries about how to deal with current and emerging global problems.

  • Tuesday, August 1st 2017 - 18:39 UTC

    EU Banking and Medicine authorities moving out of UK

    The Irish government is marketing Dublin, with a brochure that highlights the city's business culture as well as “beaches and mountains on its doorstep”.

    An estimated twenty European Union countries are expected to submit bids to provide a new home for two agencies that will be relocated from the UK after Brexit. The European Banking Authority (EBA) and European Medicines Agency (EMA), based in Canary Wharf in London, employ just over 1,000 staff between them.

  • Tuesday, August 1st 2017 - 07:24 UTC

    PM May's office denies freedom of movement will continue once UK leaves EU

    Downing Street moved to make clear free movement will end when the UK leaves. It said: “It would be wrong to suggest it... will continue as it is now.”

    Suggestions that freedom of movement will continue after the United Kingdom leaves the EU are wrong, Downing Street has said. Last Friday, Chancellor Philip Hammond warned full controls could take “some time”, prompting speculation free movement may continue in all but name after the UK leaves in March 2019.

  • Saturday, July 29th 2017 - 12:23 UTC

    Gibraltar reminds Madrid of close cross-border cooperation and the 7.800 Spaniards working in the Rock

    Speaking in San Roque at a forum from the University of Cadiz, Picardo highlighted how Gibraltar had attracted new business since the Brexit vote

    Gibraltar will continue to grow in a post-Brexit world and Spain should not create obstacles to cross-border cooperation that will generate jobs and wealth for the region, Chief Minister Fabian Picardo told a seminar in the neighboring town of San Roque in Andalucía.

  • Saturday, July 29th 2017 - 11:46 UTC

    Post-Brexit trade deals and serious obstacles when it comes to food

    In the US, it is legal to wash chicken carcasses in chlorinated water to kill germs - but this has been banned in the EU since 1997

    As the United Kingdom begins contacts to negotiate new trade deals as it leaves the EU in 2019, food will be one of many areas that will need to be addressed. The ongoing spat over chlorine chicken highlights how tastes and safety practices around the world can differ hugely, since what might seem normal practice in one country can seem problematic elsewhere.

  • Monday, July 24th 2017 - 07:07 UTC

    Mercosur and Colombia agree to a limited list of tariff-free products

    “We will no longer have to pay tariffs so our cars can enter the Colombian market. More industry and more jobs for Argentina,” Minister Francisco Cabrera said

    Mercosur inked a trade deal with Colombia last Friday to allow limited quantities of tariff-free trade in products including automobiles, textiles and agrochemicals, Argentina's and Colombia's governments said.

  • Sunday, July 23rd 2017 - 12:23 UTC

    Bank of America moves European operations to “natural location” Dublin

    In a statement, Moynihan called Dublin the “natural location” for consolidating the bank’s legal entities, noting Bank of America already has an Irish-domiciled bank.

    The Bank of America announced Friday that Dublin will be the new base for its European Union operations following Britain’s decision last year to split from the EU. Brian Moynihan, CEO of the Charlotte-based bank, made the announcement during a trip to the Irish capital city. It becomes the latest large U.S. bank in recent weeks to disclose plans for continuing to serve clients in EU countries following the so-called Brexit vote in 2016.

  • Saturday, July 22nd 2017 - 12:31 UTC

    Hammond reportedly told Goldman Sachs he favors a Brexit lengthy transition period

    Hammond said that the majority of senior ministers now agreed on the need for a transition period. Leading Brexiteer Michael Gove endorsed that view on Friday.

    Chancellor of the Exchequer Philip Hammond reportedly told the board of U.S. investment bank Goldman Sachs that he was pushing for a lengthy transition period after Britain leaves the European Union, a source familiar with the talks said. The source said Hammond made a presentation to the Goldman Sachs board on June 29 when CEO Lloyd Blankfein was in London for the annual board meeting.