A no-deal Brexit could lead to the break-up of the UK, the ex-president of the European Council has warned. Herman Van Rompuy told The Observer leaving the EU without a deal posed an existential threat to the UK. He added a no-deal scenario would have a big impact on regions such as Scotland.
US President Barack Obama has told the European Union it cannot rely on the United States alone to reduce its dependency on Russian energy, as relations with Moscow chill over its seizure of Crimea from Ukraine.
Trade negotiations between the European Union and Mercosur could move quickly once a technical meeting next month has taken place, EU Commission President Jose Manuel Barroso said after a meeting on Monday with Brazilian President Dilma Rousseff in Brussels and the European Council president Herman Van Rompuy.
Brazil trusts Mercosur and the European Union can exchange the proposed tariff lists for a free trade agreement keeping to the original schedule, before the end of the year, according to the country's foreign ministry.
European Union governments and institutions must take immediate action to promote growth and jobs creation as countries are tired of austerity, European Council President Herman Van Rompuy said this week.
After lengthy talks in Brussels European leaders have reached an agreement on the budget for 2014-20 with a ceiling of 960 billion Euros, the first time the EU multi-annual budget has been reduced.
Cuba formally assumed Monday the presidency of the Community of Latinamerican and Caribbean States during the group’s summit in Chile calling for regional integration and independence from the United States.
European Central Bank (ECB) president Mario Draghi spoke on Thursday of a positive contagion in the Euro zone economy, saying that the financial situation is improving and growth is set to return in the second half of the year.
The European Union and Mercosur will resume talks on a free trade agreement during a coming summit in Brazil and later at a meeting in Santiago de Chile, both in January, according to the EU chief delegate in Brazil, Ana Paula Zacarias.
European Union looks set for a new round of clashes this week as an extraordinary summit called to agree a long-term trillion-Euro budget heads for an ugly showdown, possibly even failure.