Tag: Valdis Dombrovskis

• Tuesday, September 22nd 2020 - 08:57 UTC

  EU conditions ratification of trade deal with Mercosur: France and Germany lead objections

  

  The European Union expects a clear commitment from Mercosur countries, particularly Brazil, that it will respect the sustainability issues included in the EU/Mercosur trade agreement, before any deal is ratified.

• Monday, July 29th 2019 - 09:57 UTC

  EU warns Argentina and Brazil on credit agencies ratings regulations

  

  The European Commission will deem that Canada, Brazil, Singapore, Argentina and Australia don't regulate credit ratings agencies with the same rigor as the EU, the Financial Times reported on Sunday, citing a document. The decision would withdraw some market access rights of the country, removing a status that makes it possible for European banks to rely on the ratings.

• Thursday, December 20th 2018 - 09:14 UTC

  European Union starts implementing preparations for a no-deal Brexit

  

  The European Commission says it has started to implement its preparations for a no-deal Brexit - in case the UK leaves the EU without a plan. It has announced temporary measures to try to reduce the impact but says it cannot counter all the problems it expects.

• Wednesday, October 24th 2018 - 08:56 UTC

  EC tells Italy to revise its budget but ruling populists vow to go ahead with electoral promises

  

  The European Commission has told Italy to revise its budget, an unprecedented move with regard to an EU member state. EC is worried about the impact of higher spending on already high levels of debt in Italy, the Euro zone's third-biggest economy.

• Friday, January 3rd 2014 - 05:46 UTC

  Latvia becomes the 18th member of the Euro club: not all Latvians convinced

  

  Latvia woke up to both a New Year and a new currency Wednesday after the ex-Soviet Baltic state swapped its cherished 'lats' for the euro at midnight, becoming the 18th member of the troubled Euro-zone. The entry of the country of two million people capped another turbulent year for the Euro zone, recovering gradually from a crippling debt crisis and ensuing recession.