All posts tagged "European Union"
EU Starts Legal Action Against 4 States Over VW Emissions
BRUSSELS — The European Union is starting legal action against Britain, Germany, Spain and Luxembourg for not imposing penalties against Volkswagen for using illegal software to hide vehicle emissions. The European Commission also said Thursday that it...
- Posted December 8, 2016
EU Fines 3 Banks $520 Million over Rate Market Rigging
BRUSSELS – European Union regulators on Wednesday fined banks JPMorgan Chase, HSBC and Credit Agricole a combined $520 million for colluding to manipulate the price of financial products linked to interest rates. EU antitrust Commissioner Margrethe Vestager...
- Posted December 7, 2016
Think Tank Plans Legal Action to Keep UK in EU Single Market
LONDON — A pro-Europe think tank says it is willing to take the British government to court to try and keep the U.K. in the European Union single market once it leaves the bloc. The group British...
- Posted November 28, 2016
EU Gets Tough: Bloc Tells UK Brexit is Lose-Lose Situation
LONDON — Since Britain voted to leave the European Union, U.K. officials have had one message: Brexit means Brexit. Now they have EU leaders’ reply: And it’s going to hurt. The prime minister of Malta, whose country...
- Posted November 25, 2016
Greece says bailout hard line could be ‘social disaster’
ATHENS, Greece – A new round of talks between Greece’s government and international creditors paused Tuesday, with Athens accusing bailout hardliners of proposing tough new cuts that would be a “social disaster.” Greece wants to overcome differences...
- Posted November 22, 2016
Greece sticks with high growth target in 2017 budget
ATHENS, Greece – The Greek government says the country’s economy is set to grow a decade-high rate of 2.7 percent next year despite maintaining high taxes linked to international bailout agreements. The government stuck to its ambitious...
- Posted November 21, 2016
EU Sees Pause in Talks on Free Trade Deal With US
BRUSSELS — The European Union’s top trade official says talks on the planned Trans-Atlantic trade deal are set to be put on hold following the election of Donald Trump in the United States. EU Trade Commissioner Cecilia...
- Posted November 11, 2016
Brexit Hits Speed Bump as Court Rules Lawmakers Must Get Say
LONDON — Britain’s plans to leave the European Union hit a large speed bump Thursday, as the High Court ruled that the government can’t start exit negotiations without a vote in Parliament. The judgment deepened Britain’s divide...
- Posted November 3, 2016
EU, Canada to Sign Trade Pact Sunday
BRUSSELS — The European Union will sign a long-delayed trade pact with Canada on Sunday after a hold-out Belgian region finally endorsed the agreement. Ambassadors from the EU nations meeting in Brussels late Friday paved the way...
- Posted October 29, 2016
In Blow to EU, Byzantine Politics Blocks Canadian Trade Deal
BRUSSELS — In a major embarrassment to the European Union, a small region of Belgium continued to withhold on Monday its necessary support for a landmark free trade deal that the rest of the bloc and Canada...
- Posted October 24, 2016