"EU" tag

EU report on dangerous products cites imports from China

Toys, clothes and gadgets from China are being flagged in increasing numbers by the EU’s rapid alert system for dangerous goods (RAPEX). Ignorance of the rules is cited as a cause. China, including Hong Kong,...

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EU ministers agree on fishing policy overhaul

EU ministers have agreed to a deal that will ban throwing unwanted fish back into the sea in a bid to end decades of over fishing. The new agreement now needs approval of the European...

EU investigates oil giants over possible price-fixing

Anti-trust authorities have conducted surprise inspections at offices of at least three major oil companies, suspecting a possible collusion on oil prices. Shell, BP and Statoil confirmed inspections at their sites. European inspectors raided the...

EU-China Solar Trade War beneficiary

The European Commission has decided to impose ~40% duties on Chinese solar panel imports from 6th June. This will mark the first step in the escalation of trade tensions between two of the biggest trading...

EU commissioner defends draft long-term budget hike

A member of the EU Commission has called on Britain to declare whether it intends to remain part of the bloc in the long term. The comments come as part of an ongoing debate over...

German finance minister pushes for EU treaty change

German Finance Minister Wolfgang Schäuble sees a window of opportunity to push through a deep reform of EU institutions. He thinks Europe’s crisis-fighting efforts have created momentum for changing the EU treaty. Wolfgang Schäuble wants...

EU advisory group urges overhaul of banking system

Advisers to the European Commission have issued their recommendations for a structural reform of the continent’s banking system. They’re in favor of separating retail and investment operations to reduce future risks. A group of advisers,...

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Inside EU Fiscal Deal

26 out of 27 EU member states have backed a tax and budget pact to tackle the eurozone debt crisis. The 17 countries that use the euro have all agreed to the deal. Except UK,...

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German lawmakers votes in favour of bigger EFSF

WORLD MARKET – The German parliament on Thursday voted to increase the size and flexibility of the euro-zone rescue fund, providing an important victory for Chancellor Angela Merkel as she battles increasing public skepticism over...