European Council

Luxembourg says Europe must consult Washington before taxing digital giants

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Brussels must consult Washington prior to taxing digital behemoths like Google, Luxembourg finance minister told CNBC on Thursday. In March, the European Commission proposed a 9,5% effective tax rate in each EU member states where...

Election countdown

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As Europe starts its countdown to the European elections of 2019, Greece is also counting towards to its own national elections to be held before mid October of 2019. Centre-right party New Democracy currently...

West’s Airstrikes in Syria seen as wake-up call by Brussels Conference

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The recent airstrikes by the US, France and the UK on chemical installations in Syria and the risks they entailed for world peace were a wake-up call, according to UN Envoy Staffan de Mistura who spoke...

EU bans bee killing nicotinoids

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EU countries voted on Friday for a near-total ban on insecticides blamed for killing off bee populations. The ban on three neonicotinoid pesticides was approved by the EU 28 following the recommendation of the European...

Tusk gives Western Balkans countries hopes of EU membership

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European Council President Donald Tusk, who is on a tour of the Western Balkans countries, said Serbia, Bosnia, Kosovo, Albania, FYROM and Montenegro are all candidates to join the EU, even as the region remains badly...

Macron criticises “isolationist” Trump in Congress speech

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In spite of the previous show of friendship, French President Emmanuel Macron repeatedly criticised Donald Trump's isolationist principles in a speech to a joint meeting of Congress, an honour given to a small number...

Rutte forced to admit plans scrapping dividend tax

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The Dutch prime minister Mark Rutte was forced to unwrap documents relating to his government’s intention to scrap dividend tax for foreign investors. On Monday he promised the release of these documents. Rutte’s decision comes largely...

Macron’s Eurozone agenda no longer has Merkel’s full backing

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Angela Merkel is no longer fully committed to President Macron’s reform agenda in the Eurozone. On Thursday, Mrs. Merkel spoke of a “competitive” Europe, while Mr. Macron underscored the principle of “solidarity.” Chancellor Merkel admitted that...

Macron in Berlin to realign consensus on Eurozone reform

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French President Emmanuel Macron will be joining Angela Merkel in Berlin in an attempt to reaffirm the Franco-German consensus on Eurozone reforms. That is a tall order. The Chancellor is under pressure to amend or...

EU Foreign ministers plead for revival of political process on Syria

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In the immediate aftermath of punitive airstrikes launched by France, the UK and US against the chemical weapons programme of Syrian dictator Bashar al-Assad, the EU's Foreign Ministers insisted during their meeting in Luxembourg on April...

EU Council of Ministers approves modernised trade defence rules

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The European Council of Ministers on April 16 gave the green light to formally adopt its position on the regulation of the EU's trade defence instruments after having reached a political agreement with the...

MEPs, Council agree on EU law for monitoring CO2 emissions from HDVs

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Representatives from the EU Parliament and European Council reached a provisional agreement on March 26 on the regulation details for monitoring and reporting CO2 emissions and fuel consumption data from new heavy-duty vehicles (HDVs),...

EU highlights energy ties with Turkey, warns against aggression at Varna summit

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With the wrap-up of a meeting on EU-Turkey relations in Varna, Bulgaria on March 26, top EU officials highlighted Turkey’s strategic role in European energy security but expressed concern over Ankara’s actions in the...

Erdogan says EU membership remains the goal

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Tukey continues still hopes to one day join the European Union, Turkish President Recep Tayyip Erdogan at a summit with EU leaders in Bulgaria's Black Sea coastal city of Varna. Turkey first gained EU candidate status...

EU-Turkey summit ends with Erdogan failing to address concerns

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Despite pressure from European Union leaders, Turkish President Recep Tayyip Erdogan offered no answers to a long list of concerns from Brussels over Turkey’s intervention in Syria and the jailing of dozens of journalists at...

Lagarde calls for Eurozone integration and “rainy day” fund

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The Managing Director of the International Monetary Fund (IMF) Christine Lagarde on Monday called for taking bold steps towards a capital market union, including the setting up of a “rainy day” fund. While speaking in Berlin, Lagarde said...

Future of Europe in focus at 2018 ACRE Summit

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The Alliance of Conservatives and Reformists in Europe (ACRE) gathered at Brussels' Steigenberger Wiltcher’s Hotel on March 22 to take part in a landmark summit aimed at mapping out the road ahead as Europe...

EU leaders want greenhouse gas emissions reduction strategy

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The European Council on March 22 adopted conclusions including the Paris Agreement, calling for a new EU strategy on how to curb EU greenhouse gas emissions. “The European Council invites the Commission to present by...

Poland’s Morawiecki says one size does not fit all

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As a keynote speaker of Alliance of Conservatives and Reformists in Europe (ACRE) summit in Brussels, Poland’s Prime Minister Mateusz Morawiecki insisted on the importance of services and reforms in the EU that take...

Tusk says full EU-27 support still elusive on Brexit agreement

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European Council President Donald Tusk said on March 20 that full support from all of the EU-27 Member States for a transition agreement with the UK remains elusive. "Our negotiators have found a solution on several parts of...

Russia violates NATO airspace in Estonia

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Estonia protested after a Russian military cargo plane has violated its airspace near Vaindloo Island in the Baltic Sea. The incident on March 12 was the first alleged airspace violation of Estonia by a Russian...

Mogherini tells Ukraine to do more to fight endemic corruption

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During a visit to the Ukrainian capital Kiev on Monday the European Union’s High Representative for Foreign Affairs Federica Mogherini issued a stern warning to her hosts as she urged Ukrainian authorities to step...

Eurogroup won’t enter debt discussion on Greece before end of next review

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Finance ministers from 19 EU Member States have offered their endorsement for the disbursement of new loans to Greece after it completed the third review of the EU's rescue programme during this month's Eurogroup meeting. According to the Eurogroup's Portuguese...

EU environment ministers call for protecting seas from plastics

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European Union Environment Ministers on March 5 exchanged views on the package presented by the Commission in January, which aims at delivering on the circular economy action plan. The ministers agreed that they welcomed the...

Northern member states want to limit EMU reforms

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A group of eight northern EU states want national governments to retain the upper hand on Eurozone reforms and curb the ambitions of French President Emmanuel Macron to move towards a more federalised European Union. Finance...

Centeno hails Greece’s implementation of third review, signals €5.7-billion disbursement ahead

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After a week of under-the-radar negotiations in the Greek capital Athens, the Euro Working Group (EWG) of eurozone finance ministry officials charged with looking into Greece’s progress as part of the third review of its third bailout package...

EU institutions resist collision on Spitzenkandidat process, agree to shift EU budget priorities

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The informal meeting of the EU-27 in Brussels is over, but the race for the ambitious deadline set by the European Commission for reaching an agreement on the shape of the 2021-2027 budget by...

Cyprus brings up Turkey’s ‘gunboat diplomacy’ to EU

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As Cyprus’ President Nicos Anastasiades and Greek Prime Minister Alexis Tsipras were expected to bring up the issue of Turkey’s intervention in the island’s exclusive economic zone in the context of the EU Heads...

EU takes a step closer to energy efficient buildings

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The European Union on Wednesday took a step closer to a final approval of energy-efficient buildings. The European Parliament’s Committee on Industry, Research and Energy (ITRE) called for long-term renovation strategies for investment certainty and...

Spain’s de Guindos named European Central Bank VP

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Eurogroup has chosen Spain's Economy Minister Luis de Guindos as the new vice-president of the European Central Bank (ECB), leaving the door open for a German to be the likely nominee to fill the...

Eurogroup sees progress from Greece as Athens inches closer to loan disbursement

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The EU's finance ministers concluded Monday that Greece has completed most of the required reforms set by its eurozone creditors and moved closer to receiving a new disbursement of loans, said Eurogroup President Mario Centeno. The 19-member Eurogroup...

Spitzenfreude

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A week after the European Parliament rejected the idea of a Pan-European MEPs list, the next item up for debate revolved around the procedure to elects the president of the European Commission. As the Treaty...

EU-Turkey Summit to be held in Varna, Bulgaria in March

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An EU-Turkey Summit will be held on March 26 in Bulgaria with Turkish President Recep Tayyip Erdogan expected to be attendance, an EU spokesman said Tuesday. EU Council President Donald Tusk, European Commission President Jean-Claude Juncker,...

EU-Georgia strengthen ties, vow deeper integration

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The European Union and Georgia have built a solid basis for stronger relations that create a very promising future for deeper integration, the EU’s foreign-policy chief said on Monday. “Georgia is a valued and precious...

HRW says Turkish border guards shoot at fleeing Syrians

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Turkish guards at the border with Syria are indiscriminately shooting at refugees fleeing the fighting in northern Syria, Human Rights Watch said on Saturday. A senior Turkish government official denied the report, repeating the Erdogan regime's...

Bulgarian PM criticises EU’s migration approach

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Speaking at a conference on security and migration management in the Western Balkans in Brussels on Thursday, Bulgarian Prime Minister Boyko Borisov lambasted the EU’s migration and asylum policy, calling it “a complete failure”. Borisov,...

Portugal’s finance ministry denies reports of Centeno’s possible resignation

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Portugal's Finance Ministry on Monday flatly denied reports that Eurogroup President and Lisbon's current Finance Minister Mário Centeno plans to resign after he was named as a "person of interest" in an ongoing corruption investigation. “The...