EU Affairs

US Secretary of State completes consultation round with incoming EU leadership

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US Secretary of State Mike Pompeo arrived Monday in Brussels for talks with EU and NATO officials. Pompeo saw European Commission president-elect Ursula von der Leyen on Monday; he went on to meet EU foreign policy...

Conte II government confirmed

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The Five Star Movement (MS5) has ratified an agreement with the centre-left Partito Democratico (PD) and will form a new government under prime minister Giuseppe Conte. On Wednesday, Conte is expected to meet President Sergio...

Rutte and Mitsotakis discuss migration and investments in The Hague

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“We discussed about migration, but also talked about how we could boost growth, investment opportunities, climate change, green growth and jobs,” said the Dutch premier Mark Rutte, welcoming the Greek prime minister, Kyriakos Mitsotakis...

Pound tumbles as Johnson threatens elections

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The pound started to tumble to three year-lows on Tuesday, as the British prime minister Boris Johnson warned on Monday evening that he is ready to call elections. From the No. 10 podium, Johnson reiterated...

UK launches “Get Ready for Brexit” campaign

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The British government has launched a public information campaign called "get ready for Brexit" on Sunday. The £100 million campaign was launched on the website  gov.uk/brexit. The website begins with a survey, leading to recommended actions...

Incumbents widen their lead in Spain and Portugal

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Polling suggests that socialist governments in Spain and Portugal have seen their electoral influence surge. Spain’s Socialist party extended its lead in two opinion polls published on Monday, amid a failure to negotiate a coalition...

Beijing files US tariff case at WTO

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China has lodged a complaint against the United States at the World Trade Organization (WTO) over U.S. import duties on Monday. The United States began imposing 15% tariffs on $125bn worth of Chinese goods on...

AfD gains big in Saxony and Brandenburg elections

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The Eurosceptic Alternative for Germany (AfD) party tripled its share of the vote in Saxony and doubled in Brandenburg on Sunday. In Dresden, Saxony, AfD reaped a 27% of the vote, with the CDU shedding...

Why the Cypriot Auditor General undermines the solution of the Cyprus’ EU related waste...

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Despite its immense natural beauty and the fact that its heavy industry is tourism, the Mediterranean island of Cyprus is facing a growing waste management problem and is missing a golden opportunity to absorb European Union funds to tackle this key issue that is rapidly becoming one...

EU remains in contact with Greece and Turkey as migration flow increases

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With scenes of Greek aid workers carrying out an emergency operation to evacuate 1,400 migrants from a dangerously overcrowded camp in the wake of the arrival of new refugees  on the North Aegean island...

Von der Leyen waits for an Italian decision to complete Commission puzzle

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Incoming European Commission President Ursula von der Leyen is waiting for Italy to propose its candidate to the new College of Commissioners before she can move forward with making a final decision on who...

Boris Johnson faces parliaments’ last-ditch attempt to avert no-deal Brexit on Tuesday

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Boris Johnson’s government is preparing to resist the parliaments’ last attempt to stop a no-deal Brexit. The two prevailing scenarios are that MPs will attempt to push the government to ask for an extension...

The Swiss expect ‘no deal’ with the EU before 2020

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Switzerland is unlikely to sign its own trade agreement with the EU prior to Brexit, according to Economy Minister Guy Parmelin. In a statement to Sonntags Zeitung, Parmelin expressed pessimism as social partners – unions,...

Can Ursula, be the emerging Margaret of Europe?

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The fact that in last spring’s European elections, Euroscepticism did not hit the record levels many were afraid of, does not mean that the danger is over. On the contrary, the threat is there...

The faces of the next College of Commissioners?

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Ursula von der Leyen’s future College of Commissioners is beginning to shape form as all but two – Italy and the UK – of the European Union’s 28 members have nominated candidates for the...

The politics of AI in the financial markets

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Technology is and has always been a crucial part of finance. From the first promissory notes in the Netherlands and China, there was a race with counterfeiters that parasitically undermined trust. As in any political...

EU says Ukrainian pipeline still key conduit for Russian gas

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The European Union fully supports Ukraine as a stable and reliable transit route and will do its utmost to ensure that Ukraine remains an important transit route also after 2020, a EU energy spokeswoman...

WHO warns of dramatic jump of measles cases in Eastern Europe

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The World Health Organization has warned of a "dramatic resurgence" in measles with over 90,000 cases in 48 countries over the first six months of 2019. The head of WHO's European Regional Verification Commission for...

Asian economies showing signs of weakness and instability

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The markets of Asia that allowed the EU to drive an export-led economic recovery following the 2008 crisis are now faced with a recession. The US-China trade war is taking its toll on Hong Kong,...

Online selling VAT fraud could see a Brexit headache for UK’s HMRC

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Officials are preparing for an uptick in VAT compliance problems as the UK leaves the European Union. Online platforms like Amazon Marketplace and eBay are already under pressure to make sellers pay their share...

Sweden bans facial recognition technology in schools

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The Swedish Data Protection Authority (DPA) has issued a ban on facial recognition technology in schools after one of the country's high-school students attempted to use the controversial software to keep track of attendance. Sweden's...

Argentina’s peso is in free-fall

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The century-old saga of Argentina's boom-bust economy has taken another ominous turn as the Argentine peso is now trading at 57.95 per US dollar on Wednesday, which is equal to a 22% loss of...

No-deal Brexit likely as Boris Johnson suspends parliament

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Boris Johnson landmark decision to suspend parliament has been nothing short of an earthquake for Britain's political establishment. Some MPs have called Johnson out violating the spirit of the UK's 800-year-old constitutional tradition. Johnson, however,...

Macron proposes Sylvie Goulard as France’s European Commissioner candidate

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The French president belatedly made public his proposal for a French commissioner: Sylvie Goulard, the ex-MEP to cope back to Brussels. Emmanuel Macron’s belated announcement comes a couple of days late, as the European Commission...

Finland asks EU to utilise full toolkit on Amazon fires

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Ahead of Thursday’s Informal Foreign Affairs Council in Helsinki, Finland urges the EY to use all the tools at its disposal to stop fires in the Amazon rainforest. The Nordic nation, which currently holds the...

UK opposition reaches consensus on how to derail no-deal Brexit

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With declining confidence on his own backbenchers, Boris Johnson does not deny that is considering the suspension of parliament (prorogation) to push through a no-deal Brexit. However, parliamentary opposition has now reached a unified...

Brazil rejects G7 assistance in dealing with Amazon wildfires

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Brazilian President Jair Bolsonaro rejected €20 million pledge by the G7 summit in France to fight the Amazon forest wildfire. The money was pledged by Italy, Canada, France, Germany, Italy, Japan, the UK and the...

Johnson & Johnson partially responsible for opioid crisis by US court

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Following a seven-week non-jury trial in Oklahoma, a judge on Monday ordered Johnson & Johnson (J&J) to pay $572.1 million for its responsibility in an opioid epidemic in the United States; the company is...

German business confidence drops for 11th consecutive month

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A monthly executives survey of 9,000 German firms published on Monday by the Munich-based Ifo economic think tank confirms the widespread impression of a nosedive in business confidence. For the 11th consecutive month, managers operating...

German economy contracts by 0.1% in second quarter

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The German economy - the fourth-largest in the world after the US, China, and Japan - received troubling news when the country's the Federal Institute of Statistics reported that the economy contracted by 0.1%...

Global Fund for fight against AIDS gets €550M from EU

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European Council President Donald Tusk announced during the G7 summit in Biarritz, France that the EU will pledge €550 million to the Global Fund to Fight AIDS, Tuberculosis, and Malaria. Outgoing European Commission President Jean-Claude...

EU plans digital startup investment fund

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EU officials have drafted a plan that envisages the creation of a sovereign wealth fund that would invest €100 billion in European digital startups. The fund is specifically aimed at technological scouting, a move that...

Johnson says Britain will not pay Brussels for no-deal Brexit

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The UK does not intend to pay £39 billion for a divorce settlement with the EU in the event of a no-deal Brexit, British Prime Minister Boris Johnson told the press on 26 August. “I...

Italy’s parties weigh options for new government or snap elections

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Italy's centrist Democratic Party reiterated its position that it would be open to the possibility of a second Giuseppe Conte government, Senate Chief Whip Andrea Marcucci said on 26 August after his party and...

US and France reach bilateral digital tax deal

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Corporate behemoths including Amazon, Facebook, and Google will be provided with a rebate after France finally gave in to American demands that the French government fit the bill for all outstanding payments that are...

G7 to provide €17.9 million in emergency funding to combat Amazon wildfires

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French President Emmanuel Macron and Chilean President Sebastián Piñera announced that the G7 nations agreed to provide €17.9 million in emergency funding to fight the Amazon fires.he flames rolling in the Amazon, the heads...

EU Commission says UK must pay Brexit divorce bill even at no deal scenario

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The UK must pay its Brexit divorce bill even if it leaves the EU without a deal, the chief spokeswoman of the EU said Monday, warning that future ties would be threatened if London...