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News Tagged By: European Union

Europe 'can't afford' a Greek exit according to Merkel allies
Greek opposition leader Alexis Tsipras won’t get German support for easing austerity, though Greece’s exit from the euro area would be costly for Germany, members of Chancellor Angela Merkel’s two main coalition parties said.
Posted on 1-05-2015 at 10:23 AM
EU, U.S. present Russia with united sanctions, energy front
U.S. and EU leaders will on Wednesday pledge to work together on sanctions and on strengthening the energy security of Europe and Ukraine, as they seek to present a united front to Russia, a draft document said.
Posted on 12-03-2014 at 8:33 AM
The Morning Call: Why QE won’t fix problems in Europe
BNN commentator Andrew McCreath says quantitative easing won’t fix the problems in Europe, and he explains why.
Posted on 11-26-2014 at 10:51 AM
Juncker unveils investment plan to kick-start EU growth
The European Commission presented a plan on Wednesday for some 300 billion euros of largely private new investment in the EU, saying it was time to kickstart growth without adding to public debt.
Posted on 11-26-2014 at 7:13 AM
European Commission cuts forecasts, euro zone recovery delayed
The euro zone will need another year to reach even a modest level of economic growth, the European Commission said on Tuesday, calling on Germany to help as Chancellor Angela Merkel again rejected a spending spree.
Posted on 11-04-2014 at 7:59 AM
France seen as weakest economic performer in euro zone: EU forecasts
France, the euro zone's second biggest economy, appeared as the weakest performer in European Commission economic forecasts on Tuesday with below average economic growth, falling investment and deteriorating public finances and competitiveness.
Posted on 11-04-2014 at 7:13 AM
EU fines JPMorgan, UBS, Credit Suisse for taking part in cartels
JPMorgan, UBS and Credit Suisse were fined a total of 94 million euros ($120 million) by the European Commission for taking part in cartels in the financial sector.
Posted on 10-21-2014 at 1:29 PM
Canadian oil sands no longer 'dirty,' says European Union
The European Union has abandoned its plan to label Canada's oil sands as highly polluting. The decision removes an obstacle that has prevented Canada from exporting tar sands crude to Europe and comes at a time when tensions between the EU and its top oil supplier Russia are running high.
Posted on 10-07-2014 at 6:49 AM
EU watchdog to give reasons for inquiry into Apple's Irish tax savings
The European Commission will publish on Tuesday its reasons for opening an in-depth inquiry into the Irish government's tax treatment of Apple, a Commission spokesman said.
Posted on 9-29-2014 at 8:18 AM
German opposition clouds Friday’s ceremonies for Canada-EU trade pact
Just hours before Canada and the European Union release the long-awaited final text of a free trade pact, German officials visiting Ottawa delivered a blunt and unwelcome message: The deal must be changed.
Posted on 9-26-2014 at 9:57 AM
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