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News Tagged By: European Union

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
Germany wants investment clause scrapped in EU-Canada trade deal
Germany will not sign a trade pact between Canada and the European Union unless an investment protection clause allowing companies to take cross-border legal action against governments is scrapped, Germany’s Economy Minister said on Thursday.
Posted on 9-25-2014 at 8:54 AM
Euro zone growth slows as Chinese factories trundle on
Euro zone business growth dipped to a 2014 low in September as firms again cut prices, while factory activity in China picked up only slightly, surveys showed, keeping the spotlight on policymakers' plans for economic stimulus.
Posted on 9-23-2014 at 8:04 AM
What's left on the menu? Russian restaurateurs wrangle with food ban
Moscow's sweeping sanctions on European food have sent Russian restaurateurs, retail chains and food producers scrambling for alternative supplies and bracing for Soviet-style shortages.
Posted on 8-11-2014 at 4:32 PM
German-U.S. rift stalls Canada's massive trade pact with the European Union
Stephen Harper’s efforts to clinch a massive trade pact with the European Union have got caught up in growing public anxiety among Germans over what rights U.S. investors would get in a similar deal – the latest bump in the road for the Prime Minister’s long-sought agreement.
Posted on 7-29-2014 at 7:48 AM
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