The European Union’s coronavirus recession response came up lacking in the eyes of prominent EU lawmakers on Friday, even as national leaders stressed progress had been made. “The future is built with courage,” EU parliamentarian Udo Bullmann said. “Unfortunately EU leaders were lacking in this at this crucial moment,” the centre-left politician of Germany’s Social […]
Brussels – Eleven weeks after Brexit, Britain and the European Union (EU) are hoping to finally make progress towards a trade agreement. The first of three week-long negotiations by video conference begins on Monday. The next stages are planned for mid-May and early June. Britain left the EU at the end of January. However, there is […]
Sales of new cars in the European Union fell by more than 50 per cent last month, in a record collapse blamed on the novel coronavirus pandemic. Just around 567,000 new cars were registered, some 55.1 per cent fewer than in March 2019, the European Automobile Manufacturers Association (ACEA) said Friday in a monthly bulletin. […]
The EU’s economy and finance ministers plan to discuss in further detail measures to combat the economic crisis caused by the coronavirus pandemic on Thursday afternoon. The European Commission wants to give the ministers an assessment of how badly the pandemic has hit the European economy. In addition the finance ministers want to push ahead […]
The European Union’s executive is due to propose an exit strategy later on Wednesday for member states to gradually remove coronavirus restrictions and resume normal activity. The European Commission guidelines, which will not be binding on member states, were supposed to be presented last week already. But some EU capitals were worried about giving a […]
The European Commission, in charge of EU state aid rules, on Saturday approved a 50billion euro Belgian loan guarantee scheme aimed at supporting companies during the coronavirus pandemic. The scheme also aims to help businesses affected by the current crisis cover their liquidity needs and stay afloat. READ ALSO: Covid-19: Lagos discharges boy, 11, other […]
Efforts by European Union (EU) finance ministers to strike a deal on a package of coronavirus-related fiscal measures ended in disarray early on Wednesday, with talks due to resume later this week. After 16 hours of discussions that began on Tuesday afternoon, “we came close to a deal but we are not there yet,” Mario […]
Efforts by European Union finance ministers to strike a deal on a package of coronavirus-related fiscal measures were dragging into the night on Tuesday, amid deep differences over the need for a joint debt issuance tool, such as so-called coronabonds. “Work towards an ambitious EU economic policy response to Covid-19 is well on track but not […]
European Union finance ministers are under pressure to deliver proposals for further fiscal measures to counter the economic crisis triggered by the Covid-19 pandemic, as they head into talks on Tuesday. On the table is a “safety net” worth half a trillion euros (around 540 billion dollars), according to eurogroup president Mario Centeno. The senior […]
The European Union remains committed to its refugee pact with Turkey and the agreement remains valid, EU Commission President Ursula von der Leyen said on Monday evening after a meeting with Turkish President Recep Tayyip Erdogan in Brussels. The talks were held amid a tense days-long dispute between the EU and Turkey over migrants on […]
EU industry commissioner Thierry Breton said on Monday it was for Facebook to adapt to Europe’s standards, not the other way round, as he criticized the U.S. social media giant’s proposed internet rules as insufficient. The blunt comments came after a short meeting with Facebook CEO Mark Zuckerberg and two days before Breton is due […]
Sinn Fein called on the European Union on Tuesday to back its bid for a united Ireland after a surge in support saw it become the second largest party in parliament at weekend elections. The result has shaken up the political landscape in the EU member state, with Sinn Fein — once shunned because of […]
Cambodian Prime Minister Hun Sen has said he will not sacrifice the nation’s sovereignty for foreign aid or trade benefits, a day before the EU is expected to announce whether it will suspend Cambodia’s duty-free trade access over human rights concerns. READ ALSO: 13 rescued from debris of collapsed Cambodian building “I will not trade […]
The European Environment Agency (EEA) on Monday warned of increasing floods, droughts and forest fires across the continent over the coming decades, stressing the need for countries to adapt. Efforts to limit climate change could help avert the worst impact, the EEA said. READ ALSO: Gender equality key to poverty eradication, Guterres tells African leaders […]
More than 3 1/2 years after the landmark Brexit referendum, the United Kingdom will finally leave the European Union at 11 p.m. GMT on Friday. That means Britain will exit the bloc of 27 remaining countries and the bloc’s economic market of about 450 million people and will begin to forge its own way in […]
European Commission President Ursula Leyen, on Wednesday, warned major trading partners that a carbon tax on imports if its planned transition to carbon neutrality puts its products at a disadvantage in the global market. “There is no point in only reducing greenhouse gas emissions at home if we increase the import of carbon dioxide (CO2) […]
British Prime Minister, Boris Johnson on Friday said that Britain would leave the EU by Jan. 31 at the latest if his Conservative Party wins a majority in the election in two weeks time. READ ALSO: Boris Johnson is unfit to be a prime minister – Bennett“If we can get a working majority then we […]
Kano, The UN and European Union (EU) plan to spend 10 million dollars per year in the next four years to end all forms of violence against women and girls in Nigeria. Mrs Hadiza Aminu, EU, UN Spotlight Initiative Coordinator, said this in Kano on Monday during a media dialogue Stoplight Initiative on ending violence […]
European Union (EU) leaders have confirmed the appointment of France’s Christine Lagarde as the next head of the European Central Bank, thus removing the final hurdle between her and the powerful post. She is elected to the position for a non-renewable term of eight years, the EU leaders announced in a statement on Friday. READ […]
UK and EU negotiating teams will meet later as efforts to reach a deal before a crunch summit this week continue. After talks in Brussels this weekend, EU ambassadors were told the UK would make concessions to its post-Brexit plan for the Northern Irish border. READ ALSO World Thrombosis Day: Take more water, less alcohol […]