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Europe

Migrants: EU launches new agenda for Med worth 7 bn

Newsdesk -
Goal to relaunch economy for security and slow migration BRUSSELS - The European Union has proposed a new agenda for the Mediterranean with a seven-billion-euro plan to stimulate the economy of Mediterranean partner countries in...
Europe

Brexit news – live: Food trade arrangements ‘unmitigated disaster’, as EU ‘committed’ to making NI deal work

Newsdesk -
Brexit has been called an “unmitigated disaster” by food industry experts, as they told MPs about the impact of new trade arrangements.  Sector leaders told the International Trade Select Committee the cost of disruption hads...
Europe

Brexit cost will be four times greater for UK than EU, Brussels forecasts

Richard Partington -
The economic blow dealt by Brexit will be four times greater in the UK than the EU, according to the latest forecasts by Brussels. A month into the new relationship, the European commission said the...
Europe

EU faces bankruptcies, bad loans as COVID-19 help for firms ends — document

Newsdesk -
Europe

Bulgaria’s Premier: We Will Overcome Pandemic First in EU

Newsdesk -
Prime Minister Boyko Borisov said that he is very optimistic about the recovery plans which are financed by the European Commission. In a commentary on the latest interim economic forecast of the European Commission,...
Europe

EIB Group supported €1.4 billion of investments in 2020 in the Czech Republic for businesses, regional infrastructure, climate adaptation, the energy transition and sustainable...

Newsroom -
EIB lending in 2020 amounted to €1.2 billion and EIF equity and guarantee commitments to €180 million Some 8 000 businesses benefited from EIB Group operations, supporting approximately 147 000 jobs in the country. EIB Group support represented 0.66% of...
Europe

Remarks by Commissioner Gentiloni at the press conference on the Winter 2021 Economic Forecast

European Commission -
European Commission Speech Brussels, 11 Feb 2021 Thank you. Good morning. Let me begin with five key messages emerging from this forecast: First, the economic situation this winter remains challenging. Since t...
Europe

FM holds talks with EU Parliament’s head of Arab Peninsula at EU

Newsdesk -
Brussels: Dr. Abdullatif bin Rashid Al-Zayani, Foreign Minister met at the headquarters of the European Parliament, Chair of the Delegation for relations with the Arab Peninsula at the European Parliament, Dr. Hannah Neumann, as...
Europe

EU’s multi-billion pandemic recovery fund gets go-ahead from European Parliament

Newsdesk -
At the heart of Europe's recovery plan is the €672.5 billion Recovery and Resilience Facility to help get the economy back on track, made up of €312.5 billion in grants and €360 billion in...
Europe

EIB Group engagement in Greece reaches record of EUR 2.8 billion in 2020

Newsroom -
EIB also approved last year record EUR 4.3 billion of financing for future projects in Greece Strengthening of EIB and EIF cooperation with Greek partners strengthens COVID-19 response, energy transition, road safety and private sector...
Europe

Stateless baby’s citizenship fight to be heard by top EU court

Newsdesk -
By Emma Batha London – A baby left without a nationality after she was born in Spain to a same-sex couple from Bulgaria and Gibraltar is at the centre of a test case to be...
Europe

How Hungary is violating EU law on refugees

Newsdesk -
The Hungarian government is making no attempt to conceal its violation of the law. You can read all about it on an official website, which meticulously records the statistics for every single week of...
Europe

Both sides showed interest on resuming FTA negotiations: European Union after trade talks with India

Newsdesk -
New Delhi: The European Union has said its first high-level dialogue on trade with India saw interest by both sides in resuming negotiations for an ambitious, comprehensive and mutually beneficial trade and investment pact...
Europe

European Parliament Approves Introduction of Carbon Border Tax

Newsdesk -
Future carbon border tax should be introduced for products of oil refineries and the glass, paper and aluminium industry and not only for the power sector and energy-intensive industrial sectors like cement, steel, chemicals,...
Europe

Focus areas for India-EU Leaders’ Summit in May

Newsdesk -
Investment facilitation, regulatory cooperation, trade barriers and IPR may India and the EU will take forward discussions on the launch of an investment facilitation mechanism, initiation of regulatory cooperation and removal of identified trade barriers...
Europe

Jordan: #Team Europe: EIB and MFW support Jordan’s micro-entrepreneurs with €2.7 million

Newsroom -
The European Investment Bank (EIB)  has provided €2.7 million ($3.3 million) to Microfund for Women to boost the financing of micro-enterprises in Jordan during and after the COVID-19 pandemic. The new financing is expected to support...
Europe

EIB Group provides €443 million to Bulgarian economy in 2020

Newsroom -
Support for SMEs and mid-caps, urban development and advisory services Operations benefited 4 000 businesses and supported some 81 000 jobs Ten-year record for EIF, unlocking €1.8 billion for SMEs in Bulgaria The European Investment Bank Group (EIB Group), which...
Europe

Sir Elton John calls for help for young musicians amid EU touring row

Newsdesk -
8 February 2021 Sir Elton John has called for a "short-term fix" to make it easier for British musicians to tour in Europe. Sir Elton John The 'Tiny Dancer' hitmaker has spoken out after musicians were left...
Europe

Truckers say UK exports to EU fall as much as 68% since Brexit

Newsdesk -
The volume of goods going through British ports to the European Union has fallen by as much as 68% since Brexit, according to the Road Haulage Association, as the UK grapples with its new...
Europe

EU and UK ‘acting like absentee landlord’ over Brexit in Northern Ireland

Lisa O'Carroll -
The EU and UK have behaved like an “absentee landlord” in relation to Northern Ireland, an expert on Brexit in the region has said, as a new report by the Institute for Government has...
Europe

‘Whatever It Takes’: UK Won’t Be ‘Pushed Around’ by EU Over Northern Ireland, Attorney General Says

Aleksandra Serebriakova -
The UK wants the European Union to know that it isn't one to be “pushed around” over the Northern Ireland issue, according to Attorney General for England and Wales Suella Braverman. The AG, who also...
Europe

Brexit and COVID slash UK exports to EU: Report

kuwaittimes -
LONDON: Brexit and coronavirus have slashed the volume of surface freight leaving Britain for the European Union by 68 percent from last January, according to figures published in The Observer yesterday. The stark...
Europe

Hauliers say exports to European Union are down 68pc since Brexit

Newsdesk -
A survey of worldwide hauliers has discovered the quantity of exports travelling from British ports to the EU fell 68 per cent final month in contrast to the identical interval final 12 months. The analysis by the...
Europe

European Union, United Kingdom Combined Wheat Output Projected 8% Higher for 2021-22

Newsdesk -
Total wheat production in the EU and the UK over the marketing year 2021-22 (July-June) is likely to reach 147 million mt, up 8% on the year, amid higher acreage and better expected yields,...
Europe

Britain must focus on Asia and US not EU post-Brexit, Barclays boss says

Newsdesk -
Britain's financial services industry should focus on winning business in the United States and Asia rather than the European Union in the aftermath of Brexit, Barclays CEO Jes Staley said. While still the only global...
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