Economic Regions The European Union

More

  • European banks take a beating Monday, 8 Feb 2016 | 11:30 AM ET
    European banks take a beating

    CNBC's Simon Hobbs reports on a broad-based decline in European stocks today, including beaten-down European banks.

  • PARIS, Feb 8- France called on the European Commission on Monday to do more to help its struggling livestock industry, seeking to defuse protests that have seen farmers block highways and supermarkets. France had in particular called for "market regulation measures" in proposals submitted ahead of a meeting of European Union agriculture ministers later this...

  • *EU producers allege dumping by China. PARIS, Feb 6- Seven countries including France, Britain and Germany have urged the European Union to step up action to relieve an ailing steel industry suffering from tumbling prices and cheap imports from China and Russia. Europe has lost 85,000 steel jobs since 2008, over 20 percent of the workforce, according to the...

  • LONDON, Feb 5- CK Hutchison Holdings Ltd has received the EU's list of objections to its takeover of Telefonica's O2, which will create Britain's biggest mobile operator and cut the number of networks to three, a person familiar with the situation said. European Union antitrust regulators launched a full investigation last October into Hutchison's 10.3...

  • Portugal budget narrowly avoids rejection by EU Friday, 5 Feb 2016 | 10:21 AM ET
    Porto, Portugal.

    Portugal's budget for 2016 was judged to be "at risk of non-compliance" with European Union rules.

  • London's bid to win exemption from the European Union goal of "ever closer union," preserve its financial sector from regulation by the euro zone and curb access to in-work benefits for EU migrant workers won backing from Poland as the meeting of national negotiators- or sherpas- began in Brussels. The powerful leader of Warsaw's new ruling party, Jaroslaw...

  • AMSTERDAM— NATO's chief met Friday with European Union defense ministers to discuss boosting cooperation between the military alliance and the 28- nation bloc to tackle looming threats to the region. The EU and NATO are working to beef up their responses to threats such as Russia's increased military activity to the east and the Islamic State group's threat...

  • BRUSSELS, Feb 5- The European Union's top trade official has urged China to take measures to curb overcapacity of its steel industry and warned it that it will open three new anti-dumping investigations this month on steel imports from China. The call comes as the European Union begins a debate into whether to relax trade defences against China as Beijing...

  • Will David Cameron get a good deal from the EU? Friday, 5 Feb 2016 | 2:05 AM ET
    Will David Cameron get a good deal from the EU?

    Guntram Wolff, director of Bruegel, says the U.K. Prime Minister has negotiated well in recent weeks with the European Union.

  • LONDON, Feb 4- European Union rules that will introduce curbs on hundreds of commodities contracts to try to stop abuses are unnecessary, Britain's markets regulator said on Thursday. The blunt criticism comes when Brussels is set to propose a one-year delay until January 2018 for the launch of the new rules, known as MiFID II. Tracey McDermott, acting chief...

  • When will lower oil benefit Europe? Thursday, 4 Feb 2016 | 6:32 AM ET

    Pierre Moscovici, European Commissioner, says there are upside and downside risks to low oil prices.

  • Euro zone GDP to grow by just 1.7% in 2016 Thursday, 4 Feb 2016 | 5:30 AM ET

    Pierre Moscovici, European Commissioner, discusses the report on slowing growth in Europe's economy

  • FRANKFURT, Germany— Europe's top economic authorities warned Thursday of dangers to the region's economy amid slower growth in China, weaker global trade and heightened geopolitical uncertainties. Mario Draghi, the head of the European Central Bank, said it was imperative to act swiftly to help the economy and lift inflation, while the European Union...

  • *UK wants to ensure control of City of London regulation. LONDON, Feb 3- European Union proposals to make it harder for euro zone countries to impose rules on Britain's financial sector need fleshing out so they work on the ground, Bank of England Deputy Governor Andrew Bailey said on Wednesday. Let's now flesh them out, "Bailey said about Tuesday's proposals from...

  • European markets close after weak data Wednesday, 3 Feb 2016 | 11:30 AM ET
    European markets close after weak data

    CNBC's Simon Hobbs reports on all the market moving events in Europe today, including falling retail sales in the euro zone.

  • Ukraine warns of rising risk of war with Russia Wednesday, 3 Feb 2016 | 8:38 AM ET
    Ukraine's President Petro Poroshenko attends a ceremony at the training center of the Ukrainian National Guard outside Kiev.

    Hopes that Ukraine can get back on track were hit on Wednesday, when the country's president warned that the probability of war with Russia had risen and its economy minister resigned.

  • AMSTERDAM, Feb 2- The European Union will hold public consultations in the coming months to gather the opinions of industry and trade unions on whether to relax trade barriers against China at the end of the year, as Beijing demands. At issue is whether it grants China "market economy status" from December, which would make it far harder for Europe to impose...

  • AMSTERDAM, Feb 2- The European Union aims to bring free trade negotiations with the United States towards a close by the summer, a necessary step if a deal is to be clinched before a change of president in the United States. The two sides are trying to agree on the Transatlantic Trade and Investment Partnership, a free trade deal that could deliver economic benefits...

  • LONDON, Feb 2- Sterling touched a three-week high on Tuesday after the outline of a proposed EU deal said Britain does not have to integrate further politically with the rest of the European Union if it wants to stay in. The pound rose to as high as $1.4447 after the draft proposals were published, up from $1.4380 immediately beforehand, and its strongest since Feb....

  • BRUSSELS— Will the EU's offer be enough to keep Britain in the European Union? The proposals contain no changes to the EU's governing treaties, but Britain does win some concessions, notably a green light to limit benefits for migrants. The plan provides for a special "emergency brake" that Britain could use exceptionally when too many workers are coming in— and the...