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The European Union

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  • BRUSSELS— The European Union on Tuesday moved to recognize halloumi, or hellim in Turkish, as a protected cheese from both sides of the Greek-Turkish divided island of Cyprus and lauded it as a symbolic step toward further reunification. The salty, chewy cheese is perhaps Cyprus' greatest gift to world gastronomy and the 28- nation bloc took a major step toward...

  • Greece submits request to IMF for new loan facility Friday, 24 Jul 2015 | 6:26 PM ET
    Greek Finance Minister Euclid Tsakalotos holds a draft of a reform bill at a parliamentary session in Athens, July 22, 2015.

    Greece has requested a new loan facility from the IMF, the country's finance ministry said on Friday.

  • European markets close: Selloff in commodities Friday, 24 Jul 2015 | 11:27 AM ET
    European markets close: Selloff in commodities

    CNBC's Simon Hobbs reports on all the market moving events in Europe today, including Europe miners and earnings impact.

  • BRUSSELS, July 24- The European Union and the United States launched talks towards the world's largest free trade deal in July 2013, hailing it as a free driver of growth and jobs on both sides of the Atlantic. The European Commission has estimated the Transatlantic Trade and Investment Partnership could add $100 billion a year to both economies.

  • BRUSSELS, July 24- European Union plans to seal the world's largest free trade deal with the United States are threatened by intractable differences over food names, none more so than the right of cheese makers to use the term "feta". At the same time as euro zone leaders are ordering Greece to balance its budget and liberalise its product markets, EU trade...

  • EU approves Nokia acquisition of Alcatel-Lucent Friday, 24 Jul 2015 | 6:05 AM ET

    BRUSSELS— The European Union has approved the 15.6 billion-euro acquisition of ailing French telecom company Alcatel-Lucent by Finland's Nokia Corporation following an investigation into whether the deal broke competition rules. The EU's executive Commission said Friday that there was enough difference between the two firms to not raise major...

  • President Barack Obama told the BBC in an interview excerpt that aired on Thursday that Britain must remain in the European Union to maintain its global influence. Britain's EU membership "gives us much greater confidence about the strength of the transatlantic union," Obama said, adding the EU had "made the world safer and more prosperous."

  • Obama urges Britain to stay in EU in BBC interview Thursday, 23 Jul 2015 | 5:17 PM ET

    President Barack Obama told the BBC in an interview excerpt that aired on Thursday that Britain must remain in the European Union to maintain its global influence. Britain's EU membership "gives us much greater confidence about the strength of the transatlantic union," Obama said. He also said his biggest frustration was the failure to pass "common-sense gun...

  • European markets flat on day Thursday, 23 Jul 2015 | 11:30 AM ET
    European markets flat on day

    CNBC's Simon Hobbs reports on all the market moving events in Europe today, including earnings.

  • *Asset managers relieved at no one size fits all. LONDON, July 23- Managers of smaller investment funds in the European Union will be exempt from new curbs on pay in their industry, the bloc's markets watchdog said on Thursday, a move welcomed by investment managers. The European Securities and Markets Authority published proposals on how the curbs could work in...

  • BRUSSELS— The European Union on Thursday launched an antitrust case against six major U.S. movie studios and British satellite broadcaster Sky UK, in a move that could profoundly shake up the highly lucrative pay-television market in Europe. The EU's executive Commission has sent a so-called statement of objections to the companies regarding what it says...

  • ATHENS, Greece— Discussions over Greece's third bailout in five years are set to begin in Athens imminently after Greece's parliament approved Thursday tough new conditions set by European creditors. Officials in Athens and at the European Union said negotiators are expected to start arriving on Friday, marking the first time high-level talks will be held...

  • EU always dealing in 'half measures': CEO Thursday, 23 Jul 2015 | 3:25 AM ET
    EU always dealing in 'half measures': CEO

    Maurice Levy, CEO of Publicis, says the European Union is not addressing the issues at the heart of the bloc.

  • Greek parliament passes second package of required reforms Wednesday, 22 Jul 2015 | 10:05 PM ET

    Greek Premier Tsipras faced down rebels in his Syriza party, winning parliament's backing for a second reform package required to start bailout talks.

  • 'Greece will never be off the table': Macquarie Wednesday, 22 Jul 2015 | 9:13 PM ET
    'Greece will never be off the table': Macquarie

    Viktor Shvets, head of Asian Strategy at Macquarie, says Greece will never be able to repay its debts or carry out much-needed reforms.

  • ECB adds 900M euros to Greek bank liquidity Wednesday, 22 Jul 2015 | 11:30 AM ET
    ECB adds 900M euros to Greek bank liquidity

    CNBC's Simon Hobbs reports on all the market moving events in Europe today, including Europe semiconductors and big miners names going to the downside.

  • The capital of euro trading prospers outside the euro zone, but London's dominance of the $5.3 trillion- a-day foreign exchange market could wane if Britain left the European Union. "If the UK left the European Union, London's dominance of foreign exchange including euro trading would gradually decline and then end as the flows moved to Asia and other European...

  • Sri Lanka: EU fish ban causes $75 million loss Wednesday, 22 Jul 2015 | 6:14 AM ET

    COLOMBO, Sri Lanka— Sri Lanka has suffered a revenue loss of $75 million because of a European Union ban on fish caught by Sri Lanka- flagged vessels since January, a government spokesman said Wednesday. Sri Lanka was a significant exporter of swordfish and tuna to countries in the EU, which blacklisted Sri Lanka in January for failing to combat illegal fishing.

  • 'Time is right' for European reforms Wednesday, 22 Jul 2015 | 3:30 AM ET
    'Time is right' for European reforms

    Eric Labaye, chairman of McKinsey Global Institute, says it's the right time for policy makers to implement structural reforms that will transform the European Union.

  • Tsipras transforms as he sells Greek bailout terms Tuesday, 21 Jul 2015 | 9:06 PM ET
    Alexis Tsipras, Greece's prime minister, right, and Euclid Tsakalotos, Greece's finance minister, center, depart following all-night bailout talks in Brussels, Belgium, on Monday, July 13, 2015.

    Greece's Tsipras is emerging as a canny, pragmatic politician with a stake in the success of the measures he came to power vowing to eradicate. The New York Times reports.