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The European Union

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  • ASHGABAT, May 2- The European Union, keen to lessen its dependence on Russia for energy supplies, expects to start receiving natural gas from Turkmenistan by 2019, European Commission Vice President Maros Sefcovic said in an interview. For Turkmenistan it is very important to diversify its export options, while for the EU it is very important to diversify its...

  • European markets close & protests in Milan   Friday, 1 May 2015 | 11:31 AM ET
    European markets close & protests in Milan

    CNBC's Simon Hobbs reports on all the market moving events in Europe today, including the United Kingdom general election and debt negotiations in Greece.

  • Greece struggles to make pension payments Friday, 1 May 2015 | 12:03 AM ET
    People are seen in front of a Eurobank branch in Athens, Greece, March 19, 2015.

    The Greek government scrambled to pay pensions and public sector salaries after failing to reach agreement with international lenders. The Financial Times reports.

  • BRUSSELS, April 30- The European Commission on Thursday called for a tougher U.N. The European Union has already introduced its own law to curb climate-harming hydrofluorocarbons, also called "F-gases", used in fridges and air conditioners. The European Union is seeking to lead the push for more ambitious action on curbing greenhouse gases ahead of a conference...

  • European markets close: Eurozone bonds raise eyebrows   Thursday, 30 Apr 2015 | 11:31 AM ET
    European markets close: Eurozone bonds raise eyebrows

    CNBC's Simon Hobbs reports on all the market moving events in Europe today, including Spanish Q1 GDP growth.

  • EU carbon talks next week could clinch reform deal Thursday, 30 Apr 2015 | 10:01 AM ET

    BRUSSELS, April 30- European Union talks next week could clinch a deal to shake up the world's biggest carbon market after a change of position by the Czech Republic removed a major obstacle to an early start for reforms. Months of stalemate over a start date for the reforms ended on Wednesday, when the Czech Republic broke ranks with a group of countries led by...

  • Apple warns of ‘material’ financial hit from probe Wednesday, 29 Apr 2015 | 3:44 PM ET
    A man clears away leaves outside buildings on The Apple campus in Cork, southern Ireland.

    Apple warned investors it could face penalties from the Europe's probe into its tax deals. Financial Times reports.

  • BRUSSELS/ LONDON, April 29- European Union member states reached a provisional agreement that carbon market reforms should begin on Jan. 1, 2019, at closed-door talks on Wednesday, paving the way for a further round of negotiations next month, diplomats said. Poland, whose economy relies on coal, had been leading a blocking minority opposed to making any changes...

  • Europe dives after weak US GDP   Wednesday, 29 Apr 2015 | 11:21 AM ET
    Europe dives after weak US GDP

    CNBC's Simon Hobbs reports on all the market moving events in Europe today, including the euro heading higher after weaker-than-expected U.S. GDP in the first quarter.

  • Portugal investigates visas awarded to non-EU investors Wednesday, 29 Apr 2015 | 8:41 AM ET

    LISBON, Portugal— Portugal's Attorney-General's office says officials are searching government offices and other locations as part of a corruption and money-laundering investigation centered on the granting of residence permits to investors from outside the European Union. The Finance Ministry said the office of the secretary of state for tax affairs...

  • Why business doesn't want a Brexit   Wednesday, 29 Apr 2015 | 4:10 AM ET
    Why business doesn't want a Brexit

    Andrew Hilton, director of CSFI, says that having talked to City professionals, an overwhelming amount admit that they would vote to stay in the euro zone.

  • France's far-right leader: EU is mocking Greece Wednesday, 29 Apr 2015 | 1:48 AM ET

    Marine Le Pen told CNBC that the tense talks over Greece's debt deal have revealed the "real face" of European Union.

  • European markets close: UK GDP slowing down   Tuesday, 28 Apr 2015 | 11:21 AM ET
    European markets close: UK GDP slowing down

    CNBC's Simon Hobbs reports on all the market moving events in Europe today, including slowing UK Q1 GDP growth and European healthcare.

  • BERLIN, April 28- Talks between the European Union and United States on a transatlantic trade accord will stretch into 2016, the EU's chief negotiator said on Tuesday, adding that the discussions were about to enter a "more difficult" and "intense" stage. This year is seen as crucial in making progress on the Transatlantic Trade and Investment Partnership, with the...

  • BRUSSELS, April 28- All cars and light vans in Europe will have to be fitted with automatic emergency calling devices from April 2018 under new rules approved by European Union lawmakers on Tuesday, which could cut road deaths by 10 percent a year. Members of the European Parliament in Strasbourg approved the law on Tuesday, meaning car manufacturers such as...

  • BRUSSELS, April 28- All cars and light vans in Europe will have to be fitted with automatic emergency calling devices from April 2018 under new rules approved by European Union lawmakers on Tuesday, which could cut road deaths by 10 percent a year. Members of the European Parliament in Strasbourg approved the law on Tuesday, meaning car manufacturers such as...

  • BRUSSELS— All new vehicles in the European Union will have to be fitted as of 2018 with a system that automatically calls the emergency services in case of an accident. EU lawmakers on Tuesday decided to make the eCall system mandatory for all new cars and light-duty vehicles sold in the 28- nation bloc. Sensors in the car automatically transmit its location, the...

  • BRUSSELS— Hopes for a deal on Greece's bailout rose on Tuesday after the prime minister said he expected an agreement could be reached within two weeks and the European Union reported a pick-up in the negotiations. The European Union said Tuesday that Greece's talks with its creditors were "being made more productive and efficient" as the country faces a...

  • EU president promises Moldova closer cooperation Tuesday, 28 Apr 2015 | 7:10 AM ET

    CHISINAU, Moldova— The EU president has promised Moldova closer cooperation with the European Union, while urging it to reform its justice system and banking sector and fight corruption. Donald Tusk called Moldova, which neighbors Ukraine and Romania, "a key... partner of the European Union." He later said it was the most promising of the EU's eastern partnership...

  • Could UK's Q1 GDP disappoint?   Tuesday, 28 Apr 2015 | 12:53 AM ET
    Could UK's Q1 GDP disappoint?

    George Buckley, chief U.K. economist at Deutsche Bank, outlines his expectations for the U.K.'s first-quarter GDP reading and explains what that means for the Bank of England's monetary policy.