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The European Union

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  • NEW YORK, April 21- The European Union is looking to again postpone imposing new capital rules on EU banks that trade derivatives through non-EU clearing houses, according to a document seen Tuesday. But while the EU's executive body, the European Commission, has granted equivalence to countries such as Singapore, it has pointedly refused to do so as yet for the...

  • NEW YORK, April 21- The European Union wants to delay deciding for another six months whether to keep allowing EU banks to use derivatives clearing houses outside the bloc, according to a document seen by IFR. At issue is how much capital banks in the European Union must hold when executing trades through clearing houses in the United States and elsewhere.

  • LONDON, April 21- The European Union will mount a fresh bid to persuade the United States to free up the billions of euros in collateral it requires foreign re-insurers to set aside against policies. EU states agreed on Tuesday to give the bloc's executive European Commission a mandate to negotiate a regulatory pact with the United States.

  • VIENNA, April 21- European Union leaders should agree on concrete funding for stepped-up Mediterranean search and rescue operations for migrants at a special summit this week, European Commission President Jean-Claude Juncker said on Tuesday. "In terms of funding needed for rescue missions at sea I expect that we don't ask questions on Thursday but offer...

  • European markets close: Greek debt curve   Tuesday, 21 Apr 2015 | 11:28 AM ET
    European markets close: Greek debt curve

    CNBC's Simon Hobbs reports on all the market moving events in Europe today, including the Greek deal, and Italian banks.

  • LONDON, April 21- The European Union will mount a fresh bid to persuade the United States to free up the billions of euros in collateral it requires foreign re-insurers to set aside against policies. EU states agreed on Tuesday to give the bloc's executive European Commission a mandate to negotiate a regulatory pact with the United States.

  • EU gives Ukraine $267 million in low interest loans Tuesday, 21 Apr 2015 | 11:05 AM ET

    BRUSSELS— The European Union has given Ukraine 250 million euros in low interest loans as part of a package to help revive the country's lackluster economy. Ukraine received major bailout loans from the International Monetary Fund, European Union and the U.S. last year, but has been requesting more with no clear end in sight to its economic problems.

  • BRUSSELS— The European Union has given Thailand six months to drastically crack down on illegal and unregulated fishing or face an EU seafood import ban, but has lifted the threat of similar action against South Korea and the Philippines. EU Fisheries Commissioner Karmenu Vella said Tuesday that Thailand, the third-largest seafood exporter, was given a...

  • The problem with UK-EU negotiations   Tuesday, 21 Apr 2015 | 3:30 AM ET
    The problem with UK-EU negotiations

    Roger Bootle, executive chairman of Capital Economics and author of The Trouble With Europe, says it's unlikely U.K. Prime Minister, David Cameron, will succeed in renegotiating a deal with the EU.

  • European bond yields will go lower: Expert   Monday, 20 Apr 2015 | 11:03 PM ET
    European bond yields will go lower: Expert

    Robert Parker, senior adviser, Investment, Strategy & Research Group at Credit Suisse, says bond yields in Europe are headed lower, with German bonds likely to turn negative over the next 2-3 weeks.

  • If 'Grexit' occurs, it will be the end of EU: Mobius

    Mark Mobius, executive chairman at Templeton Emerging Markets Group, says Greece has to be part of the European Union due to military reasons. If the exit occurs, it would be "the beginning of the end for the EU."

  • Not surprised if Greek talks yield no deal: Pro   Monday, 20 Apr 2015 | 7:16 PM ET
    Not surprised if Greek talks yield no deal: Pro

    Bill Stone, chief investment strategist at PNC Asset Management Group, says this week's bailout talks may not see results and explains why comments about European stocks offering "unlocked value" is a nervous proposition.

  • *Two more rescues underway near Libya, one off Greece. CATANIA, Italy/ LUXEMBOURG April 20- The European Union proposed doubling the size of its Mediterranean search and rescue operations on Monday, as the first bodies were brought ashore of some 900 people feared killed in the deadliest shipwreck while trying to reach Europe. Malta's Prime Minister Joseph...

  • European markets close: Big Greek payments   Monday, 20 Apr 2015 | 11:25 AM ET
    European markets close: Big Greek payments

    CNBC's Simon Hobbs reports on all the market moving events in Europe today, including a decree from the Greek government.

  • LUXEMBOURG— The European Union is to give Thailand six months to drastically change its policies on illegal and unregulated fishing or face an EU seafood import ban by the end of the year. Two people with knowledge of the decision told The Associated Press Monday that the 28- nation bloc will give Thailand an ultimate warning or it could face export losses of...

  • *Northern states forced to support Italy after disaster. Many European governments have long been reluctant to fund rescue operations in the Mediterranean for fear of encouraging more people to make the crossing in search of a better life in Europe, but they now face outrage over the refugee deaths. "What's at stake is the reputation of the European Union,"...

  • *Death toll from Sunday's shipwreck off Libya still unclear. VALLETTA/ CATANIA, Italy, April 20- European Union foreign ministers gathered in Luxembourg on Monday under pressure to produce more than words as bodies were brought ashore in Malta among hundreds feared drowned in the latest Mediterranean migrant tragedy. Sunday's shipwreck off Libya appears to...

  • *Northern states forced to support Italy after disaster. "What's at stake is the reputation of the European Union," Italian Foreign Minister Paolo Gentiloni told reporters as he arrived for a meeting with EU peers in Luxembourg. Northern European Union countries have so far largely left rescue operations to southern states such as Italy.

  • Grexit: 'Low probability, but high impact'?   Monday, 20 Apr 2015 | 12:38 AM ET
    Grexit: A 'low probability, but high impact' event?

    If "Grexit" occurs, markets will likely see a correction, but the negative impact will fade quickly, says Sani Hamid, director, Wealth Management, Economy & Market Strategy at Financial Alliance.

  • Why markets need to get used to Greek drama   Sunday, 19 Apr 2015 | 8:14 PM ET
    Why markets need to get used to Greek drama

    Even if talks yield a short-term technical deal this week, Greece still needs a third bailout after June to survive the next few years, says Koon How Heng, senior FX strategist at Credit Suisse.