GO
Loading...

Belgium

More

  • EU leaders to endorse investment plan in search for growth Wednesday, 17 Dec 2014 | 12:45 PM ET

    BRUSSELS, Dec 17- European Union leaders will agree on Thursday to set up a highly leveraged investment fund they hope can kick-start the bloc's economy and reduce high unemployment and public debt. The plan, presented by the executive European Commission last month and set to be endorsed by the 28 national leaders at a Brussels summit, is to use 21 billion euros...

  • BRUSSELS, Dec 17- The International Monetary Fund estimates Ukraine needs another $15 billion in financing to withstand an economic crisis but the European Union has only limited capacity to help, European Commission President Jean-Claude Juncker said on Wednesday. Ukraine will need $15 billion in addition to what is already planned, "he told the European...

  • German Cabinet OKs car toll for foreigners Wednesday, 17 Dec 2014 | 6:14 AM ET

    BERLIN— Beware foreign drivers: Germany's Cabinet has approved plans for a car toll on the country's highways that aims to raise money from foreign drivers and has caused friction with Brussels. Transport Minister Alexander Dobrindt said the plan would raise 500 million euros per year. Dobrindt said the plan is "worthwhile, fair and just" and insisted it...

  • BRUSSELS, Dec 17- The European Union will widen its ban on investment in Crimea to target Russian Black Sea oil and gas exploration, EU officials said on Wednesday, tightening sanctions first imposed over Moscow's annexation of the region. At a summit on Thursday and Friday in Brussels, EU leaders meeting in the European Council will announce the punitive...

  • European Commission concerned about Russian economy Wednesday, 17 Dec 2014 | 5:18 AM ET

    BERLIN, Dec 17- The European Commission is worried about recent developments in Russia and has no interest in seeing the country's economy hobbled, a Commission official said on Wednesday. "We are all watching the economic developments in Russia with concern," the official said at a briefing in Berlin ahead of a summit of European Union leaders that starts on...

  • PARIS, Dec 16- There is a broad consensus on the European Central Bank's governing council in favor of more action to revive the economy and a decision on what tools to use could come soon, Executive Board member Benoit Coeure said in an interview published on Tuesday. The size of the ECB's balance sheet is important as a signal of its determination to act, he said, but "...

  • BRUSSELS, Dec 15- The European Union agreed on Monday to implement a German-British plan to revive Bosnia's bid to join the bloc, which rests on a new government's commitment to reform. Britain and Germany proposed last month to offer EU funds to Bosnia in return for institutional reform, an initiative that was followed up by the EU's foreign policy chief...

  • EU: Greek defiance on debt would be 'suicidal' Monday, 15 Dec 2014 | 9:29 AM ET

    ATHENS, Greece— A refusal by Greece to repay bailout debts would be "suicidal" for the country, the European Union's top finance official said Monday in a clear warning to the country's popular opposition. Moscovici's two-day visit went ahead despite stalled negotiations between Greece and bailout creditors, and took place ahead of a parliamentary vote that...

  • MOSCOW, Dec 15- Moving closer to the European Union offers no panacea for Ukraine's financial problems and will mean big losses in economic ties with Moscow, Russian Prime Minister Dmitry Medvedev said in an article published on Monday. He said Moscow had for many years provided generous terms in deals with Kiev which had helped build up Ukraine's economy but...

  • After "Hoovergate", EU torn over power-saving rules Monday, 15 Dec 2014 | 4:00 AM ET

    Now, fear of fuelling rage at Brussels bureaucracy, especially in Britain where critics branded the "Hoover ban" a foreign attack on consumer freedoms, is pushing new EU leaders to axe a host of planned regulations in proposals expected on Tuesday. Yet Jean-Claude Juncker's European Commission is also under pressure to keep rolling out more laws on the "...

  • Belgian strike paralyzes traffic, idles industry Monday, 15 Dec 2014 | 3:05 AM ET

    BRUSSELS— A general strike paralyzed Belgium's air and rail traffic and idled scores of companies across the country Monday as trade unions capped a month of labor action against government austerity policies. The strike had an immediate international impact since Brussels Airport, a busy hub with connections throughout Europe and beyond, had no traffic...

  • *Any attempt at "re-set" with Russia could divide EU. *Mogherini to visit Ukraine, could go to Russia. Her resolve is about to be tested as the bloc debates whether it is time to mend its relationship with Russia.

  • LODZ, Poland, Dec 14- The European Union has given Poland more than 100 million euros to build at least three "ghost" airports in places where there are not enough passengers to keep them in business. Poland is not the only country in Europe to have built airports that struggle to attract flights. Poland received 615.7 million euros in EU support for airports between...

  • BRUSSELS, Dec 13- Hacking of computers at Belgian telecoms firm Belgacom, alleged to have been carried out by a British spy agency, was more far-reaching than previously thought and went undetected for more than two years, according to reports published on Saturday. News of the intrusion into Belgacom's networks first broke late last year when Belgium asked...

  • London hit by air traffic control computer failure Friday, 12 Dec 2014 | 10:40 AM ET

    LONDON— The British government has demanded an investigation after a computer failure Friday at one of Britain's two air traffic control centers caused a major disruption of air traffic into and out of London. The congested airspace over the British capital was closed during the 35- minute shutdown, leading to severe delays and flight cancellations in...

  • Libya's airlines banned from EU skies Thursday, 11 Dec 2014 | 11:18 AM ET

    BRUSSELS— The European Union has banned Libya's seven airlines from operating in European skies, citing safety concerns linked to the ongoing fighting there. Violeta Bulc, EU commissioner for transport, said Thursday that "recent events in Libya have led to a situation whereby the civil aviation authority is no longer able to fulfil its international...

  • OMISALJ, Croatia, Dec 10- Spurred by the demise of Russia's South Stream gas pipeline project, Croatia has revived a decade-old idea of building a liquefied natural gas import terminal at the deepwater oil port of Omisalj on the island of Krk. But the Ukraine crisis and the collapse of South Stream have refocused minds in central and eastern European nations on...

  • LONDON, Dec 10- Walt Disney Co, commodities group Koch Industries and others agreed deals in Luxembourg that could have delivered huge tax savings, a group of investigative journalists has reported, heightening an international debate on corporate tax avoidance. The International Consortium of Investigative Journalists said the two companies engaged in...

  • *Greece may get credit line till February- Schaeuble. If Samaras fails to secure victory in parliament for his presidential candidate, snap national elections will be called that the leftist Syriza party- a fierce opponent of Greece's bailout deal with the European Union and IMF- is likely to win. The Athens general stock index tumbled 12.8 percent, its biggest...

  • EU-Cuba talks delayed by dispute over cultural event Tuesday, 9 Dec 2014 | 10:00 AM ET

    BRUSSELS/ HAVANA, Dec 9- Cuba has delayed negotiations towards an accord with the European Union aimed at opening up the Communist-ruled island, citing a dispute over an EU cultural event in Washington, people close to the matter said on Tuesday. The third round of talks, due to take place on Jan. 8-9 in Havana, was scheduled to discuss human rights, always a sensitive...