Juncker wants EU finance minister, no separate euro budget or parliament
The European Union should have a minister of economy and finance but no separate euro zone budget or parliament, the head of the European Commission said on Wednesday. More »
The European Union should have a minister of economy and finance but no separate euro zone budget or parliament, the head of the European Commission said on Wednesday. More »
Google (GOOGL.O) has submitted details of how it plans to stop favoring its shopping service to comply with a European Union antitrust order, EU regulators said on Tuesday. More »
Industrial output in the 19 countries sharing the euro currency fell by more than expected in June, as the production of capital and durable goods fell following sharp increases in the previous month, European statistics office Eurostat said on Monday. More »
Bavarian Finance Minister Markus Soeder (CSU) arrives in the Bavarian state parliament in Munich July 17, 2012. A senior member of German Chancellor Angela Merkel’s Bavarian allies rejected French President Emmanuel Macron’s plans to reform the euro zone by in... More »
German Chancellor and leader of the conservative Christian Democratic Union party CDU Angela Merkel and German Finance Minister Wolfgang Schaeuble (R) attend the CDU party convention in Essen, Germany, December 7, 2016. Wolfgang Schaeuble has won his parliamen... More »
European Union’s chief Brexit negotiator Michel Barnier and his delegation and Britain’s Secretary of State for Exiting the European Union David Davis and his delegation attend a first full round of talks on Britain’s divorce terms from the European Union, in ... More »
European Union’s chief Brexit negotiator Michel Barnier and his delegation and Britain’s Secretary of State for Exiting the European Union David Davis and his delegation attend a first full round of talks on Britain’s divorce terms from the European Union, in ... More »
A building belonging to Teva Pharmaceutical Industries, the world’s biggest generic drugmaker and Israel’s largest company, is seen in Jerusalem February 8, 2017. EU antitrust regulators charged Israeli drugmaker Teva (TEVA.TA) (TEVA.N) on Monday with doing an... More »
FILE PHOTO – A one Euro coin is seen in this picture illustration taken in Rome, Italy July 9, 2015. The European Commission recommended on Wednesday the end of disciplinary procedures against Greece over its excessive deficit after improvements in its fiscal ... More »
European Union’s chief Brexit negotiator Michael Barnier addresses a news conference at the EU Commission headquarters in Brussels, Belgium, July 12, 2017. The European Union’s chief Brexit negotiator Michel Barnier said there were many differences with Britai... More »
British Prime Minister Theresa May arrives at the EU summit in Brussels, Belgium, June 23, 2017. REUTERS/Eric Vidal British Prime Minister Theresa May said on Friday the offer she had made on the rights of EU citizens to live in Britain after Brexit was very f... More »
Dutch Finance Minister and Eurogroup President Jeroen Dijsselbloem rings the bell as he chairs a eurozone finance ministers meeting in Brussels, Belgium May 22, 2017. REUTERS/Francois Lenoir The sale of Banco Popular to Santander (SAN.MC) was a success, the he... More »
FILE PHOTO: The logo of Nike (NKE) is seen in Los Angeles, California, United States, April 12, 2016. REUTERS/Lucy Nicholson/File Photo EU antitrust regulators opened an investigation on Wednesday into U.S. footwear maker Nike (NKE.N), Comcast’s (CMCSA.O) Univ... More »
FILE PHOTO: A worker controls a tapping of a blast furnace at Europe’s largest steel factory of Germany’s industrial conglomerate ThyssenKrupp AG in the western German city of Duisburg December 6, 2012. REUTERS/Ina Fassbender/File Photo Euro zone industrial ou... More »
Greek Prime Minister Alexis Tsipras (L) welcomes French Finance Minister Bruno Le Maire at his office in Maximos Mansion in Athens, Greece, June 12, 2017. REUTERS/Costas Baltas Euro zone finance ministers and the International Monetary Fund are likely to strik... More »
FILE PHOTO: European Union Justice Commissioner Vera Jourova holds news conference at the EC headquarters in Brussels, Belgium January 10, 2017. REUTERS/Yves Herman The European Union wants to make it easier for law enforcement authorities to get electronic ev... More »
An European Union (EU) flag is pictured during a ceremony in Lausanne, Switzerland May 4, 2017. REUTERS/Denis Balibouse The EU executive will suggest on Wednesday the euro zone might need to issue collective debt and run a joint budget, among proposals for bol... More »
U.S. President Donald Trump and his wife Melania visit the Sistine Chapel after a private audience with Pope Francis at the Vatican, May 24, 2017. Osservatore Romano/Handout via REUTERS After a warm welcome in the Middle East and a “fantastic” visit with the p... More »
U.S. First lady Melania Trump (L) walks with Amelie Derbaudrenghien, partner of Belgian’s Prime Minister Charles Michel, at the Brussels Airport in Brussels, Belgium, May 24, 2017. REUTERS/Hannah McKay As her reality TV star husband meets many of his Western a... More »
Greek Finance Minister Euclid Tsakalotos attends a eurozone finance ministers meeting in Brussels, Belgium May 22, 2017. REUTERS/Francois Lenoir Euro zone finance ministers failed to agree on debt relief for Greece with the International Monetary Fund on Monda... More »
German Foreign Minister Sigmar Gabriel address the media after a private meeting in Mexico City, Mexico, May 19, 2017. REUTERS/Edgard Garrido German Foreign Minister Sigmar Gabriel on Monday urged euro zone finance ministers and the International Monetary Fund... More »
Dutch Finance Minister and Eurogroup President Jeroen Dijsselbloem talks to the media as he arrives at European Union finance ministers meeting in Brussels, Belgium February 21, 2017. REUTERS/Francois Lenoir A decision on debt relief for Greece will only be ta... More »
German Chancellor Angela Merkel and French President Emmanuel Macron listen to national anthems during a ceremony at the Chancellery in Berlin, Germany, May 15, 2017. REUTERS/Fabrizio Bensch German Chancellor Angela Merkel said she and France’s new president, ... More »
Canada’s Finance Minister Bill Morneau (R) speaks with Bundesbank President Jens Weidmann during the G7 for Financial ministers meeting in the southern Italian city of Bari, Italy May 12, 2017. REUTERS/Alessandro Bianchi An economic recovery and robust outlook... More »
A man exits the Uber offices in Queens, New York, U.S., February 2, 2017. REUTERS/Brendan McDermid – Ride-hailing app Uber is providing transportation services, an adviser to the top European Union court said on Thursday, dealing a blow to the U.S. start-up wh... More »
European Commission Vice-President Jyrki Katainen is interviewed by Reuters on the fringe of a European People Party (EPP) summit in St Julian’s, Malta, March 30, 2017. REUTERS/Darrin Zammit Lupi The next steps in euro zone integration after Brexit could inclu... More »
FILE PHOTO: Eurogroup President Jeroen Dijsselbloem holds a news conference during a Euro zone finance ministers emergency meeting on the situation in Greece in Brussels, Belgium June 27, 2015. REUTERS/Yves Herman/File Photo By upsetting southern Europeans wit... More »
Dutch Finance Minister and Eurogroup President Jeroen Dijsselbloem talks to the media as he arrives at European Union finance ministers meeting in Brussels, Belgium February 21, 2017. REUTERS/Francois Lenoir The chairman of euro zone finance ministers Jeroen D... More »
European Competition Commissioner Margrethe Vestager holds a news conference at the EU Commission’s headquarters in Brussels, Belgium March 13, 2017. REUTERS/Francois Lenoir The European Commission’s Competition Commissioner Margrethe Vestager criticized on We... More »
FILE PHOTO: U.S Secretary of State Rex Tillerson looks on during a joint press conference with Chinese Foreign Minister Wang Yi (not pictured) at Diaoyutai State Guesthouse in Beijing, China, March 18, 2017. REUTERS/Lintao Zhang/Pool U.S. Secretary of State Re... More »
FILE PHOTO: Dutch Finance Minister and Eurogroup President Jeroen Dijsselbloem talks to the media as he arrives at European Union finance ministers meeting in Brussels, Belgium, February 21, 2017. REUTERS/Francois Lenoir/File Photo Euro zone finance ministers ... More »
Dutch Finance Minister and Eurogroup President Jeroen Dijsselbloem talks to the media as he arrives at European Union finance ministers meeting in Brussels, Belgium February 21, 2017. REUTERS/Francois Lenoir Jeroen Dijsselbloem, the chair of the Eurogroup of e... More »
The Facebook logo is displayed on their website in an illustration photo taken in Bordeaux, France, February 1, 2017. REUTERS/Regis Duvignau European consumer protection authorities will ask social media companies Facebook Inc, Alphabet Inc and Twitter Inc to ... More »
FILE PHOTO: Dutch Finance Minister and Eurogroup President Jeroen Dijsselbloem talks to the media as he arrives at European Union finance ministers meeting in Brussels, Belgium, February 21, 2017. REUTERS/Francois Lenoir/File Photo Jeroen Dijsselbloem could we... More »
Belgian artist sculptor Jean-Henri Compere completes its commemorative work dedicated to the victims of terrorist attacks in Brussels, Belgium March 15, 2017. REUTERS/Eric Vidal A Belgian artist is installing a metal sculpture shaped like rising waves near the... More »
European Council President Donald Tusk (Bottom, C) chairs a European Union leaders’ summit in Brussels, Belgium March 10, 2017. REUTERS/Francois Lenoir Jan Bartunek and Waverly Colville More »
A Brussels conference to finance global family planning initiatives raised 181 million euros ($190.34 million) after a U.S. halt to such programs left NGOs worldwide with a large funding gap. More »
U.S. President Donald Trump is interviewed by Reuters in the Oval Office at the White House in Washington, U.S., February 23, 2017. REUTERS/Jonathan Ernst Germany does not yet have a full picture of the approach U.S. President Donald Trump’s administration is ... More »
Greek flags are displayed for sale for one Euro at a shop in central in Athens, Greece July 26, 2015. REUTERS/Yiannis Kourtoglou Around half of Germans are against granting debt relief to Greece and around three in 10 want the debt-laden country to quit the eu... More »
Turkish Cypriot leader Mustafa Akinci (R) and Greek Cypriot leader, Cypriot President Nicos Anastasiades, drink coffee in old Nicosia May 23, 2015. REUTERS/Yiannis Kourtoglou Cyprus reunification talks were in disarray on Wednesday after reports the Turkish Cy... More »
FILE PHOTO:A worker walks in the foundry at the Areva Creusot Forge site in Le Creusot, France, January 11, 2017. REUTERS/Robert Pratta/File Photo Euro zone inflation rose to an annual rate of 1.8 percent in January, the European Union statistics agency said o... More »
Poland’s Foreign Minister Witold Waszczykowski speaks during a news briefing with his Ukrainian counterpart Pavlo Klimkin (not seen) in Kiev, Ukraine, September 13, 2016. REUTERS/Valentyn Ogirenko Poland considers its dispute with the European Commission about... More »
Greek Finance Minister Euclid Tsakalotos talks to European Economic and Financial Affairs Commissioner Pierre Moscovici (R) during a eurozone finance ministers meeting in Brussels, Belgium February 20, 2017. REUTERS/Francois Lenoir Greece and its international... More »
A display for the Windows 10 operating system is seen in a store window at the Microsoft store at Roosevelt Field in Garden City, New York July 29, 2015. REUTERS/Shannon Stapleton European Union data protection watchdogs said on Monday they were still concerne... More »
Vice President Mike Pence gestures during a statement after a meeting at the NATO headquarters in Brussels, Belgium, February 20, 2017. REUTERS/Eric Vidal U.S. Vice President Mike Pence assured the European Union in Brussels on Monday that the Trump administra... More »
Michael Flynn (C) arrives prior to a joint news conference between Canadian Prime Minister Justin Trudeau and U.S. President Donald Trump at the White House in Washington, U.S., February 13, 2017. REUTERS/Carlos Barria U.S. Vice President Mike Pence said on Mo... More »
U.S. President Donald Trump takes questions during a news conference at the White House in Washington, U.S., February 16, 2017. REUTERS/Kevin Lamarque U.S. President Donald Trump believes in a free and independent press but he will not hesitate to point out fl... More »
U.S. Vice President Mike Pence briefs the media at the EU Commission headquarters in Brussels, Belgium, February 20, 2017. REUTERS/Francois Lenoir U.S. President Donald Trump expects by the end of the year “real progress” among NATO allies to step up their def... More »
U.S. Vice President Mike Pence poses at the European Council in Brussels, Belgium, February 20, 2017. REUTERS/Francois Lenoir U.S. President Donald Trump is strongly committed to working with the European Union toward common objectives of peace and prosperity,... More »
U.S. Vice President Mike Pence poses with European Council President Donald Tusk in Brussels, Belgium, February 20, 2017. REUTERS/Francois Lenoir European Council President Donald Tusk said on Monday that U.S. Vice President Mike Pence agreed with him on the n... More »
German Finance Minister Wolfgang Schaeuble attends a presentation of a newly designed 2-Euro coin at the Chancellery in Berlin, Germany February 10, 2017. REUTERS/Hannibal Hanschke German Finance Minister Wolfgang Schaeuble denied on Sunday that he had said Gr... More »
Trade between the European Union and the United States fell last year for the first time since 2013, estimates of the EU statistics agency showed on Wednesday, in line with a general drop in global trade. More »
Pound coins are seen in front of a displayed EU flag in this picture illustration taken January 18, 2017. REUTERS/Dado Ruvic/Illustration The European Commission said on Monday that uncertainty about U.S. policies, Brexit and elections in Germany and France wo... More »
A Greek flag flutters in the wind as tourists visit the archaeological site of the Acropolis hill in Athens, Greece July 26, 2015. REUTERS/Ronen Zvulun/File Photo Euro zone lenders and the International Monetary Fund have reached agreed between themselves to p... More »
FILE PHOTO: German Chancellor Angela Merkel arrives for a welcoming ceremony during the Group of 20 (G20) leaders summit in the Mediterranean resort city of Antalya, Turkey, November 15, 2015. REUTERS/Murad Sezer/File Photo Germany will press the Group of 20 t... More »
Police searched homes and other properties in Britain and the German state of North-Rhine Westphalia on Wednesday for evidence on two suspects believed to have supported Islamist group Jabhat al-Nusra, Germany’s chief federal prosecutor’s office said. More »
The Netflix sign on is shown on an iPad in Encinitas, California, April 19,2013. REUTERS/Mike Blake/File Photo European Union institutions moved a step closer on Tuesday to letting consumers access their online subscriptions for services like Netflix or Sky wh... More »
Wolfgang Schaeuble, German Minister of Finance attends the World Economic Forum (WEF) annual meeting in Davos, Switzerland January 20, 2017. REUTERS/Ruben Sprich Germany believes the International Monetary Fund (IMF) will remain on board with Greece’s bailout,... More »
German Foreign Minister Frank-Walter Steinmeier attends a news conference after a meeting in Paris, France December 10, 2016. REUTERS/Benoit Tessier Germany must brace itself for turbulent times under U.S. President Donald Trump, Foreign Minister Frank-Walter ... More »
A tourist carrying a Union Flag umbrella walks in the rain during a spell of wet weather, next to The Tower of London, in London, Britain January 15, 2017. REUTERS/Peter Nicholls Just as London appears to be coming round to the idea that it will need a tempora... More »
Euro zone lenders put a short-term debt relief deal for Greece on hold on Wednesday after the Athens government proposed a one-off payout to pensioners, the euro zone bailout fund ESM said. More »
A 3D printed Apple logo is seen in front of a displayed European Union flag in this illustration taken September 2, 2016. REUTERS/Dado Ruvic/Illustration Apple (AAPL.O) will launch a legal challenge this week to a record $14 billion EU tax demand, arguing that... More »
European Commissioner for Economic and Financial Affairs Pierre Moscovici attends a news conference with Portugal’s Finance minister Mario Centeno (not pictured) in Lisbon, Portugal November 18, 2016. REUTERS/Rafael Marchante Italy can handle the fallout from ... More »
Dutch Finance Minister and Eurogroup President Jeroen Dijsselbloem attends a euro zone finance ministers meeting in Brussels, Belgium, November 7, 2016. REUTERS/Yves Herman Political instability in Italy makes life more difficult for Italy and the whole euro z... More »
Elke Koenig, Chair of the Single Resolution Board, speaks during an interview with Reuters in Brussels, Belgium, August 10, 2016. REUTERS/Francois Lenoir The head of the euro zone banking watchdog, the Single Resolution Board (SRB), said on Monday that Italian... More »
Euro coins are seen in front of a displayed Greece flag in this picture illustration, June 29, 2015. REUTERS/Dado Ruvic/File Photo Euro zone finance ministers hope to reach a compromise on Greek reforms on Monday in a final bid to get International Monetary Fu... More »
Dutch Finance Minister and Eurogroup President Jeroen Dijsselbloem gestures during a European Union finance ministers meeting in Brussels, Belgium, July 12, 2016. REUTERS/Francois Lenoir The European Union cannot let London remain the main financial center for... More »
A man holds his smartphone which displays the Google home page, in this picture illustration taken in Bordeaux, Southwestern France, August 22, 2016. REUTERS/Regis Duvignau U.S. tech giants including Facebook, Twitter, Google’s YouTube and Microsoft will have ... More »
French Foreign Minister Jean-Marc Ayrault said on Tuesday that there was still an enormous amount of work to be done on the ceasefire process for eastern Ukraine but added that talks had not broken down altogether. More »
Germany’s Foreign Minister Frank-Walter Steinmeier (L) greets Ukraine’s Foreign Minister Pavlo Klimkin as their Russian counterpart Sergei Lavrov stands nearby during talks on the crisis in eastern Ukraine in Minsk, Belarus, November 29, 2016. REUTERS/Vasily F... More »
German Finance Minister Wolfgang Schaeuble takes questions from reporters during a press conference with Chinese Finance Minister Lou Jiwei (not pictured) at the annual meetings of the IMF and World Bank Group in Washington October 7, 2016. REUTERS/James Lawle... More »
A photo illustration shows the Uber app logo displayed on a mobile telephone, as it is held up for a posed photograph in central London, Britain October 28, 2016. REUTERS/Toby Melville/Illustration Uber [UBER.UL] will seek to convince Europe’s top court next w... More »
Euro coins are seen in front of displayed flag and map of European Union in this picture illustration taken in Zenica, May 28 2015. REUTERS/Dado Ruvic The euro zone has withstood several crises since 2008 that have thrown the 19-nation bloc’s very existence in... More »
Guenther Oettinger, European Commissioner for Digital Economy and Society, delivers a speech at the world’s biggest computer and software fair CeBit in Hanover, Germany, March 14, 2016. REUTERS/Nigel Treblin European Commissioner Guenther Oettinger issued a fo... More »
A street vendor displays Greek national flags for sale in front of the Bank of Greece headquarters during a student parade marking the ”Ohi” (No) day, the country’s rejection on Italy’s ultimatum to surrender as the World War II flared up, in Athens, Greece, O... More »
Thousands of people demonstrate against the Transatlantic Trade and Investment Partnership (TTIP) and the EU-Canada Comprehensive Economic and Trade Agreement (CETA) in the centre of Brussels, Belgium September 20, 2016. Reuters/Eric Vidal Southern Belgium is ... More »
Jeroen Dijsselbloem participates in a discussion on the global economy during the World Bank/IMF Annual Meeting in Washington October 9, 2014. REUTERS/Joshua Roberts The fine proposed by the United States for Deutsche Bank is too big and undermines financial s... More »
Greek and EU flags flutter at an open air kiosk in Athens, Greece, June 22, 2015. REUTERS/Yannis Behrakis Euro zone finance ministers are likely to approve on Monday the disbursement of much or all of the money from the 2.8 billion euro ($3.14 billion) tranche... More »
European Central Bank (ECB) President Mario Draghi addresses the European Parliament’s Economic and Monetary Affairs Committee in Brussels, Belgium September 26, 2016. REUTERS/Yves Herman European Central Bank interest rates will stay low until euro zone econo... More »
Euro coins are seen in front of a displayed Greece flag in this picture illustration, June 29, 2015. REUTERS/Dado Ruvic/File Photo Euro zone finance ministers gave Greece a positive review of its reforms on Monday but divided up the latest tranche of aid to At... More »
Italian Prime Minister Matteo Renzi makes a speech during a news conference in Rome, Italy, November 24, 2015. REUTERS/Tony Gentile/File Photo He’s rude about Brussels, calls Berlin stingy with cash and Paris mean on helping refugees- he threw a tantrum this m... More »
A Google search page is seen through a magnifying glass in this photo illustration taken in Berlin, August 11, 2015. REUTERS/Pawel Kopczynski/Files EU antitrust regulators plan to order Alphabet’s (GOOGL.O) Google to stop paying financial incentives to smartph... More »
A Syngenta logo is pictured in their office in Singapore, February 12, 2016. REUTERS/Edgar Su/File Photo China National Chemical Corp (ChemChina) [CNNCC.UL] has sought antitrust approval for its $43 billion bid for Swiss pesticides and seeds group Syngenta (SY... More »
Dutch Finance Minister and Eurogroup President Jeroen Dijsselbloem reacts during a European Union finance ministers meeting in Brussels, Belgium, July 12, 2016. REUTERS/Francois Lenoir Multinational companies should refrain from tax-avoidance practices and pay... More »
Dutch Finance Minister and Eurogroup President Jeroen Dijsselbloem gestures during a European Union finance ministers meeting in Brussels, Belgium, July 12, 2016. REUTERS/Francois Lenoir Fighting tax avoidance should be a cornerstone of a push by EU authoritie... More »
Protesters depicting Statue of Liberty (L) and Europa on the bull take part in a demonstration against Transatlantic Trade and Investment Partnership (TTIP) free trade agreement ahead of U.S. President Barack Obama’s visit in Hannover, Germany April 23, 2016. ... More »
BRUSSELS Economic growth in the euro zone slowed in the second quarter as uncertainty before the British vote to leave the European Union swirled, data showed on Friday, and economists said it could be a sign of future weaker growth. Gross domestic product (GD... More »
BRUSSELS Inflation rose more than expected in the euro zone in July, driven mostly by higher prices of food, alcohol and tobacco products, according to a first estimate from the EU’s statistics agency released on Friday. Eurostat said that inflation in the 19 ... More »
MADRID Spain’s economy may grow around 2.9 percent in 2016, up from the current official target of 2.7 percent, although 2017 could come under pressure due to lower global growth, acting Economy Minister Luis de Guindos said on Sunday. “New macroeconomic proje... More »
BRUSSELS New Foreign Secretary Boris Johnson said he would assure his EU counterparts on Monday that Britain would continue to cooperate closely with them once it leaves the bloc following last month’s Brexit referendum. “The message I’ll be taking to our frie... More »
BRUSSELS EU foreign policy chief Federica Mogherini warned the Turkish government on Monday against taking steps that would damage the constitutional order following a failed weekend coup. “We were the first… during that tragic night to say that the legitimate... More »
BRUSSELS European foreign ministers will urge Turkish President Tayyip Erdogan on Monday to respect the law and human rights in dealing with defeated coup plotters but have limited leverage over their strategic neighbor. Diplomats said an EU line on Turkey wou... More »
BRUSSELS The European Commission does not expect any new countries to join the euro zone for at least the next three years, one of the vice presidents of the EU executive said on Thursday. “There is not going to be euro area enlargement in the next at least th... More »
BRUSSELS The British member of the EU executive, Financial Services Commissioner Jonathan Hill, resigned on Saturday after having campaigned against Britain leaving the European Union. Following the referendum vote for Brexit on Thursday, few expected a Briton... More »
BRUSSELS British companies planning mergers with EU peers will face more legal costs and regulatory hassles after Britain leaves the European Union as they will have to deal with two antitrust watchdogs, competition experts said. On the other hand, freed from ... More »
BRUSSELS An impasse between EU nations on whether to allow Monsanto’s Roundup and similar weed-killers to continue to be sold means that the European Commission, rather than national politicians, will decide the issue next week. With most EU attention focused ... More »
BRUSSELS This is a rough outline of the steps Europe plans to take after Britain’s referendum on Thursday on whether to leave the European Union, based on public and private comments by officials: DAY 1 – FRIDAY, JUNE 24 – THE THREE R’S – OR MORE Polls close a... More »
LUXEMBOURG Britain could not rejoin the European Union after leaving because membership requirements would be too onerous, Foreign Secretary Philip Hammond said on Monday. He said Thursday’s referendum on EU membership offered “no way back”. Since becoming a m... More »
BRUSSELS Brexit may be an abstract idea for many Britons but for compatriots living in continental Europe Thursday’s EU membership referendum has a very real impact — especially on those working for the Union itself in Brussels. “It’s a very weird feeling, lik... More »
LUXEMBOURG The 19 countries sharing the euro zone will strengthen their cooperation in all necessary fields regardless of the outcome of the British referendum on European Union membership next week, the head of the euro zone group of finance ministers said on... More »