EU

It is rocket science: EU to speed up space ambitions, Breton says

It is rocket science: EU to speed up space ambitions, Breton says

Published 28/06/2020

PARIS (Reuters) - The European Union will plough more money into rocket launches, satellite communication and space exploration to preserve its often unsung successes in [more…]

Spain, Ireland, Luxembourg vie for Eurogroup leadership

Spain, Ireland, Luxembourg vie for Eurogroup leadership

Published 25/06/2020

BRUSSELS/MADRID (Reuters) - Finance ministers of Spain, Ireland and Luxembourg are in the running to chair meetings of the powerful Eurogroup of euro zone finance [more…]

With a bit of oomph, Brexit deal feasible in July, says UK’s Johnson

With a bit of oomph, Brexit deal feasible in July, says UK’s Johnson

Published 15/06/2020

BRUSSELS/LONDON (Reuters) - Leaders from Britain and the European Union agreed on Monday that talks on their future relationship should be stepped up to clinch [more…]

EU’s Vestager wants power to investigate foreign aided bids for European companies

EU’s Vestager wants power to investigate foreign aided bids for European companies

Published 09/06/2020

BRUSSELS (Reuters) - Foreign state-backed or state-owned companies seeking to acquire European companies may be investigated to see if they are benefiting from unfair subsidies, [more…]

U.S. steers clear as global COVID-19 pledging conference begins

U.S. steers clear as global COVID-19 pledging conference begins

Published 04/05/2020

BRUSSELS (Reuters) - World leaders launched a pledging “marathon” on Monday - without the United States - to raise at least $8 billion for research [more…]

EU leaders unlikely to agree post-coronavirus economic plan on Thursday: sources

EU leaders unlikely to agree post-coronavirus economic plan on Thursday: sources

Published 21/04/2020

BRUSSELS (Reuters) - European Union leaders meeting are on Thursday expected to defer a final decision on how to finance the bloc’s economic recovery in [more…]

Key EU states agree coronavirus economic rescue -text of draft deal

Key EU states agree coronavirus economic rescue -text of draft deal

Published 09/04/2020

BRUSSELS (Reuters) - European Union countries on Thursday evening agreed the emergency credit lines from the euro zone’s bailout fund “will be available until COVID-19 [more…]

EU clears 50 billion pound UK ‘umbrella’ scheme to support economy

EU clears 50 billion pound UK ‘umbrella’ scheme to support economy

Published 06/04/2020

BRUSSELS (Reuters) - The European Commission said on Monday it had approved a 50 billion pound ($61.5 billion) British “umbrella” scheme to support companies affected [more…]

Explainer: Euro zone eyes package to support economy against coronavirus

Explainer: Euro zone eyes package to support economy against coronavirus

Published 01/04/2020

BRUSSELS (Reuters) - With the euro zone economy in need of help from the coronavirus pandemic, officials have until April 9 to design a package [more…]

EU’s Breton: Coronavirus costs €1 billion per month to European tourism

EU’s Breton: Coronavirus costs €1 billion per month to European tourism

Published 02/03/2020

PARIS (Reuters) - The coronavirus outbreak, which is grounding Chinese tourists, is costing the European tourism industry around one billion euros per month in lost [more…]