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Schäuble: Central banks should help prevent asset bubbles

22 Juillet, 2014 - 07:21

German Finance Minister Wolfgang Schäuble called on central banks to take into account price distortions that monetary policy could have on markets and help prevent asset bubbles, in an interview published on Monday.

Schäuble sees "signs of bubbles forming on parts of the real estate markets," he said in a joint interview with French counterpart Michel Sapin in Handelsblatt.

EU ministers speed up Russia sanctions

22 Juillet, 2014 - 07:18

EU foreign affairs ministers meet today (22 July) to speed up the implementation of sanctions against Russia decided by EU leaders on 16 July, one day before the Malaysia Airlines flight MH17 was brought down. No further sanctions are expected at this stage, diplomats said.

For all the tough talk, Europe is unlikely to punish Russia over last week's downing of the airliner that has send shockwaves across the world.

UK's new foreign secretary reiterates EU exit threat

22 Juillet, 2014 - 07:14

Britain's new Foreign Secretary Philip Hammond reiterated his position from two years ago that if Britain does not get to renegotiate its membership, it should leave the European Union.

In an interview with Andrew Marr of the BBC, Hammond reiterated his earlier stance that if the European Union failed to change and to agree to new terms for Britain's membership, he would rather leave the bloc.

Merkel eyes trade portfolio for Oettinger

22 Juillet, 2014 - 07:11

German Chancellor Angela Merkel is pushing for Günther Oettinger to be assigned the trade portfolio in the new European Commission, fuelling optimism in Germany’s economic sector. EurActiv Germany reports.

Britain, France, Germany eye fresh Russia sanctions after plane disaster

20 Juillet, 2014 - 21:19

Britain, Germany and France agreed on Sunday they should be ready to ratchet up sanctions on Russia over the downing of a Malaysian jet carrying 298 passengers when European foreign ministers meet in Brussels on Tuesday (22 July).

Ukraine on Sunday accused separatist rebels of hiding evidence that a Russian missile was used in the shooting down of the airline that has intensified a showdown between the Kremlin and Western powers.

EU: Apple should do more to tackle in-app purchases problem

18 Juillet, 2014 - 15:12

Apple has provided no concrete and immediate solutions to tackle the problem of adults and children racking up credit card bills by making "in-app" purchases on tablets and mobile phones, the European Commission said on Friday (18 July).

Following concerns raised by consumer groups in a number of European countries, the EU executive called in industry members, policymakers and consumer protection authorities to discuss clearer guidelines in February.

Germany's deportees cannot be held in prisons, ECJ rules

18 Juillet, 2014 - 15:04

Third country citizens awaiting deportation must be detained separately from regular prisoners, the European Court of Justice ruled on Thursday (17 July), rejecting detention practices in several of Germany's Länder. EurActiv Germany reports.

EU official: Downing of Malaysian plane ‘provides opportunity’

18 Juillet, 2014 - 14:47

As cynical as it may sound, an EU official said today (18 July) that the downing over Eastern Ukraine of a Malaysia Airlines Boeing 777, en route from Amsterdam to Kuala Lumpur, “provides an opportunity”, for the first time, to have direct contact with pro-Russian separatists, in order to negotiate a ceasefire.

The Boeing was brought down yesterday (17 July) over Eastern Ukraine, close to the Russian border, sending shockwaves throughout the world.

EU and US mull digital economy chapter in TTIP

18 Juillet, 2014 - 13:40

European Union and US negotiators will discuss whether to devote a chapter of the Transatlantic Trade and Investment Partnership (TTIP) to the digital economy, as they have done for small-to-medium sized enterprises (SMEs).

Both the EU and US are mulling whether the digital economy is better handled across a number of chapters devoted to the different sectors it has a part in or by a stand-alone section.

Hard truths about Europe’s soft power

18 Juillet, 2014 - 13:22

Nick Witney is a senior policy fellow at the European Council on Foreign Relations (ECFR) and was the first chief executive of the European Defense Agency.

EU agrees on trade deal with Ecuador

18 Juillet, 2014 - 13:21

The European Union completed negotiations on Thursday (17 July) on a trade deal with the Ecuador that will eliminate tariffs for most of its exports to its top trading partner, the Andean nation's trade minister said.

Francisco Rivadeneira stated that the EU will extend a system of preferential tariffs that benefit Ecuador's exports and which had been due to expire in December, until the new trade deal takes effect in the second half of 2016.

Kohl encourages Merkel to pursue EU unity

18 Juillet, 2014 - 13:19

In a letter congratulating German Chancellor Angela Merkel on her 60th birthday Thursday (17 July), former German Chancellor Helmut Kohl encouraged her to focus on policy that brings Europe closer together, and emphasised the value of partnership with the United States. EurActiv Germany reports.

Parliament aims to reinvigorate European Youth Initiative

18 Juillet, 2014 - 11:24

Unemployment rates in Europe have not fallen, despite the European Youth Initiative coming into force in January 2014. MEPs have raised the alarm, and called for greater financial resources. EurActiv France reports.

Although the EU allocated an extra €6 billion to tackle youth unemployment in regions with a youth unemployment rate above 25 %, still not much has changed.

Calling time on TTIP

18 Juillet, 2014 - 11:08

The Transatlantic Trade and Investment Partnership Needs to reformulate its priorities and base itself on the founding values of the European Union, writes Emma Woodford.

Downed Malaysian plane: ‘War has gone beyond Ukraine’

18 Juillet, 2014 - 07:55

War has gone beyond the territory of Ukraine, the country’s President Petro Poroshenko has stated following the shocking news that the Malaysia Airlines Boeing 777 on a flight from Amsterdam to Kuala Lumpur was brought down yesterday (17 July) over the territory of Eastern Ukraine close to the Russian border.

EU mulls geographical indications for non-food products

18 Juillet, 2014 - 07:34

The European Commission is considering legislation protecting the geographical origin of non-agricultural products, such as Murano glass and Scottish tartans.

The names of a number of European agricultural products, such as Parma ham or Bordeaux wine, are protected by EU law.

The European Commission is now considering whether to extend geographical indications (GIs) to non-agricultural products, launching a publication consultation, or so-called 'green paper', on the matter this week (15 July).

Shift taxes from labour to environment, EEA tells ministers

18 Juillet, 2014 - 07:33

Hans Bruyninckx, he director of the European Environment Agency, has urged ministers to carry out fiscal reforms, such as moving tax from labour, to activities that damage the environment.

The EEA issued environment and employment ministers this week with a report arguing that "greener" fiscal reforms can boost employment, while protecting the environment.

Sweden wants a Commissioner portfolio only dealing with human rights

18 Juillet, 2014 - 07:30

Sweden wants the next European Commission to include a commissioner whose portfolio exclusively deals with human rights. The European Parliament elections have shown that this is necessary, says Birgitta Ohlsson, Minister for European Affairs and Democracy.

"I think it's incredibly sad that both racist, xenophobic and populist parties have become bigger in many ways around Europe. I think that we who want to protect freedom and human rights need to be better to defend this and there it would be good to have a responsible commissioner," Ohlsson told Sweden's Radio.

Greens attack 'golden hello' for interim commissioners

18 Juillet, 2014 - 07:29

Newly-elected interim commissioners will take office for just three months. They were elected in haste, and transfer allowances, to bring them to Brussels, will cost the EU €160,000. EurActiv France reports.

Merkel announces ambitious targets at Petersberg Climate Dialogue

18 Juillet, 2014 - 07:27

For the first time since the Fukushima disaster, German Chancellor Angela Merkel is pushing ambitious climate targets, and plans to promote climate-friendly strategies worldwide at the annual Petersberg Climate Dialogue in Berlin. EurActiv Germany reports.