The free trade agreement between the EU and Canada (CETA) will provide European companies with long-term access to essential raw materials, Nickel Institute President Tim Aiken says, hoping to create more pro-business EU laws with CETA. EurActiv Germany reports.
The International Monetary Fund estimates Ukraine needs another $15 billion (€12 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 yesterday (17 December).
Ukrainian Prime Minister Arseny Yatseniuk appealed to the EU in Brussels this week for urgent financial aid. He says Ukraine, facing a pro-Russian rebellion in eastern territories that has killed over 4,700 people and disrupted the economy, risks defaulting unless Western donors come up with more funds.
For every dollar that developing countries have earned since 2008, they have lost $2, which proves that the global financial system is failing poorer nations, writes Jesse Griffiths.
Austrian premier Werner Faymann will today (18 December) protest at the British inclusion of landmark nuclear energy projects – including Hinckley Point – within its list of infrastructure eligible for funding under the proposed €315bn Juncker investment plan.
The UK has listed several nuclear-related projects within the Juncker plan, a list of 2,000 projects drawn from across all member states, which will be considered for funding under the investment plan.
British finance minister George Osborne was criticised by the head of a parliamentary committee on Wednesday (17 December) for claiming victory in a row with the European Union over an unexpected bill that triggered a diplomatic bust up with EU officials.
An initial deal on capping fees charged for paying with debit or credit cards across the 28-nation European Union has been reached by negotiators from EU governments and the economic committee of the European Union parliament, the parliament said.
The cap would apply to both cross-border and domestic card-based payments and should result in lower costs for consumers, the parliamentary statement said.
Currently, such interchange fees for card-based payments, paid by the merchant's bank to the bank that issued the card, are not transparent and differ between EU countries.
The European Parliament has voted in favour of a two-state solution to the Israel-Palestine conflict. The final resolution was heavily watered down in order to obtain the support of Europe's right wing parties. EurActiv France reports.
Greek lawmakers failed to elect a new president in a first round of voting yesterday (17 December), leaving Prime Minister Antonis Samaras looking for as many as 20 votes from independents and small parties, in order to avoid snap elections early next year.
With two more rounds still to come, a win for the government had not been expected on Wednesday. But the result was below many expectations, just meeting the minimum threshold officials had seen as adequate before the vote.
The Sweden Democrats, the far-right party that chose to bring down the newly-elected Swedish government earlier in December, is surging in the latest polls.
Europe's heads of state will review the proposed €315bn Juncker investment plan at the EU summit opening today (18 December). The issue threatens to divide the Council, with Tusk planning to finish the discussion before midnight. EurActiv France reports.
EU environmental ministers were unanimous in their opposition to the European Commission’s decision to withdraw the pending Circular Economy package, as part of the executive's drive for “better regulation”.
Commission First Vice-President Frans Timmermans yesterday announced the package, which includes rules on waste, recycling, incineration, and landfill, would be dropped from the executive’s 2015 work programme.