Trends - European Union - Business Recorder

World

EU's Barnier says still looking for a way to do UK trade deal

"We keep calm, as always, and if there is still a way, we will see," he told broadcasters in London as he entered the train station to head back to Brussels after talks were paused.

Published 05 Dec, 2020 03:58pm

World

UK hangs tough on sovereignty as Brexit trade talks near climax

European Union officials stated that a post-Brexit trade deal could finally be clinched this weekend.
London insisted that negotiations were still “very difficult” and it was determined to “take back control” from the bloc it left 10 months ago.

Published 04 Dec, 2020 08:14pm

Markets

Sterling reverses losses after EU official sees ‘imminent’ Brexit deal

The British currency is see-sawing, sometimes wildly, on comments from UK and EU officials on the likelihood of a deal as the final Brexit deadline looms.

Published 04 Dec, 2020 06:04pm

World

EU-UK trade deal hangs in balance four weeks to go

Britain and EU seeking a post-Brexit trade deal from 2021.
EU official says "significant divergences" remain at talks.
Barnier to update EU on the latest on Friday.

Published 04 Dec, 2020 01:50am

World

EU envoys hope for a Brexit trade deal in days, UK sees progress

A British minister said he believed "good progress" was being made at talks but cautioned that London would not sign up to a deal that was not in its interest.

Published 03 Dec, 2020 03:42pm

World

EU tells Brexit negotiator: don't let deadline force bad trade deal

Britain and EU are seeking a trade deal by end of 2020.
Negotiations remain snagged on three issues.
Both sides say time for a deal is running out.

Published 03 Dec, 2020 12:29am

World

EU warns of risks of COVID-19 vaccine race after UK approval of Pfizer shot

Britain is the first Western country to approve a COVID-19 vaccine, a move that many see as a political coup for Prime Minister Boris Johnson's government.

Published 02 Dec, 2020 03:23pm

World

EU's Barnier says on Brexit: there are reasons for determination

As he entered trade talks in London, Barnier was asked if there was reason for optimism: "There are reasons for determination," he said.

Published 30 Nov, 2020 04:28pm

World

Time is running out for Brexit trade deal, UK minister says

With just over four weeks left until the United Kingdom finally exits the EU’s orbit on Dec. 31, both sides are demanding concessions from the other on fishing, state aid and how to resolve any future disputes.

Published 30 Nov, 2020 01:48pm

World

EU chief says no-deal still possible despite progress in UK trade talks

An EU official involved in the negotiations said a deal was possible, but not likely before the weekend at the earliest.

Published 25 Nov, 2020 08:17pm

World

EU drafts deal to upgrade 2030 climate change target next month

The current 2030 target for EU members, who together make up the European Council, is a 40% cut in emissions from 1990 levels, already higher than the amount pledged by other big emitters such as China and the United States.

Published 25 Nov, 2020 03:47pm

World

Europeans feel the coronavirus pinch, Hungarians the most-poll

The poll, commissioned by the European Parliament, was conducted online by Kantar between Sept. 25 and Oct. 7 among 24,812 participants in all 27 EU countries.

Published 20 Nov, 2020 04:24pm

World

EU says waiting for Biden to take office before commenting on cooperation

"I think we should take things one step at a time," spokesman Eric Mamer told a news briefing.
"We have had now a process in the United States ... ongoing for a while and has now led to us welcoming the victory in the election of Joe Biden."

Published 09 Nov, 2020 05:42pm

World

EU, UK fail so far to bridge gaps to secure trade deal

Three stubborn sticking points.
Fisheries presents major problems.
Talks often bitter as deadline nears.

Published 03 Nov, 2020 07:31pm

Markets

Fifth Round of Pak-European Strategic Dialogue being held today

Foreign office states the two sides would interalia share assessments on the current situation of Covid-19 pandemic

Published 03 Nov, 2020 02:18pm

World

EU will work to last minute get a Brexit trade deal, Sefcovic says

"It has to be a fair agreement for both sides - we are not going to sign an agreement at any cost," Sefcovic told reporters after a meeting with Britain's Brexit supremo Michael Gove in London.

Published 19 Oct, 2020 04:16pm

World

EU leaders agree to hold frequent COVID video-conferences

Underlining those risks, the head of the European Commission and the Finnish prime minister have had to leave a two-day EU summit that ends on Friday as a COVID-19 precaution.

Published 16 Oct, 2020 03:31pm

World

EU tells Britain to give ground to secure trade deal, UK to respond Friday

EU leaders put ball in UK's court on new trade deal.
UK Brexit negotiator says is disappointed and surprised.
EU grants more time for talks, UK PM to respond on Friday.
COVID-19 devastation makes deal more essential – Ireland.

Published 16 Oct, 2020 12:24am

Markets

EU watchdog works on ‘Plan B’ to move euro clearing from London

LCH clears the vast majority of euro-denominated swaps, an activity core to London's role as a global financial centre and which EU has long wanted to be in the bloc.

Published 14 Oct, 2020 07:51pm

World

Brexit talks at impasse on three key issues, EU diplomat says

"We want to be reassured on these three topics ... we see no movement on the other side of the Channel," the official said.

Published 14 Oct, 2020 05:17pm

World

Merkel says EU won't let Ireland down over Brexit

"But we have to bear in mind the realities because an agreement has to be in the interests of both sides, in the British interest and in the interest of the EU's 27 member states."

Published 13 Oct, 2020 07:24pm

World

EU rules out sending observers for Venezuela vote

"As the elections are not going to be postponed, the European Union can not even consider sending an election observer mission," the EU's top diplomat Josep Borrell told the European Parliament.

Published 07 Oct, 2020 04:54pm

World

EU wants a trade deal with Britain, but cannot exclude ‘no-deal’

Speaking to the European Parliament, Sefcovic said the EU's chief negotiator Michel Barnier and his team had the EU's full support.

Published 06 Oct, 2020 04:42pm

Markets

EU weekly grain export/import data delayed

The figures are usually published at around 4 pm CET (1400 GMT) on Mondays.

Published 05 Oct, 2020 07:29pm

World

Brexit trade talks to go on until mid-October EU summit

This week's round of negotiations between the EU and London on a new trade agreement after Brexit, the last scheduled, failed to resolve all the outstanding issues, the sources said.

Published 02 Oct, 2020 06:46pm

World

EU launches legal case against UK over Internal Market Bill

Such so-called infringements could lead to hefty fines being imposed by the EU's top court but that takes years, leaving plenty of time for the UK to change tack.

Published 01 Oct, 2020 03:13pm

EU summit postponed after Michel guard catches virus

Michel had learnt that "a security officer, with whom he was in close contact early last week, tested positive for COVID", Leyts said.

Published 22 Sep, 2020 08:56pm

Markets

EU to delay euro clearing decision on Brexit divorce threat

The European Commission was due to formally take that decision later this week, but is now expected to delay it until around the end of the month.
The delay was linked to Britain's perceived unpicking of the Withdrawal Agreement it signed with the bloc.

Updated 14 Sep, 2020 06:59pm

World

EU to hone ‘carrot and stick’ line on Turkey, top official says

EU schedules Sept. 24-25 summit on dealing with Turkey.
To back members Greece, Cyprus in eastern Med row with Ankara.
Dispute over maritime boundaries in energy exploration area.
EU treading thin line in approach to NATO ally Turkey.

Published 04 Sep, 2020 05:16pm

World

No-trade deal Brexit fears rise as talks stuck on state aid

UK sees 30%-40% chance of Brexit trade deal - Times
EU diplomat says it is 50-50
EU's Michel uncertain of a deal
Talks due in London next week.

Published 04 Sep, 2020 05:05pm