Silk Road financial hub inaugurated in Kazakhstan

Euractive general - Gio, 05/07/2018 - 13:12
The “Astana International Financial Centre” or AIFC, was inaugurated today (5 July) at a lavish ceremony in the Kazakh capital.
Categorie: Euractive

Slovakia down in the dumps at €1m EU fine

Euractive general - Gio, 05/07/2018 - 12:35
The European Court of Justice ruled on Wednesday (5 July) that Slovakia has not followed EU rules on landfills and will have to pay a €1 million lump sum fine and penalty payments of €5,000 for every day of delay.
Categorie: Euractive

Britain’s May to propose new customs plan to divided government

Euractive general - Gio, 05/07/2018 - 12:00
Prime Minister Theresa May will propose on Friday (6 July) a new plan to ease trade and offer Britain more freedom to set tariffs after Brexit, in a last-ditch attempt to unite her divided government on plans to leave the European Union.
Categorie: Euractive

Swiss to revisit talks on full treaty with EU after summer break

Euractive general - Gio, 05/07/2018 - 08:55
Switzerland said on Wednesday (4 July) it had put further talks on a new treaty governing relations with the European Union, including sensitive labour market rules, on hold until after the summer break.
Categorie: Euractive

Carmaker Jaguar says ‘bad Brexit’ would mean it could not stay in UK

Euractive general - Gio, 05/07/2018 - 07:45
Britain's biggest carmaker Jaguar Land Rover said on Wednesday (4 July) a so-called "hard Brexit" would cost it 1.2 billion pounds (€1.36 billion) a year, curtailing its future operations in the United Kingdom.
Categorie: Euractive

Polish-EU tensions flare again as new law requires judges to quit

Euractive general - Gio, 05/07/2018 - 07:30
A long-running dispute between Poland and the European Union over democratic values escalated on Wednesday (4 July) when new legislation came into force that requires about a third of judges at the Supreme Court to retire.
Categorie: Euractive

Domino effect of German border closure awaits crucial Vienna talks

Euractive general - Gio, 05/07/2018 - 07:29
The Austrian government remains cautious but warned there will be consequences if the German border is closed, ahead of a meeting with Interior Minister Horst Seehofer on Thursday (5 July) in Vienna.
Categorie: Euractive

EU lawmakers back plan for European Investment Bank work in Iran

Euractive general - Gio, 05/07/2018 - 07:10
EU lawmakers gave approval on Wednesday (4 July) for the European Investment Bank (EIB) to do business in Iran, overcoming a blocking attempt and keeping alive plans to save the 2015 nuclear deal with Tehran that Washington has abandoned.
Categorie: Euractive

UK vows to play hard-ball with EU over fishing waters

Euractive general - Gio, 05/07/2018 - 06:58
The UK outlined plans to overhaul its fishing policy on Wednesday, insisting that it would decide unilaterally how much access to give to EU boats after it leaves the bloc next March.
Categorie: Euractive

Brussels remains guarded over ‘capacity mechanisms’ for power plants

Euractive general - Gio, 05/07/2018 - 06:56
The European Commission is trying to limit the development of so-called capacity mechanisms, which some member states have put in place as a way of ensuring electricity supply in situations of peak demand. EURACTIV France reports.
Categorie: Euractive

Electricity market reform: A European tour

Euractive general - Gio, 05/07/2018 - 06:41
The European Commission wants to reform “capacity mechanisms” put in place across EU member states to remunerate power plants that remain on standby in case of a demand peak, arguing they distort the market. But views differ on their value amid wide-ranging national disparities.
Categorie: Euractive

Moscovici warns Mitsotakis not to undermine Eurogroup’s deal on Greece

Euractive general - Mer, 04/07/2018 - 17:19
EU Economics Commissioner Pierre Moscovici has warned Greek conservative opposition leader Kyriakos Mitsotakis not to undermine the credibility of Greece's deal with the Eurogroup and the exit of the country from the bailout “for reasons of internal politics”.
Categorie: Euractive

The Brief – A declaration of independence

Euractive general - Mer, 04/07/2018 - 17:03
The US declared independence from the UK 242 years ago today. As the always loquacious Brexiteer Dan Hannan put it in on Twitter: “things worked out OK for them”.
Categorie: Euractive

China’s Belt and Road initiative, explained by Kazakhstan

Euractive general - Mer, 04/07/2018 - 16:38
Roman Vassilenko, deputy minister of foreign affairs of Kazakhstan, met on Wednesday (4 July) with a group of international journalists from around the world to field questions about his country's development and the China-promoted Belt and Road initiative.
Categorie: Euractive

The New Silk Road

Euractive general - Mer, 04/07/2018 - 16:37
The Belt and Road initiative largely replicates the Silk Road, a common historical heritage of China, Kazakhstan and all countries along its path. The economic potential of the initiative is huge, and so are its geopolitical effects.
Categorie: Euractive

Austria Presidency pushes for dialogue on US-EU trade dispute

Euractive general - Mer, 04/07/2018 - 16:17
Austria's EU Presidency is committed to preserving EU unity on the US trade dispute during its mandate but wants the European Commission to prioritise a transatlantic dialogue and avoid escalation.
Categorie: Euractive

Trump is wrong: Guns alone don’t make a superpower

Euractive general - Mer, 04/07/2018 - 15:30
Since his election, US President Donald Trump has been wreaking havoc wherever he goes and his next target is most probably NATO, warns Shada Islam.
Categorie: Euractive

MEPs show support for Parliament interpreters

Euractive general - Mer, 04/07/2018 - 15:27
Interpreters at the European Parliament are currently on strike, but can be requisitioned in case of a session. MEPs showed their support for them on Tuesday (3 July) by switching off their microphones for 30 minutes. reports.
Categorie: Euractive

We have the right to shape our own legal system, Polish PM tells EU

Euractive general - Mer, 04/07/2018 - 15:23
Polish Prime Minister Mateusz Morawiecki defended his country's recent overhaul of the judiciary on Wednesday (4 July), while laying out his vision for Europe's future.
Categorie: Euractive

New Democracy scolds Moscovici for backing clean exit from bailout

Euractive general - Mer, 04/07/2018 - 11:45
Greece’s conservative main opposition party “recommended” to EU Commissioner for Economic and Financial Affairs Pierre Moscovici to be “more careful” in his public speeches when he praises the government and the country’s exit from the bailout.
Categorie: Euractive
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