Sunday, 17 February 2019
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Tag Archives: EU

Mogherini, Zarif agree to work together for further implementation of INSTEX

EU foreign policy chief Federica Mogherini and Iranian FM Mohammad Javad Zarif at a meeting expressed their commitment to cooperate for further implementation of the Instrument in Support of Trade Exchanges (INSTEX), which allows bypassing US sanctions, the European External Action Service (EEAS) said in a statement. “They discussed the ...

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Brussels mulls adding Saudi Arabia to EU dirty money blacklist

BRUSSELS: The European Commission proposed adding seven countries including Saudi Arabia to the European Union’s (EU) money laundering blacklist of governments that do too little to thwart the financing of terrorism and organised crime. The new countries targeted by the commission, including Saudi Arabia and Panama, would join another 16 ...

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British Airways stops selling its shares to outside EU citizens

LONDON: The parent company of British Airways and Iberia has stopped the sales of its stock to investors outside of the European Union. EU-ownership rules dictate that more than half of an airline’s stock must be held by shareholders that are based within the economic bloc. International Consolidated Airlines Group ...

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Danske scandal: EU needs stronger anti-fraud curbs, says lawmaker

COPENHAGEN: The European Union needs tougher anti-fraud controls including a central body able to enforce laws against money laundering, European lawmakers said, describing financial crime as as a security problem for the continent. Curbs should be more uniform across the EU and its framework for swapping financial intelligence is inadequate ...

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‘Special place in Hell’ for Brexiteers: EU leader

PARIS: European Union leader Donald Tusk on Wednesday condemned those calling for Brexit with no idea how to carry it out, saying he hopes Theresa May now has a “realistic” plan. The British prime minister is due in Brussels on Thursday to discuss ways to ensure Britain’s orderly withdrawal from ...

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Apple agrees 500-mln-euro tax settlement with France

PARIS: Apple said Tuesday it had reached an agreement with French authorities to settle 10 years of back taxes, becoming the latest US company to reach a deal with France which has led a European push for higher taxes on tech giants. French news weekly L’Express reported that Apple had ...

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Germany’s Merkel says ‘still time’ to find Brexit solution

TOKYO: There is still time to find a solution to Britain’s exit from the EU, German Chancellor Angela Merkel said Tuesday, voicing optimism on a political deal over the tricky “backstop” that has stymied progress. Speaking to Japanese and German business leaders in Tokyo, Merkel stressed that “on the one ...

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150kg of suspect Polish beef sold to consumers in France: ministry

PARIS: Around 150 kilogrammes of the suspect Polish beef that has sparked a health scare in several EU countries was sold to consumers in France, the French agriculture ministry said. The meat was “sold to the consumer notably through butcher’s shops” which were now attempting to alert customers, a statement said. ...

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EU powers recognise Guaido as Venezuela’s leader

CARACAS: The UK, France, Germany, Spain and other European countries have officially recognised opposition leader Juan Guaidó as interim president of Venezuela. It comes after President Nicolás Maduro defiantly rejected the EU’s Sunday deadline to call snap elections. Russia – a backer of Mr Maduro – accused EU countries of ...

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