European Union News

Angry Cameron vows not to pay new British EU bill - Yahoo News

Fri, 10/24/2014 - 11:45am

Yahoo News

Angry Cameron vows not to pay new British EU bill
Yahoo News
But his stance triggered a major clash, with other leaders telling him to pay up and the head of the powerful European Commission insisting Cameron knew about the 2.1 billion euro ($2.6 billion) demand in advance. "I am not paying that bill on the ...

Google News

Britain's two billion euro bill explained - The Guardian (blog)

Fri, 10/24/2014 - 7:13am

The Guardian (blog)

Britain's two billion euro bill explained
The Guardian (blog)
A leaked European Commission document shows adjusted contributions EU member states will be asked to make to the EU budget over the next few weeks. In the UK's case, the figure amounts to more than €2bn, adding about a fifth to its existing ...
Q&A: Why is Brussels demanding EU budget back payments?Financial Times
Struggling Spain to get EU 'Christmas present'The Local.es

all 3 news articles »

EU demand for extra £1.7bn from UK prompts emergency meeting - The Guardian

Fri, 10/24/2014 - 6:24am

The Guardian

EU demand for extra £1.7bn from UK prompts emergency meeting
The Guardian
Europe's finance ministers are to convene an emergency meeting after the disclosure of a demand for some countries, including Britain, to contribute billions more to the EU budget, the British prime minister's spokesman has said. ... British and ...

Pm demands urgent eu finance talks - Daily Mail

Fri, 10/24/2014 - 4:43am

Daily Mail

Pm demands urgent eu finance talks
Daily Mail
The Prime Minister interrupted discussions at an EU summit in Brussels to tell European Commission president Jose Manuel Barroso he had "no idea" of the impact the surprise demand would have on public opinion in the UK. Mr Cameron is coming under ...

Cameron: UK won't pay £1.7bn EU bill - BBC News

Fri, 10/24/2014 - 3:39am

BBC News

Cameron: UK won't pay £1.7bn EU bill
BBC News
But Commission President Jose Manuel Barroso said the demand should "not have come as a surprise" to the UK. He said it was made under a system agreed by all the member states and based on data provided by them. EU finance ministers have agreed ...

European Parliament seeks to expand 2015 budget by 2 billion euros - EurActiv

Fri, 10/24/2014 - 12:17am

EurActiv

European Parliament seeks to expand 2015 budget by 2 billion euros
EurActiv
MEPs have also opposed any reduction to the EU's revenue, blocking 2 billion euros in cuts proposed by the Council. Jean Arthuis (ALDE), President of the European Parliament's Committee on Budgets, said this part of the budget would be entirely devoted ...
The European Union's Sham Democracy: EU Commission Instrument of ...Center for Research on Globalization
EU parliament, governments set for clash over 2015 budgetLondon South East
Settle bills, invest more for growth and jobs: Parliament's position on the EU ...EU News
TheParliamentMagazine.eu -EUobserver
all 19 news articles »

UK ordered to pay extra €2.1bn into European Union budget by December - The Guardian

Thu, 10/23/2014 - 7:32pm

The Guardian

UK ordered to pay extra €2.1bn into European Union budget by December
The Guardian
British and European Commission officials confirmed on Thursday evening that the Treasury had been informed last week that budget contribution calculations based on gross national income adjustments carried out by Eurostat, the EU statistics agency ...
European Union to boost Ebola research with €24.4 millionEU News
European Union To Demand Extra £1.7 Billion From Britain By DecemberHuffington Post UK
European Union leaders seek to produce more aid in fight against; UK ups its ...Fox Business
BBC News -New York Times
all 221 news articles »

European Union To Demand Extra £1.7 Billion From Britain, Payable Days After ... - Huffington Post UK

Thu, 10/23/2014 - 4:11pm

European Union To Demand Extra £1.7 Billion From Britain, Payable Days After ...
Huffington Post UK
The surprise development is set to overshadow the European Council summit in Brussels, where Mr Cameron is meeting leaders of the 27 other EU States, some of which are looking forward to reductions in their contributions. Preliminary figures seen by ...

JPMorgan, Credit Suisse amp; UBS Fined by EU for Rate Rigging - Zacks.com

Thu, 10/23/2014 - 1:25pm

USA TODAY

JPMorgan, Credit Suisse amp; UBS Fined by EU for Rate Rigging
Zacks.com
According to a latest revelation in the series of probes into market manipulation by financial institutions, the European Commission levied a total charge of 94 million euros ($120 million) on JPMorgan, Credit Suisse Group AG (CS - Snapshot Report) and ...
JPMorgan hit with $78 million in EU finesUSA TODAY
EU fines JPMorgan, UBS, Credit Suisse for taking part in cartelsTimes of Malta
4 banks, including JPMorgan, fined in Europe over 'cartel' behaviorBoston Globe

all 127 news articles »

EU Commission Adopts New Prudential Rules Applicable to Financial Institutions - JD Supra (press release)

Thu, 10/23/2014 - 12:02pm

EU Commission Adopts New Prudential Rules Applicable to Financial Institutions
JD Supra (press release)
Each of these Delegated Acts attempts to deal with structural weaknesses that became apparent during or subsequent to the recent financial crisis in the operations of EU banks. Highlights of both the LCR Regulation and the Leverage Regulation are set ...

European Union to boost Ebola research with €24.4 million - EU News

Thu, 10/23/2014 - 4:26am

Hurriyet Daily News

European Union to boost Ebola research with €24.4 million
EU News
The President of the European Commission, José Manuel Barroso said: "We're in a race against time on Ebola, and we must address both the emergency situation and at the same time have a long term response. I am therefore happy to announce ... The ...
EU puts up 24 million euros to find Ebola vaccineHurriyet Daily News
EU earmarks $250 mln to help develop Ebola vaccines - sourcesReuters
Exclusive - EU earmarks $250 million to help develop Ebola vaccines: sourcesReuters UK

all 118 news articles »

EU in last-ditch talks with Italy and France on 2015 budget changes - EurActiv

Thu, 10/23/2014 - 1:03am

EurActiv

EU in last-ditch talks with Italy and France on 2015 budget changes
EurActiv
Eurozone countries submitted draft budgets to the Commission on Oct. 15 to check whether they meet EU regulations, under powers ceded to the EU's executive arm last year as a result of the euro zone debt crisis. The Commission ... Both have pencilled ...
European Commission to warn France and Italy on budget plansFinFacts Ireland
France's Schizophrenia Towards Europe Is Not ClearBusiness Insider
Italy steps closer to EU budget warningThe Local.it
Reuters UK -Financial Times
all 40 news articles »

The Council of the European Union Meets On Somalia - AllAfrica.com

Wed, 10/22/2014 - 10:55pm

The Council of the European Union Meets On Somalia
AllAfrica.com
Following a meeting on Somalia, the EU Foreign Affairs Council issued a statement on Monday (October 20) welcoming the political and security progress made in Somalia since the signing of the Somali Compact during the Brussels New Deal Conference ...

EU in last-ditch talks with Italy and France on 2015 budget changes - Reuters

Wed, 10/22/2014 - 11:46am

Reuters UK

EU in last-ditch talks with Italy and France on 2015 budget changes
Reuters
Euro zone countries submitted draft budgets to the Commission on Oct. 15 to check whether they meet EU regulations, under powers ceded to the EU's executive arm last year as a result of the euro zone debt crisis. The Commission had one week, ... Both ...
EU to warn France and Italy on budget plansFinancial Times
EU budget timetable points to Italy budget being rejectedReuters UK
EU budget 2014: European commission set to warn five countries that their ...CITY A.M.
FinFacts Ireland -MaltaToday
all 40 news articles »

EU Commission adopts new prudential rules applicable to financial institutions - Lexology (registration)

Wed, 10/22/2014 - 10:17am

EU Commission adopts new prudential rules applicable to financial institutions
Lexology (registration)
Each of these Delegated Acts attempts to deal with structural weaknesses that became apparent during or subsequent to the recent financial crisis in the operations of EU banks. Highlights of both the LCR Regulation and the Leverage Regulation are set ...

New Commissioners Approved for EU's Executive Branch - New York Times

Wed, 10/22/2014 - 8:46am

New York Times

New Commissioners Approved for EU's Executive Branch
New York Times
The vote by the European Parliament in Strasbourg, France, enables Jean-Claude Juncker, the former prime minister of Luxembourg, to take over as president of the European Commission on Nov. 1, heading ... Some of the lawmakers who were elected in May ...

EU's Juncker wins green light for 'last chance' team - Yahoo News

Wed, 10/22/2014 - 7:49am

Yahoo News

EU's Juncker wins green light for 'last chance' team
Yahoo News
The European Parliament in Strasbourg voted by 423 to 209 in favour of Juncker's European Commission, which will have a five-year mandate as the union's executive branch starting on November 1. But with disillusioned voters ... to the Brussels ...

New EU Commission line-up approved - Courier Mail

Wed, 10/22/2014 - 7:02am

New EU Commission line-up approved
Courier Mail
In a speech to the parliament, Mr Juncker said the new EU executive will stick by the bloc's fiscal rules and move quickly to propose a new EU investment and jobs package. He warned his commission faces a "last chance saloon" to win back trust in the EU.

Google News

EU's Juncker wins Commission-team approval with investment vow - Kathimerini

Wed, 10/22/2014 - 6:18am

Kathimerini

EU's Juncker wins Commission-team approval with investment vow
Kathimerini
Jean-Claude Juncker won parliamentary approval for his team of European Union commissioners, pledging to craft a 300 billion-euro ($381 billion) investment program to help kick-start a stagnating economy in Europe. Juncker's line-up received the ...

EU's Juncker Wins Parliament Approval for Commission Team - Businessweek

Wed, 10/22/2014 - 4:58am

EU's Juncker Wins Parliament Approval for Commission Team
Businessweek
... projects in the aftermath of the sovereign-debt crisis. “This investment program cannot be financed by incurring further debt,” Juncker, the incoming president of the European Commission, told the 28-nation EU Parliament today in Strasbourg, France ...

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