Comuniq.EU

EPP scrap Italy meeting over Berlusconi Ukraine comments

ROME (Reuters) - The European People's Party (EPP) said on Friday it was cancelling a planned event in Naples due to criticism of Ukraine by former Italian Prime Minister Silvio…

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Euro zone current account surplus widens in Dec

FRANKFURT, Feb 17 (Reuters) - The euro zone's current account surplus widened in December as cheaper energy lowered the bloc's import bill, European Central Bank data showed . The euro…

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Campaigners urge EU to rethink green investment label for aviation

By Kate Abnett and Tim Hepher BRUSSELS, Feb 17 (Reuters) - Campaign group Transport & Environment on Friday urged the European Union to rethink plans to label certain aviation investments…

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EU and Britain making ‘good progress’ in Brexit talks, EU’s Sefcovic says

BRUSSELS, Feb 17 (Reuters) - The European Union and United Kingdom on Friday made "good progress" in their talks on the Northern Ireland Protocol of the Brexit arrangement, EU commissioner…

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Photo Story: European Parliament President Metsola on an official visit in Rome

European Parliament President Roberta Metsola on Friday was in Rome for an official visit that included meetings with Senate Speaker Ignazio La Russa and Lower House Speaker Lorenzo Fontana and…

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ECB’s Schnabel says markets may be underestimating inflation: Bloomberg

FRANKFURT, Feb 17 (Reuters) - Financial investors may be underestimating the persistence of inflation in the euro zone, European Central Bank board member Isabel Schnabel said in an interview published…

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War in Ukraine is wake-up call on need of better EU defence cooperation – MEPs

The illegal invasion of Ukraine has provided an unprecedented evidence for the need of EU partners to strengthen their cooperation on foreign policy and defence while reducing their relying on…

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Italy to propose softer 2035 carbon reduction targets for cars

ROME, Feb 16 (Reuters) - Italy will propose that the European Union rows back on plans to halt the sale of new petrol and diesel cars from 2035, Foreign Minister…

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EU “on good track” to adopt new Russia sanctions for war anniversary – sources

BRUSSELS, Feb 16 (Reuters) - European Union countries were "on good track" to adopt new sanctions against Russia in time for the Feb. 24 one-year anniversary of Moscow's attack on…

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ECB’s Panetta calls for small rate hikes as inflation falls

LONDON, Feb 16 (Reuters) - The European Central bank should start raising its interest rates in smaller increments and avoid committing to future moves as inflation in the euro zone…

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European bourses join forces in bid to operate stocks price feed

By Huw Jones LONDON, Feb 16 (Reuters) - Euronext, Deutsche Boerse and 12 other European stock exchange groups on Thursday said they would jointly propose creating a combined feed of…

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A third of euro zone employees want more remote working -ECB study

FRANKFURT,(Reuters) - Nearly a third of euro zone workers want to work from home more frequently than their employer allows them to, and are willing to change jobs to be…

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EU regulator expects eventually to introduce annual COVID shots

(Reuters) - The European Medicines Agency (EMA) expects COVID vaccination campaigns to be conducted once a year, similar to the approach with flu inoculation, it said. Though the COVID-causing virus…

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Euro zone inflation could fall faster than thought, ECB’s De Cos says

MADRID, Feb 15 (Reuters) - Euro zone inflation could fall faster than earlier thought given a host of positive developments in recent months but past price hikes and a tight…

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Poland rejects EU arguments on Constitutional Tribunal

WARSAW, Feb 15 (Reuters) - Poland rejects the European Commissions arguments regarding its Constitutional Tribunal, a government spokesman said on Wednesday, after the Commission said that it had decided to…

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Italian ministers blast EU ban on petrol cars from 2035

Italian Foreign Minister Antonio Tajani and Business Minister Adolfo Urso on Wednesday blasted the European Union's decision to ban the sale of new carbon-emitting petrol and diesel cars by 2035,…

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Euro zone December trade deficit at 8.8 billion euros

Feb 15 (Reuters) - The European Union statistics office on Wednesday released the following data on euro zone trade for December. Euro zone trade - non seasonally adjusted data (all…

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Euro zone December industry output down 1.1% m/m

Feb 15 (Reuters) - Euro zone industrial production decreased by 1.1% in December from the previous month, data from the European Union statistics agency Eurostat showed on Wednesday. Industrial production…

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UPDATED: EU debates 11 bln euro worth of trade curbs in new Russia sanctions

EU chief says proposed new import/export bans worth 11 bln euros Four more banks may be excluded from SWIFT Restrictions on Iran and China for helping Russia on the table…

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EU lawmakers approve effective 2035 ban on new fossil fuel cars

The European Parliament on Tuesday formally approved a law to effectively ban the sale of new petrol and diesel cars in the European Union from 2035, aiming to speed up…

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Euro zone Q4 GDP growth confirmed, employment up more than expected

Euro zone gross domestic product growth slowed in the last three months of 2022 but stayed in positive territory, the EU's statistics office confirmed on Tuesday, and employment rose more than…

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Trucks and coaches will need to cut emissions to near zero by 2040 – FT

Trucks and coaches in the EU will be required to cut emissions to near zero by 2040 under new targets to reduce pollution in road transport to be published by…

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Spain defends use of EU aid as transparent after MEP’s doubts

Spain defended its management of billions of euros of European pandemic recovery funds as transparent, rejecting allegations of opacity by the chair of the European Parliament's budget control committee who…

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Loans to Russian soldiers fuel calls for European banks to quit

A Russian scheme to grant loan payment holidays to troops fighting in Ukraine, and for banks to write off the entire debt if they are killed or maimed, has added…

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EU opens door to ‘green’ nuclear-derived hydrogen

The European Commission published rules on Monday that could allow some hydrogen produced in nuclear-based energy systems to count towards EU renewable energy goals, signalling a win for pro-nuclear France.…

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ECB must avoid unnecessary rise in real interest rates – Bank of Italy Governor

The European Central Bank (ECB) must avoid pushing real interest rates too high, given the level of private and public debt in the euro area, a top Italian policymaker said on Saturday. ECB Governing…

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ESG tops regulatory demands in finance as UK, EU rules diverge – KPMG

Financial firms in Britain and the European Union remained under significant pressure to comply with diverging environmental, social and governance (ESG) rules over the past six months, KPMG's Regulatory Barometer showed…

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Europe’s spend on energy crisis nears 800 billion euros

European countries' bill to shield households and companies from soaring energy costs has climbed to nearly 800 billion euros, researchers said on Monday, urging countries to be more targeted in their spending to tackle the energy crisis. European…

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Belgium charges MEP Tarabella with corruption

BRUSSELS (Reuters) - Belgian prosecutors have charged another European Union lawmaker, Marc Tarabella, with corruption in a cash-for-influence scandal that shook the European Parliament, Belgium's daily Le Soir reported. Tarabella,…

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Pizza got 16% more expensive in the EU last year

(Reuters) - The cost of store-bought pizza and quiche in the European Union grew in December by 16% from a year earlier, the bloc's statistics agency Eurostat said this week.…

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ECB must avoid unnecessary rise in real interest rates – Visco

ROME, Feb 11 (Reuters) - The European Central Bank (ECB) must avoid pushing real interest rates too high, given the level of private and public debt in the euro area,…

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Why Europe’s drug shortages may get worse

Most European countries reporting shortages of antibiotics Low generic drug prices mean razor-thin margins for firms Companies say they cannot boost output enough due to costs Some say making generics…

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Euro zone banks to repay another 36.6 bln euros in ECB loans

FRANKFURT, Feb 10 (Reuters) - Euro zone banks will repay another 36.6 billion euros in European Central Bank loans early, the ECB said on Friday, a small move that may…

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ECB must keep raising rate despite public sacrifice, Vujcic says

By Balazs Koranyi ZAGREB, Feb 10 (Reuters) - The European Central Bank needs to keep raising rates beyond March and must hold them at high levels for a while even…

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EMA’s safety committee starts review of cold medicines

Feb 10 (Reuters) - A European Medicines Agency (EMA) committee said on Friday it has started a review of decongestant medicines for cold and flu that contain the ingredient pseudoephedrine…

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Adoption of euro exacerbated Croatian inflation, central bank says

ZAGREB, Feb 10 (Reuters) - Croatia's introduction of the euro on Jan. 1 has exacerbated its already high inflation rate but the impact is broadly in line with the experiences…

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EU looks to tighten borders to keep unwanted migrants away

EU summit convened as some worry about higher irregular arrivals Some want border barriers, others supporting worse-off regions Caritas says migrants make "indispensable contribution" to EU By Gabriela Baczynska BRUSSELS,…

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EU says Twitter’s efforts against disinformation lagging behind

By Foo Yun Chee BRUSSELS, Feb 9 (Reuters) - Elon Musk's Twitter lagged behind Alphabet's Google, Meta Platforms , Microsoft and TikTok in the fight against disinformation in the last…

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New EU sanctions will target Putin’s propagandists, von der Leyen says; Ukraine says fighter jets and long-range weapons ‘resolved’

BRUSSELS, Feb 9 (Reuters) - New European sanctions against Russia will include new export bans worth more than 10 billion euros ($10.7 billion) and will take on Russian president Vladimir…

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