Economy

EU moves to limit steel flooding in due to US tariffs

Feb 1, 2019

The European Union says it's introducing new measures to prevent steel produced for the U.S. market from flooding into Europe due to tariffs introduced by President Donald Trump

As US questions free trade, EU and Japan usher in new deal

Feb 1, 2019

The European Union and Japan have inaugurated a landmark deal they say will boost trade between the two economic powers and sends the message that international agreements still have a purpose in an age of increasing protectionism

Inflation is weak in Europe, another potential warning sign

Feb 1, 2019

Inflation in the 19-country eurozone eased in January, a potential sign that of economic weakness for a region beset by multiple challenges, from Brexit to disputes in international trade

Italy slides into recession, darkening outlook for Europe

Jan 31, 2019

The Italian economy slips into recession, intensifying concerns about wider eurozone.

EU approves US soybeans for biofuel production

Jan 29, 2019

The European Union has approved US soybean exports to be used in the production of biofuels in an effort to boost such imports following last summer's trans-Atlantic EU-US summit

EU-Canada trade deal gets green light from legal adviser

Jan 29, 2019

A key adviser to the European Union's highest court says that a controversial element on dispute settlement in the free trade agreement with Canada complies with EU law

EU wants to exclude agriculture from trade talks with US

Jan 18, 2019

The European Union is insisting that agriculture be kept out of the EU-U.S. trade negotiations, despite Washington's wishes to include the vast sector.

Italian govt aids bank despite 5-Star anti-bailout rhetoric

Jan 8, 2019

Italy's populist government has stepped in to help guarantee struggling Banca Carige SpA, bending to pressure despite the ruling 5-Star Movement's longtime anti-bank bailout rhetoric

Italy's contentious budget wins government's confidence vote

Dec 29, 2018

The lower chamber of the Italian Parliament has approved a 2019 national budget that includes funding to realize campaign promises made by leaders of Italy's populist government

Italy's foreign minister to visit Washington on Jan. 3-4

Dec 28, 2018

Italy's foreign minister, Enzo Moavero Milanesi, will be visiting Washington from Jan. 3-4, meeting with Secretary of State Mike Pompeo at the State Department and with national security adviser John Bolton at the White House

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