Economy

EU parliament approves EU-Singapore trade deal

Feb 13, 2019

The European Parliament has approved a free trade deal with Singapore that the European Union hopes to use as a blueprint for further deals in southeast Asia

Scientists in Hungary protest govt takeover of research

Feb 12, 2019

Scientists in Hungary are protesting government efforts to take control of their research funding, a move they say endangers academic freedom

EU eyes trade action over rights abuses in Cambodia

Feb 11, 2019

The EU is launching action that could see it suspend Cambodia's preferential access to the European market over the deterioration of human rights and the rule of law in the country

Hungary to give women with 4 or more kids life tax exemption

Feb 10, 2019

Hungary's anti-immigration prime minister says the government is greatly increasing financial aid and subsidies for families with several children

The Latest: EU parl't chief warns of Brexit 'catastrophe'

Feb 7, 2019

The president of the European Parliament is warning that the EU and Britain are on the verge of an "economic and human catastrophe" if they fail to finalize the Brexit agreement

EU Commission slashes forecast for eurozone economic growth this year to 1.3 percent from 1.9 percent previously

Feb 7, 2019

EU Commission slashes forecast for eurozone economic growth this year to 1.3 percent from 1.9 percent previously

EU nixes deal to create rail giant able to stand up to China

Feb 6, 2019

European Union authorities have blocked a deal to create a rail giant that could compete with China, angering France and Germany, which vowed to change the way the EU works.

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

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