European Leaders News

Siemens, Alstom raise doubts about mega merger

Friday, January 18, 2019 08:52:00 PM

Posted in Business MUNICH (AFP/APP): Confidence that the politically sensitive merger of their rail businesses would be waved through by the European Commission was ebbing at both Siemens and Alstom Thursday. A source at German group Siemens said Brussels had posed “insurmountable” demands for concessions that the groups would not make.
UK PM May refuses to rule out ‘no-deal’ Brexit

Friday, January 18, 2019 08:52:00 PM

The world’s fifth-largest economy is in political turmoil and grasping for solutions that could smooth its planned departure from the bloc after 46 years just 10 weeks from now. Governments across Europe are triggering plans designed to avoid logjams at ports and airports when trade barriers go up should London fail to find a Plan B.
Cambodia, Myanmar hit out at tough EU rice tariffs

Friday, January 18, 2019 08:43:00 PM

Cambodia and Myanmar have railed at the European Commission for resuming tariffs on millions of dollars of rice, with one ministry describing the move as a "weapon" against already poor farmers. The EC reimposed duties of up to 175 euros ($200) per tonne of Indica rice from the two countries for....
Brexiteer McVey REVEALS secret tactics May used to SNEAK her Brexit deal through cabinet BREXITEER Esther McVey has revealed the tactics employed by Prime Minister Theresa May to try to...

Friday, January 18, 2019 08:43:00 PM

Former Work and Pensions Secretary, Esther McVey , who resigned over Theresa May’s Brexit agreement, explained tactics used by the Prime Minister to drum up cabinet support for her exit agreement. Speaking at a Leave Means Leave rally in London, the Conservative MP claimed lengthy documents were....
Standing still: At the end of a historic week, where exactly are we with Brexit?

Friday, January 18, 2019 08:39:00 PM

AFTER A WEEK of turmoil in Westminster, which included a historic defeat for any British government, a number of last-minute letters and more resignations, where are we now with Brexit? In short: not even Theresa May knows. The British Prime Minister spoke to EU leaders Jean-Claude Juncker and....
Spain plans 3% ‘Google’ tax on large tech companies

Friday, January 18, 2019 08:33:00 PM

The law mirrors EU-wide efforts to prevent digital giants from avoiding tax by routing profits through low-tax jurisdictions. Photograph: Getty The Spanish government approved on Friday a draft law that would tax large companies 3 per cent of their digital revenue, bringing an estimated €1.
Plenty of questions for CMA at pension industry event

Friday, January 18, 2019 08:33:00 PM

The UK’s competition regulator was quizzed by pension industry representatives at an event in London this week, regarding its recent proposals for the investment consultancy and fiduciary management sectors. Three representatives from the Competition and Markets Authority (CMA) addressed attendees....
Zimbabwe blocks social media as crackdown int...

Friday, January 18, 2019 08:21:00 PM

Zimbabwe on Friday blocked most social media as international criticism mounted of a ruthless security crackdown after anti-government protests. Police and soldiers have been accused of indiscriminately dragging people from their homes and beating them.
Malta reaches 100% disbursement of EU funds by 2018

Friday, January 18, 2019 08:20:00 PM

Malta will not be sending any EU funds back to Brussels, as it has achieved all its disbursement targets of the funds allocated to it in the context of the 2014-2020 programming period. In a statement, the parliamentary secretariat responsible for EU funds said that around €242 million in EU funds had been spent by December 2018.
May's foes gather as Britain's Brexit stalemate drags on

Friday, January 18, 2019 08:11:00 PM

A pro European demonstrator holds a banner near parliament in London, Thursday, Jan. 17, 2019. British Prime Minister Theresa May is reaching out to opposition parties and other lawmakers Thursday in a battle to put Brexit back on track after surviving a no-confidence vote.
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