European Union

EU nations set tough negotiating mandate for Brexit talks

BRUSSELS (AP) — The 27 European Union nations handling Britain's exit from the bloc set a tough negotiating mandate for the talks, the EU's chief negotiator said Monday, stressing that the discussions would be tension-filled.<p>The talks will quickly center on the tens of billions in costs London …

Brexit

Top 5 Things to Know in the Market on Tuesday

Investing.com - Here are the top five things you need to know in financial markets on Tuesday, May 23:<p><b>1. Sterling slips after deadly Manchester</b> …

World Economy

Euro zone business activity remained buoyant in May: PMI

LONDON (Reuters) - Businesses across the euro zone maintained April's blistering growth rate this month as firms struggled to meet growing demand, …

Economic Data

European stocks higher after Manchester blast; FTSE 100 up 0.2%

Investing.com - European shares pushed higher after the open on Tuesday, as investors reacted to the news of a deadly suicide bombing at a pop …

Stock Markets

U.K. Conservatives Retreat After Backlash Over ‘Dementia Tax’

LONDON — Having called an early election in an attempt to expand her party’s majority in Parliament, Prime Minister Theresa May is pitching her “strong and stable leadership” at a time when Britain confronts the formidable challenge of leaving the European Union.<p>But on Monday, Mrs. May found that …

Brexit

No bailout funds for Greece as eurozone finance chiefs fail to agree deal

IMF and eurozone states fail to bridge divide over Greek debt relief raising prospect of a summer crisis for the single currency if Athens misses repayment<p>Eurozone finance ministers have failed to agree a debt relief plan for Greece, raising the prospect of a summer crisis for the single currency …

Greece

Report: 63,000 unaccompanied minors came to Europe in 2016

The European Statistical Centre (Eurostat) announced that 63,000 unaccompanied minors entered the European Union in 2016, more than half of them came …

Migration

IMF needs more realism in euro zone assumptions on Greece

BRUSSELS (Reuters) - The International Monetary Fund needs to see more realistic euro zone assumptions about Greece's economy and more detail on …

Greece

Where UK Political Parties Stand on the Big Tourism Issues

On June 8 voters in the United Kingdom will get the chance to decide who will form the next government. The country wasn’t supposed to have an …

Brexit

EU expecting Brexit talk from June

The European Union's chief Brexit negotiator Michel Barnier says he expects first talks with London on the terms of Britain's withdrawal form the EU …

Brexit

Exports, consumers and construction drive German growth surge

BERLIN (Reuters) - The German economy picked up steam in the first quarter helped by strong exports, booming construction and higher household and …

Economic Data

German government at odds with itself over Greek debt relief

BERLIN (Reuters) - Germany's coalition government split along party lines on Monday over the question of debt relief for Greece ahead of a crunch meeting in Brussels to tackle the thorny issue.<p>Euro zone finance ministers and the International Monetary Fund are meeting to seek a deal on Greek debt …

Greece

Flynn ‘pleads fifth’ in Senate’s ‘Russian meddling’ probe

Sacked White House national security advisor, Michael Flyyn has refused to hand over files to the Senate Intelligence Committee. The panel is investigating alleged Russian interference in the 2016 US election.<p>Flynn stood down in February after it emerged he lied about his contacts with the Russian …

Russia

Five Things You Need to Know to Start Your Day - Bloomberg

<i>Want to receive this post in your inbox every morning? Sign up here</i><p>Trump's success in Saudi, crude's melt higher continues, and Brexit arguments go …

Michel Temer

Pound Bears Gather as Traders Look to Election Aftermath: Chart - Bloomberg

The positive momentum that propelled the pound to the highest since September appears to be running out just in time for the U.K. election. …

Business

EU dusts off forgotten body for Brexit big time

An obscure and odd assortment of ministers in Brussels could hold the key to smooth Brexit negotiations.<p>The General Affairs Council (GAC), an arcane …

Brexit

Erdogan vows to fight Turkey’s enemies as he returns to lead party

President Tayyip Erdogan pledged to fight Turkey’s enemies at home and abroad on Sunday as he was elected leader of the ruling AK Party, a move enabling him to reassert his grip on the party and its legislative work.<p>Erdogan, who founded the Islamist-rooted AKP in 2001 and led it to victory in a …

Turkey

Italy's Gentiloni, Macron call for EU reform - Europe - RFI

Macron's victory over Eurosceptic Marine Le Pen in France's presidential election this month, gives "hope and faith in Europe", Gentiloni said at the Elysée presidential palace before the dinner.<p>But he agreed with the French president's campaign call for a Europe that is "stronger and closer to its …

European News

Brexit plays into old divisions in Northern Ireland

BELFAST, Northern Ireland — Northern Irish politics often feels far removed from debate on the British mainland, but this general election there is …

European News

ECB plan to take euro clearing from London stalled by infighting - sources

FRANKFURT (Reuters) - Discord between the euro zone's three largest countries is stalling the European Central Bank's efforts to come up with a way …

Brexit

Angela’s campaign secret: Be Merkel

BERLIN – Angela Merkel is back.<p>Over the past two months, the German leader has managed to fend off the resurgent Social Democrats, helping her party …

European News

Germany, France: low inflation, imbalances make euro zone vulnerable

BERLIN (Reuters) - The euro zone remains economically vulnerable because of macroeconomic imbalances and low core inflation, German Finance Minister …

World Economy

Greece's Bailout Review Stalls as Creditors Debate Debt Relief - Bloomberg

Euro-area finance ministers gather in Brussels on Monday to try to clinch a deal on easing Greece’s debt burden, which would resolve a stalled review …

Greece

German, French ministers agree to forge deeper euro zone

BERLIN (Reuters) - The finance ministers of Germany and France agreed on Monday to strengthen the euro zone, giving a new impulse to stalled reforms …

Greece

More than 700,000 young people have registered to vote in the last month

More than 714,000 young people have registered to vote since Theresa May called for a snap election, following a series of social media campaigns …

UK News

EU: Euro zone fiscal stance stronger, France struggling to comply

BRUSSELS (Reuters) - Euro zone countries improved their fiscal stance, a sign of growing financial stability, the EU Commission said on Monday, but …

World Economy

Britain's EU 'no deal' threat is genuine, says Brexit minister Davis

LONDON (Reuters) - Britain is prepared to walk away from divorce talks with the European Union without a deal, Brexit minister David Davis said on Sunday, but stressed that he thought an agreement was the most likely outcome.<p>Talks will begin next month on untangling Britain's relationship with the …

Brexit

Murky Waters: Stop Blaming China for the State of the World’s Fishing Stocks

There is no doubt that China is a key player in the current era of industrialized global fishing. The fact that China operates the world’s largest fleet of fishing vessels is well established. The related facts of China being the world’s largest consumer, producer and exporter of seafood are …

China

Caught Between Scylla and Charybdis: The Effects of Greece's Loss of Sovereignty

After a standoff between the European Union and the International Monetary Fund, Greece's pseudo-leftist Syriza government has agreed to yet another …

Greece

Europe's Rights Official says laws turn migrant children into "extremists"

2017-05-20 Vatican Radio<p>(Vatican Radio) The chief of Europe's top human rights body says laws in several European countries that prevent migrant …

Refugees