EU to sanction more Venezuelan officials, call for new vote

By Robin Emmott BRUSSELS, May 25 : The European Union is considering imposing economic sanctions on 11 Venezuelan officials in June following President Nicolas Maduro’s re-election which the bloc said was not free or fair, EU diplomats said on Friday. The travel bans and asset freezes would be on top of the seven senior Venezuela […]

EU nears deal on banking capital rules, risk of delay over Italy

By Francesco Guarascio BRUSSELS, May 24 : European Union finance ministers are likely to agree on Friday to new banking capital rules in a major step toward enhancing EU financial stability, but the deal could be delayed because Italy’s political crisis, EU officials said. The potential delay could be seen as a first sign of […]

EU ends antitrust case against Gazprom without fines

By Foo Yun Chee and Alissa de Carbonnel BRUSSELS, May 24 : Russian gas giant Gazprom clinched a deal with EU antitrust regulators on Thursday to reform its pricing structure and allow rivals a foothold in eastern Europe, avoiding fines in a case that has dragged on for seven years. Europe’s competition enforcer said Gazprom’s […]

EU heads discuss bold or fold strategy towards Trump tariffs

By Gabriela Baczynska and Philip Blenkinsop SOFIA/BRUSSELS, May 16 : European leaders will seek to agree a common stance on Wednesday towards threatened U.S. import tariffs on steel and aluminium, balancing the views of those most fearful of a trade war and those determined not to be bullied into concessions. U.S. President Donald Trump has […]

EU targets 30 percent cut in truck CO2 emissions by 2030 – source

By Alissa de Carbonnel BRUSSELS, May 14 : The European Union executive will propose at least a 30 percent reduction target for CO2 emissions from trucks by 2030, an EU source said on Monday, as the bloc seeks to slash greenhouse gas emissions. The target will be the first ever CO2 standard for trucks in […]