Latest European Union News

Facebook's Libra gets stark warning from G-7 finance chiefs

Jul. 18, 2019 2:54 PM EDT

CHANTILLY, France (AP) — Finance chiefs from the Group of Seven rich democracies issued a stark warning on Thursday that cryptocurrencies like the Libra digital money recently unveiled by Facebook should not be allowed before "serious regulatory and systemic concerns" are addressed. France, which this year...

EU to implement new monitoring system to enforce rule of law

Jul. 18, 2019 12:47 PM EDT

WARSAW, Poland (AP) — The European Union said Thursday it's implementing a new monitoring system to ensure that all member states are complying with the bloc's rule of law requirements. Frans Timmermans, a vice president at the executive European Commission, said in Brussels that an annual review of all 28...

Sea-Watch 3 captain calls for EU action on migrants rescues

Jul. 18, 2019 12:38 PM EDT

ROME (AP) — A German humanitarian ship captain who eluded an Italian effort to block her from docking at an Italian port with migrants onboard has called for the European Commission to do its best to avoid new political standoffs. Carola Rackete, captain of the Dutch-flagged Sea-Watch 3, was questioned by...

Lawmakers impede next UK leader's path to a no-deal Brexit

Jul. 18, 2019 12:34 PM EDT

LONDON (AP) — With Britain set to get a new pro-Brexit leader within days, lawmakers on Thursday erected a roadblock in the path of any attempt by the incoming prime minister to take the country out of the European Union without a divorce deal. The move came as the U.K.'s official economic watchdog said a...

Ukraine president's party leads ahead of parliamentary vote

Jul. 18, 2019 11:52 AM EDT

KIEV, Ukraine (AP) — Ukrainian President Volodymyr Zelenskiy's party has the most support in opinion polls ahead of Sunday's early parliamentary election, but its ability to obtain a solid majority is far from certain. Zelenskiy, who took office in May, has so far been stymied by a parliament dominated by...

EU fines chipmaker Qualcomm for 'predatory pricing'

Jul. 18, 2019 11:29 AM EDT

BRUSSELS (AP) — In yet another European Union move against a U.S. tech company, the bloc's antitrust chief on Thursday fined chipmaker Qualcomm $271 million, accusing it of "predatory pricing" to drive a competitor out of the market. EU Antitrust Commissioner Margrethe Vestager said Qualcomm was abusing...

Greece gets nod from creditors to ease bailout-era taxes

Jul. 18, 2019 11:26 AM EDT

ATHENS, Greece (AP) — Senior officials from Greece's creditor institutions are meeting in Athens with the country's new conservative government, which is planning to begin dismantling bailout-era taxes next month. Representatives of the European Commission, European Central Bank, the International Monetary...

The Latest: UK lawmakers impede path to no-deal Brexit

Jul. 18, 2019 9:09 AM EDT

LONDON (AP) — The Latest on Britain's impending departure from the European Union (all times local): 2 p.m. British lawmakers have put a roadblock in the path of any attempt to take Britain out of the European Union without a divorce deal. The House of Commons passed a motion Thursday that stops the...

The Latest: Watchdog predicts recession after no-deal Brexit

Jul. 18, 2019 5:27 AM EDT

BRUSSELS (AP) — The Latest on Britain's talks to the leave the European Union (all times local): 11:25 a.m. Britain's independent economic watchdog says the U.K. will plunge into recession if it leaves the European Union without a divorce deal, with the pound plunging in value and the economy shrinking by...

EU clears Vodafone's $22 billion deal to expand in Europe

Jul. 18, 2019 5:24 AM EDT

BRUSSELS (AP) — The European Union has cleared telecom operator Vodafone's acquisition of Liberty Global's operations in Germany, the Czech Republic, Hungary and Romania but has imposed some conditions. The EU Commission said that the deal, valued at 18.4 billion euros ($21.8 billion), will go ahead if...