Latest European Commission News

Oil prices climb in wake of Iranian oil sanctions decision

Apr. 23, 2019 5:55 PM EDT

NEW YORK (AP) — Global oil prices are rising in the wake of President Donald Trump's decision to impose sanctions on nations that import Iranian oil and could eventually climb to levels that would impact American consumers. Analysts said Tuesday that by taking Iranian crude off the market, the price of...

AP Interview: Slovenia leader warns EU to counter populism

Apr. 23, 2019 4:37 PM EDT

LJUBLJANA, Slovenia (AP) — Slovenia's liberal prime minister, whose government has kept an anti-immigrant party at bay in the small nation, warned on Tuesday that the European Union needs new, more efficient leadership to successfully counter a populist surge and the mounting influence of Russia and China....

AP Interview: Weber warns populists to back a united Europe

Apr. 23, 2019 2:58 PM EDT

NEMEA, Greece (AP) — The leading conservative candidate in next month's European Parliament elections says he would like to see Britain stay in the European Union and warned populist parties in Europe that they would have no place in the EU's largest political bloc unless they shared its vision of an...

The Latest: Analysts: Iran sanctions bullish for oil prices

Apr. 23, 2019 10:11 AM EDT

FRANKFURT, Germany (AP) — The Latest on the U.S. move to end Iran sanction exemptions (all times local): 4 p.m. Energy analysts at Raymond James & Associates are warning that U.S. imposition of tougher Iranian oil sanctions is "unambiguously bullish" for the price of oil. The analysts say in a report...

Juncker: EU cannot keep extending Brexit deadline for UK

Apr. 19, 2019 7:02 PM EDT

BRUSSELS (AP) — European Commission President Jean-Claude Juncker is warning Britain that the country's departure from the European Union cannot be put off "indefinitely." Britain was originally scheduled to leave the EU on March 29 but that date has been delayed twice, first to April 12 and now to Oct....

The Latest: US sanctions on Venezuelan bank aimed at Maduro

Apr. 17, 2019 3:29 PM EDT

WASHINGTON (AP) — The Latest on the Trump administration's position on Cuba (all times local): 2:15 p.m. The U.S. says it's imposing sanctions on the Central Bank of Venezuela. The Trump administration says the bank has been instrumental in propping up the government of Venezuela's president, Nicolas...

EU threatens to tax $20 billion of US goods over Boeing aid

Apr. 17, 2019 9:58 AM EDT

BRUSSELS (AP) — The European Union has drawn up a list of $20 billion worth of U.S. products it could tax in an escalating feud over plane industry subsidies, the EU's executive commission said Wednesday. The commission said the EU could tax the products , which range from aircraft parts to frozen fish,...

Greece looks to repay IMF early as bond yields tumble

Apr. 15, 2019 3:44 PM EDT

ATHENS, Greece (AP) — The Greek government on Monday said it is in talks with European bailout lenders to repay its debts to the International Monetary Fund early as market borrowing rates have tumbled to their lowest level since 2005. And Prime Minister Alexis Tsipras said he was determined to spare...

EU moves to limit focus of trade talks with US

Apr. 15, 2019 10:26 AM EDT

BRUSSELS (AP) — The European Union approved Monday its terms for negotiating a new trade deal with the United States, but set up a possible show-down with Washington by refusing to include agricultural products in the talks. Making public the mandate for the EU's executive commission to conduct...

German price platform sues Google over search results

Apr. 12, 2019 11:17 AM EDT

FRANKFURT, Germany (AP) — A German price-comparison platform says it has filed a suit against Alphabet Inc.'s Google search business on allegations it has abused its dominant position by favoring its own price-comparison service in search results. Berlin-based Idealo GmbH said Friday it had submitted the...