• EU wants firms exempt from US sanctions on Iran

    EU wants firms exempt from US sanctions on Iran

    Jun 06, 2018 11:02

    Major European powers as well as the European Union have written a letter to the United States, urging Washington not to go ahead with its planned “secondary sanctions” against European firms doing business in Iran.

  • EU firms taking cue from US for Iran trade than own governments

    EU firms taking cue from US for Iran trade than own governments

    Jun 06, 2018 08:55

    Italian oil major Eni says it will not seek a waiver from the returning US sanctions on Iran because it has no outstanding interests exposed to possible American penalties.

  • EU sues US at WTO over

    EU sues US at WTO over "illegal" tariffs

    Jun 02, 2018 10:21

    The European Union has filed a complaint against the US at the World Trade Organization (WTO) after the administration of President Donald Trump announced huge tariffs on EU aluminum and steel products - a move that the Union has already criticized as illegal.

  • Anti-EU government takes power in Italy

    Anti-EU government takes power in Italy

    Jun 01, 2018 14:15

    Italy’s anti-EU populist government has been sworn in after months of political turmoil, averting new snap elections.

  • EU initiates WTO complaint against US steel, aluminium tariffs

    EU initiates WTO complaint against US steel, aluminium tariffs

    Jun 01, 2018 14:15

    The European Union (EU) has initiated a complaint process at the World Trade Organization (WTO) against the United States over its steel and aluminum tariffs, joining others targeted by the global trade war launched by the administration of US President Donald Trump.

  • EU, China share commitment to save JCPOA: Mogherini

    EU, China share commitment to save JCPOA: Mogherini

    Jun 01, 2018 10:10

    The European Union's foreign policy chief Federica Mogherini says the bloc and China share commitment to preserve a nuclear agreement signed between Iran and major world powers in 2015 and to work for its continuation.

  • EU making progress on protecting Iran trade: French FM

    EU making progress on protecting Iran trade: French FM

    Jun 01, 2018 08:05

    French Foreign Minister Jean-Yves Le Drian says the European Union has made some progress on measures to protect the bloc's companies from US sanctions on Iran but they are still insufficient.

  • Youth unemployment very high in 11 EU nations

    Youth unemployment very high in 11 EU nations

    Jun 01, 2018 02:10

    Youth unemployment rates remain out of control in eleven EU nations, according to data just published by the bloc's statistical office. Overall, unemployment is falling in the European Union but the quality of the jobs being created is raising concern.

  • EU says will launch case at WTO against new US metals tariffs, vows counter-measures

    EU says will launch case at WTO against new US metals tariffs, vows counter-measures

    May 31, 2018 15:06

    The European Union says it intends to launch a case at the World Trade Organization (WTO) against a US move to impose new import tariffs on the bloc’s steel and aluminum, as the two sides are on the brink of a full-scale trade war.

  • Corporate exodus tests EU ability to keep Iran trade flowing

    Corporate exodus tests EU ability to keep Iran trade flowing

    May 30, 2018 07:24

    The EU’s ability to protect Iran’s benefits from the 2015 nuclear deal is being seriously tested as business exodus from the Islamic Republic continues.