BRUSSELS (Reuters) – France’s Pierre Moscovici struggled to convince European Union lawmakers on Thursday that he could enforce budget rules that his own country has repeatedly breached, as the formation of a new European Commission turned into a bitter political battle.
The Socialist, who was finance minister in Paris until six months ago, promised to apply the bloc’s deficit rules equally to all euro zone states, including his own, if confirmed as economic and monetary affairs commissioner.
BRUSSELS, Oct 2 (Reuters) – The formation of a new European
Union executive hit trouble on Wednesday as splits among EU
lawmakers held up confirmation of British and Spanish nominees
and threatened to disrupt approval for France’s choice to run
British Conservative Jonathan Hill, named to oversee the
finance sector, was summoned back to a new grilling next week,
and Greens and the left delayed Spaniard Miguel Arias Canete
securing the energy and climate brief, prompting a threat from
his centre-right allies to block approval for French Socialist
Pierre Moscovici at an economics committee hearing on Thursday.
BRUSSELS (Reuters) – European Union regulators will provide more details on Tuesday of their reasons for launching in-depth inquiries into tax arrangements reached by Ireland with Apple and by Luxembourg with a Fiat subsidiary.
The European Commission has launched a similar investigation into the Dutch government’s tax treatment of Starbucks, but details of that will be published later, Antoine Colombani, spokesman for European Union Competition Commissioner Joaquin Almunia, told reporters.
BRUSSELS, Sept 26 (Reuters) – Anger among left-wing EU
lawmakers at the choice of a Spanish conservative to run the
bloc’s climate change policies could disrupt the process of
installing a new executive for the European Union in the next
Miguel Arias Canete is among several of incoming European
Commission President Jean-Claude Juncker’s 27-strong team who
may face a rough ride in parliamentary confirmation hearings
next week in Brussels. A veto on any of them could hold up the
installation of the whole executive, due on Nov. 1.
BRUSSELS, Sept 25 (Reuters) – The European Commission on
Thursday ordered Germany to stop using a banned car refrigerant
within two months or face court action and possible fines.
The EU executive’s decision follows months of investigation
by the Commission after German luxury carmaker Daimler
refused to stop using a highly polluting coolant and
won backing from German authorities.
BRUSSELS, Sept 22 (Reuters) – European Union state aid
regulators will clear Britain’s plan to build a 16 billion-pound
($26.15 billion) nuclear plant with French utility EDF,
a European Commission official said on Monday.
The project at Hinkley Point in southwest England is crucial
to Britain’s plan to replace a fifth of its ageing nuclear power
and coal plants over the coming decade, while France sees it as
a major export contract that will boost its nuclear industry.
BRUSSELS (Reuters) – European Union state aid regulators are set to approve Britain’s 19-billion-euro (£15 billion) plan to build a nuclear plant with French utility EDF, several people familiar with the matter said on Wednesday.
The case is important for Britain, which wants to replace a fifth of its ageing nuclear power and coal plants over the coming decade, and for France, whose nuclear sector would benefit from the major export contract.
BRUSSELS (Reuters) – EU officials are drawing up new measures to help food producers hit by a Russian ban on agricultural imports and will publish them over the coming days, the European Commission said.
Moscow in August imposed a one-year embargo on meat, fish, dairy, fruit and vegetables from the United States, the European Union, Canada, Australia and Norway in retaliation for Western sanctions over Moscow’s involvement in the Ukraine crisis.
BRUSSELS (Reuters) – EU authorities, citing tension in Ukraine, have asked for a delay until at least the end of October on whether to allow Russia greater access to the Opal natural gas pipeline in northeastern Germany, a letter seen by Reuters shows.
Russian gas exporter Gazprom (GAZP.MM: Quote, Profile, Research, Stock Buzz) is currently allowed only limited access to the pipeline under a European Union law which seeks to prevent energy suppliers from dominating infrastructure.
BRUSSELS (Reuters) – European Union leaders will threaten Russia with new sanctions over Ukraine on Saturday but, fearful of a new Cold War and self-inflicted harm to their own economies, should give Moscow another chance to make peace.
At a summit in Brussels that may hand one of the Union’s top jobs to Poland’s premier and give hawkish Kremlin critics in ex-communist Eastern Europe new influence in the bloc, EU officials gave Ukraine’s embattled President Petro Poroshenko a warm welcome and assurances of further economic and other support.