Deputy Energy Editor, EMEA
Barbara's Feed
Aug 13, 2015

Tree loophole casts shadow over EU carbon action

BRUSSELS/LONDON, Aug 13 (Reuters) – European environment law
provides more financial incentives to fell a tree than to plant
one, campaigners say.

They warn that EU claims it leads the fight against climate
change are based on false data and the United States must not
follow suit.

Aug 4, 2015

EU and Vietnam reach agreement on free trade

HANOI/BRUSSELS (Reuters) – The European Union and Vietnam reached a free trade agreement on Tuesday, the EU’s second in Southeast Asia, paving the way for deep cuts in tariffs on almost all goods between their markets.

The agreement in principle may take several years to be implemented. A legal text should be completed later this year, after which it must be ratified by the 28 EU member states and the European Parliament.

Jul 27, 2015

EU tries again for compromise on deal to phase out coal aid

BRUSSELS (Reuters) – EU bosses are pushing to resolve a clash between industry and environmental policy with a new strategy to phase out funding to export coal technology to developing nations, ahead of a meeting of leading economic powers on the issue.

The European Commission, the EU executive, urges tougher rules on when subsidies, known as coal export credits, can be used in a paper seen by Reuters, ahead of interim talks this week.

Jul 9, 2015

Greece seeks new EU loan deal in race to avert collapse

STRASBOURG/BRUSSELS (Reuters) – A race to save Greece from bankruptcy and keep it in the euro gathered pace on Wednesday when Athens formally applied for a three-year loan and European authorities launched an accelerated review of the request.

Greek Prime Minister Alexis Tsipras called in a speech to the European Parliament for a fair deal, acknowledging Greece’s historic responsibility for its plight, after EU leaders gave him five days to come up with convincing reforms.

Jul 8, 2015

Tsipras pledges reform to divided European parliament

STRASBOURG, July 8 (Reuters) – Alexis Tsipras strode in to a
Greek hero’s welcome in the European Parliament on Wednesday,
from allies on the left but also from far-right nationalists who
hope Greece is about to start breaking up the euro, and the EU.

The young prime minister, looking relaxed after EU leaders
handed him a Sunday deadline to secure a bailout deal, pledged
to deliver sweeping reforms of an economy crippled not just by
recent, creditor-imposed austerity but by decades of corruption
and political connivance with powerful vested interests.

Jul 8, 2015

Tsipras pledges reform to European parliament

STRASBOURG, July 8 (Reuters) – Alexis Tsipras strode in to a
Greek hero’s welcome in the European Parliament on Wednesday,
from allies on the left but also from far-right nationalists who
hope Greece is about to start breaking up the euro, and the EU.

The young prime minister, looking relaxed after EU leaders
handed him a Sunday deadline to secure a bailout deal, pledged
to deliver sweeping reforms of an economy crippled not just by
recent, creditor-imposed austerity but by decades of corruption
and political connivance with powerful vested interests.

Jul 8, 2015

European Parliament backs compromise in step towards U.S. trade deal

STRASBOURG (Reuters) – European lawmakers on Wednesday backed a compromise plan designed to spur negotiations on a trade pact between the European Union and the United States and overcome deep divisions within the European Parliament.

Opposition to the proposed trade pact between the EU and the United States, which would be the world’s biggest, has focused on its provision for private arbitration. European opponents say this would allow U.S. multinationals to challenge European food and environmental laws on the grounds they restrict commerce.

Jul 8, 2015

EU politicians back carbon market 2019 reform start

STRASBOURG, France, July 8 (Reuters) – The European
Parliament on Wednesday approved a proposal to begin reform of
the world’s biggest carbon market in 2019, clearing the last
major hurdle before the plan can become law.

EU carbon allowances at around 7.50 euros per tonne
were little changed after the vote, which had been
largely expected.

Jul 8, 2015

Tsipras pleads for fair deal for Greece in EU parliament

STRASBOURG (Reuters) – Greek Prime Minister Alexis Tsipras pleaded in the European Parliament on Wednesday for a fair deal to keep his country in the euro zone, acknowledging Greece’s own responsibility for its plight, after EU leaders gave him five days to come up with reforms.

With its banks closed, cash withdrawals rationed and the economy in freefall, Greece has never been closer to a total state bankruptcy that would probably force it to print an alternative currency and leave the euro.

Jul 8, 2015

Greek PM tells EU parliament will reform for aid

STRASBOURG (Reuters) – Greek Prime Minister Alexis Tsipras assured the European Parliament on Wednesday that he would deliver sweeping reform proposals this week to secure a bailout funding deal that can keep Greece in the euro zone.

Greeted with cheers to a packed chamber in Strasbourg, from fellow leftists but also from anti-EU members on the far-right, the 40-year-old premier said he was determined to fix years of bad government as well as reverse the increasing inequalities caused by five years of creditor-imposed austerity.