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Jun 27, 2013

Deals on banks and budget lift mood for EU summit

BRUSSELS, June 27 (Reuters) – European officials struck two
significant deals on banking resolution and their long-term
budget in last-ditch negotiations early on Thursday, giving EU
leaders a much needed lift before a summit on youth unemployment
and growth.

After seven hours of talks that followed 18 hours of
unsuccessful bargaining last week, European Union finance
ministers finally agreed how to share the costs of future bank
failures among investors and wealthy savers.

Jun 26, 2013

France steps up verbal war with EU’s Barroso

BRUSSELS/PARIS (Reuters) – France cranked up criticism of the European Commission on Wednesday with one official calling its president Jose Manuel Barroso a lame duck and suggesting he should never have been appointed.

Stepping up a war of words that has rumbled for two weeks, the Socialist speaker of France’s lower house of parliament dismissed Barroso, a former center-right prime minister of Portugal, as a “casting error” who could not be relied upon.

Jun 26, 2013

French officials step up verbal war with EU’s Barroso

BRUSSELS/PARIS (Reuters) – France cranked up its criticism of the European Commission on Wednesday, calling its president, Jose Manuel Barroso, a lame duck and suggesting he should never have been appointed to the powerful executive post.

Stepping up a war of caustic words that has rumbled for two weeks, the speaker of France’s lower house of parliament dismissed Barroso, a former centre-right prime minister of Portugal, as a “casting error” who could not be relied upon.

Jun 25, 2013

German election puts Europe’s ambitions on ice

BRUSSELS (Reuters) – For the best part of a year, the minds of European policymakers have focused on one overriding issue – banking union.

By establishing stricter oversight of Europe’s banking sector and a unified system for dealing with any problems, they hope to draw a line under more than three years of debt and economic turmoil by separating countries from their banks.

Jun 11, 2013

G8 partners put out by Britain’s hefty summit bill

BRUSSELS, June 11 (Reuters) – Two days of accommodation at a
lakeside golf hotel in Northern Ireland don’t come cheap – and
Britain has irritated its fellow Group of Eight states by
sending them hefty advance bills for the summit it is hosting
there.

In charging 1,000 pounds ($1,600) for each delegate apart
from the leader and a chief adviser, Britain says it is only
doing what other G8 host countries have done.

Jun 5, 2013

Most Europeans, especially the French, unhappy about EU: survey

BRUSSELS (Reuters) – Nearly two-thirds of French people think the European Union is headed in the wrong direction and more than half disapprove of President Francois Hollande’s leadership, according to a widely-watched survey released on Wednesday.

The poll, conducted in six EU countries by Gallup, also found most Britons want to leave the European Union, a higher figure than in other recent surveys. That is likely to fuel demands for an early British referendum on EU membership.

May 31, 2013

Paris, Berlin look to shake up euro zone leadership

BRUSSELS (Reuters) – France and Germany have thrown their weight behind creating a permanent president for economic policy in the euro zone, a role that would mark a fundamental overhaul of how the currency bloc is managed.

Their backing calls into question the performance of Dutch Finance Minister Jeroen Dijsselbloem, who was appointed chairman of the Eurogroup of finance ministers of the 17-nation currency area in January, to serve initially for 2-1/2 years.

May 28, 2013

France and Britain roll the dice on Syria

BRUSSELS (Reuters) – Britain and France claimed victory on Tuesday with an EU decision to let them supply arms to Syrian rebels but it brings many risks and was cast by other diplomats and regional experts as a “miscalculation”.

Shortly after midnight, after more than 12 hours of negotiation, the EU’s 27 member states failed to agree on how to renew their Syrian arms embargo. That means the restrictions expire as of June 1, allowing EU states to export arms if they want, although only Britain and France are inclined to do so.

May 28, 2013

Analysis: France and Britain roll the dice on Syria

BRUSSELS (Reuters) – Britain and France claimed victory on Tuesday with an EU decision to let them supply arms to Syrian rebels but it brings many risks and was cast by other diplomats and regional experts as a “miscalculation”.

Shortly after midnight, after more than 12 hours of negotiation, the EU’s 27 member states failed to agree on how to renew their Syrian arms embargo. That means the restrictions expire as of June 1, allowing EU states to export arms if they want, although only Britain and France are inclined to do so.

May 22, 2013

EU leaders talk tough on tackling Amazon, Google over taxes

BRUSSELS, May 22 (Reuters) – Britain, France and Germany
called for stricter rules to stop companies such as Google,
Apple and Amazon aggressively avoiding taxes in austerity bitten
Europe, while acknowledging they had done nothing unlawful.

At a summit to discuss energy and tax policy, the leaders of
the three largest EU countries took the opportunity at news
conferences to lament the impact of corporate tax avoidance,
following several cases involving U.S. firms.

    • About Luke

      "Luke is bureau chief for Reuters in Brussels. The 25-strong, multimedia bureau covers all European Union issues, from trade, energy and agriculture to foreign policy, competition, regulation and economic affairs. The bureau is also responsible for coverage of NATO and Belgian politics, economics and company news. In his beat, Luke covers foreign affairs, with a focus on the Middle East and Iran, and writes about EU economic policy. He was previously based in London, where he was defence correspondent, and before that had postings in Jerusalem, Baghdad, Rome and Johannesburg."
      Joined Reuters:
      1997
      Languages:
      English, Italian, French, Spanish
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      Under Fire: Untold Stories from the Front Line of the Iraq War
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