BRUSSELS (Reuters) – The European Union’s trade chief bluntly told China on Tuesday it was wasting its time trying to put pressure on him to drop plans to impose punitive import duties on Chinese solar panels.
The European Commission, the EU’s executive, accuses China of flooding Europe with cheap solar panels sold at below the cost of production, and intends to impose duties.
BRUSSELS (Reuters) – A majority of EU governments oppose a plan to impose hefty duties on solar panel imports from China, a survey of member states showed on Monday, undermining efforts by Brussels to pressure Beijing over its trade practices.
The European Commission, the EU’s executive, accuses Chinese firms of selling solar panels at below cost in Europe – a practice known as “dumping” – and plans to impose duties, making it far harder for China to gain market share.
BRUSSELS, May 23 (Reuters) – European Union lawmakers voted
on Thursday to limit the scope of a proposed free-trade deal
between Europe and the United States, backing French demands to
leave out culture and potentially irritating Washington.
The European Parliament, which can veto EU trade accords,
voted 460 in favour and 105 against with 28 abstentions to limit
Brussels’ room for manoeuvre in talks on a deal that would
encompass almost half the world’s economic output.
BRUSSELS (Reuters) – The European Commission will seek the support of EU governments to launch talks with China on an investment pact that could be a precursor to a free-trade deal if Brussels and Beijing can overcome growing tensions.
EU trade chief Karel De Gucht said on Thursday he would ask the European Union’s 27 countries to agree a negotiating mandate for a deal with China that would reduce barriers to each other’s markets and encourage new capital flows.
BRUSSELS, May 16 (Reuters) – Falling prices in Germany and
France pulled euro zone consumer inflation to a three-year low
in April while imports fell 10 percent in March, as new data
showed the depth of the bloc’s downturn.
The sharp drop in annual consumer inflation to 1.2 percent,
confirmed by the EU’s statistics office Eurostat on Thursday,
highlights the risk of deflation in the euro zone, which slipped
into its longest ever recession at the start of this year.