BRUSSELS/MADRID, Jan 30 (Reuters) – The European Union will
agree next month to deepen relations with Cuba in its most
significant overture to the communist island since the bloc
lifted diplomatic sanctions in 2008, people close to the matter
Foreign ministers from the EU’s 28 countries will give the
go-ahead on Feb. 10 to launch talks with Havana on a special
cooperation accord to increase trade, investment and dialogue on
human rights. The pact could be agreed by the end of 2015.
BRUSSELS (Reuters) – Beijing’s top diplomat called on Monday for China and the European Union to consider a multi-billion-dollar free-trade deal, a once unthinkable step that shows a big improvement in relations between two of the world’s largest markets.
“There are bright prospects for China-EU business cooperation,” Chinese State Councillor Yang Jiechi told reporters after meeting EU foreign policy chief Catherine Ashton ahead a visit to Brussels by President Xi Jinping in March.
BRUSSELS/BUCHAREST (Reuters) – The European Union and the United States told Romania on Wednesday to end political pressure on judges amid increased concerns about the rule of law in one of the EU’s most corrupt member states.
Romania’s parliament approved a bill in December to protect lawmakers from corruption investigations linked to public office and although the country’s top court overturned the legislation, it will still return to parliament for further debate.
BRUSSELS (Reuters) – The world economy should finally overcome its hangover from the global financial crisis this year as growth picks up and house prices rise, but reduced U.S. monetary stimulus will pose a challenge.
After months of angst, investors will see how the U.S. Federal Reserve handles its decision to curtail its policy of easy money, starting from this month.