Italy should implement reforms and austerity policies, candidate to top EU job says

Italy should implement reforms and austerity policies, candidate to top EU job says

Italy’s coalition government should look to implement structural reforms and austerity policies now that the country’s economy is growing, according to a European Commission presidential candidate. Alexander Stubb, the Europhile former prime minister of Finland who has experience co-governing with...
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EBRD, EU launch regional small business support program in Central Asia

EBRD, EU launch regional small business support program in Central Asia

By Kamila Aliyeva Small and medium-sized private enterprises (SMEs) in Central Asia will benefit from a new Regional Small Business Programme (RSBP) launched in Almaty. The program is funded by the European Union and will provide financial institutions in Cent...
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EU orders Amazon to pay 250 mn euros in taxes to Luxembourg

EU orders Amazon to pay 250 mn euros in taxes to Luxembourg

The EU turned the screw on US tech giants Wednesday, ordering Amazon to repay Luxembourg 250 million euros in back taxes and referring Ireland to the top EU court for failing to collect billions from Apple. Europe’s competition chief Margrethe...
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Honda fears sudden cut-off from EU customs union could cripple UK car supply chains

Honda fears sudden cut-off from EU customs union could cripple UK car supply chains

Britain’s departure from the European Union’s customs union would ramp up costs for small and medium-sized car part suppliers to such an extent that supply chains could seize up, a senior European executive at Honda said on Tuesday. Ian Howells,...
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Labour to guarantee EU citizens rights if wins election

\ Britain’s opposition Labour Party will immediately guarantee the rights of millions of EU citizens living in the UK if it wins a June election, it said on Tuesday, setting out a Brexit strategy aimed at eating into Prime Minister...
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After Brexit, EU bets on risk, green finance to relaunch capital plan

After Brexit, EU bets on risk, green finance to relaunch capital plan

The European Union will focus on infrastructure, green and risk finance to boost funding for the economy, a European Commission vice president said on Tuesday, noting Britain’s departure could deprive the EU of its largest financial centre. The commission la...
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