Tag: European Commission
FMO, FCMB sign $25m NASIRA guarantee agreement
Yesterday, the Dutch Entrepreneurial Development Bank (FMO) and Nigeria’s First City Monument Bank (FCMB) signed a $25 million NASIRA guarantee…
Frozen Russian assets will rebuild Ukraine, says Von der Leyen
A proposal for the European Union to use frozen Russian assets to support Ukraine will be put forward in the…
31,000 European companies owned by Russians, EU report says
At least 1,400 out of the 31,000 companies are owned by 33 individuals who have recently been targeted by asset…
EU Commission grants Ukraine additional €9bn loan
Since Russia invaded Ukraine, the European Union has issued 4.1 billion euros in funding to support the country.
EU to suspend all duties on imports from Ukraine
The proposal envisages the suspension for one year of all EU anti-dumping and safeguard measures in place on Ukrainian steel…
EU president warns of dominating wave of Omicron
Von der Leyen said she was disappointed that festivities would again be disrupted this year because of Omicron
AstraZeneca gets EU clearance on Alexion
AstraZeneca on Tuesday said it had received clearance from the European Commission for its proposed acquisition of Alexion Pharmaceuticals, Inc.
European Commission VP Schinas tests positive for COVID-19
European Commission Vice-President for Promoting the European Way of Life, Margaritis Schinas, announced on Tuesday morning that he tested positive…
Britain snubs deadline to answer EU legal query
London has not responded to a letter sent by the European Commission about its failure to nominate a commissioner in…
EU approves $419m loan to Thomas Cook subsidiary
The European Commission on Monday approved a German bridging loan worth 380 million euros (or 419.3 million dollars) for the…
EU fines Google €1.49bn, citing anti-competitive ad service
The European Commission is fining Google 1.49 billion Euros (1.7 billion dollars) for breaching EU competition rules by abusing its…
Social media platforms warned against spreading of fake news
The European Commission on Thursday warned social media platforms to stop the spread of fake news through self-regulatory practices, adding…
Facebook under more attacks as EU brands “breach” as unacceptable
Facebook’s data breach was unacceptable, the European Commission said on Thursday, as it sought to meet company officials after revelations…
Zimbabwe Army Takeover: EU recommends dialogue, peaceful crisis resolution
The recent developments in Zimbabwe are a “a matter of concern” for the European Union, European Commission spokeswoman Catherine Ray…
European Commission slams 2.42 billion euros fine on Google
Google has been fined 2.42bn euros ($2.7bn; £2.1bn) by the European Commission after it ruled the company had abused its…
European Commission Publishes Framework For Digital Public Services
The European Commission on Thursday published a new European Interoperability Framework to help European public administrations to coordinate their digitisation…
EU rejects Financial Fair Play complaint
The European Commission has rejected the only complaint filed against UEFA’s new Financial Fair Play (FFP) rules, a source close…
Europe still in quagmire of recession
BRUSSELS (AFP) – Recession in the crisis-hit eurozone will continue unabated for the rest of the year with unemployment remaining…