European Union

Greek Public Sector Workers Protest Amid Economic Crisis

Greek public sector workers walked off the street in a series of protest against reforms under the international bailout.

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European Leaders Divided Whether To Enter Deals With Trump Or Not

As the new administration in United States assumes office, the European Allies were divided to whether or not they would enter into deals with the recently-elected American President.

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EU Poultry Sectors Prepares Against Avian Flu Threat

Avian Influenza is now again taking toll to the worldwide poultry industry. This time, EU wants to be more than prepared and protected.

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Irish Sectors Suffer Months After The Referendum Vote

After United Kingdom’s decision to leave the European Union, the PMI data from IHS Market shows that the Irish companies operating in sectors have already suffered in the months subsequent to the referendum.

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German Climate Plan Puts Emphasis On CO2; Targets sectors

According to the statement of its Senior Officials on Monday, the German government has already arrived at a tentative agreement on a Climate Action Plan including targets for all economic sectors aiming to decrease C02 discharge by at least 55 percent by 2030 compared to 1990.

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EU-Canada Finally Signed Long-Delayed And Disputed Free Trade Deal

The long talk of the town for EU and Canadian citizens has finally been signed -- EU-Canada Free Trade Deal.

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‘The revolution is over’, Says UK Financial Watchdog

Just as the Britain arranges its exit from EU, United Kingdom’s newest financial watchdog guides into a new age of banks and insurance companies’ oversight.

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EU Investment Plan Has No Added Value Per Auditor

Auditor of EU Investment Plan had revealed that the said plan has no added value.

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BoE Warns Over Post Brexit Economic Crisis, Majority Economists Also Presume Same Consequences

Just after two days of IMF cautions, BoE has warned over blink economic outlook in post-Brexit era. Prior to that BoE governor has described Brexit as the biggest domestic financial stability risk. BoE and its governor have drawn criticisms from the pro-Brexit campaigners following clear stance against leaving EU.

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EU Privacy Regulators Request Changes in EU-US Data Transfer Agreement

WP29 on Wednesday was calling for changes in the commercial data transfer agreement between US and EU. The agency said it does not provide enough protection for privacy for European users.

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Draft of EU Anti-Tax Evasion Law is Under Pressure after Panama Leaks

Advocacy groups heavily criticized the draft as it allows company to hide their activities. Meanwhile, Iceland Prime Minister has resigned following protest over Panama leaks.

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Brexit risks at $700-mln shock to energy bills, says Amber Rudd

Brexit is expected to impact Britain's economy in a more negative way. If UK gets out of European Union (EU), it would generate $700 million (GBP 500million) gas and power bills additionally per annum. Energy Secretary Amber Rudd has cautioned that Britain's energy security at risk in the wake of Brexit.

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Silicon Valley Bank report says more UK start-ups prefer acquisition than IPOs

Silicon Valley Bank report shows 59% of UK start-up heads chose to be acquired rather than seek IPOs. Many UK executives consider hiring labours to be more challenging than other business issues.

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French Court Verdicts In Favor of Uber’s Geo-Localization Service

A European Union rule requires prior notification to itself in restricting social information service. The rule also bars targeting a specific service. A French court has overturned a government order on Uber’s geo-localization service citing the two grounds. The verdict appears as a victory for Uber while challenging through a flurry of appeals both in France and at the EU level.

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Japan Will Promote Wine-Tourism Industry to Revive Economy in Disaster Zone

As Japan tried to revive economy in northeastern area after devastating tsunami and earthquake, winery is considered a good solution. Winery is pioneered in Miyagi prefecture to boost economy in disaster zone.

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