Latest in Tag: EU Highlight

Latest in Tag: EU


EU minting more coins for a cashless world

Even though a lot of the world is headed toward cashless payment, the central banks in the 19-nation eurozone keep minting small denomination coins by the ton. What’s behind this old habit?With more than 340 million users, today the euro is one of the most important currencies in the world, though it has seen its …

Deutsche Welle

EU, Mercosur aim to make world's biggest trade bloc by end of 2019

The EU and Japan will soon become the world’s biggest free trade area. But this record might be short-lived with Brussels chasing a deal with South America’s Mercosur, EU’s Cecilia Malmstr√∂m has said.After the trade deal between the EU and Japan goes into effect on February 1, Brussels will focus on clinching a deal with …

Deutsche Welle

Promised EU help for truck drivers is in the wrong lane

Truck drivers have to grapple with plummeting wages and touring schedules that turn them into nomads. EU transport ministers hope to ease the drivers’ plight with new regulations, but these tend to ignore real life."Driving a truck used to be fun," says Andr√© Bergner. "But nowadays I'm only doing it for lack of alternatives; the …

Deutsche Welle

EU probes controversial thyssenkrupp-Tata steel merger

The European Commission has launched an in-depth investigation into the planned creation of a joint venture between Tata Steel of India and Germany’s thyssenkrupp. It voiced concerns over reduced competition. German industrial giant thyssenkrupp struck a deal in June to merge its steelmaking business with that of India's Tata conglomerate in response to a flood …

Deutsche Welle

EU plan to sidestep Iran sanctions: How will it work?

The EU’s vow to keep trading with Tehran despite new US sanctions is causing further friction with Washington. The creation of a special purpose ‚Äč‚Äčvehicle (SPV) will help facilitate payments between Iran and Europe.What exactly is the EU's Special Purpose Vehicle (SPV)? The foreign ministers of the EU, Germany, France, Britain, Russia and China agreed …

Deutsche Welle

EU citizens feel time’s up for changing clocks

A European Union online survey has concluded that a vast majority of the bloc’s citizens are against switching between summer and winter time. All signs point towards the EU now putting a stop to changing the clocks.More than 80 percent of respondents to the largest online survey in EU history are in favor of abolishing …

Deutsche Welle

Opinion: EU risks being left behind after GMO ruling

The EU’s top court has ruled that gene-edited crops fall under the same tough laws as GMOs. While good news for opponents of such products, it’s a setback for genetic research on the continent, says DW’s Fabian Schmidt.Had gene-editing technologies such as CRISPR-Cas9 been exempt from the same stringent guidelines in place for conventional genetic …

Deutsche Welle

UNFPA, Egypt, EU, MOYS to organise 5-km run in Alexandria to celebrate National Population Day

The United Nations Population Fund (UNFPA) will celebrate National Population Day by organising a 5-km run in Egypt‚Äôs coastal city of Alexandria¬†on Friday. The event is hosted in collaboration with the Ministry of Youth and Sport (MOYS) and the European Union (EU), focusing¬†on raising awareness about family planning,¬†according to a press statement of the EU …

Daily News Egypt

EU, China seek closer ties as US turns against trade

At a time of heightened uncertainty in the global economic environment, leaders of Europe and China are meeting to ponder ways to counter the fallout from US President Trump’s “America First” policies.US President Donald Trump’s attacks on the international trading system, by imposing tariffs and engaging in virulent anti-trade rhetoric, have left America’s commercial partners …

Deutsche Welle

EU economic growth forecast reduced

The European Commission has released new economic growth forecasts. Europe’s major economies are expected to grow in the next two years ‚ÄĒ but at a slower rate than the Commission had previously forecast.The European Commission on Thursday cut its forecasts for the eurozone’s economic growth this year, citing among the top causes for its revision …

Deutsche Welle

EU says US risks $294 billion hit over auto tariffs

The trade conflict between the US and the EU escalates: After Trump’s threat to slap higher duties on auto imports from the bloc, the EU warns it could sanction US exports worth billions.The European Union warned on Monday that up to $294 billion (‚ā¨252 billion) worth of US exports could become the target of countermeasures …

Deutsche Welle

Ongoing European commitments to Egypt at ‚ā¨11bn: EU official¬†

Egypt is a key partner for the EU and its most important neighbour in the Southern Mediterranean, said the head of the European Union (EU) delegation to Egypt, Ivan SurkoŇ°,¬†at the EU‚Äôs annual iftar event on Wednesday. “The richness of cooperation is evident in the figure of the total EU aid commitments to Egypt, which …

Shaimaa Al-Aees