The European Commission

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EU issues $20 billion list of U.S. imports for tariffs

EU issues $20 billion list of U.S. imports for tariffs

The European Commission published a list of $20 billion worth of U.S. imports it could hit with tariffs in a dispute over Boeing aircraft subsidies. The EU retaliation plan follows a U.S. threat to seek $11 billion in damages through …

Juncker: no more short Brexit delays

Juncker: no more short Brexit delays

The European Union will not grant Britain another short delay to Brexit if UK lawmakers fail to ratify the stalled divorce agreement by April 12, European Commission President Jean-Claude Juncker said. “The …

UK asks to delay Brexit until June 30

UK asks to delay Brexit until June 30

British Prime Minister Theresa May asked the European Union to delay Brexit until June 30. "I am... writing to inform the European Council that the UK is seeking an extension to the Article 50 period... until 30 …

Brexit could be delayed

Brexit could be delayed

Brexit could be delayed until 2021 under plans being explored by the EU’s most senior officials, the Guardian reported. A lengthy extension of the negotiating period is gaining traction as the EU’s default position should …

EU may leave Nord Stream-2 underutilized?

EU may leave Nord Stream-2 underutilized?

The Nord Stream-2 gas pipeline may remain underutilized for at least first several years of operations due to new amendments to the European Union gas directive, the Kommersant daily …

Brussels puts Saudi Arabia on finance blacklist

Brussels puts Saudi Arabia on finance blacklist

... since it's been classified as a major threat to security due to its refusal to crack down on terrorism financing and a continued lack of enthusiasm for halting massive money laundering schemes

 Could Brexit be delayed?

Could Brexit be delayed?

The European Commission said Britain has not requested a Brexit delay and that any such extension of negotiating time before the divorce could not be open-ended but leading to a concrete result. Speaking at a regular news briefing in …

New EU gas law has Nord Stream 2 loopholes - media

New EU gas law has Nord Stream 2 loopholes - media

The European Union reached a provisional deal on new rules governing import gas pipelines including the Nord Stream 2 pipeline project. Representatives of EU governments and the European Parliament approved a revision to gas-market …

European Commission sharply lowers oil prices forecasts

European Commission sharply lowers oil prices forecasts

The European Commission has lowered its forecasts for Brent oil prices in 2019-2020 in its Winter 2019 interim report. Based on futures markets, an average Brent oil price of $61 per barrel is now assumed in 2019 and 2020, according to …

European Commission rules out renegotiation of Brexit deal

European Commission rules out renegotiation of Brexit deal

The European Commission commented on the EU Court of Justice's decision that the United Kingdom can unilaterally revoke its notification of withdrawal from the European Union. "We are prepared for all scenarios," European …