The European Commission

page 5

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 …

 Russia takes part in creating euro-SWIFT

Russia takes part in creating euro-SWIFT

Russia is taking part in developing a European counterpart of the Society for Worldwide Interbank Financial Telecommunications (SWIFT), the European Commission’s press service said. According to the EC's spokesperson, the …

European Commission names biggest threat to EU

European Commission names biggest threat to EU

European politicians who think that days of liberal values are over are the biggest threat to the European Union, European Commission Vice President Jyrki Katainen said. "The rule of law and liberal democracy …

EU to provide 231 million euro support for Georgia

EU to provide 231 million euro support for Georgia

The Georgian delegation headed by Prime Minister Mamuka Bakhtadze has left for Brussels today to hold a meeting with the EU officials, including President of the European Commission Jean Claude Juncker. …

Meeting on Syria to be held in margins of UN General Assembly

Meeting on Syria to be held in margins of UN General Assembly

The high-level event on the Syria crisis will be held on the sidelines of the United Nations General Assembly in New York on 26 September. "The EU will host a fifth high-level event on the Syria crisis on 26 September, chaired by …

Georgia to receive €45 million assistance package from EU

Georgia to receive €45 million assistance package from EU

The European Commission has signed a memorandum of understanding with Georgia for macro-financial assistance (MFA) of up to €45 million to help Georgia cover part of its external financing needs and support economic reforms, the European …

EU to block US anti-Iran sanctions

EU to block US anti-Iran sanctions

The European Union will block the anti-Iran sanctions on its territory imposed by the United States to protect European countries, the European Commission said. "We deeply regret the re-imposition of sanctions by the U.S., due …