NEWS

1801, 2018

Rights NGOs face fresh threats across the EU, agency says

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While ongoing crackdowns in Poland and Hungary have put the spotlight on rights groups, NGOs are now under new political and financial pressure across the EU, the Fundamental Rights Agency said.

1801, 2018

EIB ‘more sensitive’ to fraud after Dieselgate, chief insists

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The president of the European Investment Bank, Werner Hoyer, said the bank had high standards - but did not explain why an anti-fraud report on a loan to Volkswagen was being kept secret.

1801, 2018

EU ‘hypocrisy’ condemns people to Libya, says NGO

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Kenneth Roth, the executive director of Human Rights Watch, says the EU's key policy on returning migrants to Libya is condemning them to "nightmarish conditions", and is a hypocritical use of the Libyan coastguard to avoid direct responsibility.

1801, 2018

[Ticker] EU Parliament to investigate glyphosate-decision process

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The European Parliament's conference of presidents decided on Thursday to create a special committee to investigate the assessment process for pesticides, including the glyphosate weedkiller. The committee, which has a nine-month mandate, will in parti...

1801, 2018

[Ticker] ‘Mutagenesis’ falls outside EU’s GMO rules, says EU top lawyer

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The breeding method called mutagenesis is exempt from EU law regulating the authorisation of GMOs, the European Court of Justice's advocate general said on Thursday, in a non-binding opinion. Unlike GMOs, "mutagenesis doesn't entail the insertion of fo...

1801, 2018

[Ticker] Decision on Polish MEP’s Nazi-era slur postponed

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The leaders of political groups in the European Parliament on Thursday postponed a decision on whether to schedule an 'impeachment vote' on Polish MEP Ryszard Czarnecki. Four group leaders want to remove his title of parliament vice-president because h...

1801, 2018

[Ticker] Bad loans in EU decrease to 2014 levels

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The amount of non-performing loans (NPL) - loans that individuals or companies cannot repay to the banks - has reached its lowest level since the end of 2014, the European Commission said. According to a report published on Thursday, the ratio of NPLs was down one percentage point in the second quarter of 2017, compared to a year before, to 4.6 percent. They still represent €950 billion.

1801, 2018

[Ticker] UK demand for EIB loans dropped in 2017

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European Investment Bank president Werner Hoyer said Thursday that in 2017 UK-based demand for loans dropped, compared to the remaining EU-27 - even though UK projects remain eligible until Brexit. Hoyer also said he believed the UK will not be able to...

1801, 2018

[Ticker] EIB president: Juncker fund has worked

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Werner Hoyer, president of the European Investment Bank, said Thursday the bank was "well on track" to generate €315bn of additional investments from a guarantee of €21bn through the Juncker fund. At its launch there was scepticism that the bank could achieve a multiplier of 15. "Some called the plan's ambition ... a delusion, mentioning black magic or financial wizardry," said Hoyer. "We are now vindicated. This has worked."

1801, 2018

[Ticker] Moscovici calls for more transparency on tax havens list

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EU tax commissioner Pierre Moscovici has called "formally and solemnly" on EU member states to publish as soon as possible the letters of commitment they have received from entities on the EU lists of tax havens. He asked finance ministers to take the ...

1801, 2018

[Ticker] Commission proposes VAT overhaul

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The European Commission proposed on Thursday changing VAT rules in the EU, to allow member states to decide reduced rates on some products without needing an unanimous agreement with other member states. It also proposed simplifying the rules for small...

1801, 2018

[Ticker] Council of Europe slams Romania’s anti-corruption record

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Romania has made "very limited progress" in reforms to fight corruption, the Council of Europe has said. In a report published on Thursday, the institution's anti-corruption body, the Greco, said that Romanian authorities have implemented only two of t...

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