European Commission News

Videos

India brews its own carbon levy to hit back at EU imports | Mint Primer | Mint

India Is Preparing The Groundwork For Its Own Carbon Border Tax To Strike Back Against A Similar Move By The European Union (Eu), Two People Aware Of The Discussions In The Government Said. New Delhi Is Peeved By The Eu’s Move To Link The Environment With Trade, Though There Were No Such Considerations While Europe Industrialised. The Finance And Commerce Ministries Are Discussing The Contours Of Such A Mechanism, Particularly About Measuring The Carbon Content In Products Imported From Europe, Said One Of The People Cited Above, Both Of Whom Spoke On Condition Of Anonymity.

26 Jun 2023
Videos

What Makes India-EU Trade & Tech Council Meeting A ‘Strategic Milestone’?

European Commission describes the partnership between India and the EU as one of the most crucial relationships for the upcoming decade. EU Commission sees strengthening its partnership with India as a key priority. And in that direction, TTC or the Trade and Tech Council is an important step. The first TTC meeting between India and the EU was held on Tuesday.

17 May 2023
News

EU economy chief urges capitals to back recovery plan

EU Vice President for the economy Valdis Dombrovskis chimed in that 'quick political agreement' was needed on the recovery package 'so that it can provide a financial anchor through this storm'Hungary and Poland on Monday blocked adoption of the recovery plan and the 2021-2027 long term budget

1 min read18 Nov 2020
News

EU's Vestager appeals court veto of $15-bn Apple tax order

Apple said the court judgment proved it has always complied with Irish laws and that the issue was more about where it should pay taxes rather than the amountVestager has three ongoing tax cases, Ikea's and Nike's deals with the Netherlands, as well as Huhtamaki's agreement with Luxembourg.

1 min read25 Sep 2020
News

EU's pandemic fund 'could have been better', ECB's Lagarde says

European Commission will disburse 390 billion in grants and 360 billion in cheap loans to member countries based on criteria, ECB President Lagarde said she would have preferred a greater proportion of grants over loans, in line with the Commission's original proposal

1 min read22 Jul 2020
Companies

Germany reaches EU deal on $9.9 billion Lufthansa bailout

After intense talks, the commission and the German government agreed that Lufthansa will reduce its presence at airports in Frankfurt and Munich by four aircraft each

4 min read30 May 2020
News

EU approves 50 billion euro Belgian state aid for coronavirus-hit firms

The support, in the form of state guarantees on new short-term loans, will be accessible to all companies, including SMEs and self-employed traders

1 min read11 Apr 2020
Companies

ThyssenKrupp files suit over EU veto of Tata Steel tie-up

The European Union's powerful anti-trust authority had in June vetoed the deal, finding that it would have 'reduced competition and increased prices for different types of steel'European Union also found that proposed solutions would not adequately mitigate the problem

1 min read22 Aug 2019
Companies

Aleris deal on course despite EU roadblock, says Hindalco’s Pai

Hindalco and its subsidiary, Utkal Alumina, posted a net profit of ₹506 cr for the March quarter, down 18% from a year agoHindalco announced last July that its US unit Novelis would buy Aleris at an enterprise value of $2.58 billion

1 min read16 May 2019
Companies

EU approves ArcelorMittal sale of assets to Liberty House

ArcelorMittal is the world's leading steel and mining company, with a presence in 60 countriesArcelorMittal announced that it has received European Commission (EC) approval for the sale of several steel-making assets to Liberty House Group

1 min read17 Apr 2019
Load More

Popular Topics

Budget

The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared

25 Articles

ICICI Bank

Shares of ICICI Bank had a drop of -0.45% to Rs. 852.05 at closing today.

2 Articles