Kuwaiti elections praised

Kuwaiti elections praised

(Brussels) – The European Union said the elections to the National Assembly of Kuwait saw a broad participation of political groups, reflecting the full spectrum of Kuwaiti society. “Credible and inclusive elections represent one important element of the political life in Kuwait and we recall the unique character of the parliamentary system in Kuwait in […]

Annual inflation up to 0.2% in the EU

Annual inflation up to 0.2% in the EU

(Brussels) – The Euro area annual inflation was 0.2 percent in July 2016, up from 0.1 percent in June. In July 2015 the rate was 0.2 percent. The European Union (EU) annual inflation was also 0.2 percent in July 2016, up from 0.1 percent in June. A year earlier the rate was 0.2 percent, according […]

UN welcomes EU proposals for migration reforms

UN welcomes EU proposals for migration reforms

(New York) – The United Nations refugee agency and the world body’s top envoy on international migration, have applauded the European Union (EU) authorities’ proposals for dealing with the refugees and migrants arriving in Europe via the Mediterranean Sea, calling for swift implementation of the reforms “for the urgent purpose of saving lives.” In a […]

UN welcomes EU measures on migrants

UN welcomes EU measures on migrants

(Geneva) – The United Nations refugee agency welcomed the European Union’s (EU) mobilisation of resources in response to the ongoing migrant crisis in the Mediterranean, while also urging increased efforts aimed at saving lives and integrating asylum seekers in accordance with human rights. Briefing reporters in Geneva, Adrian Edwards, spokesperson for the Office of the […]

European Commission commits to promote economy

European Commission commits to promote economy

(Brussels) – The European Commission has adopted 40 new programmes under the European Cohesion Policy to support economic development and social cohesion across the European Union. An additional 10 programmes will be adopted before the end of this month. Together, these 50 programmes will be worth more than 66 billion euro. Thanks to these decisions, […]

EU hails Yemen’s PM appointment

EU hails Yemen's PM appointment

(Luxembourg) – The European Union (EU) welcomed the appointment of a new Prime Minister in Yemen, calling on all political powers to engage constructively in this regard. “The EU urges the swift formation of a new inclusive government in Yemen and calls upon all political actors to engage constructively and support President Hadi in his […]

DFSA Signs 26 Agreements with EU Regulators

DFSA Signs 26 Agreements with EU Regulators

The Dubai Financial Services Authority DFSA said it has entered into 26 supervisory co-operation agreements with European Union (EU) and European Economic Area (EEA) securities regulators. Under these agreements, each regulator agrees to help each other supervise fund managers operating across borders, between the Dubai International Financial Centre (DIFC) and Europe. The DFSA negotiated the […]

EU Wins 2012 Nobel Peace Prize

EU Wins 2012 Nobel Peace Prize

(Oslo) – The Nobel Peace Prize has been awarded to the European Union, an institution wracked by crisis at present but has been credited for bringing more than half a century of peace to a continent ripped apart by World War II. Speaking at the occasion, Nobel Committee president Thorbjoern Jagland said, “The EU and […]

Van Rompuy reappointed as EU President

Van Rompuy reappointed as EU president

(Brussels) – Leaders of European Union have reappointed Herman Van Rompuy as European Union President for a second 30-month term and have also appointed him as the chairman of the Eurozone. “It is with pleasure that I accept a second mandate. A privilege to serve Europe in such decisive times; also a big responsibility,” said […]

Eurozone Ministers Meet to seek way Out of Crisis

Eurozone

(Brussels) – Another week of talks has been launched by European Finance Ministers at Brussels. The leaders hope to get a deal with banks to slash Greece’s debts and agreement on a new balanced budgets treaty that will mark a turning point in the debt crisis. The ministers have also given a call to decide […]

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