Euro Zone

Euro Zone coverage from Reuters.

World News3 hours ago

FILE PHOTO: DUP leader Arlene Foster speaks at a Bruges Group event during the Conservative Party annual conference in Manchester, Britain, September 30, 2019. REUTERS/Henry Nicholls

The small Northern Irish party supporting Britain's minority government insisted on Tuesday that the region must remain within the United Kingdom customs union as part of any Brexit deal and not have to follow tariffs set by the European Union.

World News9 hours ago

EU's Chief Brexit Negotiator Michel Barnier attends the General Affairs council addressing the state of play of Brexit, in Luxembourg October 15, 2019.  REUTERS/Francois Lenoir

The European Union's Brexit negotiator told the 27 EU states staying on together that he saw three possible scenarios ahead: a deal with Britain later on Tuesday, another delay to Britain's departure or a "breakdown" of talks, according to diplomats with the bloc.

World News10 hours ago

Some progress has been made in talks over Britain's departure from the European Union, a senior German government official said on Tuesday, but warned that London still had further to move in the EU's direction to secure a deal.

World News11 hours ago

FILE PHOTO: Luxembourg's Foreign Minister Jean Asselborn arrives for a meeting of the North Atlantic Treaty Organization (NATO) Foreign Ministers at the State Department in Washington, U.S., April 4, 2019.      REUTERS/Joshua Roberts

Luxembourg's Foreign Minister Jean Asselborn said on Tuesday the European Union's Brexit negotiator Michel Barnier was seeking a Brexit deal with Britain by the end of the day.

World News11 hours ago

EU's Chief Brexit Negotiator Michel Barnier arrives to take part in General Affairs council addressing the state of play of Brexit, in Luxembourg October 15, 2019.  REUTERS/Francois Lenoir

The European Union's Brexit negotiator Michel Barnier told the 27 member states staying in the bloc after Brexit that the latest British proposals on a departure deal were not yet good enough, three diplomatic sources said.

World News14 hours ago

There are reasons for cautious optimism on reaching a deal between the European Union and Britain on a divorce agreement, Poland's Europe minister Konrad Szymanski told reporters on Tuesday on entering a meeting of EU ministers.

World Newsa day ago

The launch of the new European Commission, the European Union's executive arm, is likely to be delayed by a month because the European Parliament has rejected three candidates proposed by EU governments for commissioners, several EU officials said on Monday.

Business News2 days ago

FILE PHOTO: A steel worker of Germany's industrial conglomerate ThyssenKrupp AG stands a mid of emitting sparks of raw iron from a blast furnace at Germany's largest steel factory in Duisburg, Germany. Picture taken January, 28, 2019.    REUTERS/Wolfgang Rattay/File Photo

Euro zone industrial production rose in August by more than expected, official estimates showed on Monday, as factories invested more on machinery in a positive sign for the bloc's economic outlook amid a largely gloomy outlook.

World News2 days ago

The European Union's executive said on Sunday evening that "a lot of work" remained to be done on Brexit and that talks with British negotiators will continue on Monday.

World News2 days ago

FILE PHOTO: A passenger bus passes a pro-Brexit demonstration in Westminster, London, Britain, September 30, 2019.  REUTERS/Peter Nicholls

The following events will determine whether Britain exits the European Union as planned on Oct. 31 or the three-year-old Brexit saga takes another twist.

Business News4 days ago

FILE PHOTO: European Union flags fly near the European Commission headquarters in Brussels, Belgium, October 4, 2019. REUTERS/Yves Herman/File Photo

European Union taxpayers held assets worth at least $1.6 trillion offshore in 2016, equal to nearly 10% of the bloc's output, the European Commission said on Friday, estimating tax revenue losses at around $50 billion a year.

Money4 days ago

FILE PHOTO: Pound Sterling notes and change are seen inside a cash resgister in a coffee shop in Manchester, Britain, Septem,ber 21, 2018. REUTERS/Phil Noble

UBS Wealth Management said on Friday it still expects the UK government to ask for an extension to the deadline for exiting the European Union and to hold a general election, though it acknowledged that chances of a Brexit deal have increased.

World News4 days ago

The 27 European Union countries staying on together after Brexit authorized their negotiator Michel Barnier on Friday to go into another round of intense and secret negotiations with Britain in a bid to get a deal, two senior diplomatic sources said.

World News4 days ago

EU's Chief Brexit Negotiator Michel Barnier leaves the EU Commission after a meeting with Britain's Brexit Secretary Stephen Barclay in Brussels, Belgium October 11, 2019. REUTERS/Francois Lenoir

The Europen Union's Brexit negotiator Michel Barnier said he had had a "constructive" meeting with his British counterpart, Stephen Barclay earlier on Friday.

World News4 days ago

FILE PHOTO: European Council President Donald Tusk delivers a speech at the Athens Democracy Forum in Athens, Greece, October 9, 2019. REUTERS/Costas Baltas

European Council President Donald Tusk said on Friday the latest round of Brexit talks carried no guarantee of success and time was "practically up" - but that even the slightest chance must be used to try to get a deal before Oct. 31.

World News5 days ago

Around 60% of Germany's Mittelstand, the small and medium-sized companies that form the backbone of Europe's biggest economy, see no impact on their business from a hard Brexit, a survey by Germany's KfW state development bank showed on Friday.

World News5 days ago

FILE PHOTO: Northern Ireland Secretary Julian Smith walks outside 10 Downing Street in London, Britain September 17, 2019.  REUTERS/Phil Noble

No single party in Northern Ireland will be given a veto in any Brexit deal that is now "a distinct possibility" following a positive meeting between the Irish and British leaders on Thursday, Britain's Northern Ireland minister said.

World News5 days ago

European Internal Market Commissioner-designate Sylvie Goulard of France speaks during her second hearing before the European Parliament in Brussels, Belgium October 10, 2019. REUTERS/Francois Lenoir

French President Emmanuel Macron insisted Sylvie Goulard was the victim of a "political game" on Thursday after France's choice to be the head of EU industrial policy was emphatically rejected by European lawmakers.

World News5 days ago

European Internal Market Commissioner-designate Sylvie Goulard of France attends her second hearing before the European Parliament in Brussels, Belgium October 10, 2019. REUTERS/Francois Lenoir

French President Emmanuel Macron said Sylvie Goulard had been the victim of a "political game", following the European Union assembly's decision to reject Goulard as France's choice to be the next head of European Union industrial policy.

World News5 days ago

German Chancellor Angela Merkel speaks to delegates of Germany's largest industrial union IG Metall during the trade union congress in Nuremberg, Germany October 10, 2019. REUTERS/Andreas Gebert

Chancellor Angela Merkel said on Thursday that Germany wanted to minimize the negative impact of Brexit in both Britain and Germany if Britain were to leave the European Union in a disorderly manner.

World News3 hours ago

FILE PHOTO: DUP leader Arlene Foster speaks at a Bruges Group event during the Conservative Party annual conference in Manchester, Britain, September 30, 2019. REUTERS/Henry Nicholls

The small Northern Irish party supporting Britain's minority government insisted on Tuesday that the region must remain within the United Kingdom customs union as part of any Brexit deal and not have to follow tariffs set by the European Union.

World News9 hours ago

EU's Chief Brexit Negotiator Michel Barnier attends the General Affairs council addressing the state of play of Brexit, in Luxembourg October 15, 2019.  REUTERS/Francois Lenoir

The European Union's Brexit negotiator told the 27 EU states staying on together that he saw three possible scenarios ahead: a deal with Britain later on Tuesday, another delay to Britain's departure or a "breakdown" of talks, according to diplomats with the bloc.

World News10 hours ago

Some progress has been made in talks over Britain's departure from the European Union, a senior German government official said on Tuesday, but warned that London still had further to move in the EU's direction to secure a deal.

World News11 hours ago

FILE PHOTO: Luxembourg's Foreign Minister Jean Asselborn arrives for a meeting of the North Atlantic Treaty Organization (NATO) Foreign Ministers at the State Department in Washington, U.S., April 4, 2019.      REUTERS/Joshua Roberts

Luxembourg's Foreign Minister Jean Asselborn said on Tuesday the European Union's Brexit negotiator Michel Barnier was seeking a Brexit deal with Britain by the end of the day.

World News11 hours ago

EU's Chief Brexit Negotiator Michel Barnier arrives to take part in General Affairs council addressing the state of play of Brexit, in Luxembourg October 15, 2019.  REUTERS/Francois Lenoir

The European Union's Brexit negotiator Michel Barnier told the 27 member states staying in the bloc after Brexit that the latest British proposals on a departure deal were not yet good enough, three diplomatic sources said.

World News14 hours ago

There are reasons for cautious optimism on reaching a deal between the European Union and Britain on a divorce agreement, Poland's Europe minister Konrad Szymanski told reporters on Tuesday on entering a meeting of EU ministers.

World Newsa day ago

The launch of the new European Commission, the European Union's executive arm, is likely to be delayed by a month because the European Parliament has rejected three candidates proposed by EU governments for commissioners, several EU officials said on Monday.

Business News2 days ago

FILE PHOTO: A steel worker of Germany's industrial conglomerate ThyssenKrupp AG stands a mid of emitting sparks of raw iron from a blast furnace at Germany's largest steel factory in Duisburg, Germany. Picture taken January, 28, 2019.    REUTERS/Wolfgang Rattay/File Photo

Euro zone industrial production rose in August by more than expected, official estimates showed on Monday, as factories invested more on machinery in a positive sign for the bloc's economic outlook amid a largely gloomy outlook.

World News2 days ago

The European Union's executive said on Sunday evening that "a lot of work" remained to be done on Brexit and that talks with British negotiators will continue on Monday.

World News2 days ago

FILE PHOTO: A passenger bus passes a pro-Brexit demonstration in Westminster, London, Britain, September 30, 2019.  REUTERS/Peter Nicholls

The following events will determine whether Britain exits the European Union as planned on Oct. 31 or the three-year-old Brexit saga takes another twist.

Business News4 days ago

FILE PHOTO: European Union flags fly near the European Commission headquarters in Brussels, Belgium, October 4, 2019. REUTERS/Yves Herman/File Photo

European Union taxpayers held assets worth at least $1.6 trillion offshore in 2016, equal to nearly 10% of the bloc's output, the European Commission said on Friday, estimating tax revenue losses at around $50 billion a year.

Money4 days ago

FILE PHOTO: Pound Sterling notes and change are seen inside a cash resgister in a coffee shop in Manchester, Britain, Septem,ber 21, 2018. REUTERS/Phil Noble

UBS Wealth Management said on Friday it still expects the UK government to ask for an extension to the deadline for exiting the European Union and to hold a general election, though it acknowledged that chances of a Brexit deal have increased.

World News4 days ago

The 27 European Union countries staying on together after Brexit authorized their negotiator Michel Barnier on Friday to go into another round of intense and secret negotiations with Britain in a bid to get a deal, two senior diplomatic sources said.

World News4 days ago

EU's Chief Brexit Negotiator Michel Barnier leaves the EU Commission after a meeting with Britain's Brexit Secretary Stephen Barclay in Brussels, Belgium October 11, 2019. REUTERS/Francois Lenoir

The Europen Union's Brexit negotiator Michel Barnier said he had had a "constructive" meeting with his British counterpart, Stephen Barclay earlier on Friday.

World News4 days ago

FILE PHOTO: European Council President Donald Tusk delivers a speech at the Athens Democracy Forum in Athens, Greece, October 9, 2019. REUTERS/Costas Baltas

European Council President Donald Tusk said on Friday the latest round of Brexit talks carried no guarantee of success and time was "practically up" - but that even the slightest chance must be used to try to get a deal before Oct. 31.

World News5 days ago

Around 60% of Germany's Mittelstand, the small and medium-sized companies that form the backbone of Europe's biggest economy, see no impact on their business from a hard Brexit, a survey by Germany's KfW state development bank showed on Friday.

World News5 days ago

FILE PHOTO: Northern Ireland Secretary Julian Smith walks outside 10 Downing Street in London, Britain September 17, 2019.  REUTERS/Phil Noble

No single party in Northern Ireland will be given a veto in any Brexit deal that is now "a distinct possibility" following a positive meeting between the Irish and British leaders on Thursday, Britain's Northern Ireland minister said.

World News5 days ago

European Internal Market Commissioner-designate Sylvie Goulard of France speaks during her second hearing before the European Parliament in Brussels, Belgium October 10, 2019. REUTERS/Francois Lenoir

French President Emmanuel Macron insisted Sylvie Goulard was the victim of a "political game" on Thursday after France's choice to be the head of EU industrial policy was emphatically rejected by European lawmakers.

World News5 days ago

European Internal Market Commissioner-designate Sylvie Goulard of France attends her second hearing before the European Parliament in Brussels, Belgium October 10, 2019. REUTERS/Francois Lenoir

French President Emmanuel Macron said Sylvie Goulard had been the victim of a "political game", following the European Union assembly's decision to reject Goulard as France's choice to be the next head of European Union industrial policy.

World News5 days ago

German Chancellor Angela Merkel speaks to delegates of Germany's largest industrial union IG Metall during the trade union congress in Nuremberg, Germany October 10, 2019. REUTERS/Andreas Gebert

Chancellor Angela Merkel said on Thursday that Germany wanted to minimize the negative impact of Brexit in both Britain and Germany if Britain were to leave the European Union in a disorderly manner.

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