Europe

Pfizer Cuts Back Vaccine Deliveries To EU

Pharmaceutical company Pfizer will temporarily cut supplies of its covid-19 vaccine to Europe while increasing production capacity. The authorities of several European countries stated this. The Scandinavian and Baltic health ministers have sent a letter to the European Commission expressing concerns and asking for an explanation for the move. Commission chief Ursula von der Leyen […]

EC Launches Probe Into Czech Agriculture Investment Aid

The European Commission has approved two Czech investment aid support schemes for the restructuring of orchards and irrigation, while opening an in-depth investigation to assess whether investment aid granted to certain large enterprises active in the agricultural sector in the past was in line with EU rules on State aid in the agricultural sector. In […]

Pompeo Cancels Europe Trip After Luxembourg Snub

Outgoing US Secretary of State Mike Pompeo cancelled his Europe trip at the last minute on Tuesday (12 January) after top EU officials and Luxembourg’s foreign minister declined to meet him, according to European diplomats and other people familiar with the matter. Pompeo, a close ally of US President Donald Trump, had sought to visit […]

US Raises Tariffs On EU Imports In Airbus-Boeing Dispute

The United States announced Wednesday that it will impose additional tariffs on French and German products as part of a long-running dispute over subsidies for aircraft manufacturers Airbus and Boeing. The tariffs are on “aircraft manufacturing parts from France and Germany, certain non-sparkling wine from France and Germany, and certain cognac and other grape brandies from France and […]

EU Approves Fiat Chrysler And PSA Merger

The European Commission (EC) has approved the Italian-American carmaker Fiat Chrysler Automobiles (FCA) merger with the French competitor PSA. The $38 billion merger will create the world’s fourth-largest carmaker, Stellantis. However, the European Commission’s approval is conditional on companies complying with the promised measures to prevent the merger’s negative effects on competition. Based on its […]

European Parliament Votes In Favor Of Right To Repair

The European Parliament on Wednesday adopted a resolution instructing the European Commission to draw up a strategy for a more sustainable market, to force manufacturers to make products with long service life. The EU Commission is now expected to “develop and introduce mandatory labeling, to provide clear, immediately visible and easy-to-understand information to consumers on […]