Internet firms to be subject to new cybersecurity rules in EU

Last Updated: Thursday, August 6, 2015, 23:15

Internet firms such as Cisco, Google and Amazon will be subject to a new EU cybersecurity law forcing them to adopt tough security measures and possibly report serious breaches to national authorities, according to a document seen by Reuters.

India defers FTA talks with EU over ban of 700 pharma products

Last Updated: Wednesday, August 5, 2015, 17:36

Expressing disappointment and concern over the EU banning sale of around 700 pharma products clinically tested by GVK Biosciences, India has deferred the talks with the European Union on the proposed free trade agreement.

EU hopes to conclude US free trade deal next year

Last Updated: Tuesday, August 4, 2015, 22:49

The EU hopes that talks on the world`s biggest free trade deal with the United States can be completed next year, a senior official said Tuesday, as the two sides get down to tackling the toughest issues.

EU, Vietnam seal free trade deal

Last Updated: Tuesday, August 4, 2015, 19:03

The EU and Vietnam on Tuesday announced a free trade deal removing nearly all tariffs, with Brussels calling it a "milestone" on the way to a region-wide agreement with Southeast Asia.

Greek bailout talks with auditors begin

Last Updated: Saturday, August 1, 2015, 13:17

Senior EU-IMF auditors has held their first meetings with Greek ministers to finalise a new three-year bailout as the Athens stock market prepares to reopen after being shut down for over a month by the debt crisis.

IMF calls for Greek debt relief 'compatible' with EU agenda

Last Updated: Friday, July 31, 2015, 20:38

The EU said on Friday that the International Monetary Fund's calls for debt relief for Greece are "fully compatible" with the agenda in Brussels for negotiating a third Athens bailout.

EU suspends sale of 700 generic drugs made in India

Last Updated: Monday, July 27, 2015, 23:55

European Union nations have until August 20 to suspend the sale of some 700 generic drugs made in India, the EU`s executive confirmed on Monday.

EU bans 700 generic drugs for manipulation of trials by GVK

Last Updated: Saturday, July 25, 2015, 14:26

The European Union has banned the marketing of around 700 generic medicines for alleged manipulation of clinical trials conducted by India's pharmaceutical research company GVK Biosciences.

EU-IMF team due in Athens `in coming days`

Last Updated: Friday, July 24, 2015, 23:34

Representatives from Greece`s international creditors are due in Athens in the coming days, the European Commission said, with sources saying logistical issues had pushed back an expected arrival date of Friday.

On reform, Europe asks Greece to go where many fear to tread

Last Updated: Thursday, July 23, 2015, 12:13

"Francois Hollande is very good at telling others how to do their reforms," opposition French conservative Xavier Bertrand said in a dig at France`s Socialist leader, a key broker in the Greek accord clinched on July 13 after all-night Brussels talks.

EU orders France's EDF to repay huge tax break

Last Updated: Wednesday, July 22, 2015, 19:10

The EU ordered France`s electricity giant EDF to repay the French state 1.37 billion euros ($1.5 billion) in back taxes on Wednesday, in a case dating from 1997.

Greek PM Tsipras faces key bailout vote test on Wednesday

Last Updated: Wednesday, July 22, 2015, 14:52

A first set of reforms that focused largely on tax hikes and budget reforms triggered a rebellion in his party last week and passed only thanks to votes from pro-EU opposition parties.