Cyclone Mora

EU may link road tolls to CO2 emissions of vehicles

Brussels - Arab Today

The European Commission (EC) is to propose making cars, trucks, buses and vans pay road toll charges according to the amount of CO2 they emit, as it seeks to cut road transport’s carbon footprint, two EU officials said. The proposal, which has not yet been finalized, will for the first time set some EU-wide principles for road tolls for cars, including oneRead more

EU to focus on risk, green finance after Brexit

Brussels - Arab Today

The EU will focus on infrastructure, green and risk finance to boost funding for the economy, a European Commission (EC) vice president said on Tuesday, noting Britain’s departure could deprive the EU of its largest financial center. The commission launched a plan in 2015 to create a Capital Markets Union (CMU) by 2019 to smooth the movement of capital acrossRead more

LSE, Deutsche Boerse deal in jeopardy

London - Arab Today

London Stock Exchange (LSE) said its proposed merger with Deutsche Boerse AG was unlikely to be approved by the European Commission (EC), leaving the stock market operators’ third attempt at combining on the brink of failure. The LSE said in a statement late on Sunday that the commission had asked it to sell its 60 percent stake in fixed-income tradingRead more

European Commission satisfied with Slovak presidency

Bratislava - ArabToday

The European Commission (EC) is satisfied with the Slovak presidency, Dusan Chrenek, head of EC representation in Slovakia confirmed on Monday. "It's a huge gain also for Slovakia, which has made itself really visible in Europe as well as around the world. It's proven that it has capable people and is able to lead the EU," said Chrenek, but added,Read more

FNC Speaker receives EC official

Abu Dhabi - Arab Today

Dr. Amal Abdullah Al Qubaisi, Speaker of the Federal National Council (FNC), received here today Andrea Carignani Di Novoli, Head of European Neighbourhood, Africa and Gulf Unit at the European Commission (EC). Dr. Al Qubaisi discussed with the European official ways to enhance UAE's ties with the 28 EC member countries. She welcomed the visit of the EC delegation andRead more