China has accused the EU of “protectionist” behavior after Brussels imposed anti-dumping duties on Chinese steel products, as it seeks to protect struggling steel makers in Europe.
The EU Commission said Friday it would impose taxes of between 30.7 percent and 64.9 percent on certain Chinese steel products, which it says are being sold at a loss in Europe.
TheRead more
Real Madrid, one of the world's richest clubs, have returned 20.3 million euros to Madrid city council after the EU said it constituted "illegal" state aid, city officials said Friday.
In a statement, the city council said it would inform the European Commission it had received the sum, which is equvalent to $22.6 million, in line with its obligation toRead more
The German and French central banks issued downbeat growth forecasts, as the EU Commission came under pressure to bring Paris in line over excessive deficits.
The Bundesbank said the powerhouse German economy would expand by 1.7 percent this year, slowing to 1.4 percent in 2017. This was a downgrade of previous forecasts of 1.8 percent and 1.7 percent respectively.
Nevertheless,Read more
Turkish President Recep Tayyip Erdogan has threatened to send the millions of refugees in Turkey to EU member states, as NATO pledged to deploy ships to the Aegean Sea to ease the migrant crisis.
Erdogan stepped up his denunciations of Western policy on migrants in a speech in Ankara, confirming he had threatened EU leaders at a summit meeting inRead more