12052016Mon
Last update: Mon, 05 Dec 2016 01pm

Europe

World - Europe

Erdogan says EU lawmakers' vote on Turkish membership has no value ISTANBUL: Turkish President Tayyip Erdogan said on Wednesday that a vote by the European Parliament on whether to halt EU membership talks with Ankara "has no value in our eyes" and again accused Europe of siding with terrorist organisations."We have made clear time and time again that we take care of European values more than many EU countries, but we could not see concrete support from Western friends ... None of the promises were kept," he told a Organisation of Islamic Cooperation (OIC) conference in Istanbul."There will be a meeting at the European Parliament tomorrow, and they will vote on EU talks with Turkey  whatever the result, this vote has no value in our eyes."Leading members of the European Parliament on Tuesday called for a halt to membership talks with Turkey because of its post-coup purges, in which more than 125,000 state employees have been dismissed or detained.Copyright Reuters, ...

World - Europe

Italy court rejects appeal against constitutional referendum ROME: A Rome court on Tuesday rejected an appeal against the wording of a Dec. 4 referendum on constitutional reform, bringing to a close a series of legal appeals against the vote, all of which have been rejected. Valerio Onida, a former constitutional court judge, brought the latest case arguing that it was unacceptable that the ballot sheet lumped together multiple issues into one question requesting a single 'yes' or 'no' answer. All opinion polls ...

World - Europe

EU proposes US-style rules to give failing firms second chance BRUSSELS: Companies would be given more breathing space to restructure their debts in times of crisis under a European Union draft law unveiled on Tuesday, inspired by US insolvency rules and aimed at avoiding bankruptcies and saving jobs.In a bid to encourage risk-taking start-ups, the proposal would make it easier for entrepreneurs in Europe to get a second opportunity after a business failure, as in the United States. President-elect Donald Trump was a prominent beneficiary ...

World - Europe

EU lawmakers endorse joint European defence plans after Trump victory BRUSSELS: The European Parliament on Tuesday backed an EU plan to deepen coordination of member states' defence policies and rely less on the United States, driven in part by US President-elect Donald Trump's suggestion he may scale back protection of NATO allies. EU lawmakers voted 369-255 in favour of plans to increase European spending on military missions, as well as developing and sharing assets like helicopters. There were 70 abstentions. While the parliament's backing is ...

World - Europe

Germany's Schaeuble hits back at Brussels in looser-budgets row BERLIN: The European Commission's call for fiscal stimulus should not be directed at Germany, Finance Minister Wolfgang Schaeuble said on Tuesday, arguing Europe's biggest economy has increased investment more than the euro zone average in the last decade.The commission, which is the European Union's executive body, called last week for Germany and other euro zone countries to loosen overall budgets next year to create more growth and jobs, a plea also aimed at addressing the ...

World - Europe

Turkey-backed forces besiege Syria's al-Bab, eyes on Manbij: Erdogan ISTANBUL: Turkey-backed forces have besieged the Islamic State-held Syrian town of al-Bab from the west and have set their sites on Manbij for their next offensive, Turkish President Tayyip Erdogan said on Tuesday. In a speech in the capital Ankara, Erdogan said YPG Kurdish militia forces must completely leave Manbij. Erdogan, who views the Syrian Kurdish fighters as hostile forces, also accused Kurdish militants of trying to turn Iraq's Sinjar into a base. He said ...

World - Europe

EU considering halving crop-based biofuels by 2030 BRUSSELS: The European Commission is considering halving the maximum amount of crop-based biofuels used in transport after 2020 over concerns they increase rather than reduce carbon emissions, according to a draft seen by Reuters. While they reduce reliance on fossil fuels, crop-based biofuels are made from agricultural products such as sugar or rapeseed oil that could otherwise be used for human consumption or animal feed, leading to criticism that they cause indirect changes in land ...