UK Prime Minister Theresa May has vowed that the UK will honor its budget commitments to the EU, proposing a time-limited implementation period after Brexit of around two years during which the UK would stay bound by EU rules.
Prime Minister Theresa May called on Friday for Britain to stay in the European Union's single market during a roughly two-year transition out of the EU while offering concessions on a divorce deal as she appealed for a revival of Brexit negotiations.
South Korean small and medium enterprises (SMEs) have a lower survival rate than their European Union counterparts with some six out of 10 surviving more than one year and less than 30 percent past five years, data showed on Wednesday.
Iranian President Hassan Rouhani called on the European Union to remain fully committed to the Joint Comprehensive Plan of Action (JCPOA) and compel the US to live up to its commitments under the nuclear agreement by sending a “decisive message.”
Members of the European Parliament (MEPs) have demanded that Myanmar’s military immediately end the ongoing violence against the persecuted Rohingya Muslims in Rakhine state, adding to global pressure against the country’s de facto leader Aung San Suu Kyi.
European Union governments rejected the bloc’s proposed measures to levy punitive tariffs on hot-rolled steel from Iran, Brazil, Russia and Ukraine on Thursday, with some member states considering the measures too lax, others too tough.
Catalonia has passed a law laying the groundwork for an independence referendum on October 1 which is fiercely opposed by Madrid, setting the course for Spain's deepest political crisis in decades. Spanish Prime Minister Mariano Rajoy has vowed to immediately challenge the law in the Constitutional Court. His government has also threatened legal action against top Catalan political figures involved in the plebiscite.
The actions of the Turkish authorities are making it “impossible” for the country to join the European Union, the EU executive said on Monday after German Chancellor Angela Merkel called for ending accession talks.