Archive for the ‘European Union’ Category

American flag contains 51 stars for Pence visit to European …

United States Vice President Mike Pence, left, and EU Council President Donald Tusk pose for photographers as Pence arrives at the European Council building in Brussels, Belgium, on Monday, Feb. 20, 2017. (AP)

BRUSSELS The Star-Spangled Banner looked more starry than usual during one of U.S. Vice President Mike Pence's appearances in Brussels.

A background picture of the American flag that went up alongside the European Union flag as Pence and EU leader Donald Tusk spoke on Monday had 51 stars instead of the usual 50, one for each state.

The Brussels version of the flag had three rows of nine stars and three rows with eight stars each. American flags typically feature a total of nine alternating rows of five or six stars

The EU flag featuring 12 stars in a circle against a blue background was configured correctly. And the American flag had the right number of stripes 13.

The EU Council did not immediately respond when asked about the error with the misplaced star-state.

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European Union Threatens To Fine Italy For Deficit Caused By European Union – Forbes


Express.co.uk
European Union Threatens To Fine Italy For Deficit Caused By European Union
Forbes
The inherent contradictions of the euro and the eurozone system are on display here as the European Union threatens to fine Italy for the size of the national debt. That size of the national debt not being something under the control of the Italian ...
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European Union Threatens To Fine Italy For Deficit Caused By European Union - Forbes

Bannon, Pence send contradictory messages to EU – CNN

Diplomats said that Pence's message of reassurance fell flat on European officials who are concerned about contradictory messages from Washington regarding the future relationship between the US and the EU. And it adds tothe list of subjects about which President Donald Trump and administration officials are confusing allies.

Bannon told Peter Witting, the German ambassador to the US, that the Trump administration wants to strengthen bilateral ties with individual European countries rather than deal with the entire bloc, the sources said.

In what was described as a "combative" conversation, the sources said Bannon spelled out a nationalist world view and citeda wave of anti-EU populism as evidence of the bloc's flaws, a similar refrain to the one he had previously articulated as the chief of the right-wing website Breitbart News.

"It is my privilege on behalf of President Trump to express the strong commitment of the United States to continued cooperation and partnership with the European Union," he said at a meetingwith European Council President Donald Tusk. "The United States' commitment to the European Union is steadfast and enduring."

A senior Trump administration official denied that Bannon disparaged the European Union during what they said was a "quick meeting"with the German ambassador.

Separately, a White House spokesperson said the conversation being described as confrontational was "not an accurate account" and that the conversation "was just a quick hello."

The vice president's office did not respond to a request for comment.

"There is no one in the administration who really understands the EU's important role and certainly nobody who will defend it," one diplomat told CNN, adding, "Pence and others are saying basic reassuring things that we aren't sure square with not only the policy, but also what where the President sits."

The official continued, "We don't want to jump to conclusions. We don't know whether Bannon will be able to carry through with his vision and we don't know what Trump thinks."

The conversation between Bannon and Wittig was first reported by Reuters.

French Foreign Minister Jean-Marc Ayrault pointed out the omission on Twitter following Pence's speech to the Munich Security Conference ahead of his Brussels stop.

"In Munich, Vice President Pence renewed the U.S. commitment to the Atlantic alliance. But not a word about the EU," he wrote.

Speaking after meeting with Pence Monday, however, Tusk stressed Pence's expression of backing for the EU during their private session.

"We are counting, as always in the past, on the United States' wholehearted and unequivocal -- let me repeat, unequivocal --support for the idea of a united Europe," Tusk said. The world would be a decidedly worse place if Europe were not united," Tusk said. "In this respect we will not invent anything better than the European Union."

A senior White House official involved in foreign policy told CNN that the Trump administration's European policy is neither "pro-EU" nor "anti-EU."

The official explained that the administration would focus on cooperation with the bloc without advocating for it overtly, adding that if a country decides to hold a referendum on exiting the union, the White House will remain neutral.

That's a shift from the administration of President Barack Obama, which vocally advocated against Britain's decision to leave the EU this summer, a campaign that included a presidential visit to London in April 2016.

Decisions on whether to remain a member, the official said, should be left to the countries themselves, without US interference. The official added that while the US will seek to cooperate with the EU in already-existing areas of collaboration, it is not seeking to bolster the union by preventing further disintegration.

Trump himself praised the Brexit vote during the presidential campaign, calling himself "Mr. Brexit" following the result of the referendum.

And days before his inauguration Trump called the EU "basically a vehicle for Germany" in an interview with German and British newspapers, adding, "That's why I thought the UK was so smart in getting out."

In Brussels, Pence was extremely cautious in his language on the EU. While he vowed "cooperation" with the bloc, he never explicitly said the US "supports" the EU.

Both Wittig and the German government declined to comment for this story, citing the private nature of the conversation.

But one of the diplomatic sources CNN spoke to said that Wittig gave a passionate argument about the importance of the EU and felt his views were heard by Bannon.

Pence repeatedly stressed the defense spending issue during his European tour -- as did Defense Secretary James Mattis, who also attended the Munich conference -- something German officials called a "fair demand." But both men also repeatedly stressed America's support of NATO.

CNN's Kevin Liptak, Dan Merica and Jeff Zeleny contributed to this report.

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Bannon, Pence send contradictory messages to EU - CNN

Brexit could help India-European Union FTA: report – The Hindu


The Hindu
Brexit could help India-European Union FTA: report
The Hindu
Prime Minister Narendra Modi and his British counterpart Theresa May share a lighter moment ahead of the India-U.K. 'Tech Summit' in New Delhi in this November 7, 2016 file photo. There is a overwhelming sense among Members of the European ...

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Brexit could help India-European Union FTA: report - The Hindu

Brexit could lead to ‘complete breakdown’ between UK and EU, says former European Commission official – The Independent

One of Britains most senior former European Commission officials has warned that Brexit negotiations could lead to a complete breakdown of relations between the UK and the European Union.

In an interview with Business Insider, David Wright, the former deputy director general for financial policy at the commission, said that the strident tone ahead of Britains divorce negotiations with the EU, and the red lines likely to dominate once Article 50 is triggered, could make an agreement between both parties impossible.

"Brexit was a dagger in my heart," Mr Wright, who spent more than 30 years working at the EU commission, told Business Insider.

"It's not a bit neutral, or a bit negative, but for the EU and the UK it's potentially extremely disruptive. There's a risk of a complete breakdown, certainly it's looking more probable," he added.

The Government said that it plans to trigger Article 50, the EUs formal exit clause, by the end of next month. The House of Lords began debating the bill giving Prime Minister Theresa May the authority to take that step earlier this week.

"There's so much complexity. To resolve all of it in two years is absolutely impossible. Politics in the EU are not black and white like in the UK," Mr Wright said.

Hedge fund managers and financial services firm in the UK found themselves in an increasingly precarious position following Britains decision to leave the EU. Ms Mays hard Brexit will almost certainly result in the loss of crucial passporting rights, which allow financial firms to sell their services freely across the rest of the EU.

Mr Wright urged the UK government to provide more clarity on the future of financial services.

"The US isn't going to change its financial services laws for the UK, so the danger is [that] the UK is pulled towards US rulemaking approaches and away from EU parallelism," Mr Wright said.

Jeremy Hunt admits Brexit could mean the end of the EHIC card

"Some of the bills on the table could castrate the US regulators, he said.

Ms May has sought to rid the UK of the obligation to offer free movement for EU citizens, by saying that Britain will leave the single market and instead negotiate access for some UK industrial sectors as part of a free trade agreement.

Economists remain gloomy about the prospects for Brexit, despite the robust performance of the British economy since last June.

The Office for Budget Responsibility in November forecast a sharp slowdown in UK growth to 1.4 per cent in 2017.

It will update its forecasts alongside the Budget on 8 March.

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Brexit could lead to 'complete breakdown' between UK and EU, says former European Commission official - The Independent