DIRS.INFO The most relevant business & tech news

☆ Hitachi's EU remedies on Thales deal similar to UK remedies, source says
▼ + stars: | 2023-09-15 | by ( ) www.reuters.com time to read: +1 min

The logo of Hitachi is seen at an office building in Zurich, Switzerland September 10, 2020. REUTERS/Arnd Wiegmann/File Photo Acquire Licensing RightsCompanies Hitachi Ltd FollowThales SA FollowBRUSSELS, Sept 15 (Reuters) - Hitachi's (6501.T) remedies to EU antitrust regulators assessing its proposed 1.7-billion-euro ($1.8 billion) buy of French infrastructure company Thales' (TCFP.PA) rail signal business are similar to those offered to the UK competition agency, a person with direct knowledge of the matter told Reuters on Friday. Hitachi told the UK Competition and Markets Authority in June that it was ready to divest its UK, French and German mainline signaling business and transfer its core communication-based train control technology to a rival. It had said that these assets comprise all the elements needed for a viable, standalone business. ($1 = 0.9376 euros)Reporting by Foo Yun CheeOur Standards: The Thomson Reuters Trust Principles.

Persons: Arnd, Foo Yun Chee Organizations: Hitachi, REUTERS, Companies Hitachi Ltd, Thales, Follow, Reuters, Competition, Markets Authority, Thomson Locations: Zurich, Switzerland

☆ EU antitrust regulators set Oct. 19 deadline for Pfizer's Seagen deal
▼ + stars: | 2023-09-15 | by ( ) www.reuters.com time to read: +1 min

Test tubes are seen in front of Seagen logo in this illustration taken June 27, 2022. REUTERS/Dado Ruvic/Illustration/File Photo Acquire Licensing RightsCompanies Pfizer Inc FollowSeagen Inc FollowBRUSSELS, Sept 15 (Reuters) - Pfizer's (PFE.N) $43 billion bid for Seagen (SGEN.O) will be decided by EU antitrust regulators by Oct. 19, a regulatory filing showed on Friday. U.S. pharmaceutical company Pfizer announced the deal, its biggest, in March for Washington-based Seagen, a pioneer of antibody-drug conjugates, which work like "guided missiles" designed to destroy cancer while sparing healthy cells. The European Commission can either clear the deal after a preliminary review or it can start a four-month long investigation if it has serious concerns. Pfizer sought EU antitrust approval on Thursday.

Persons: Dado Ruvic, Foo Yun Chee, Grant McCool Organizations: REUTERS, Pfizer, Washington, European, Thomson

☆ EU to investigate 'flood' of Chinese electric cars, weighing tariffs
▼ + stars: | 2023-09-13 | by ( Philip Blenkinsop | ) www.reuters.com time to read: +6 min

"Global markets are now flooded with cheaper electric cars. It is also unusual in that it is brought by the European Commission itself, rather than in response to an industry complaint. GRINDING GEARSThe influx of cheaper Chinese electric vehicles has already prompted some European carmakers to take action. At the same time Von der Leyen stressed the importance of electric vehicles to the EU's ambitious environmental objectives. The founder of Nio warned in April that Chinese EV makers should brace for the possibility that foreign governments would impose protectionist policies.

Persons: Ursula von der Leyen, BYD, EVs, Nio, Mercedes Benz, Stellantis, France's, Tesla, VDA, Von der Leyen, Simone Tagliapietra, Kingsmill Bond, Foo Yun Chee, Philip Blenkinsop, Kim Miyoung, Brenda Goh, Anne Marie Roantree, Nick Carey, Kate Abnett, Gabriela Baczynska, Louise Heavens Organizations: EU, Investigation, European EV, European Commission, European Union, Renault, BMW, HK, China Passenger Car Association, Dynamics, Volvo, EV, VW, France's Renault, Japan, Rocky Mountain Institute, Thomson Locations: BRUSSELS, Brussels, China, Moscow, Ukraine, Germany, France, Europe, U.S

☆ EU to assess whether to hit Chinese electric cars with tariffs
▼ + stars: | 2023-09-13 | by ( ) www.reuters.com time to read: +1 min

European Commission President Ursula von der Leyen delivers the State of the European Union address to the European Parliament, in Strasbourg, France, September 13, 2023. REUTERS/Yves Herman Acquire Licensing RightsBRUSSELS, Sept 13 (Reuters) - The European Commission started an investigation on Wednesday to assess whether the European Union needs to impose tariffs to protect itself against Chinese electric vehicle producers benefiting from state subsidies. And their price is kept artificially low by huge state subsidies," European Commission President Ursula von der Leyen said in her annual address to the bloc's parliament. Von der Leyen stressed the importance of electric vehicles to the EU's ambitious environmental objectives. "So I can announce today that the Commission is launching an anti-subsidy investigation into electric vehicles coming from China.

Persons: Ursula von der Leyen, Yves Herman Acquire, Von der Leyen, Foo Yun Chee, Philip Blenkinsop, Gabriela Baczynska Organizations: European Union, REUTERS, Rights, European Commission, Thomson Locations: Strasbourg, France, Rights BRUSSELS, China, Europe

[1/4] European Commission President Ursula von der Leyen delivers the State of the European Union address to the European Parliament, in Strasbourg, France, September 13, 2023. Von der Leyen, who has been at the head of the bloc's executive Commission since the end of 2019, also said she would appoint an envoy to help small and medium-sized enterprises tackle red tape to make it easier to do business. Lawmakers gave a standing ovation after von der Leyen recounted the fate of Victoria Amelina, a Ukrainian writer and activist who was killed in a Russian attack on Ukraine. An upcoming package to support Europe's wind industry would be aimed at helping the sector as renewable energy companies struggle with steep inflation, von der Leyen said. Von der Leyen also said the wealthy bloc must engage more with African countries and accused Russia of stirring chaos in the Sahel region of the continent.

Persons: Ursula von der Leyen, Yves Herman Acquire, Von der Leyen, von der Leyen, Victoria Amelina, Héctor Abad, Yves Herman, Jan Strupczewski, Marine Strauss, Foo Yun Chee, Kate Abnett, Gabriela Baczynska, Andrew Gray, Julia Payne, Philip Blenkinsop, Ingrid Melander, Nick Macfie, Alex Richardson Organizations: European, European Union, REUTERS, EU, STRASBOURG, EU Commission, Ukraine, Kyiv, Lawmakers, Thomson Locations: Strasbourg, France, Europe, Ukraine, Ukrainian, Colombian, China, Russia, Sahel, Africa, Brussels

Microsoft logo is seen on a smartphone placed on displayed Activision Blizzard's games characters in this illustration taken January 18, 2022. The European Commission had cleared the deal in May after Microsoft agreed to license popular Activision games such as "Call of Duty" to rival game-streaming platforms. That clearance was given before Microsoft proposed the Ubisoft deal to appease the UK regulator. However, the EU antitrust watchdog has since emailed companies to ask for feedback, the sources told Reuters. An EU investigation looks unlikely, other sources said, citing the structuring of Microsoft's CMA proposal to ensure compliance with its EU remedies.

Persons: Dado Ruvic, Microsoft's, Foo Yun, Jason Neely, David Goodman Organizations: Microsoft, Activision, REUTERS, Rights, Activision Blizzard, Ubisoft Entertainment, Britain's, Markets Authority, European Commission, Ubisoft, Reuters, CMA, Thomson Locations: Rights BRUSSELS, U.S, EU

☆ EU antitrust regulators halt Amazon, iRobot probe, await info
▼ + stars: | 2023-09-11 | by ( ) www.reuters.com time to read: +1 min

The logo of Amazon is seen at the company logistics center in Lauwin-Planque, northern France, November 15, 2022. REUTERS/Pascal Rossignol///File Photo Acquire Licensing RightsBRUSSELS, Sept 11 (Reuters) - EU antitrust regulators have delayed their investigation into Amazon's (AMZN.O) $1.7 billion acquisition of robot vacuum cleaner maker iRobot (IRBT.O) as they wait for the companies to provide requested information. "Once the missing information is supplied by the parties, the clock is re-started and the deadline for the Commission's decision is then adjusted accordingly." The EU competition watchdog's previous deadline for its decision on the deal was Dec. 13. It has warned Amazon that the deal may reduce competition in robot vacuum cleaners and also reinforce the U.S. company's dominant position as an online marketplace provider.

Persons: Pascal Rossignol, Foo Yun Chee, Aurora Ellis Organizations: REUTERS, Rights, European Commission, Thomson Locations: Lauwin, France, Rights BRUSSELS

STOCKHOLM, Sept 6 (Reuters) - The EU Commission on Wednesday designated 22 services of six major tech companies as "gatekeepers" of online services providing messaging to video sharing in its latest crackdown on Big Tech. Alphabet's Google had the highest number of services, including Android operating system, Maps and Search, which would face tougher rules. "It's D-Day for #DMA!," EU industry chief Thierry Breton said on X, formerly known as Twitter. "The most impactful online companies will now have to play by our EU rules." A Microsoft spokesperson said it accepts its gatekeeper designation, while Meta, Google and Amazon spokespersons said they were reviewing the designations.

Persons: WhatsApp, Thierry Breton, TikTok, Stavroula Vryna, Clifford Chance, Supantha Mukherjee, Foo Yun Chee, Martin Coulter, Jason Neely, David Evans Organizations: EU, Big Tech, Apple, Microsoft, ByteDance, Google, Android, Facebook, Justice, Digital Services, Meta, Gmail, Edge, Thomson Locations: STOCKHOLM, Luxembourg, iMessage, Stockholm, Brussels, London

Companies Microsoft Corp FollowSalesforce Inc FollowBRUSSELS, Aug 31 (Reuters) - Microsoft (MSFT.O) will unbundle its chat and video app Teams from its Office product and make it easier for rival products to work with its software, the U.S. company said on Thursday in a move aimed at staving off a possible EU antitrust fine. The proposed changes came after a month after the European Commission launched an investigation into Microsoft's tying of Office and Teams following a complaint by Salesforce-owned (CRM.N) workspace messaging app Slack in 2020. Microsoft's preliminary concessions failed to address concerns. Reporting by Foo Yun Chee; Editing by Sharon SingletonOur Standards: The Thomson Reuters Trust Principles.

Persons: Foo Yun Chee, Sharon Singleton Organizations: Microsoft, U.S ., European Commission, Salesforce, Thomson Locations: U.S

The proposed changes came a month after the European Commission launched an investigation into Microsoft's tying of Office and Teams following a complaint by Salesforce-owned (CRM.N) workspace messaging app Slack in 2020. The EU competition enforcer on Thursday said it took note of the company's announcement and declined further comment. Teams was added to Office 365 in 2017 for free. New enterprise customers can buy Teams standalone and separately for 5 euros per month or 60 euros per year, while existing enterprise customers who already have a suite with Teams can choose to keep it or move to a without-Teams suite. Microsoft will also develop a new method for hosting the Office web applications within competing apps and services similar to what it does with Teams.

Persons: Nanna, Louise Linde, Foo Yun Chee, Sharon Singleton, Peter Graff Organizations: Microsoft, U.S ., European Commission, Salesforce, EU, Business, U.S, Reuters, Thomson Locations: Brussels, U.S, Europe, Switzerland

A Google LLC logo is seen at the Google offices in the Chelsea section of New York City, U.S., January 20, 2023. The Danish Media Association on behalf of Jobindex sued Google at a Danish court alleging copyright violations. Jobindex has accused Google of copying job ads to its own service without permission and wants compensation and damages for copyright violations. This is the first lawsuit in the Danish courts under new EU copyright rules regarding platforms' liability for content uploaded to their services that came into force in 2021. Danish Media Association CEO Mads Brandstrup urged Danish authorities to implement the copyright rules against Big Tech.

Persons: Shannon Stapleton, Jobindex, We're, Kaare Danielsen, Mads Brandstrup, Foo Yun Chee, Richard Chang Organizations: REUTERS, Google, Danish Media Association, Jobs, Danish Media, Big Tech, EU, Thomson Locations: Chelsea, New York City, U.S

The logo of Google is seen at the high profile startups and high tech leaders gathering, Viva Tech,in Paris, France May 16, 2019. REUTERS/Charles Platiau/File Photo Acquire Licensing RightsBRUSSELS, Aug 24 (Reuters) - Google will provide more information on targeted advertisements and give researchers more access to data on how its products work, to comply with landmark European Union online content rules, the Alphabet (GOOGL.O) unit said on Thursday. "We will increase data access for researchers looking to understand more about how Google Search, YouTube, Google Maps, Google Play and Shopping work in practice, and conducting research related to understanding systemic content risks in the EU," she said. It will roll out a new Transparency Center for people to access information about its policies on a product-by-product basis. Reporting by Foo Yun Chee; Editing by Devika SyamnathOur Standards: The Thomson Reuters Trust Principles.

Persons: Charles Platiau, Laurie Richardson, Foo Yun Chee, Devika Organizations: Google, Viva Tech, REUTERS, Rights, European Union, Digital Services, Microsoft, Twitter, HK, DSA, Center, Thomson Locations: Paris, France, U.S

European Commissioner for Internal Market Thierry Breton attends a news conference following an informal video conference of internal market and industry ministers in Brussels, Belgium February 25, 2021. These very large online platforms and very large online search engines have until Friday to provide their first annual risk assessment to the European Commission. "Complying with the DSA is not a punishment – it is an opportunity for these online platforms to reinforce their brand value and reputation as a trustworthy site," Breton said in a statement. "My services and I will thoroughly enforce the DSA, and fully use our new powers to investigate and sanction platforms where warranted," he said. Reporting by Foo Yun Chee; Editing by Chizu NomiyamaOur Standards: The Thomson Reuters Trust Principles.

Persons: Thierry Breton, Olivier Hoslet, Breton, Foo Yun Chee, Chizu Organizations: Internal, Rights, Google, Microsoft, Twitter, Digital Services, DSA, HK, European Commission, Thomson Locations: Brussels, Belgium, Europe

Microsoft announced the biggest gaming deal in history in early 2022, but the acquisition was blocked by Britain's competition regulator, which was concerned the U.S. computing giant would gain too much control of the nascent cloud gaming market. Under the restructured deal, Microsoft will not be able to release Activision games like "Overwatch" and "Diablo" exclusively on its own cloud streaming service — Xbox Cloud Gaming – or to exclusively control the licensing terms for rival services. Instead, French gaming rival Ubisoft will acquire the cloud streaming rights for Activision's existing PC and console games, and any new games released by Activision in the next 15 years. A view shows a Microsoft logo at Microsoft offices in Issy-les-Moulineaux near Paris, France, January 25, 2023. Microsoft said Ubisoft would acquire the rights through a one-off payment and a market-based wholesale pricing mechanism, including an option that supports pricing based on usage.

Persons: Tom Smith, there's, Gonzalo Fuentes, Alex Haffner, Fladgate, Sarah Cardell, Yadarisa, Kate Holton, Foo Yun Chee, Barbara Lewis, Sharon Singleton, Mark Potter Organizations: CMA, Microsoft, Activision, Ubisoft Deal, Ubisoft Entertainment, Ubisoft, Markets Authority, European Commission, Geradin Partners, Big Tech, Reuters, REUTERS, European Union . Competition, Federal Trade Commission, European, European Union, Sony, U.S, Thomson Locations: New York, Paris, U.S, Europe, Brussels, EU, Issy, France, British, United States, Bengaluru, London

☆ EU antitrust regulators to assess impact of Microsoft's UK Activision remedy
▼ + stars: | 2023-08-22 | by ( ) www.reuters.com time to read: +1 min

Microsoft logo is seen on a smartphone placed on displayed Activision Blizzard logo in this illustration taken January 18, 2022. REUTERS/Dado Ruvic/Illustration//File Photo Acquire Licensing RightsBRUSSELS, Aug 22 (Reuters) - EU antitrust regulators will examine whether Microsoft's (MSFT.O) proposal to sell its non-EU cloud streaming rights to Ubisoft Entertainment (UBIP.PA) in a bid to gain UK approval for its Activision Blizzard (ATVI.O) bid will affect its concessions to the European Commission. "We are closely following the developments in the UK and assessing the impact this may have on the commitments accepted by the Commission," a spokesperson for the European Union executive said in an email. The EU competition enforcer cleared the deal in May after Microsoft agreed to licence popular Activision games such as "Call of Duty" to rival game streaming platforms for 10 years. Reporting by Foo Yun CheeOur Standards: The Thomson Reuters Trust Principles.

Persons: Dado Ruvic, Foo Yun Chee Organizations: Microsoft, Activision, REUTERS, Rights, Ubisoft Entertainment, European Commission, Commission, European Union, EU, Thomson

The headquarters of the European Energy Exchange (EEX), world's biggest online power trading platform is seen in a centre-of-town high-rise office building in Leipzig, Germany April 25, 2021. REUTERS/Annegret Hilse/File Photo Acquire Licensing RightsBRUSSELS, Aug 21 (Reuters) - Deutsche Boerse's (DB1Gn.DE) European Energy Exchange (EEX) has to seek EU antitrust approval for its acquisition of Nasdaq's (NDAQ.O) European power trading and clearing business because of its importance to Europe's energy market, EU antitrust regulators said on Monday. The Commission said the two companies are the only providers of services facilitating the on-exchange trading and subsequent clearing of Nordic power contracts. This is the third time that the EU antitrust watchdog has used its power under the so-called Article 22 whereby EU countries can request that it reviews deals which do not meet the merger criteria but can impact their markets. Reporting by Foo Yun Chee and Sudip Kar-Gupta; Editing by Kirsten DonovanOur Standards: The Thomson Reuters Trust Principles.

Persons: Annegret, Foo Yun Chee, Sudip Kar, Kirsten Donovan Organizations: European Energy Exchange, REUTERS, Rights, Deutsche, Energy Exchange, European Commission, Nasdaq, Thomson Locations: Leipzig, Germany, Denmark, Finland, Sweden, Norway

☆ EU to analyse US tech curbs in China, says issue also key to Europe
▼ + stars: | 2023-08-10 | by ( Foo Yun Chee | ) www.reuters.com time to read: +2 min

BRUSSELS, Aug 10 (Reuters) - The European Commission will analyse the U.S. ban on new U.S. investment in China in sensitive technologies as the issue is also important to the European Union's economic security, the EU executive said on Thursday. U.S. President Joe Biden on Wednesday signed an executive order to prohibit or restrict U.S. investments in Chinese entities in three sectors: semiconductors and microelectronics, quantum information technologies and certain artificial intelligence systems. "We will be analysing the Executive Order closely. We are in close contact with the US administration and look forward to continued cooperation on this topic," a Commission spokesperson said in an email. "We recognise the significance of the topic, which was an important element in the recent Joint Communication on economic security."

Persons: Joe Biden, Foo Yun Chee, Andreas Rinke, Rachel More, Jason Neely, Matthias Williams, Christina Fincher Organizations: European, Wednesday, EU, Member States, Reuters, Thomson Locations: BRUSSELS, China, Russia, Berlin, Brussels

☆ Adobe's Figma deal faces EU competition investigation
▼ + stars: | 2023-08-07 | by ( Foo Yun Chee | ) www.reuters.com time to read: +2 min

REUTERS/Dado Ruvic/IllustrationBRUSSELS, Aug 7 (Reuters) - Adobe's (ADBE.O) $20 billion bid for cloud-based designer platform Figma could reduce competition in global markets for interactive product design tools and also shut out rivals, EU antitrust regulators said on Monday. The European Commission said it opened a full-scale investigation into the deal after a preliminary review triggered concerns, confirming a Reuters story last month. The deal would remove an important rival and could allow Photoshop maker Adobe to restrict competition in the global markets for supply of interactive product design tools, the EU antitrust watchdog said. It said the acquisition could also affect Figma's potential for growth into an effective competitor to Adobe's asset creation tools and effectively reduce competition in interactive product design tools by bundling Figma with Adobe's Creative Cloud suite. The EU competition enforcer said it would decide by Dec. 14 whether to clear or block the deal.

Persons: Dado Ruvic, Competition Margrethe Vestager, Adobe, Foo Yun, Sharon Singleton, David Goodman Organizations: REUTERS, European Commission, Reuters, Tech, Zoom Video Communications, Adobe, Competition, EU, Thomson Locations: BRUSSELS

The U.S. tech giant has racked up 2.2 billion euros ($2.5 billion) in EU antitrust fines in the previous decade for practices in breach of EU competition rules, including tying or bundling two or more products together. Teams, which Microsoft added to Office 365 in 2017 for free to eventually replace Skype for Business, soared in popularity during the pandemic especially after it offered video conferencing. Reuters reported earlier this month that the EU antitrust watchdog was set to open a probe after Microsoft declined to offer bigger price cuts on its Office without Teams. German rival alfaview, which last week filed a complaint similar to Slack's with the EU executive, welcomed the EU investigation. EU fines for antitrust violations can go as high as 10% of a company's global turnover.

Persons: Margrethe Vestager, Niko Fostiropoulos, Foo Yun Chee, Sudip Kar, Gupta, David Evans, Jane Merriman Organizations: Microsoft, European Union, European Commission, Salesforce, Skype, Business, Reuters, EU, Commission, Thomson Locations: BRUSSELS, U.S, Europe

☆ Exclusive-EU regulators rebuff Meta's offer to curb use of ad data, sources say
▼ + stars: | 2023-07-25 | by ( Foo Yun Chee | ) www.reuters.com time to read: +1 min

FILE PHOTO: EU flag and Meta logo are seen in this illustration taken, May 22, 2023. Its offer also included limiting the use of advertising data to develop products that compete with advertisers, the people said. The UK enforcer in a preliminary view has said Meta’s offer addresses its concerns. Companies risk fines of as much as 10% of their global turnover for EU antitrust violations. The other was allegedly its unfair trading conditions imposed on rival online classified ads services which advertise on Facebook or Instagram.

Persons: Dado Ruvic, Meta Organizations: REUTERS, Facebook, EU, Reuters, European Commission, Meta Locations: BRUSSELS, EU

☆ Exclusive: EU antitrust regulators rejected Meta offer to curb use of ad data, sources say
▼ + stars: | 2023-07-25 | by ( ) www.reuters.com time to read: +1 min

BRUSSELS, July 25 (Reuters) - Meta Platforms (META.O) offered to curb the use of competitors' advertising data for its Facebook Marketplace online classified service in an attempt to settle an EU antitrust investigation but it was not accepted by regulators, people familiar with the matter said. Meta's proposal, made months ago and similar to one made to the UK competition agency in May, is an indication that the EU watchdog wants more concessions from the U.S. company. Its offer also included limiting the use of advertising data to develop products that compete with advertisers, the people said. The world's most popular social network sought to settle the EU investigation opened in June last year, other people familiar with the matter told Reuters last December. Reporting by Foo Yun Chee; Editing by Susan FentonOur Standards: The Thomson Reuters Trust Principles.

Persons: Foo Yun Chee, Susan Fenton Organizations: Facebook, U.S ., Reuters, Thomson Locations: BRUSSELS, U.S

☆ Apple faces $1 bln UK lawsuit by apps developers over app store fees
▼ + stars: | 2023-07-24 | by ( Foo Yun Chee | ) www.reuters.com time to read: +1 min

BRUSSELS, July 25 (Reuters) - Apple (AAPL.O) on Tuesday found itself the target of a 785-million-pound ($1 billion) class action lawsuit brought by more than 1,500 apps developers in the UK over its App Store fees. Apple's services business, which includes the App Store, has seen revenues grow at a rapid pace in the last few years and now hovers around $20 billion per quarter. Apple has previously said that 85% of developers on the App Store do not pay any commission and that it helps European developers to access markets and customers in 175 countries around the world through the App Store. "Apple's charges to app developers are excessive, and only possible due to its monopoly on the distribution of apps onto iPhones and iPads," Ennis said in a statement. They harm app developers and also app buyers."

Persons: Sean Ennis, Ennis, Foo Yun Chee, Aurora Ellis Organizations: Apple, Competition, Centre for, University of East, OECD, Geradin Partners, Thomson Locations: BRUSSELS, University of East Anglia

☆ Adobe's Figma deal faces full-scale EU antitrust probe, sources say
▼ + stars: | 2023-07-24 | by ( Foo Yun Chee | ) www.reuters.com time to read: +1 min

July 24 (Reuters) - Adobe's (ADBE.O) $20 billion bid for cloud-based designer platform Figma will face a full-scale EU antitrust investigation following EU regulators' preliminary review, people familiar with the matter said on Monday. The move underscores antitrust watchdogs' wariness of tech deals where bigger companies may acquire rival start-ups to shut them down. The European Commission earlier this year warned of the threat the deal poses to competition in the market for interactive product design and whiteboarding software. The EU competition enforcer, which is scheduled to finish its initial scrutiny by Aug. 7, did not immediately respond to a request for comment. Figma's Web-based collaborative platform for designs and brainstorming is hugely popular among tech firms including Zoom Video Communications (ZM.O), Airbnb (ABNB.O) and Coinbase (COIN.O).

Persons: Foo Yun Chee, Matthew Lewis Organizations: European, EU, Adobe, Zoom Video Communications, Thomson Locations: Brussels

But she said more needed to be done to prevent migrants trying to make the perilous Mediterranean crossing via unauthorised means. European Commission President Ursula von der Leyen echoed Meloni's point about offering legal routes into the 27-nation European Union (EU). Europe has pledged 1 billion euros ($1.1 billion) in aid to help Tunisia with its battered economy, with 100 million euros speficially earmarked for tackling illegal migration. The EU could work with countries such as Tunisia in expanding their production of renewable energy to the benefit of all, she added. Conference host Italy is struggling to cope with the number of unauthorised migrants arriving in centres such as its far southern island of Lampedusa.

Persons: Giorgia Meloni, Meloni, Ursula von der Leyen, von der Leyen, Mohamed al, POPE, Peter's, Pope Francis, COVID, Antonio Tajani, Ahmed Elumami, Foo Yun Chee, Conor Humphries Organizations: European Union, Presidential, Conference, EU, Thomson Locations: Italian, Rome, Europe, Italy, EU, Tunisia, St, Africa, Lampedusa, Tripoli, Brussels

☆ Tunisia migration deal a model for others, EU's von der Leyen says
▼ + stars: | 2023-07-23 | by ( ) www.reuters.com time to read: +1 min

ROME, July 23 (Reuters) - The European Union's pact with Tunisia can serve as a model for other countries, European Commission President Ursula von der Leyen said on Sunday, as the EU struggles to stem unauthorised flows of migrants across the Mediterranean. The EU and Tunisia last week signed a "strategic partnership" deal that includes cracking down on human traffickers and tightening borders. Europe also pledged 1 billion euros ($1.1 billion) in aid to help Tunisia with its battered economy and rescue state finances. For partnerships with other countries in the region," von der Leyen told a conference in Rome. New strategic partnerships would incorporate economic development, trade and investment, with mutual advantages in areas such as climate and renewable energy.

Persons: Ursula von der Leyen, von der Leyen, Angelo Amante, Foo Yun, Keith Weir Organizations: European, Thomson Locations: Tunisia, EU, Europe, Rome, Egypt, Morocco

Search resuls for: "Yun Chee"

25 mentions found