Archive for the ‘European Union’ Category

Total CEO hopes Britain will remain in the European Union – euronews

AIX-EN-PROVENCE, France (Reuters) Totals chief executive Patrick Pouyanne said on Friday he had not given up on the idea of keeping Britain in the European Union. The French oil major, Europes second-largest, is a major oil producer in the British North Sea. I still hope that Britain remains in the European Union, Pouyanne said on the sidelines of a business conference in the southern French city of Aix-en-Provence. Maybe what will happen under the initiative of Emmanuel Macron and (Angela) Merkel will pave the way for a new future for Britain, Pouyanne said, referring to the new French president and the German chancellor, without elaborating. The current period of economic uncertainty triggered a year ago by the British vote to leave the EU needs to end as soon as possible, Pouyanne added. Whats not good for Britain is that were in a period of uncertainty, Totals boss said. Investors dont like uncertainty. Britains interest is to clarify things quickly. Its also in the interest of Europe, he added.

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Total CEO hopes Britain will remain in the European Union - euronews

‘Exodus of biblical proportions’ Millions of migrants to arrive after EU’s woeful response – Express.co.uk

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The President of the European Union said there will be an exodus of biblical proportions in the next five years that will be impossible to stop if Europe does not confront the problem now.

Mr Tajanis warning came as France evacuated almost 3,000 migrants sleeping rough from a makeshift camp near Paris city centre.

He told Il Massagero newspaper: "Population growth, climate change, desertification, wars, famine in Somalia and Sudan. These are the factors that are forcing people to leave.

"When people lose hope, they risk crossing the Sahara and the Mediterranean because it is worse to stay at home, where they run enormous risks.

If we don't confront this soon, we will find ourselves with millions of people on our doorstep within five years.

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Refugees and migrants wait in a small rubber boat to be rescued off Lampedusa, Italy

If we don't confront this soon, we will find ourselves with millions of people on our doorstep

Antonio Tajani

"Today we are trying to solve a problem of a few thousand people, but we need to have a strategy for millions of people.

Mr Tajani claimed the only solution to the crisis is a massive investment in Africa to stop people leaving in the first place.

The number of migrants from north and central African countries such as Egypt, Libya, Sudan and Somalia has gone up 20 per cent since last year, according to the United Nations.

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More than 100,000 migrants have crossed the Mediterranean to reach Europe, and nearly 2,250 have died making the journey.

And 500,000 people are believed to have ventured from Libya to Italy over the past four years.

EU interior ministers have pledged to back an urgent plan to help Italy, which has accepted 85 per cent of arrivals this year.

The European Commission has offered Italy 30million (35m) in extra funding to help deal with the situation.

But Commission deputy head Frans Timmermans has said Europe need solidarity from all member states including the United Kingdom to tackle the increasing flow of migrants.

He said: I will tell you this migration issue will not go away not today, not tomorrow, not next year, not for a decade, not for two decades.

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This is a global phenomenon that will be with us for generations.

Mr Timmermans added: We know that many of the people arriving in Italy, when scrutinised, do not have the right to international protection because they dont flee from war or persecution.

They seek a better life, which is a noble pursuit, but it does not grant them the right to stay in the European Union.

More than 5,000 Syrian migrants were settled in the UK by the end of last year.

Commission President Jean-Claude Juncker has also called on European countries to take in refugees from Italy and Greece.

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'Exodus of biblical proportions' Millions of migrants to arrive after EU's woeful response - Express.co.uk

Total CEO Hopes Britain Will Remain in the European Union – New York Times

AIX-EN-PROVENCE, France Total's chief executive Patrick Pouyanne said on Friday he had not given up on the idea of keeping Britain in the European Union.

The French oil major, Europe's second-largest, is a major oil producer in the British North Sea.

"I still hope that Britain remains in the European Union," Pouyanne said on the sidelines of a business conference in the southern French city of Aix-en-Provence.

"Maybe what will happen under the initiative of Emmanuel Macron and (Angela) Merkel will pave the way for a new future for Britain," Pouyanne said, referring to the new French president and the German chancellor, without elaborating.

The current period of economic uncertainty triggered a year ago by the British vote to leave the EU needs to end as soon as possible, Pouyanne added.

"What's not good for Britain is that we're in a period of uncertainty," Total's boss said. "Investors don't like uncertainty."

"Britain's interest is to clarify things quickly. It's also in the interest of Europe," he added.

(Reporting by Michel Rose, Mathieu Rosemain and Gwenaelle Barzic)

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Total CEO Hopes Britain Will Remain in the European Union - New York Times

Japan, European Union Strike New Trade Deal – Wall Street Journal (subscription)


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Japan, European Union Strike New Trade Deal
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Japan, European Union Strike New Trade Deal - Wall Street Journal (subscription)

EBRD nuclear safety work gets boost from European Union – The FINANCIAL

The FINANCIAL -- The European Union (EU) has made a 19 million contribution to the Nuclear Safety Account (NSA), one of the nuclear safety funds managed by the European Bank for Reconstruction and Development (EBRD).

The NSA was established at the EBRD at the request of the G7 in 1993 to fund operations to ensure the safety and security of Soviet-designed nuclear power plants. It currently finances the Interim Storage Facility 2 and the Liquid Radioactive Waste Treatment Plant of the decommissioned Chernobyl Nuclear Power Plant.

The EUs contribution is vital for the support of the Chernobyl spent nuclear fuel facility project, known as ISF-2. The facility has been built and is currently being tested, with an ambitious schedule to start retrieving spent fuel from the old dilapidated storage pond by the end of this year.

The operation of retrieving, processing and ensuring the safe storage of more than 20,000 spent fuel assemblies accumulated during the activity of three nuclear reactors at Chernobyl will take approximately seven years. The facility will be handed over to the Chernobyl operators in 2018, according to EBRD.

The EUs contribution to the NSA was signed today during the Assembly of the NSA donors held in London at the Banks Headquarters.

Vince Novak, EBRD Director of the Nuclear Safety Department, said: In terms of nuclear safety, the completion of this 400 million facility will be a major achievement and a huge step forward in the reduction of radiological hazards. We are very pleased to be able to continue this work to increase nuclear safety and security in eastern Europe.

The EBRD work on nuclear safety has contributed to the success of one of the most ambitious projects in the history of engineering: securing the site of the 1986 Chernobyl nuclear accident with the giant arch known as the New Safe Confinement the largest moveable land-based structure ever built.

Recently, with EBRD and donor support, the first shipment of spent nuclear fuel left the base in Andreeva Bay in north-west Russia to begin the journey to its final destination, the nuclear reprocessing plant Mayak. This is a crucial milestone in overcoming the legacy of the former Soviet Northern Fleet and its nuclear-powered submarines. Accidents and a lack of funding saw the storage sites contaminated and fall into dereliction presenting a real risk of radioactive material entering the Barents Sea and the food chain.

The EU has been by far the largest donor to the EBRD-managed nuclear safety funds. The latest contribution brings the total EU donor funding for all nuclear safety funds to 2.437 billion.

The NSA has received some 385 million from donors including: Azerbaijan, Belgium, Canada, Denmark, the European Union, Finland, France, Germany, Italy, Japan, the Netherlands, Norway, Russia, Sweden, Switzerland, the United Kingdom, Ukraine and the United States. In addition, the EBRD has contributed 217 million from its net income for the completion of ISF-2.

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EBRD nuclear safety work gets boost from European Union - The FINANCIAL