European Union

How Israel lost Europe’s support

Following France’s lead, one EU country after another changed their votes in favor of the Palestinians. By Barak Ravid, HAARETZ, Israel As the hours wore on Thursday, the magnitude of the Israeli defeat in the United Nations General Assembly became continually clearer. One after another, the Foreign Ministry and Prime […]

David Cameron’s Risky EU Showdown

Source: Spiegel: All eyes are on British Prime Minister David Cameron on Thursday as European Union leaders gather in Brussels for talks aimed at passing the bloc’s next budget. His pre-summit blustering leaves him with little wiggle room, and he could emerge as the debate’s biggest loser. More:

5bn-euro EU aid package boosts Egypt

ARAB NEWS .CAIRO: The European Union has approved a 5.0 billion euro financial aid package to Egypt after its economy was battered by a 2011 uprising that toppled Hosni Mubarak, the presidency said yesterday. The European Investment Bank will grant Egypt 2.0 billion euros and the European Bank for Reconstruction […]