The European Commission is working with the United States on the final details of a commercial data-sharing deal that was put up for renegotiation following leaks two years ago that exposed U.S. mass surveillance practices, a document seen by Reuters showed.
India said on Wednesday (5 August) it had put off for now the resumption of talks on a planned free trade accord with the European Union due to the bloc's refusal to lift a ban on the sale of around 700 pharmaceutical products.
Greek Prime Minister Alexis Tsipras on Wednesday (5 August) said his government is nearing a deal with international creditors on a mammoth bailout, as his spokeswoman raised the prospect of early elections in the fall.
Greece and its lenders said on Tuesday (4 August) they were optimistic they could broker a deal within days on a multi-billion euro bailout, striking a surprisingly upbeat tone on a process previously fraught with bitterness. A bailout worth up to €86 billion must be settled by Aug. 20 -- or a second bridge loan agree -- if Greece is to pay off debt of €3.5 billion to the European Central Bank that matures on that day.