The European Commission extended its financial support to Europe's agriculture sector today (7 August), renewing benefits to farmers hit by Russia's ban on food from the EU. The new aid package will last until June 2016 and targets European fruit and vegetable producers.
Large US-based internet firms such as Cisco, Google and Amazon will be subject to a new EU cybersecurity law forcing them to adopt tough security measures and possibly report serious breaches to national authorities, according to a document seen by Reuters.
Russian officials on Thursday (7 August) steamrolled tonnes of cheese, fruit and vegetables, defying public outrage to begin a controversial drive to destroy Western food smuggled into the crisis-hit country.
A new bailout should be agreed by late August, Greece's Prime Minister Alexis Tsipras and French President François Hollande said on Thursday (6 August). Greece is in negotiations with the European Union and International Monetary Fund for as much as €86 billion in fresh loans to stave off financial ruin and economic collapse.
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.