Thursday

17th Aug 2017

Ticker

EU must stop Airbus subsidies, says trade body

The World Trade Organisation (WTO) said in a report Thursday that the EU as well as Germany, France, the UK and Spain do not comply with that organisation's rules on public subsidies and should cut fundings to aircraft manufacturer Airbus. The WTO's panel examined the case at the request of Airbus main competitor, Boeing. The US called for an immediate halt for EU subsidies and Airbus said it would appeal.

News in Brief

  1. Mixed Irish reactions to post-Brexit border proposal
  2. European Union returns to 2 percent growth
  3. Russian power most feared in Europe
  4. Ireland continues to refuse €13 billion in back taxes from Apple
  5. UK unemployment lowest since 1975
  6. Europe facing 'explosive cocktail' in its backyard, report warns
  7. Danish police to investigate misuse of EU fishing rules
  8. German constitutional court questions ECB's €2tn spending

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