The European Union (EU) is an economic and political union of 27 member states that are located primarily in Europe.

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David Cameron to tell EU: cut all tax credits to migrants

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Migrants from the European Union will have to work in Britain for a minimum of four years before they can claim benefits, David Cameron will propose on Friday in a major speech setting out a vision of how the EU can control the free movement of workers – and how he is willing to leave the union if he does not get his way.

EU unveils giant 392bn dollar jobs and growth plan

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Jean-Claude Juncker, the newly installed head of the European Union, has unveiled a 315 billion euro ($392 billion) investment package to help kick start Europe's flagging economy, create a million jobs, and help growth and competitiveness.


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Julius Baer cooperating in French probe

Julius Baer is cooperating in a French investigation into suspected money laundering and tax fraud by a former client involved in the European carbon allowances market, a spokeswoman said, following French media reports.