Another Europe News
Michel Barnier: Creating free trade deal with US could take three years (FULL Interview)
A drive to create the world’s largest free trade zone could take up to three years, it’s been claimed.
European commissioner Michael Barnier, in an exclusive interview with euronews, called for the agreement to be “fair, free and balanced”.
Barnier, commissioner for internal market and services, said the discussions were complex and could take one, two or even three years to complete.
Direct tariffs on goods and service are already low between the US and Europe, but there are other barriers — such as regulatory and safety standards — that, if lifted, could reduce the costs of doing transatlantic business.
The interview with Barnier was the culmination of a special month on the single market, which has seen the European Union ask for views on the issue.
The debate has focused on four main themes around the economic crisis: employment, social rights, banking and e -commerce.
The single market , established in 1992, involved 345 million people in 12 countries. It has open borders for people , services and goods. The single market then was responsible for about €800 billion of trade.
Today, 28 countries are part of the single market , which now includes 500 million people . It generated €2,540 billion of trade in 2010.
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National sovereignty equals ‘sending gifts to US and China’, former Italian PM Letta tells Euronews
National sovereignty equals ‘sending gifts to US and China’, former Italian PM Letta tells Euronews
The former Italian prime minister tells Euronews that, to be able to compete with Washington and Beijing, the EU must keep a united front, adding that “the true battle is for European sovereignty”.
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Latest news bulletin | July 5th, 2026 – Morning
Catch up with the most important stories from around Europe and beyond this July 5th, 2026 – latest news, breaking news, World, Business, Entertainment, Politics, Culture, Travel.
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“It’s freedom”: Border residents react to end of Gibraltar-Spain checks
Routine border checks between Spain and Gibraltar have ended, allowing thousands of daily commuters to cross more easily. While many welcome shorter journeys and greater freedom, others remain cautious about the long-term impact.
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Cypriot minister defends appointment of EU Cyprus special representative following backlash
Cypriot minister defends appointment of EU Cyprus special representative following backlash
Cyprus says the EU’s appointment of Raffaele Fitto as special representative for the divided Mediterranean territory will support reunification efforts, but Turkish Cypriot leadership has blasted the move as biased and putting strain on efforts to improve EU-Turkey relations.
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Catch up with the most important stories from around Europe and beyond this July 6th, 2026 – latest news, breaking news, World, Business, Entertainment, Politics, Culture, Travel.
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@oelergodt
May 13, 2024 at 9:47 pm
Actually I was wrong the fee is not 50, but 160 kr. (€21,48)… doesn't make it better, though.
@Kangkhao
May 13, 2024 at 9:47 pm
All trades are already almost tax free.
All these secret negociations are about deregulations and giving the right to transnationals to sue governments.
@oelergodt
May 13, 2024 at 9:47 pm
A free trade deal is not deregulation.