ECONOMY

EU allows cultivation of new US genetically modified corn

EU ministers allowed the controversial cultivation of a new genetically modified crop, US firm Pioneer’s TC1507 corn, after opponents failed Tuesday to muster enough votes against the move.

A meeting of European Affairs ministers could not establish a majority either way, Greek chairman Evangelos Venizelos said, and so under complex EU voting rules, TC1507 was allowed through. [AFP]

Subscribe to our Newsletters

Enter your information below to receive our weekly newsletters with the latest insights, opinion pieces and current events straight to your inbox.

By signing up you are agreeing to our Terms of Service and Privacy Policy.

READ MORE
ECONOMY

Cyprus says capital controls to be ‘significantly’ eased starting next week

ECONOMY

Cyprus program ‘on track,’ outlook still risky: EU/IMF review

ECONOMY

Greece sells 1.3 bln euros of 3-month T-bills, yield eases

ECONOMY

Greece posts wider primary budget surplus in January

ECONOMY

Olympic Park tests Greek recovery talk after privatization flops

ECONOMY

Germany’s Schaeuble sees no deflation threat in Europe