The approval in Brussels follows similar reviews and clearances in the United States, Canada, Brazil and South Africa
British Finance Minister Philip Hammond, making a rare appearance at the monthly meeting of EU finance ministers, said the compromise was "proportionate"
Terms India's move 'unilateral', says lack of investor protection might stop European investments to India
Rate will be cut from present 20% amid fears of EU blocking UK from accessing its markets
The move comes close on the heels of complaints pouring in against Beijing's below-market-level selling prices for steel
EU antitrust chief Margrethe Vestager, who took office at the end of 2014, has signaled a willingness to delve more into how merging companies leverage the trove of data at their disposal
The agreement, adopted by 95 countries last year, aims at setting a global framework to combat climate change
EU Council President Donald Tusk agreed, saying the mood in the EU now was sober but not defeatist
Juncker highlighted the initiatives in an annual State of the Union address that sought to counter euro scepticism
Juncker's speech also focused on security and economy and to find ways that EU nations can work together
He stressed that post-Brexit, the remaining member states had to stick together and that included increased responsibility for their defence
Talks between the 27 EU nations remaining in the bloc are likely to be challenging
Says the vote has ushered in uncertainty and would weigh on the growth
Turkey carried out fresh raids on Monday as the EU ministers were meeting in Brussels
Ratings agency cites uncertainty after Brexit as reason for downgrade
But despite having put the petition to parliament, it is unlikely to find much traction
He suggested holding a summit of the 27 EU countries without Britain in September to discuss the bloc's future
The per capita gross national income of the UK in 2014 was much higher than the per capita income of the entire EU
The order to completely lift the ban was to be submitted to the European Parliament for approval
Around 890,000 persons globally acquired EU citizenship