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Section: Europe

  • EU (3,449)
    Obama’s global-finance problem
    Jun20

    Obama’s global-finance problem

    One of President Barack Obama’s key talking points on the massive, troubled trade deal moving through the Hill this week is how important it is to U.S. standing in the world. “If we don’t write the rules, China will write the rules out in that region,” he said in his State of the Union address. Yet for all the attention focused on the...

    Fitch Reaffirms Bulgaria’s Credit Rating at BBB- with Stable Outlook
    Jun20

    Fitch Reaffirms Bulgaria’s Credit Rating at BBB- with Stable Outlook

    Fitch Ratings on Friday affirmed Bulgaria’s long-term foreign and local currency Issuer Default Ratings (IDR) at BBB- and BBB, respectively.Outlook for both ratings are stable, Fitch said in a statement. GDP growth is projected at 1.2% for 2015 and 1.5% for 2016 respectively, “below potential growth, which is estimated to be between...

    Europe’s new dictator
    Jun20

    Europe’s new dictator

    Last month at the European Union summit in Riga, European Commission President Jean-Claude Juncker dispensed with diplomatic protocol to greet Hungarian Prime Minister Viktor Orbán with a puckish, “Hello, dictator!” — an open handed salute, and a slap on the cheek. It was all in good fun for Juncker, the longtime prime minister of Luxembourg, who...

    Putin: Fifa decision to grant World Cup to Russia ‘should not be questioned’
    Jun20

    Putin: Fifa decision to grant World Cup to Russia ‘should not be questioned’

    The Russian president also insists he wants to co-operate with the US in dealing with Islamic State, and wants Ukraine peace agreement to succeedRussia fought honestly for the right to host the 2018 World Cup and the decision should not be called into question, Vladimir Putin has declared.Swiss judicial authorities are investigating the awarding...

    Ukraine security chief dismissed
    Jun20

    Ukraine security chief dismissed

    Amid continued fighting in Ukraine’s east, another battle has come to a head in Kyiv with the dismissal of Security Chief Valentyn… …read more Source:...

    Ukraine offers creditors ‘last chance’ to reach deal over debt
    Jun19

    Ukraine offers creditors ‘last chance’ to reach deal over debt

    Kiev says it will stop servicing its $23bn debt unless progress is made in restructuring talks with foreign bondholders soon Ukraine has offered an updated debt restructuring proposal to creditors, its finance minister says, warning that Kiev would halt debt payments if bondholders did not make use of this last chance to clinch a deal in coming...

    Russia strikes pipeline deals to skirt Ukraine
    Jun19

    Russia strikes pipeline deals to skirt Ukraine

    The cash-strapped and increasingly friendless Greek government on Friday signed a preliminary agreement with Russia on a €2 billion project that would build a pipeline through Greece to link up with the controversial Moscow-backed Turkish Stream scheme. Russia wants to build Turkish Stream, carrying 63 billion cubic meters a year of gas, across...

    Algarve – Ukrainian coke smugglers get 10 years each
    Jun19

    Algarve – Ukrainian coke smugglers get 10 years each

    The Central Court in Lisbon sentenced two men each to ten years in prison for trying to import 660 kilos of cocaine hidden on a yacht. The pair had started their doomed voyage from the Caribbean where one of them bought the 13 metre yacht from a Spaniard living in the Dominican Republic: they also bought a shipment of cocaine. …read more...

    [Ticker] Russia’s decision on ending Ukraine gas transit ‘not final’
    Jun19

    [Ticker] Russia’s decision on ending Ukraine gas transit ‘not final’

    Slovak PM Fico told the Globsec forum Friday “top politicians” on his trip to Moscow told him “no final decision is yet fully made” on stopping Ukraine gas transit in 2020. He said if Russia does stop, it will mean “huge” financial cost to Slovakia in terms lost transit fees. …read more Source:...

    Putin doesn’t deny he supplied weapons to terrorists in Donbas
    Jun19

    Putin doesn’t deny he supplied weapons to terrorists in Donbas

    President of the Russian Federation Vladimir Putin does not deny deliveries of weapons to terrorists in eastern Ukraine. …read more Source:...

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