The Trade Commissioner and Executive Vice President of the European Union (EU), Valdis Dombrovskissaid he still believed member countries could reach an agreement on the bloc’s sixth package of sanctions against Russia, including an oil ban. Bulgaria and several other EU member states have opposed the embargo on Russian oil imports. Featured Comments “With the […]
Tag: Europe
EBRD: Sudden shutdown of Russian gas will vaporize post-pandemic recovery
Russia, emerging economies in Europe, Central Asia and North Africa could cut off gas supplies to pre-pandemic levels, eroding recovery from the health crisis, the European Union (EU) has said in a statement. Reconstruction and Development (ABRD). Many countries in the EBRD, which includes about 40 economies, from Mongolia to Slovenia and Tunisia, are dependent […]
I want majority votes for certain political areas of the EU — Emmanuel Macron
French President Emmanuel Macron he said on Monday that he wants more majority votes for certain EU policy areas and called for reforming EU texts so the bloc can become more effective, Reuters reported. There will be conflicts over EU reform, but we should not cower, she said, adding that there is already a Europe […]
The Europe Day Pact: The valuable acquis of a united Europe is not a given and self-evident
“The valuable achievements of the United Europe are not given and taken for granted, but they need constant vigilance and defense by responsible European leaders and conscious citizens,” said President Katerina Sakellaropoulou in her May 9 message. In a Facebook post, Sakellaropoulou stressed that “the message of May 9 this year is not only the […]
N. Dendia Message for Europe Day
“72 years ago, the foundations of the European edifice were laid, a unique undertaking in the history of mankind, to create an area of ​​democracy and human rights, a few years after a catastrophic war on our continent,” Foreign Minister Nikos Dendias said in a statement. on Twitter. “By joining the United Europe 41 years […]
Europe Day and the myth of the wise nation
Celebrating the day after the Victory over Nazi Germany on May 8, 1945, Europe Day symbolizes the peace and prosperity that the EU has secured for the peoples of Europe in the immediate aftermath of the deadliest and most destructive conflict in history. This year’s anniversary has strong symbolism. It coincides with the 75th anniversary […]
EU: No solution to Russian oil embargo – Hungary continues blockade
Hungary has continued to block a European Union proposal to ban Russian oil imports by delaying a full package of sanctions aimed at President Vladimir Putin over the war in Ukraine, according to sources familiar with the talks. Bloomberg agency. A meeting of the 27 EU ambassadors ended today without an agreement, and talks are […]
The European markets closed with losses of more than 1%
European stock markets closed more than 1% lower on Friday, affected by yesterday’s big sell-off on Wall Street. In particular, the pan-European Stoxx 600 closed with losses of 1.91% at 429.91 points, with the retail sector slipping 2%, as almost all sectors closed in negative territory. The oil and gas sector strengthened by 0.7%. At […]
Ukrainian Ministry of Foreign Affairs demands full embargo on Russian oil and gas
Ukrainian Finance Minister Sergiy Martchenko today called for a full international embargo on Russian oil and gas over Moscow’s invasion of Ukraine. Marchenko told an online news conference that Ukraine was finding it difficult to balance its budget after 10 weeks of war, adding that as finance minister he could not be satisfied with the […]
Rising interest rates by central banks are pushing bonds
New decline today in European bond prices after the increase in interest rates yesterday by the Fed and today by the Bank of England. The latter raised its key interest rate by 1% although it acknowledged that there was a risk that the British economy would slip into recession. In the eurozone, however, money markets […]
