At the long-dormant construction site of the Norway-Poland gas pipeline on Danish soil, work has resumed after Russia invaded Ukraine. Plans to build methane terminals in northern Germany, Finland or France, new pipeline branches to Spain or the eastern Mediterranean are in the works. Europe is working hard to break free from Russian gas, even […]
Tag: Europe
The EU approves a fifth round of sanctions against Russia’s aggression against Ukraine
The European Council said in a statement on Friday that it has decided to impose a fifth package of economic and individual sanctions against Russia. According to the press release, Some of the key sanctions that the package comprises are: Ban on buying, importing or transferring coal and other solid fossil fuels to the EU […]
5G is moving forward in Europe – The position of Greece
Of Costa Ketsietzis The adoption of fifth generation (5G) mobile networks in Europe is proceeding at a slower pace than its competitors, while Greece is above the European average, according to the latest data from Ookla, the internet speed measurement company. In its latest 5G in Europe report: Reflecting on the Progress So Far and […]
Heavy losses in the Eurozone amid fears of the effects of war
Fears about the economic consequences of the war in Ukraine and the increasingly aggressive rhetoric of Federal Reserve officials about interest rates today hit the buying mood of investors in Europe, leading to significant losses on the continental stock exchanges. The mood in European markets has been tense since the morning, as recent revelations of […]
The complex issue of imposing an embargo on Russian products in European ports
The issue of implementing an embargo against Russia in European ports is extremely complex. In the first phase it had the character of solidarity with the Ukrainian people. Shortly after the invasion of Ukraine, the Swedish unions Hamnarbetarförbundet and Transportarbetare announced that they would “no longer touch” Russian-linked ships. Dutch dockers’ association FNV Havens, while […]
R. Metsola: The EU is united in the challenges of the present and the future
The European Union is united both in the face of the Russian invasion of Ukraine and in the future agenda for a green and digital transition, as well as in a European public health policy, said European Parliament President Roberta Metsola at the beginning. of the work of the 7th Delphi Economic Forum. Metsola said […]
EU to ban all coal imports from Russia – Reuters
Citing a source familiar with the matter, Reuters reported on Tuesday that the European Union planned to ban all coal imports from Russia. Additional comments “The European Union will prohibit the export to Russia of semiconductors, high-tech machinery, LNG extraction technology and other equipment.” “The EU export ban represents a value of 10,000 million euros […]
Council of Europe: The pandemic has helped reduce the prison population in Europe
The coronavirus pandemic has helped reduce Europe’s prison population, according to the Council of Europe’s annual report. Specifically, on 31 January 2021, 101.9 people per 100,000 inhabitants were held in prisons in the member states of the Council of Europe, a number that decreased by 2.3% compared to 2020 (104.3). It is noted that the […]
European plan to de-energize Russia faces possible delays and increased costs
Europe’s ambitious timetable for decoupling from Russian energy faces potential delays and additional billions of dollars in cost, as the war in Ukraine makes steel, copper and aluminum rarer and more expensive. According to Bloomberg, the rush to replace Russian fossil fuels is pushing the continent to focus on boosting liquefied natural gas flows in […]
EU tries to persuade China not to help Moscow deal with Western sanctions
The EU is now trying to persuade China to refuse to help Moscow deal with Western sanctions during a virtual summit in which Beijing seeks to renew its economic ties with Europe, where war is raging in Ukraine. European Commission President Ursula von der Leyen and European Council President Charles Michel, speaking on behalf of […]
