The US-EU deal on additional US liquefied natural gas supplies to Europe, which ended Friday’s close, sent investors back into European markets, while investors continued to assess central bank monetary policy moves. Russia’s announcement in the afternoon that the first phase of the “special military operation”, as he described it, in Ukraine has largely been […]
Tag: Europe
Washington Post: Biden-Europeans to mammoth deal to supply US LNG to Europe
LAST UPDATE: 20.04 US President Joe Biden and European leaders are expected to announce a major initiative to immediately bring US liquefied natural gas (LNG) production to Europe during a visit to Brussels as part of a broader effort to reduce Europe’s dependence. by Russian energy, according to the Washington Post, which cites three knowledgeable […]
K. Mitsotakis: To send a clear message that the Alliance is fully united on the issue of Ukraine
“I hope that will not happen. But that does not mean that we should not be prepared for this eventuality,” said Kyriakos Mitsotakis, attending the NATO Summit, when asked if he thought it would be a red line to use Vladimir Putin chemical weapons in Ukraine. “What is important is that we send a very […]
Putin’s demand for ruble gas gas escalates energy dispute
Russia plans to demand payments in rubles for gas purchases from “unfriendly countries”, as announced yesterday by Russian President Vladimir Putindeepening its confrontation with the West and possibly exacerbating Europe’s worst energy crisis since the 1970s, according to Bloomberg. Gas prices soared more than 30 percent yesterday after Putin ordered the central bank to develop […]
Inflationary concerns and Ukraine threw the European markets
Significant losses were recorded in European markets on Wednesday, with investors assessing inflation concerns on the one hand and waiting for tomorrow’s EU Summit on Ukraine, which will be attended by US President Joe on the other. Biden. EU leaders will discuss developments in Ukraine and Russia’s ongoing offensive in the country, security and defense, […]
EU: Russia’s request for ruble payment for gas may be discussed at summit
The leaders of the countries of the European Union can talk the request of Russia that “unfriendly countries” will pay in rubles for Russian gas at a two-day summit starting tomorrow in Brussels, a senior European official has said. “This can be discussed,” the source said. He added that leaders could also consider whether Moscow’s […]
Handelsblatt: German call for talks on EU-US transatlantic free trade agreement
LAST UPDATE: 12:20 Germany’s finance minister has called for new talks on a free trade agreement between the European Union and the United States, according to Germany’s Handelsblatt, Reuters reports. Christian Lindner, the finance minister of Europe’s largest economy, told Handelsblatt: “We need to resume negotiations on a transatlantic free trade agreement. share our values […]
Poland: Proposes complete ban on EU-Russia trade
Poland has proposed to the European Union that it impose a complete ban on trade with Russia, Prime Minister Matthew Morawiecki said on Saturday, calling for tougher sanctions on Moscow for its invasion of Ukraine, Reuters reported. “Poland proposes to add to this package of sanctions a trade embargo as soon as possible, (which will […]
Turkey claims a role in European defense
Taking advantage of the Ukrainian crisis, Turkey seeks to reap benefits at many different levels, including the European Union. The establishment of PESCO (Permanent Structured Cooperation) in 2017 was considered by Turkey as an easy task, since its accession to NATO would open the door for it in this case as well. However, the criteria […]
Sunak warns UK faces £70bn hit from EU ban on Russian oil and gas – FT
“An immediate EU-wide embargo on Russian oil and gas imports would send economic shock waves across Europe and would cause at least £70bn of damage to the British economy”, said the UK Chancellor of the Exchequer, Rishi Sunakaccording to the Financial Times (FT). His warning comes after Prime Minister Boris Johnson urged Western allies to […]
