Europe weighs Russia sanctions against economic pain
SCHWEDT, Germany — In the United States, Igor Ivanovich Sechin is persona non grata, banned from entry and his assets frozen because of Moscow’s meddling in Ukraine. But in this German industrial town, the czar of Russia’s energy sector is a pillar of the local economy
Last Updated (Tuesday, 29 July 2014 23:04)
Britain cuts EU migrants' access to welfare payments
Tuesday, 29 July 2014 19:04
Prime Minister David Cameron on Tuesday set out new welfare rules to cut access to social security payments for migrants from the European Union, the latest in a string of British measures aimed at addressing voter concern over immigration.
EU plans to double aid to PH
Tuesday, 29 July 2014 13:36
MANILA, Philippines – The European Union (EU) intends to double its development assistance to the country to 325 million Euros over the next six years amid the Philippines’ strong economic growth and credit rating upgrades.
European Commission proposes to hold consultations on gas in Moscow this week
Tuesday, 29 July 2014 12:42
The main topic of this meeting should be the resuming of trilateral gas consultations between the EU, Russia and Ukraine aimed at seeking a “solution in a package”
Reuters: EU to draw up legal text on Russia sanctions
Tuesday, 29 July 2014 14:41
The European Union reached outline agreement on Friday to impose the first economic sanctions on Russia over its behaviour in Ukraine but scaled back their scope to exclude technology for the crucial gas sector.
The sanctions on access to capital markets, arms and hi-tech goods are also likely to apply only to future contracts, leaving France free to go ahead with the controversial delivery of Mistral helicopter carriers being built for Russia.
Last Updated (Tuesday, 29 July 2014 10:49)
Referencing Gogol, Russia Slams EU for Playing Into Hands of Terrorists
Tuesday, 29 July 2014 08:55
In a strongly worded statement with at least one obscure literary reference, Russia's Foreign Ministry has lashed out at the European Union for its decision to impose sanctions against top security officials, saying the "irresponsible" move would "be greeted with enthusiasm by international terrorists."
Federal Security Service director Alexander Bortnikov and Mikhail Fradkov, the head of the foreign intelligence service, were among those added to the EU's sanctions list, which was released Friday and includes several other high-ranking officials and members of Russia's Security Council as well.
Last Updated (Tuesday, 29 July 2014 08:53)
EU fraud down 21 per cent says commission
Tuesday, 29 July 2014 13:56
EU Member States must step up their work to prevent, detect and report fraud affecting EU funds, according to the European Commission’s annual report on the protection of financial interests.
EU tax break concerns
Tuesday, 29 July 2014 13:05
An in-depth investigation into Dutch Corporate Tax Law has been launched by the European Commission to ensure fair competition between EU ports.
European Parliament gives go-ahead for Lithuania to join the euro
Monday, 28 July 2014 19:28
Lithuania should join the euro on 1 January 2015, recommends the European Parliament in a resolution voted on Wednesday. This vote is in line with a European Commission recommendation and political backing from EU heads of state or government at the June EU Council summit.
Last Updated (Monday, 28 July 2014 19:35)
Tuesday, 29 July 2014 05:03
Cabinet has decided to classify the LarnacaBrussels air link as a public service route as it considers regular direct flights to the EU capital of crucial importance to the Republic of Cyprus.
To this end, Cabinet has set out the procedures under which it will choose the airline that will carry out flights from Larnaca to Zaventem airport in Brussels under this special regime.
The Communications Minister has been authorised to explore the availability of EU funds, in the very likely eventuality that some kind of financial compensation is requested.
Last Updated (Tuesday, 29 July 2014 08:59)
Fortress Britain retreats into splendid isolation
Tuesday, 29 July 2014 09:47
Recent Cabinet shuffle in Britain may be the latest sign of UK growing isolationist trend. Prime Minister David Cameron replaced his long-serving Foreign Minister William Hague with Philip Hammond, the former defense minister, who many consider a Euroskeptic. That step came on the heels of an unsuccessful public campaign by Britain to block the election of the former Prime Minister of Luxembourg Jean-Claud Juncker as president of the European Commission. The Luxembourg politician is known for his views to enhance EU powers, just the opposite of what the UK government wants now.
Last Updated (Tuesday, 29 July 2014 08:48)
- Fracking push gets go-ahead across UK as ministers tighten safeguards
- FTSE 100 chairmen back renegotiation of UK-EU relationship
- Friends: The One Where the EU Wants a Divorce
- Fury after government spends £80,000 of taxpayer cash flying 200 migrants back to Romania and Bulgaria - only for them to return weeks later
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